Now investors are cautiously pulling back despite the overnight pledge from US authorities to rescue the US lender that sits at the heart of Silicon Valley's venture capital ecosystem
It was difficult to bring investment in Uttar Pradesh before 2017 but now the safety of investors and their capital is guaranteed in Uttar Pradesh, Chief Minister Yogi Adityanath said in Gorakhpur on Sunday. Addressing the inauguration ceremony of an integrated steel plant of Ankur Udyog in Gorakhpur, the chief minister said, "Investment proposals worth Rs 33.50 lakh crore received in the Global Investors Summit are proof of the transformed atmosphere in UP." "It is also indicative of the fact that today the state is moving forward on the right track and is ready to become the largest economy of the country." "Prior to 2017 (in SP regime) it was difficult to get investment for due to bad law and order. Now the safety of investors and their capital is guaranteed in UP," he said. "It depends on our thinking and methodology on how we want to build our future. When there is an atmosphere of security, there is no discrimination against anyone, there is a solidarity of the forces of ...
A publicly available transparent database would increase the chances of genuine claimants finding out and making their claims, thus reducing the chances of fraudulent claims
At the close of business on March 9, the bank had a negative cash balance of $958 million, according to an order taking possession of the bank filed Friday by California's bank regulator
Passive trackers likely to sell 67 mn shares; another 1.35 bn could be offloaded by individual investors
GQG Partners bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout
Investors are starting to realise that new-age companies are a completely different animal
But a closer look at billionaire Gautam Adani's empire shows that while fears of a debt blowup in the next three years have receded, investors still have doubts
A high-powered Sebi committee on Monday asked investors in illegal schemes of PACL group, with claims of up to Rs 17,000, to produce original documents by March 20 for receiving refunds. The panel has asked only those investors, whose applications have been successfully verified, to submit their original certificates. The committee, headed by former Chief Justice of India RM Lodha, is overseeing the process of disposing of properties to refund investors after verifying their genuineness. It has already initiated the process of refund in phases. The panel was set up by Sebi in 2016 following a Supreme Court order. The committee has decided to call for original PACL registration certificates from eligible investors with claims between Rs 15,001 and Rs 17,000, whose applications have been successfully verified, according to a statement published on Sebi's website on Monday. Accordingly, intimation through SMS will be sent to all eligible investors, requiring them to submit original PA
The group is boosting outreach to investors after its bonds and stock slumped following a critical report from short-seller Hindenburg Research published last month
Consider companies that can grow their market share and lower cost per tonne
Fund managers see India's main equity indexes both ending the year higher than current levels, according to a Bloomberg News survey, as strong domestic demand boosts corporate earnings
Adani Group companies said in a stock exchange filing that it faces no material refinancing risk and there is no near-term liquidity requirement
Adani has rejected the concerns in detailed rebuttals of the Hindenburg report's allegations and criticism that it had unsustainable debt
"We are confident in the continued ability of our portfolio to deliver superior returns to shareholders," Adani Group said in the emailed statement
The equity ownership of domestic investors, including institutions and high networth individuals, touched an all-time high of 24.44 per cent in December quarter, making it the fifth consecutive quarterly increase. Retail investors' ownership in the market stood at 7.23 per cent in December 2022, marginally down from 7.34 per cent in September 2022. But in rupee terms, the same increased to Rs 19.94 lakh crore from Rs 19.48 lakh crore in the previous quarter, registering an increase of 2.35 per cent. In September 2022, the share was 24.25 per cent, according to data collated by market information major Prime Database, based on the shareholding patterns of 1,832 of the total 1,857 companies on NSE for the quarter to December 2022. According to Pranav Haldea, managing director of Prime Database Group, this was the fifth consecutive quarter of increase from 22.37 per cent in September quarter 2021 and showcases the rising dominance of domestic investors. Net inflows from domestic ...
Union Minister for Tourism G Kishan Reddy on Friday asked investors to contribute heartily for the development of Uttar Pradesh which has "big ambitions" and is also taking "big actions." Uttar Pradesh has transformed itself into 'Uttam State' for investments under the visionary leadership of Chief Minister Yogi Adityanath, he said. "I urge all the investors to contribute immensely for the development of the state having 'big ambitions' that is also taking 'big actions'," Reddy said while participating in a session on tourism during the Global Investors Summit. Uttar Pradesh has eight per cent contribution in the country's economy, so investors should come forward to invest here with an open heart, and the state government will provide them security and cooperation at every level, Reddy was quoted as saying in an official release. "With this confidence that UP will be the best state for investment in the world in the coming days, I salute the commitment and efforts of the UP ...
Opposition parties have protested in parliament to call for an independent probe into Hindenburg's allegations
India's largest private sector ports operator, which reported an earnings miss in the latest quarterly earnings, also said it would roughly halve its capital expenditure next financial year
"A monetary policy meeting this week and some important October-December 2022-23 results may influence the near-term direction of markets"