SEBI proposes mandatory UPI block mechanism facility for secondary market trading

Markets regulator SEBI on Wednesday proposed that qualified stock brokers (QSBs) mandatorily offer a facility for trading in the secondary market, using the UPI block mechanism, similar to the ASBA facility. Additionally, feedback has been sought on whether QSBs can offer a “3-in-1 trading account facility” as an alternative to making the ASBA-like facility mandatory,…

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AXISCADES subsidiary delivers advanced mobile command vehicle to Gujarat Police 

AXISCADES Technologies Limited’s subsidiary, Mistral Solutions Pvt. Ltd., has successfully delivered and commissioned a Mobile Communication Office Vehicle (MCOV) for the Gujarat State Police. The announcement was made today, highlighting the vehicle’s role in enhancing disaster management capabilities. The shares of AXISCADES Technologies Limited were trading at ₹660.10 up by ₹13.90 or 2.15 per cent…

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Tanla launches anti-scam SMS module in response to TRAI directive 

Tanla Platforms Limited, a leading Communications Platform as a Service (CPaaS) provider in India, unveiled Registration.ai today. This new module, part of Tanla’s Trubloq platform, aims to combat SMS scams by implementing URL and callback number whitelisting. The launch aligns with the Telecom Regulatory Authority of India’s (TRAI) recent directive dated August 20, 2024, to…

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