BSE follows NSE, to replace badla with ALBM clone
After criticising the NSE's Automated Lending and Borrowing Mechanism since its introduction last year, the BSE has now decided to launch a similar system on the BSE replacing its badla system -- or the modified carry forward system.



Global markets shoot up as US Fed cuts key rates
World markets roared back on Thursday after the US Federal Reserve unexpectedly cut a key interest rate by half a percentage point to keep the world's largest economy from slowing too much.



Tata stake in Tisco goes above 26%
With hostile takeovers becoming the order of the day, the Tata group companies have hiked their stake in Tata Steel to exceed the critical 26% level.



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