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NSE algo trading case: 62 broking firms may have had preferential access to NSE servers

NSE algo trading case: 62 broking firms may have had preferential access to NSE servers

Mumbai: Forensic analysis shows 62 broking firms may have enjoyed preferential access to servers of National Stock Exchange of India Ltd (NSE), and not just the three that have been served showcause notices. This is according to three forensic audit reports by EY India Ltd, Deloitte Touche Tohmatsu India Llp and International School of Business (ISB). Mint reviewed excerpts of these reports.

The inside story of Sebi crackdown on dabba trading

The inside story of Sebi crackdown on dabba trading

Byculla, a south Mumbai neighbourhood, is known for its crowded and narrow lanes filled with honking cars fighting for space, its rows and rows of vegetable sellers, delicious streetside non-vegetarian food and its non-descript, medium-sized residential and commercial buildings.

One morning in July 2003, a group of four or five men struggled their way through the Byculla chaos to reach an old, worn-out, shabbily painted, medium-sized building.

Cryptocurrencies take a sudden lurch lower as Bitcoin declines

Cryptocurrencies take a sudden lurch lower as Bitcoin declines

Cryptocurrencies dropped on Thursday as Bitcoin gave up the $4,000 level it’s hovered around since the start of the year.

The largest digital currency slumped as much as 6.2% in the European morning, erasing an earlier small gain to trade at $3,785.17 at 9:28 am in London.

Jeff Bezos divorce: Investors worry about impact on Amazon

Jeff Bezos divorce: Investors worry about impact on Amazon

Amazon.com Inc shares seesawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans.

Bezos, whom Forbes lists as the world's richest person, worth an estimated $136.2 billion, said via Twitter on Wednesday that he and his wife of 25 years, MacKenzie, will divorce.

Mumbai: Man's organs save six lives after his death

Mumbai: Man's organs save six lives after his death

The death of a 52-year-old man from Kalyan did not stop his family from giving life to others. The family donated his organs which were quickly transplanted and ended up saving lives of six people in various parts of Mumbai.

On January 3, Pyarelal Jaiswal, 52 from Khadavali in Kalyan, was admitted Fortis hospital, Kalyan, after suffering brain haemorrhage. After four days of treatment, he was declared brain dead by the doctors on January 7.

Cabinet approves re-promulgation of triple talaq ordinance

Cabinet approves re-promulgation of triple talaq ordinance

The Union Cabinet Thursday approved the re-issuance of an ordinance making the practice of instant triple talaq a criminal offence, sources said.The earlier ordinance, issued in September last year, was to expire on January 22.

A bill to convert the ordinance into a law is pending in Rajya Sabha where the opposition has been resisting its passage.An ordinance has a life of six months.

Coal India likely to auction 30 million tonnes of coal in Jan-Mar quarter

Coal India likely to auction 30 million tonnes of coal in Jan-Mar quarter

Coal India (CIL) is expected to put another 25-30 million tonnes (mt) of coal under the hammer in the ongoing quarter.

This comes after e-auction volumes dipped following the decision to pump more coal into the coal-starved power sector through fuel-supply agreements (FSAs).

TCS net profit crosses Rs 8,000-crore milestone in Q3, jumps 24% y-o-y

TCS net profit crosses Rs 8,000-crore milestone in Q3, jumps 24% y-o-y

The country’s largest information technology (IT) services company, Tata Consultancy Services, earned its highest-ever net profit of Rs 8,105 crore in the seasonally weak third quarter (Q3) of 2018-19 (FY19). This was in line with market expectations, though revenue and operating margins missed consensus estimates narrowly.

Wipro’s Aerospace business commences deliveries to Boeing

Wipro’s Aerospace business commences deliveries to Boeing

Bengaluru: Wipro Infrastructure Engineering (WIN) on Thursday announced that it has commenced shipments of parts supplies to Boeing from its plant at Devanahalli near here.

WIN said Boeing has contracted Wipro Aerospace to manufacture strut assemblies for the 737 MAZ and Next-Generation 737 airplane programmes.

Ford unveils new Explorer. What is different in new SUV?

Ford unveils new Explorer. What is different in new SUV?

Ford Motor Co., losing ground in the sport utility vehicle business it helped pioneer, is rolling out the first redesign of its bread-and-butter Explorer since President Obama was in his first term and the auto industry was recovering from a debilitating recession.

This latest Ford Explorer—unveiled Wednesday by Executive Chairman Bill Ford at Ford Field, the stadium home to his family-owned football team, the Detroit Lions -- lands as the auto industry may be heading into another downturn.

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