Uncertainty lingers in the minds of retail investors due to scams.
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
Looking to raise funds to ensure release of its chief Subrata Roy from jail, Sahara has sold a big land parcel at the outskirts of the national capital for Rs 1,211 crore to Gurgaon-based developer M3M India Ltd.
Such platforms are good for novices, and help seasoned players test their investment strategies
The Street is never short of hope and events to look forward to
The move will help increase participation of retail investors, providing momentum to the primary market.
Ramkrishna's exit comes at a time when NSE has been in focus over a new regulatory framework for high frequency trades and co-location facilities, which some believe give undue advantage to some brokers and traders
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
Making a weak opening, shares of FTIL further tanked 45 per cent to Rs 105.5 -- its fresh 52-week low on the BSE.
The tribunal posted the matter for further hearing in December, when it will decide whether to admit the pleas of the Raju brothers and others against Sebi order.
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Trading activities of 26 entities, including Gitanjali Gems promoter Mehul Choksi and firms linked to Prime Broking, were suspended on Thursday by market regulator Sebi and the bourses, as part of a probe into suspected market manipulations.
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
SC refuses to extend the deadline for Sahara to deposit Rs 600 crore
C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.
Finance Minister Arun Jaitley, in the Budget for 2015-16, is likely to target around Rs 43,000 crore (Rs 430 billion) from divestment proceeds, almost the same level that the government expects to realise from stake sale in PSUs this fiscal.
The deal had separately come under scanner of the market regulator Sebi for alleged insider trading violations and the present 'no-objection' from the exchanges.
Helped by the Offer for Sale route, a whopping Rs 45,300 core was mobilised through public equity markets in 2013, a growth of 25 per cent over last year.
Finance firms in these SEZs likely to get tax breaks.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
Rumours about a spike in taxes for equity investors are flying thick and fast.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
The Corporate Affairs Ministry's latest move comes in the backdrop of instances of private entities using the word 'National' in their names, including the case of National Spot Exchange Ltd, which is embroiled in a major payment crisis.
Budget may bring exemption for those backed by Indian securities other than shares
The Supreme Court on Wednesday said that the money likely to be arranged by Sahara Group from overseas to raise Rs 10,000 crore (Rs 100 billion) for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by RBI.
More than 1,000 independent directors have quit since January 2017; more could be on their way out
This is one of the rare orders by Sebi where it has barred a bluechip firm and its top promoter/executives.
REITs, a new investment avenue in India on the lines of one in developed markets like the US, UK, Japan.
After every corporate announcement, check your demat and bank accounts for necessary credits.
In September, Sebi had given a six-month extension to companies.
Exemption from minimum alternate tax for REITs & infrastructure investment trusts; Depository receipts on all securities eligible for tax benefit
Besides, a sharp 8% decline in Chinese stocks added to the sell-off in domestic equities
The Reserve Bank of India (RBI) allowing the use of put options in investment agreements has brought needed clarity but it has come with strict restrictions. These could impact investors looking for a minimum rate of return, experts say.
A mechanism on whistle blowing is mandated from October and third-party entities managing such services give staffers far more confidence to blow the lid on wrongdoing.
Rupee logs longest winning streak since 2012; up 19 paise.
Underscoring the need to boost the start-up ecosystem, the Reserve Bank on Tuesday said it will simplify rules and regulations which impede their growth and ensure that an entrepreneur does not have to run from "pillar to post" to start a business.
A bench headed by Justice T S Thakur asked Delhi government to issue notification by August 4 for converting the conference room into jail which can be used by Roy and two jailed directors of Sahara for 10 working days from 06:00 AM to 08:00 PM for holding negotiations with prospective buyers of hotels in New York and London.
The tax filing season is here, and mutual funds have launched tax-saving products.
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
The company will finalise the final pricing for allotment of shares later.
