The size, activity, and influence of these people have become so large that Sebi's onerous regulations for registered advisors look hopelessly ineffective, and those who follow them feel like losers
This is the fourth straight day that the stock has hit the upper circuit, BSE data showed
Market volatility and lacklustre 1-yr returns weigh on activity
The sweeping proposals are part of a consultation paper floated by Sebi on which comments from the stakeholders have been sought till December 1
New clause to help issuers gauge institutional investor demand
Inflation data, global trends and foreign fund trading activity are the major factors that would drive the domestic equity market this week, said analysts. The last batch of the ongoing quarterly earnings would also influence trading, they added. Unabated foreign fund inflows and a rally in global equities drove the equity benchmarks higher on Friday. The 30-share BSE benchmark Sensex on Friday zoomed 1,181.34 points or 1.95 per cent to settle at 61,795.04 -- surpassing its previous closing peak of 61,765.59 hit on October 18, 2021. "The sentiment will continue to be driven by the movement of the world markets. The market will be keeping an eye on our domestic inflation statistics," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. Ajit Mishra, VP - Research, Religare Broking Ltd, said, participants will be eyeing crucial macroeconomic data -- CPI and WPI inflation for cues. Besides, the performance of global indices and foreign flow trends will also remain on
The Munich-based private equity holding company has a portfolio of 32 companies and has a presence across Europe
The group is preparing to announce the birth of the new entity called Shriram Finance by the third week of November
The bank management and shareholders have reached compromise formulae on the issue of appointing the latter's representatives as directors on the bank's board
Malaysian carrier's India foray ends after eight years; Tatas are working to merge AirAsia India with low-cost service Air India Express
In July, SEBI notified rules for Social Stock Exchange (SSE) to provide social enterprises with an additional avenue to raise funds
However, industry experts feel that with tighter rules, brokerages will need to have higher working capital and will involve operational risk of transferring large amounts
Sony and Zee confirm development, say awaiting remaining regulatory approvals
In a bid to enable regional rural banks (RRBs) to raise resources by listing on stock exchanges, the government has issued draft guidelines that set certain basic criteria, including net worth of at least Rs 300 crore during the previous three years. They should also have capital adequacy above the regulatory minimum level of 9 per cent in each of the preceding three years. The RRBs should have a track record of profitability and earned operating profit of minimum Rs 15 crore for at least three out of the previous five years, according to the draft guidelines issued by the finance ministry recently. Besides, there should not be any accumulated loss and the lender should have given return on equity of minimum 10 per cent in three out of the preceding five years, it said. As per the draft norms, the responsibility of identifying suitable lenders for issuing initial public offering (IPO) has been left with the respective sponsor banks. The sponsor bank would take into account the ...
The fund will "invest in existing assets" of real estate companies and renovate the properties into rental housing, the lender said in a statement to the Shanghai stock exchange Friday.
Berry will continue the hold of managing director at the company, the company said in a stock exchange filing
Calling data a public infrastructure, Sebi chairperson recently spoke in favour of enforcing free accessibility
No word yet on successor to MD & CEO Girish Kousgi, who resigned on Monday
Market regulator clears the decks for setting up the bourse
Company will consider other opportunities for rehabilitation of business ops