SEBI came out with fresh guidelines wherein execution of a new document will be made compulsory for transfer of securities towards deliveries and settlements. The guidelines, which will be effective from July 1, also comes against the backdrop of instances of misuse of PoAs. The use of DDPI will be limited only for two purposes -: Forst Purpose is for the transfer of securities held in the beneficial owner account of the client towards stock exchange related deliveries or settlement obligations arising out of trades executed by such a client. Second Purpose is for pledging/re-pledging of securities in favour of the Trading Member(TM)/Clearing Member (CM) for the purpose of meeting margin requirements of the client.
“AgLive 2023: The Millet Challenge”, a Pitch session for Millets based Startups was orgainsed in?
_________and Microsoft, has expanded their strategic partnership to help enterprises leverage generative artificial intelligence (AI) and develop joint ...
Which country won the Uber Cup 2021?
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1. RBI Governor Shak...
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In the context of the Indian economy, the Reserve Bank of India's report indicating a narrowed current account deficit in Q3 FY24 primarily reflects wha...
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Which organization did Google consult with to bring the Android Earthquake Alerts System to India?
A Famous personality Pandit Sukh Ram recently died. He was a ____?
