Adani Enterprises’ board has approved raising up to Rs 16,600 crore through a qualified institutional placement of shares. These shares will have a face value of Rs 1 each, and the fund raising will be done through one or more tranches, the company notified exchanges on Tuesday. On Monday, the board of group firm Adani … Read more
The surge in Indian equity derivatives that’s driven up volumes to the highest in the world is spurring concern among the nation’s policymakers that the frenzy may hurt efforts to harness household savings for productive purposes. Finance Minister Nirmala Sitharaman and Chief Economic Advisor V. Anantha Nageswaran sounded caution in recent days about growing retail … Read more
The U.S. market for one of the riskiest types of corporate debt is resurging this year, as companies cater to investor demand for assets that can lock in high yields for several years ahead of an expected decline in interest rates. Holders of these bonds, called junior subordinated debt, are among the last to be … Read more
Mumbai: Indian equity benchmarks tumbled nearly 1.5% on Wednesday, defying Wall Street’s overnight gains, as investors spooked by the recent freefall in small-cap and mid-cap stocks rushed to offload riskier holdings. Brokers pushed traders to liquidate bets in smaller shares bought on loans following the capital market regulator’s recent warnings of ‘froth’ and ‘bubble’ in … Read more
Capital markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business. In its consultation paper, the regulator suggested exempting category I university funds and university-related endowments FPI that meet specific criteria from enhanced disclosure requirements. Additionally, it proposed … Read more
Sebi Whole Time Member Kamlesh Chandra Varshney on Saturday cautioned against manipulations in the capital market and urged brokers to keep an eye and prevent such instances. Clamping down on misdoings, the markets watchdog has been taking action against various entities for manipulations, including front running activities. Emphasising the importance of investor trust, Varshney said … Read more
Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front. In contrast, they are bullish on the debt market and injected … Read more
Mumbai: The capital market regulator has put on hold pending applications by foreign portfolio investors (FPIs) for exemption from granular disclosures. The decision, driven by a few considerations, was communicated by the Securities & Exchange Board of India (SEBI) in a January 24 email to the fund custodians – banks and institutions who keep custody … Read more
Home Business Budget 2024: Centre Says It’s Willing To Discuss Every Issue; Here’s What To Expect Union Finance Minister Nirmala Sitharaman will present the Interim Budget 2024 on February 1st. Finance Minister Nirmala Sitharaman Interim Budget 2024: On the eve of the presentation of the Interim Budget 2024, the central government has said that it’s … Read more
Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Group, says “the capital market was extremely strong over October and November. September was very good. October was somewhat weaker. November picked up, but December was out of the charts and January is even better than December. So, momentum is picking up, as we come closer to budget … Read more