Monday, Nov 30 2020 | Time 16:02 Hrs(IST)
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  • Rajiv Gauba asks Chief Secretaries to ensure guidelines issued by Home Ministry relating to surveillance
  • Om Birla appoints Utpal Kumar Singh as Secretary-General of LS
  • Archer Kapil tests positive for coronavirus
  • Injured Warner ruled out of final ODI, T20I series; Cummins rested
  • Injured Warner ruled out of final ODI, T20I series; Cummins rested
  • PM dedicates six-lane Varanasi-Prayagraj highway to nation
  • Centre asks States to adhere to fire safety norms in hospitals & nursing homes
  • Panchayat elections announced in Karnataka
  • Aim is to become a dependable player for the team, says Shamsher Singh
  • Aim is to become a dependable player for the team, says Shamsher Singh
  • K'taka Gram Panchayat polls to be held in two phases
  • Depression to become cyclonic storm tomorrow, TN to get extremely heavy rains on Dec 2
  • Sustained shedding of active Covid caseload continues
  • Maoists paste posters in Giridih, JPC in Chatra
  • Stage set for GHMC election on Dec 1
Business Economy


India INX and ICC gears up to begin trading of Depository Receipts on the exchange

Kolkata, Oct 29 (UNI) The India International Exchange (IFSC) Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) and India International Clearing Corporation (India ICC), are all set for listing and trading of Depository Receipts (DRs).
The International Financial Services Centres Authority (IFSCA), with an objective to develop the financial products and financial services in the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC) has prescribed the regulatory framework for listing of DRs.
Commenting on this, V Balasubramaniam, MD & CEO, India INX, said, “This is a welcome move and we are all geared up to list and trade DRs. This will enable Global DRs to be listed on India INX at GIFT City and benefit investors from across the globe to look at long-term investment products on Indian equity shares. This will also give a boost to India’s corporate sector as the listed corporates will be able to raise funds through issue of Global Depository Receipts.”
More News

30 Nov 2020 | 3:35 PM

Kozhikode, Nov 30 (UNI) Following were the rates in the Kozhikode
Coir market today per quintal.

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IndiGo wins 9th Edition of NHRD Corporate CSR Best Practices Award of N

30 Nov 2020 | 3:34 PM

Kolkata, Nov 30 (UNI) India’s leading carrier, IndiGo, has been awarded the NHRD Corporate CSR Best Practices award 2020 for its ongoing CSR projects on “Enhancing Livelihoods Security for the Rural Women in Maharashtra, Assam and Meghalaya”.

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30 Nov 2020 | 3:34 PM

Kozhikode, Nov 30 (UNI) Following were the rates in the Kozhikode
Oil market today per quintal.

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30 Nov 2020 | 3:33 PM

Kozhikode, Nov 30 (UNI) Following were the rates in the Kozhikode
Spices market today per quintal,
Pepper Nadan, Rs 30, 600,
Chettan Rs 32, 400,
Wynadan Rs 33, 600,
Ginger (new) Rs 26, 000
Cardamom Green (New) Rs 3, 700.

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30 Nov 2020 | 3:31 PM

Kozhikode, Nov 30 (UNI) Following was the rate in the
Kozhikode Rubber market today,
RMA LOT (RSS 4) Rs 15, 900
(RSS 5) Rs 12, 100.

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