US-based Jane Street is contesting SEBI’s order accusing it of manipulative trading in equity derivatives, asserting a misunderstanding of hedging practices. The firm denies being uncooperative, stating it promptly provided information and modified trading after discussions with exchanges.
ICICI Bank adds most credit cards in April amid rising competition
Axis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. “We are focused on