Reliance appeal

Mumbai, Jan. 10: The Securities Appellate Tribunal will hear tomorrow Reliance Industries’ (RIL) appeal against Sebi in a case related to rejection of a settlement plea filed by the corporate major. RIL had sought to settle certain investigations into alleged violation of insider trading norms in erstwhile subsidiary Reliance Petroleum, but the application to settle the matter under Sebi’s consent framework was rejected by the regulator.

NSE move

New Delhi, Jan. 10: The NSE will launch yen-denominated Nifty futures on the Osaka Securities Exchange by March next year, a move that will provide Japanese investors exposure to Indian equities.

PE investment

Mumbai, Jan. 10: Aggregate private equity (PE) investment in India last year declined 15 per cent to $8.85 billion because of “adverse sentiment”, consultancy firm PwC today said.

ICICI Securities

Mumbai, Jan. 10: ICICI Securities today launched Valid Till Cancel order, a new facility on its trading portal which allows execution of trades at defined price levels within 45 days on both the BSE and NSE.