The 3-year bonds worth $4 billion, with a coupon rate of 0.25% per annum payable semi-annually, have a maturity date of July 14, 2023
Concluding the series the author says it is time the MF industry participated in the possibilities offered by the rapid advancement in technology
Initially, Tyagi was appointed for a period of three years and was eligible for an extension of two years
Promoters to participate in rights issue of equity shares of Rs 3,650 cr; preferential allotment of Rs 1,750 cr CCDs to Canadian investor CDPQ
Four to five IPO launches are planned in the ongoing quarter. Performances of these IPOs after listing shall be a good indicator of the IPO appetite in the market
In the previous four months, cumulative investment of Rs 73,428 crore was made till the end of February, Rs 78,110 crore till March-end, Rs 81,220 crore till April-end and Rs 82,619 till May-end
Debasish Purohit, head equity capital markets at Bank of America Merrill Lynch says this year has been the toughest capital market for him in the past decade. As the markets mature globally, investors are preferring ETF over mutual funds. In an interview with Abhineet Kumar, he talks about how the investment horizons are shrinking and what it means for the markets.
Says those who gain from financial markets must make fair contribution to nation-building via taxes