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Sebi proposes STP overhaul to cut costs and reduce concentration risks

With a decentralised Application Programming Interface (API)-based model aimed at reducing costs, lowering latency and improving service delivery for market participants, market regulator Sebi on Tuesday proposed a major overhaul of the existing Straight-Through Processing (STP) framework seeking to replace the current centralised hub-based structure, PTI reported.In a consultation paper, Sebi proposed removing the current…

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Standard Chartered to cut 7,800 jobs across India, China and other hubs as CEO Bill Winters says ‘it’s not cost cutting, it’s…’

Standard Chartered will eliminate roughly 7,800 jobs by 2030, around 15 per cent of its corporate functions, as the Asia-focused lender leans on AI to slim down its back office. The bank employs nearly 82,000 people worldwide, and more than 52,000 of them sit in the corporate functions being targeted.CEO Bill Winters, the UK’s longest-serving…

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Arvind Kejriwal, Bhagwant Mann carried Raghav Chadha on shoulders on his wedding day with Parineeti Chopra, Priyanka Chopra’s mom was asked to delete PICS due to tight security

Parineeti Chopra and Raghav Chadha tied the knot in September 2023 and it was an intimate wedding Udaipur wedding. The wedding was conducted with tight privacy and elaborate arrangements, and now singer and Vedic priest Ankit Batra has revealed several unseen details from the grand celebration. From strict security measures to emotional wedding rituals, Ankit…

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Indian Assistant High Commission official found dead inside Chattogram mission premises in Bangladesh: Report

NEW DELHI: An official of the Indian High Commission in Chattogram was found dead inside the mission premises on Tuesday, according to a report by bdnews24.com.The deceased was identified as Narendra, 38, who was serving as an assistant protocol officer at the Indian mission. He hailed from Chandigarh in India. His body was recovered from…

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Dia Mirza didn’t have a vanity van during ‘Rehnaa Hai Terre Dil Mein’ with R Madhavan, recalls Daisy Shah who was a background dancer that time

One has seen many actors from the 80s and 90s talk about the times when there were no vanity vans and actresses faced trouble for changing their costumes or even going to the washroom. Cut to present when actors enjoy the luxury of having their personal vans and big entourages. During earlier times, actors often…

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Kamal Haasan ditches private charter for economy class flight to ‘Kalki 2898 AD’ sequel, ‘But Rajinikant always do this’ fans react

Kamal Haasan made headlines as he flew economy class to the sets of the ‘Kalki 2898 AD’ sequel, earning praise from makers Vyjayanthi Movies. The gesture came days after he wrote an open letter urging the film industry to cut production costs. The post received mixed reactions on social media. Kamal Haasan has rejoined the…

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