Year: 2018

The market regulator ( SEBI ) said, it has initiated the probe against various entities in the NSE co-location case, with this it has alleged various lapses in high-frequency trading offered through the National Stock Exchange’s co-location facility.     We have received the NSE investigation report in the co-location case… have initiated enforcement actions,” Sebi Chairman Ajay Tyagi said. In the coming few days, the enforcement actions would be completed against the entities, he added. Tyagi also said that the investigation has nothing to do with the NSE’s proposed initial…

Everyone wants to go for digital but no real consensus of what that meant. It made me wonder, how can an organisation become digital if they can’t agree on what digital means? The global business environment is being disrupted by the collision of an unprecedented wave of innovation.   Digital medium means using technology to support the business to proactively engage through online or digital including mobile, web etc. with their customers as and where people socialise and also like to be engaged. This is headlined by social media and mobile…

News Can a Bank be held deficient in services if its ATM does not dispense Cash for the reason “Cash not available”? A consumer Court  in Raipur has recently imposed a penalty of Rs.2500.00 on SBI for exactly the same reason overruling the arguments of SBI that   * The complainant was not its customer   * Failure of internet connectivity is not within its ambit, rather it is upon the internet service provider against whom, any complaint if any, should lie.   The Form countered SBI by saying that when…

Chief Minister Naveen Patnaik wrote a letter to Prime Minister Narendra Modi has sought an amendment in the Companies Act, 2013 so as to make it easier for public and private companies to make contribution to the Chief Minister’s Relief Funds (CMRFs) as part of their CSR activity. The letter summarizes, Naveen said there is need for augmentation of CMRF resources through contribution of CSR fund of the corporates. The chief minister relief Fund  (CMRF), like that of other states, uses it fund for various pro-poor activities. Some such examples are relief…

The advantages of technology are not restricted to a select few but are there for all sections of society. We strengthened the network of CSCs. PM Narendra Modi said, the network of about three lakh Common Service Centres, which act as access points for delivery of digital services, have bolstered employment and entrepreneurship opportunities, thus empowering citizens. Interacting with beneficiaries of the various Digital India efforts, Modi said the initiative was launched with an objective of bringing benefits of technology to people, especially in rural areas. This initiative was launched with an…