Reit as an investment vehicle has a huge opportunity as the country has a rent-yielding office inventory of 537 million square feet valued in excess of $70 billion.
A total of 25 companies raised Rs 28,220 crore during the financial year.
With a new higher tax regime coming into effect from the new financial year, top corporates and wealthy investors are in a rush to restructure their shareholding.
Retention of Murthy within the promoter group was crucial for Infosys as the company believed the promoters' relationship would help the company in difficult times.
The total value of holdings of domestic institutional investors as a percentage of the value of FII holdings has reached its highest level in four years.
The Indian diaspora remain bullish despite single-digit equity market returns since May 2014, says Pavan Burugula.
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
CBDT circular issued last month had raised multiple taxation concerns.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.
Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered double-digit rise
Insurer likely to support Ratan Tata; reduction in stake might have been profit booking.
Some of the sops being offered to rope in new clients and retain the existing ones are cashbacks, reduced fee, and customised consultancy for clients.
Some overseas investors refuse to be part of roadshows, citing environment risks
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300