Investor

Credit Suisse shareholders upbraided failures as chairman apologises

Credit Suisse shareholders on Tuesday upbraided the Swiss bank's leaders for years of mismanagement, scandal and obfuscation that sent its stock price into the gutter, while executives apologised and insisted that the only way forward for the once-venerable lender was a government-engineered takeover by rival UBS. A largely polite if at times boisterous, emotional, angry and even humorous mood pervaded at the first in-person shareholder meeting in four years and likely the last in the bank's 167-year history: Credit Suisse is set to be swallowed by its crosstown competitor in the coming months in a deal that was forced through without a shareholder vote. Despite speech after speech airing concerns ranging from Switzerland's role in global finance to environmental impact to wiped-out pension savings, shareholders narrowly approved a compensation plan for last year that will pay out millions to executives and board members. Investors also reelected board members who will shepherd th

Startup founders find it difficult to raise funds, investors step back

Only four startups in India's fintech sector received unicorn status in 2022, far lower compared to 13 new Unicorns in 2021

KFintech buys 25.6% stake in account aggregator MoneyOne's parent

Shares of KFintech closed 0.95 per cent higher on Friday

Investors excited about investing in Madhya Pradesh, says CM Chouhan

Chief Minister Shivraj Singh Chouhan on Thursday said that the investors are excited and keen about investing in Madhya Pradesh

We Founder Circle became India's largest angel investor network in 2022

The platform became one of the fastest-growing angel network communities and has already facilitated funds worth over Rs 100 crore across 53 startups with 71 deals, it said in a statement

Top IPOs to watch out for in 2023

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Sebi proposes major changes in investor grievance redressal mechanism

Along with making the process completely online, Sebi has suggested measures for reducing cost

Indian-origin investor takes legal action after losing $2 mn in FTX crash

An Indian-origin entrepreneur, who lost $2 million after FTX went kaput last month, is taking legal action against the cryptocurrency exchange's founder, according to a report

Sensex, Nifty snap eight-day winning streak ahead of US jobs data

Both shed 0.6% but end in green for second straight week; Broader markets play catch-up

Keystone Realtors' IPO gets tepid response, oversubscribed 2x

Retail portion just half covered; institutional investor and HNI portions subscribed 3.8x and 3x, respectively

Edelweiss to slash wholesale loan book to Rs 2,900 crore in 2 years

In a filing with BSE, the company said improved macro environment and sell-down capabilities were driving faster book reduction

Private bets shield big investors from inflation, spiraling interest rates

The big question now looming over giants from China's $1.2 trillion sovereign wealth fund to California's public pension, the largest in the US, is how long those private bets will remain insulated

Fixed investment tenor of 10 years under guaranteed return scheme: PFRDA

Only those investors who remain invested for 10 years will get a guaranteed return and if the actual return falls below the assured amount, pension fund managers shall bridge the gap

Govt starts works on sale of 4 Air India subsidiaries it retained

Ground-handling arm would be monetised first; investor roadshows for all companies organised

Rakesh Jhunjhunwala was idol of common investors, say Mumbaikars

Mumbaikars expressed shock over the passing away of ace investor Rakesh Jhunjhunwala, often referred to as India's Warren Buffet, with some describing him as an idol for the common investor

Investor sentiment in doldrums, growth optimism hits record low: BofA study

Survey shows while inflation is seen falling, mood is stagflationary; recession expectations highest since May 2020; global growth and profits at all-time lows, cash levels highest since 9/11 attacks

Biggest market jump in a month adds Rs 3.4 trillion to investor wealth

1.4% jump comes on the back of easing recession fears, China policy support

World stocks skid as interest rate hike bets keep investors cautious

WASHINGTON (Reuters) - Global equity markets and oil slipped and the safe-haven dollar rose after the latest red-hot U.S. inflation reading heightened investor fears about Federal Reserve interest rate hikes and a possible recession.

SoftBank to bet on smaller ticket size for the second Vision Fund

The two funds together have invested over $11-12 billion in the country. Together with Softbank's direct investment, this goes up to $14 billion

Returns on small savings remain attractive despite no rate reviews

Investors who want to avoid their long lock-in can choose from a host of other high credit quality options