A representative of a large FII having a huge share in the issue of P-notes said that these relaxations are "no big deal". The 40 per cent limit on investments through P-notes was not a hurdle as selling by FIIs in the last three quarters have been so huge that most of them have enough leg room for issuing fresh P-notes.
With most Adani Group shares locked in lower-circuit in early morning trade based on news that accounts of three foreign portfolio investors, heavily invested into group companies, were frozen by the National Security Depository Limited, market experts advise caution that investors should not jump in now to buy at lower levels.
The Securities and Exchange Board of India (Sebi) is considering a proposal to allow funds, which are not managed by foreign institutional investors (FIIs) to get themselves registered as FIIs' sub-accounts with the Indian regulator.
On October 16, Sebi proposed to ban derivatives-based participatory notes in 18 months and put curbs on such instruments based on Foreign Institutional Investors' assets under management. Its board would meet on October 25 to take a decision on its proposals, which is expected to be made into regulations.
A look at few gurus who have attracted controversy in recent times.
Sebi will be taking a number of measures to develop a derivatives market of commodities.
Also says PSU banks divestment to be considered after improvement in governance
This route accounts for Rs 2.75 lakh crore of FPI holdings.
Of the 59 IPOs for which the data is available, 36 IPOs received mega responses of more than 10x (of which, six IPOs more than 100x), while eight IPOs were oversubscribed more than 3x.
Kochhar has been issued a showcause notice by the regulator for alleged violation of the code of conduct.
Although this may not be music to Raghuram Rajan and Viral Acharya's ears, the real reason in my estimation for their quitting is expatriate over-sensitivity, intolerance or arrogance, argues B S Raghavan, the distinguished civil servant.
According to sector officials and watchers, the funding (among the largest so far in the segment) from its existing investors -- Naspers, Accel Partners, Tiger Global and Iconiq Capital -- might be a sign of confidence they have in the company but it's still unsure if it will be enough for Flipkart to turn a corner and become profitable.
Xi does not want to risk any political or economic crisis complicating his bid to remain in office, observes Ambassador Shyam Saran, the former foreign secretary.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
'Make every trip feel like an escape' says the Uber website. Ironically, it remains to be seen how the company can get away from this controversy.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
DIAL has filed four cases against Mallya over KFA's cheques totalling Rs 7.5 crore not being honoured.
The listing would help the company expand.
While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.
The GIFT City management is in talks with Hong Kong, London, and Singapore arbitration centres
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.
'It could tempt investors to pick stocks that are not fundamentally sound.'
On the occasion of the National Stock Exchange's (NSE's) silver jubilee celebration, its MD and CEO Vikram Limaye, bottom, left, spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues.
The government is determined to stop generation of black money, he said.
'India's economic fundamentals are much too strong to be affected by his resignation,' says B S Raghavan.
A weak economy coupled with rising Covid-19 cases and inflation that is above RBI's comfort zone, geopolitical developments, and upcoming India Inc's second quarter results for FY21 could impact sentiment, analysts say.
The bank is expected to report a pre-tax profit of $21 bn.
A look at few gurus who have attracted controversy in recent times.
The company has pointed at the possibility of fines and financial penalties.
Elaborating on this theme, Petroleum Minister Dharmendra Pradhan pointed out that if the power sector had not been opened up through reforms initiated in 2003, India would still have been in darkness.
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
The threshold for identification of BOs of FPIs on controlling ownership interest is 25 per cent in case of companies and 15 per cent in case of partnership firms
Experts tell Tinesh Bhasin how to pick one to save money as well as some troubles later
Regulator believes Jet Airways deal triggers open offer
The number of issues were the lowest since FY15, compared to 45 in FY18.
The finance ministry has put out a revised draft in public domain.
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.