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The Reserve Bank has ordered ASX to “redouble its efforts” to improve its corporate governance and risk management culture after the company botched the upgrade of the equity market’s post-trading systems last year.

Multibagger stock: Balu Forge Industries shares are one of those small-cap stocks on Dalal Street that has delivered stellar return to its shareholders in recent times. This BSE listed stock has surged from around ₹66.50 to ₹220 apiece levels, delivering 250 per cent return to its shareholders.

Follow our LIVE coverage on Assembly Elections 2023 here The EC on October 6 convened a meeting of general, police, and expenditure observers where Chief Election Commissioner Rajiv Kumar instructed them to ensure a comprehensive control of the influence of money power, ANI reported. The Commission, in an official statement, stated that during a briefing meeting for upcoming elections, Kumar directed observers to ensure a fair and impartial electoral process.

₹57- ₹60, media reports states. In a statement, the Bangalore Metro Rail Corporation Limited said, "BMRCL wishes to inform the public regarding the opening of passenger services on the two sections between Krishnarajapura and Baiyappanahalli, a distance of 2.10 km with one station in between at Benniganahalli and the other beyond Kengeri to Challaghatta a distance of 2.05 km with effect from October 9." The operational network of BMRCL will increase from 69.66 km to 73.81 km with 66 metro stations, it added.

Sunil Subramaniam, MD & CEO, Sundaram Mutual, says he “would tend to be underweight on external oriented sectors. This includes metals, energy and even IT to that extent. We believe that the growth story of the world is at least a couple of years away in terms of the world booming back to growth. It is going to be an extended slowdown. False alarms will keep coming. We would rather stay cautious on the side lines.” What will happen to global sectors? Metal is a bet on China. IT is a bet on the US. Manufacturing is a bet on Europe. What happens there? Globally we are not very positive on what is happening in the US GDP data and all seems to keep surprising us. But if you look at the credit cycle that is happening there, people are revolving credit like there is no tomorrow. There is a slowdown in jobs. So, we believe that a slowdown is inevitable. Now, between a hard landing and soft landing, one could have probability factors but we do not think that there is a growth story in the world yet. We believe that the world is going to go through an extended period of slowdown. Europe will suffer a little more. So, we would tend to be underweight on external oriented sectors. This includes metals, energy and even IT to that extent. We believe that the growth story of the world is at least a couple of years away in terms of the world booming back to growth. It is going to be an extended slowdown. False alarms will keep coming. We would rather stay cautious on the side lines.

China Evergrande seeks to resume trading amid probe In an announcement made in August, the EV subsidiary stated its agreement to issue 6.18 billion new shares to the Dubai-based mobility company NWTN. The total consideration for this was HK$3.89 billion ($496.72 million), indicating a subscription price of HK$0.6297 per share. According to the filing on Sunday, trading in shares of the China Evergrande New Energy Vehicle Group, which had been suspended on September 28, is set to resume on Monday - October 9.

Reliance Industries: Reliance Retail Ventures Ltd (RRVL) on Friday said that sovereign wealth fund Abu Dhabi Investment Authority (ADIA) will invest an additional ₹4,966.80 crore in the retail unit of Reliance Industries Ltd, following a 1.18% stake purchase in the company in October 2020. The fresh investment values RRVL at a pre-money equity value of ₹8.38 trillion, making it among India’s top four most valuable companies. TCS: Tata Consultancy Services Ltd informed the stock exchanges on Friday that its board will consider a proposal for a share repurchase on 11 October, when the company declares its second-quarter earnings.

The cryptocurrency market has been abuzz with the tepid performance of top crypto coins, which has prompted crypto users to start considering new altcoins. The coins that had posted disappointing results included dYdX and even Bitcoin, which settled at around $27,600. However, the performance of the newly launched InQubeta (QUBE) has taken everyone by surprise. Launched barely a few months ago, its presale funding recently shot past $3.4 million.

The death toll in Israel has reached at least 600 people, according to government numbers, with more than 100 believed to be kidnapped and more than 2,000 people injured after the Hamas militant group attacked the country by air, land and sea.

Marsh McLennan breached its own rules by failing to warn a client of Greensill Capital that it was “patently obvious” there were serious problems at an insurance agency linked to IAG, courts have been told.

We’ve all been chewing over Rupert Murdoch’s retirement announcement two weeks ago, watching on as business figures laud the 92-year-old for stepping back while at the top – or at least near the top. Even fellow media mogul Kerry Stokes gave us quotes saying Rupert was “one of Australia’s great business success stories”.

NEW DELHI : Bankruptcy and audit regulators are tightening their supervision of the distressed asset and audit markets as two bills proposing amendments to the Insolvency and Bankruptcy Code and the Companies Act make their way through ministries. The Insolvency and Bankruptcy Board of India (IBBI) and audit regulator National Financial Reporting Authority (NFRA) are moving ahead, issuing clarifications, while the two bills come under rigorous inter-ministerial discussions, according to a person informed about the development.

₹16,180 crore. The heist was carried out over a period of time and from different bank accounts, the Thane Police said on Sunday. An official from the Naupada police station said the fraud had been carried out for a long time.

Indian tourists stranded in the country to facilitate their exit. Most tourists are travelling in groups. Apart from the tourists, some businessmen are also said to have got caught up in Israel and are looking to be evacuated.

Also Read: Sigachi Industries, others to trade ex-split, ex-bonus next week; check full list The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE. ‘’It is hereby informed that all clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions.

Gaza in which Hamas fighters, armed with rockets, broke through Israel's security barrier, and rampaged through nearby communities. The war wherein Israeli forces are battling Hamas fighters in the streets of southern Israel, entered a second day on Sunday, even as the death toll mounted to over 300.

Nushrratt Bharuccha, who got stranded in Israel amidst the escalating Israel-Palestine conflict, is reportedly on her way to India. In an interview with NDTV, her team informed that the ‘Sony Ke Titu Ki Sweety’ star is on a flight back to India. The team, who earlier lost contact with the actress, managed to get in touch with her, with the help of the Embassy. “We did not get a direct flight so she is on a connecting flight home. For her further safety, more details cannot be shared but as soon as she lands in India, we will inform you. We are relieved and thank god that she is safe and on her way to India,” a team member told the news portal. The ‘Akaash Vani’ star, who was visiting Israel to participate in the Haifa Film Festival for the screening of her movie ‘Akelli’, was stranded after the festival ended on October 7. The film festival began on September 28. The movie also stars two Israeli stars Tsahi Halevi and Amir Boutrous, who also featured in the popular web series ‘Fauda’. The actress reportedly took shelter inside a basement.

payment gateway service provider company's account and siphoned off funds worth over Rs 16,180 crore from different bank accounts over a period of time, the Thane police said. The fraud was taking place since long and came to light following a complaint lodged with Srinagar police station in Maharashtra's Thane city of hacking of the payment gateway account of the company here in April 2023 and Rs 25 crore being siphoned off, an official from Naupada police station said.

Nushrratt Bharuccha, who was stranded in Israel following the attack on the country by Hamas militants, is «safe» and on her way to India, her publicist on Sunday. The actor was in Israel to to attend Haifa International Film Festival. «We have finally managed to get in touch with Nushrratt and with the help of the Embassy, she is being safely brought back home.

Key Takeaways

A Federal Court justice is expected to rule shortly on whether Optus can claim “legal professional privilege” to stop a report by Deloitte on its 2022 cyberattack from being released as class action lawyers try to get hold of more documents.