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Markets regulator Sebi is planning to constitute a working group to identify the next technological frontier for stock exchanges, Sebi chairman Tuhin Kanta Pandey said on Saturday, underlining the regulator’s focus on strengthening market infrastructure amid rapid technological change, PTI reported.The proposed group will examine how exchange technology should evolve over the next five to…

Garry Ridge had already spent two years as CEO when he realised his biggest challenge was not the business, but himself. In 1999, while leading WD-40, Ridge enrolled in a master’s programme in executive leadership at the University of San Diego, believing he needed to change to help the company grow, as per CNBC.At the…

US-listed shares of Infosys shot up as much as 40% within minutes of the market opening on Friday, briefly adding tens of billions of dollars to the Indian IT major’s market value. The sudden surge pushed the American Depositary Receipts (ADRs) to a 52-week high of $30 and forced the New York Stock Exchange to…

The World Bank has approved $700 million in fresh financing for Pakistan as part of a longer-term programme aimed at supporting macroeconomic stability and improving public service delivery.As per Reuters, the funding has been cleared under the Public Resources for Inclusive Development – Multiphase Programmatic Approach (PRID-MPA), a framework through which Pakistan could receive up…