Author: Ansh Mangla

The National Stock Exchange (NSE) has banned trading in the futures and options (F&O) segment for five stocks on Thursday, June 27, 2024, as they exceeded 95% of the market-wide position limit (MWPL). These stocks, however, will still be available for trading in the cash market. The five stocks on the F&O ban list for June 27 are GNFC, India Cements, Indus Towers, PNB, and SAIL. The NSE stated that derivative contracts in these securities have crossed 95% of the MWPL, placing them in the exchange’s ban period. During this period, trading in the derivative contracts of these securities is…

The Employee State Insurance Corporation (ESIC) and the Employee Provident Fund (EPF) are two distinct social security programs in India that benefit employees. ESIC is mandatory for employees earning less than Rs. 21,000 per month, while EPF is required for employees earning more than Rs. 15,000. This article explores the key differences between EPF and ESIC. What is EPF and EPF Return?The Employee Provident Fund (EPF) is a retirement benefit plan provided by employers, regulated by the Employees’ Provident Fund Organization (EPFO). Both the employer and the employee contribute a predetermined portion of the employee’s salary to the fund. Upon…

Dematerialization is the process of converting an investor’s physical certificates into electronic form, eliminating the need for physical share certificates and streamlining share trading and ownership. These electronic shares and securities are maintained in a Demat Account. A Depository Participant (DP) acts as an intermediary between the depository and investors. The relationship between DPs and the depository is governed by an agreement under the Depositories Act. Dematerialization essentially transitions stock certificates from physical to digital form. Depository A depository holds investors’ securities (such as shares, debentures, bonds, government securities, mutual fund units, etc.) in electronic form at the request of…

In recent years, significant changes have been made to facilitate business operations, particularly in addressing the backlog of Non-Performing Assets (NPA) cases and enabling entrepreneurs to exit businesses with greater ease. The introduction of the Insolvency & Bankruptcy Code (IBC) 2016 and amendments to the Companies Act 2013 have streamlined processes, providing a fresh start for entrepreneurs and aiding financial institutions in managing such cases. These developments have improved the ease of doing business by simplifying the procedures for companies to shut down operations and exit the market, thereby fostering re-entry opportunities. Under Indian law, companies (or limited liability partnerships…

The concept of the Time Value of Money (TVM) is fundamental in finance and economics, representing the idea that money available today is worth more than the same amount in the future due to its potential earning capacity. This principle reflects the opportunity cost of forgoing the ability to earn a return on money if it is not invested. TVM is crucial for making informed financial decisions, including investments, loans, and savings. Key Concepts of Time Value of Money Applications of Time Value of Money Importance of TVM Conclusion The Time Value of Money is a foundational principle in finance…

Le Travenues Technology, the company behind the online travel booking platform ixigo, is poised to launch its initial public offering (IPO) next week. The IPO will be open for bidding from June 10 to June 12.

Section 233 of the Companies Act, 2013, deals with the fast track mergers and amalgamations of certain classes of companies. This provision simplifies the process for small companies and other specified categories by reducing the procedural complexities and time involved compared to the regular merger process.

In India, the Prevention of Corruption Act, 1988 (PCA), serves as a critical legal framework to address various forms of corrupt practices.

Compliance risk mitigation involves taking proactive steps to minimize the likelihood and impact of non-compliance with laws, regulations, and industry standards.

In today’s complex regulatory landscape, businesses face significant challenges in navigating and adhering to a multitude of laws, regulations, and standards. Compliance risk management is the process of identifying, assessing, mitigating, and monitoring risks associated with non-compliance with laws and regulations.