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SEBI’s instant settlement plan faces foreign investor pushback -sources

Oct 27 (Reuters) – SEBI’s plan to allow the settlement of equity market trades within the same day is facing pushback from offshore investors who fear it will lead to a fragmented system and add to the cost of trading, said two people with direct knowledge of the matter. The concerns were raised in a meeting earlier this month, the people told Reuters, and have not been previously reported. India transitioned to T+1 settlement, where trades are settled within a day, in January. The Securities and Exchange Board of India (SEBI) now plans to allow instant settlement by October next

Air India announces senior level appointments; appoints Klaus Goersch as chief operations officer

Mumbai, Oct 27 (PTI) Air India on Friday announced the appointment of Klaus Goersch as the Executive Vice President and Chief Operations Officer, as well as various other senior level appointments. In the newly-created position at the airline, Goersch will oversee flight operations, engineering, ground operations, Integrated Operations Control and cabin crew functions. Air India said incumbent chief of operations R S Sandhu will transition to an advisory role. In a release, Air India said Goersch’s role includes focus on the harmonisation of the four Tata airlines’ operating procedures, the Airbus A350 entry-into-service programme and assisting the team establishing the

How eggs of dengue-carrying mosquito survive found

New Delhi, Oct 27 (PTI) Eggs of the mosquito that carries the viruses responsible for dengue and Chikungunya can survive extreme dehydration by altering their metabolism, according to a study that offers potential new ways to control the spread of the diseases. Researchers at the Institute for Stem Cell Science and Regenerative Medicine in Bengaluru and the Indian Institute of Technology, Mandi noted that cells are made mostly of water, and desiccation is a potentially fatal event for any organism, since the structures of many proteins and other cellular molecules are dependent on adequate hydration. While many types of microbes

What foods are good for diabetes?

New Delhi, Oct 27 (Diabetes UK) We know that everyone’s experience of diabetes is different. Whether you’re living with diabetes or care for a loved one who does, we’re here for you. It is still important to make healthier food choices. Research tells us that there are even certain foods that are linked to reducing the risk of type 2 diabetes. Here are our top tips for healthier food choices you can make, to reduce your risk of type 2 diabetes. Eating with diabetes If you, or someone in your family, has type 1, type 2 or another type of diabetes, you’ll know

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