The Securities and Exchange Board of India, SEBI, is simplifying investment processes. A Letter of Confirmation for credit of securities will no longer be required. Instead, securities will be directly credited to investors' demat accounts. This change aims to speed up the process significantly. The new system will be effective from April 2, 2026.
Futures fell on Wall Street Friday as word leaked that President Donald Trump would nominate former Federal Reserve official Kevin Warsh to be the next chair of the U.S. central bank.
NTPC posted over 8% growth in December-quarter profit on modest revenue gains and lower expenses, with sequential improvement in earnings. The state-run power major also declared a second interim dividend for FY26.
Meesho reported a 13-fold jump in Q3 losses to Rs 491 crore after its December listing, even as revenue rose 32% year-on-year, driven by aggressive user acquisition, higher advertising spends and continued investments to fuel long-term growth.
