New York Stock Exchange, along with a group of global investment banks, including Goldman Sachs, are together picking up over 20 per cent stake in the country's leading stock exchange, the National Stock Exchange.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
'The real significance of the visit lies in the extent of the receptivity in Myanmar of the account of Chinese perfidy given by India's military and civilian top brass and how they assess the danger to themselves of dancing with the dragon,' notes Ambassador T P Sreenivasan.
Girish Nadkarni of IL&FS Investsmart discusses the new IPOs that came out this week. He says that Atlanta and ACE are the better investment bets currently in the market. However, the investor interest is not very high in Deep Industries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.
The auditors also said that the company is in the process of monetising its assets and has submitted a draft resolution plan to the consortium of bankers for restructuring its borrowings and also there have been discussions for stake sale by the promoters to a strategic partner with further equity infusion.
In a major deal in the FMCG sector, Godrej Beverages and Foods Ltd is all set to acquire Chittoor-based Nutrine Confectionery Company Ltd for around Rs 270 crore (Rs 2.7 billion).
The domestic deal-making activities were hit by weak corporate governance and a huge liquidity crunch in 2019, while the global deals were also hard to come by due to various factors including uncertainties caused by the US-China trade war, which left many investors in a wait-and-watch mode.
The CII delegation includes many eminent names.
Tech Mahindra listed at Rs 525 on BSE against an issue price of Rs 365. What should investors do with the stock and what are the concerns going forward?
According to official sources, the 20-minute one-on-one meeting was held on a request of Swaraj. However, offices of both Singh and Swaraj did not comment on the issues discussed between the two.
The markets hitting the lower circuit on Monday has come as a boon to investors to grab shares, say analysts.
'For the same level of return, you can reduce portfolio volatility significantly with a 10% to 15% exposure to international funds.'
India, the FS said, expects Pakistan to dismantle all terror camps, including those of the JeM
Swarup said India looks forward to the prompt and decisive action promised by Pakistan Prime Minister Nawaz Sharif to his counterpart Narendra Modi.
Of BSE 500 companies, promoters of 142 companies have pledged their holding.
Seven months after cancelling talks, Foreign Secretary S Jaishankar arrived in Islamabad on Tuesday.
An initial reading of the guidelines indicates two factors - potential rise in borrowing cost and lower returns on investment book - could hit the spread of NBFCs.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
'China's investment destination image the world over has taken a beating, therefore investors feel India is a safe haven for investments.' 'FDI is at an all-time high in India.' 'Now after such poor ratings, this FDI amount will fall.' 'Therefore, I am saying these things are happening at China's behest.'
In April, the inflows into equity schemes dropped 60% compared to the previous month to Rs 4,608 crore, the lowest since Sept 2016.
Indraprastha Gas on Tuesday said it has obtained the approval of FIPB for transfer of equity shares to non-resident Indians, foreign institutional investors and foreign venture capital funds in its proposed initial public offer.
Prices in Bengaluru, the National Capital Region, Hyderabad and Ahmedabad, however, witnessed an uptick during the period.
The Pakistan high commission has invited Kashmiri separatist leaders for consultations with Sartaj Aziz ahead of the National Security Advisor-level talks with India in New Delhi next week.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
