Monday, October 12
Mumbai: The Securities and Exchange Board of India (Sebi) barred former IndusInd Bank chief executive Sumant Kathpalia, ex-deputy CEO Arun Khurana and three other executives from trading in the securities market over allegations of insider trading related to accounting discrepancies that they knew about more than a year before they were revealed to other shareholders and the public. The regulator also impounded a total of about ₹19.8 crore from the five individuals in recompense for notional gains made from the unpublished price sensitive information they were in possession of. Sebi conducted a suo motu preliminary examination after IndusInd Bank stock plunged on March 10 following its announcement on the accounting matter. The regulator alleged that Kathpalia and others were aware of th
India has the opportunity to become a net exporter of sustainable aviation fuel as efforts continue to decarbonise aviation globally, a top Boeing executive said on Thursday and highlighted the ample availability of feedstock, including agricultural waste, for producing the fuel. Aviation accounts for around 2-3 per cent of the global carbon emissions, and Sustainable Aviation Fuel (SAF) can help in reducing these emissions. At industry body CII's Annual Business Summit 2025 in the national capital, Boeing India and South Asia President Salil Gupte also said that 2,500 civil aircraft will be coming into India over the next 20 years. India is one of the world's fastest growing civil aviation markets and Indian airlines have placed orders for more than 1,000 aeroplanes over the past few year
Capital markets regulator Sebi has introduced a comprehensive set of reforms to strengthen risk monitoring and make the equity derivatives market safer and more transparent for investors. This comes amid rising retail participation, surging expiry-day volumes, and the growing complexity of index options."Derivatives market enables efficient price discovery, improves market liquidity and permits investors to manage risk," Sebi said in a circular.One of the key changes made is how open interest will now be measured. Instead of just counting futures and options contracts, Sebi has asked clearing corporations to use a new method called "Future Equivalent Open Interest" or FutEq OI.This uses a concept called "delta" to calculate how much exposure each option or futures contract actually carries
ISRO has said it has carried out 122 Collision Avoidance Manoeuvres (CAM) for its Earth Orbiting Satellites in the last 14 years.In its Space Situational Assessment Report, the Indian Space Research Organisation said it regularly carries out analyses to predict close approaches by other space objects to Indian space assets.In case of any critical close approach, CAMs are carried out for the operational spacecraft to mitigate the collision risk, it said.The space agency said that more than 53,000 alerts issued by the Combined Space Operations Center (CSpOC) of the US Space Command for ISRO's earth orbiting satellites were analysed using more accurate orbital data from flight dynamics.Data shows that since 2010 to 2024, 122 CAMs were conducted and the maximum 23 were carried out between 2022
