India is once again in the vanguard of digital reporting, as its principal stock exchanges enable XBRL filing of the new Business Responsibility and Sustainability Report (BRSR) via online portals.
In the latest example of India’s ongoing embrace of XBRL, the BSE (formerly Bombay Stock Exchange) and the National Stock Exchange of India (NSE) have issued circulars requiring listed companies to file information on investor grievances in XBRL.
XBRL implementation just expanded in India, with all listed debt issuers now required to submit compliance filings in XBRL.
Bombay Stock Exchange (BSE) adopted the XBRL standard for all Annual Report filings on 18 February, making company data digital and searchable. Bloomberg announced this week that it has on-boarded XBRL data from the BSE, giving a boost to business analysis on Indian BSE listed equities.
On Monday 18 February Mumbai’s Stock Exchange (BSE) announced that for the financial year ending 31 March 2019 listed companies must file their Annual Reports in XBRL format.
Mumbai’s stock exchange, the BSE, has extended mandatory XBRL filing to listed insurance companies. On 8 February BSE launched an XBRL taxonomy to enable listed insurance companies to join all other listed entities in filing their financial reports in XBRL format. The BSE also offers an Excel utility with built-in validation to help smaller insurance […]
Standardised reporting can be beneficial not just for the submission of information to a given institution but can also be pivotal in the seamless transfer of data between financial market authorities. This is exactly what is now taking place in India. In order to enable easier filings and to make reporting by listed entities to […]
India’s largest exchange, the BSE (formerly the Bombay Stock Exchange) continues to shift from legacy formats to XBRL. Starting from July 1, 2017, all listed entities with the BSE will be required to make their reconciliation of share capital audit report in XBRL format. The Exchange provides an Excel utility to assist, but can also […]
India’s largest stock exchange has moved to require Earnings Releases in XBRL format. Provision of earnings data in structured, consumable and comparable form is exactly what analysts and investors need.