Stocks
BSE again faces glitch in trading

According to reports, there was technical glitch on BSE's Bolt Plus for a brief period in the morning on Wednesday which was later rectified

The BSE on Wednesday witnessed a brief trading disruption, the second time this week, after it introduced a new trading platform, Bolt Plus.

 

On Monday the bourse, introduced what it claims as one of the fastest trading platform. Bold Plus has a response time of about 200 micro seconds, BSE claims.

 

According to reports, there was technical glitch on the exchange for a brief period in the morning today and the same was rectified later.

 

On Monday also, the bourse had witnessed glitch on its new trading platform. There was a minor glitch for four minutes, when the system migrated to new platform on that day.

 

The new technology offers an order execution speed of 200 microseconds and can handle 5 lakh orders per second. This is based on T7, the global trading architecture of Deutsche Borse AG.

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BCCI seeks transcript of IPL match-fixing audio tapes

BCCI sought transcripts of the audio tapes containing the statements of Srinivasan, Dhoni and IPL COO Sundar Raman

The Board of Control for Cricket in India (BCCI) on Wednesday moved an application before the Supreme Court seeking transcripts of the audio tapes containing the statements of board President N Srinivasan and Indian captain Mahendra Singh Dhoni. This was recorded by the Mukul Mudgal Committee, which probed the allegations of IPL spot and match-fixing.

 

The plea was mentioned before a Bench headed by Justice AK Patnaik which posted the matter for hearing on 11th April.

 

In the application, BCCI has also sought the transcripts of statements by Sundar Raman, Chief Operating Officer of IPL. The application was mentioned by Senior Advocate CS Sundaram, who was appearing for BCCI.

 

The counsel told the Bench that they need the transcripts to prepare themselves for the matter which is pending before the Supreme Court.

 

Earlier, the Supreme Court had proposed the name of veteran cricketer and commentator Sunil Gavaskar to head the board during pendency of the case in the apex court.

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NCDRC Closes Its First Case

17-year-old saga comes to an end

It has become routine for litigants in India to...

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