'It really doesn't matter that investors getting allotments sell their IPO stock holdings on listing day because a new set of investors are entering.' 'This explains the continued rise in stock prices even after the first day of listing.'
'Whenever markets rally, the IPO pricing gets aligned to the prevailing market conditions.'
The insurance sector is seeking clarity on the 'Indian management control' clause.
The move will help to curb the grey market for sub-standard electronics products.
The most sought-after IPOs of 2017-2018 reap handsome gains for investors, but will IPOs this year do well after listing?
'Is the Agniveer scheme or their post-retirement re-employment in paramilitary forces or in the state governments the BJP's answer to the crying need on the job front?' 'Or, even Finance Minister Sitharaman's one-year internship scheme in the public and private sector, is it a permanent solution, either?', asks N Sathiya Moorthy.
Though multinationals bring an added advantage of quality assurance and consumer trend of upgrading towards branded products, they will have to tread carefully as the grey market is dominant.
Will Andhra Pradesh follow the Odisha model, voting differently in Lok Sabha and assembly elections? Or will Odisha follow Andhra Pradesh, voting in new faces in both?
The entertainment industy has always worried about piracy, but now it is concerned about the good quality of pirated DVD's or CD's. Now the pirated DVD/VCDs are of the highest quality rather than shot secretly in a movie hall. According to a report by US-India Business Council, the Indian media & entertainment industry worth close to $6500 mn is losing a little over $4000 mn per year due to piracy. Experts feel govt should implement some stringent laws on copyright violation.
As per the Trai recommendations, the STD service providers would be connected to ISPs through public internet for the purpose and the two service providers would have mutual agreement for the same. The move will permit calls from personal computers to fixed line and mobile phones. Currently, a voice call can travel between two computers but not from a mobile or a fixed phone.
'Manipur is critical to India's Look East policy.' 'It's a strategic state. In the Second World War, the Japanese entered Manipur through Burma.' 'China can use the same direction to approach India.'
The nokia defective battery controversy having come in handy, the grey market is cashing in on the the opportunity, pushing up sales of new Chinese phones that have hit the market lately.
Greenwashing is making misleading or false environment-friendly claims about a product. Consumers in India currently do not have any way of telling whether a claim is authentic or greenwashing. And one never hears of action against any company for making false claims of being environment-friendly.
For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.
The Securities and Exchange Board of India (Sebi) is planning to reduce the time gap between opening of an issue and the listing of securities on the bourse and make the registration norms for foreign institutional investors (FIIs) more flexible.
From teenagers in New Jersey and New Delhi to a leather bag shop owner in Mumbai's Heera Panna, they've cocked a snook at Jobs, enjoying the experience and, guess what, making money as well.
The Securities and Exchange Board of India (Sebi) is in the process of issuing a standard operating procedure (SOP) for designated depository participants (DDPs) regarding disclosures and onboarding of foreign portfolio investors (FPIs), according to a regulatory document seen by Business Standard. DDPs act as a link between the markets regulator and overseas investors. The SOP, framed in consultation with the industry, aims to bring consistency across all players and avoid any form of regulatory arbitrage.
Diljit Dosanjh's switch in singing style as he smoothly assumes Chamkila's vocal persona highlights the brilliance of his artistry, observes Sukanya Verma.
The prices of mobile handsets are likely to increase in Maharastra from Wednesday as the state government has hiked the sales tax on devices to 12.5 per cent from four per cent now.According to analysts, the tax increase would push up the cost of a Rs 3,000 mobile handset by Rs 250.
The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.
In a bid to check theft of mobile phones as it involved security aspects, the Telecom Regulatory Authority of India has issued a consultation paper to seek opinion of the industry and other stakeholders to stop the menace.
A standing committee of the Rajasthan Wildlife Board's has cleared a proposal to allow the mining of a special sandstone, much sought after by builders including those constructing the Ram temple in Ayodhya, from Bharatpur's Bandh Baretha sanctuary.
The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.
Mobile phones in West Bengal will become more expensive than any other part of the country, thanks to the state government increasing the state value added tax on the product from 4 per cent to 12.5 per cent. The increase in prices, to be effective from September 8, is expected to give a major fillip to the grey market in the state.
'Unsurprisingly, the joint statement issued after Modi's visit contains a paragraph on terrorism.' 'It is on the usual lines that India would have with, say, Croatia.' 'The surprising part is that it shies away from getting into specifics,' points out Ambassador M K Bhadrakumar.
White is easy to maintain, looks brighter than other colours over a longer period, is the least commonly rejected colour among family members, has high resale value, provides better safety at night, absorbs less heat in the summer season, makes small cars look bigger, and is not considered inauspicious.
Naga splinter groups impatient with stalled talks as well as rebel Manipuri groups who have a stake in disrupting upcoming elections to the state assembly, are believed to be regrouping in the borderlands of China's Yunnan province and Myanmar, taking advantage of the turmoil in the latter by using it as a transit corridor.
The government has hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal. The duty changes came into effect on June 30. Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent.
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
Since trading in virtual currencies is not illegal, they traded in cash or through barter in some instances.
The Rajasthan government will soon begin an online auction of a special pink sandstone variety, much sought after by builders including those constructing the Ram temple in Ayodhya, found in the Bansi Paharpur area of Bharatpur.
Market players said NBFCs and HNIs are recalibrating their plans based on the changing dynamics.
Leading microchip providers Qualcomm and Intel say the chip shortage might last anything between four months to a year, perhaps even two years, depending on the various product categories - mobile devices, ICE, electric vehicles, appliances, data centres. Prakash Mallya, MD, Intel India and vice president, sales and marketing and communications group, said the spike in demand was huge, and cut across segments from PCs, phones, appliances and auto leading to the shortage.
Sebi also plans to examine if any comments made by company officials or the bankers could have misled investors.
COVID-19 forced people to work from home turned into the fuel for new demat accounts, observes Debashis Basu.
Krithi Krithivasan is the kind of person one might look to when the need is to calm things down and put things back on track.
