NSE and BSE clarified that reports about 1,010 stocks being removed as collateral for Margin Trading Facility (MTF) are incorrect. No SEBI circular or large-scale changes to MTF-eligible securities were issued recently. MTF remains available for Group I securities, with the list updated monthly. Lending under MTF hit a record ₹80,500 crore in October.
Ola Electric is restructuring, impacting over 500 employees, to improve margins and work toward profitability. This follows past layoffs, including 1,000 employees in 2022, as the company shifted focus to its EV business.
At COP29, India highlighted the massive financial burden it faces for climate actions despite being a minimal contributor to global emissions. India urged developed nations to lead in emissions reduction, provide financial and technological support, and ensure equitable carbon space for developing countries. It also showcased its progress on climate targets and renewable energy initiatives.