
Jane Street Trading Investigation Closed by India's NSE
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.
India's largest stock exchange has closed an investigation into irregular trades by Jane Street Group, one of the most active foreign players in the country's derivatives markets, according to people familiar with the matter.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
31 minutes ago
- Bloomberg
Hong Kong Bets the Future on a Vast Tech Zone by China's Border
Markets Magazine Northern Metropolis could align the city even more with the mainland, at a time when its finance and property sectors are faltering. In a village on Hong Kong's outskirts, Wong Chin Ming inspects zucchini, watermelons, cherry tomatoes and kale growing in his greenhouses. For 19 years he's been raising crops here on the site of what was once a factory. Soon his farm will be wiped off the map to make way for a massive development, which China hopes will be Hong Kong's answer to Silicon Valley. The government is setting aside 300 square kilometers (116 square miles) for the project, an area more than twice the size of San Francisco. It's called ' Northern Metropolis,' yet, for now, it's anything but. Hong Kong's hinterland is a hodgepodge of sleepy hamlets, apartment blocks and stray dogs. Rusty fences surround warehouses, abandoned cars lie in bushes, and scores of cabins built to quarantine patients during the Covid-19 pandemic sit empty. Northern Metropolis won't grow organically over decades like California's storied tech hub near Stanford University or the glittering skyscrapers of Hong Kong, where companies and citizens had enjoyed greater autonomy from Chinese Communist Party rule before the government cracked down in 2020.


Forbes
42 minutes ago
- Forbes
Forbes' 2025 Global 2000 List: India - The World's Largest Companies Ranked
Seventy Indian companies made it onto the 2025 Global 2000. More than a third of them are from the financial services sector spanning banks, insurance companies and consumer lenders. India's most profitable private sector bank, HDFC Bank, moved up 12 spots to No. 53 on the global list. It took over the No. 2 position in India from state-run behemoth State Bank of India which stayed put at No.55 globally but slipped to the third position in the country. Mumbai-based conglomerate, Reliance Industries, with interests in everything from petrochemicals, oil and gas to retail and telecom, retained the top spot in the country, and moved up four ranks from No.49 to No.45 on the global list. Reliance reported sales of $114 billion, up from $109 billion last year, and was largely insulated from global headwinds with its revenue driven mostly by domestic demand. The Global 2000 ranks the largest companies in the world using four metrics: sales, profits, asset and market value. As a group, the 70 companies from India account for $1.3 trillion in sales, $126 billion in profits, $5.5 trillion in assets and $2.3 trillion in market value. We used the latest 12 months of financial data available to us as of April 25, 2015 to calculate the factors used in our rankings.


Bloomberg
42 minutes ago
- Bloomberg
Stock Movers: Oracle, Boeing, GameStop
On this edition of Stock Movers: - Oracle (ORCL) shares soared to a record high after the software maker projected a 70% gain in cloud infrastructure sales this fiscal year, giving a bullish outlook for the closely watched business. The company, long known for its database software, has been gaining traction in its effort to become a major player in the business of cloud computing — renting out computing power and storage — by targeting clients focused on artificial intelligence work. Earlier this year, it announced a joint venture dubbed Stargate to provide OpenAI with massive sums of computing power. - Boeing (BA) shares slump after an Air India flight bound for London crashed Thursday, killing all but one of the 242 people on board the Boeing Co. Dreamliner in the deadliest aviation accident in more than a decade. The airline confirmed that 241 of those on the London-bound flight had died. The sole survivor is being treated in a hospital, the carrier said. - GameStop (GME) shares tumble after the video game retailer announced plans for a $1.75 billion convertible notes offering to potentially fund its new bitcoin purchase strategy. The company also said they will focus on on growing its trading card business.