BUSINESS
Family offices betting big on unlisted space
Their exposure to listed companies is decreasing, largely due to the compelling opportunities in the tech sector that have emerged in private markets post-COVID-19.
BUSINESS
Budget 2024: AIFs seek tax parity with FPIs
BUSINESS
Many PEs waiting to get an exit, banking and auto to be in focus: Hitesh Zaveri of Axis
Zaveri is of the view that while valuations in defence companies are rich, the substantial and increasing order books justify these valuations.
BUSINESS
AIF body seeks tax parity with FPIs in pre-budget meeting
The Indian Venture and Alternate Capital Association (IVCA) also suggested measures to encourage large domestic capital pools of insurance and pension funds to participate in the AIF industry to finance infrastructure, credit and start-ups.
BUSINESS
Family offices await clarity from RBI before firming up GIFT City plans
A person familiar with the matter said on the condition of anonymity that the central bank may not be comfortable with family offices transferring significant sum out of India.
BUSINESS
Prabhudas Lilladher Advisory plans fund-raise through preferential allotment, IPO in two years
Funds raised through preferential allotment to be used to expand margin funding book, and growing the asset management business.
BUSINESS
ASK, Marcellus, Motilal Oswal PMS schemes witness largest net outflows in May
ASK's Indian Entrepreneurship Portfolio, Marcellus' Consistent Compounders, and ASK's India Select Portfolio, which saw outflows in the previous month, once again featured in the list of top ten PMS schemes in terms of monthly outflows in May.
BUSINESS
Here are top 10 PMS schemes that saw the largest net inflows in May
ICICI Prudential PMS's Contra Strategy attracted the highest inflows of Rs 464 crore in May, which pushed the AUM of the scheme to Rs 6,844 crore. The scheme’s May return was pegged at 3.50 percent.
BUSINESS
Block deals on the rise as institutional investors look to book profits
Market participants attribute this trend to private equity players who have been consistently selling blocks of shares on which they have been sitting on significant notional gains.
BUSINESS
Active outreach initiatives are on to attract global players to GIFT City, says IFSCA chairman
According to IFSCA Chairman K Rajaraman, GIFT City offers a lot of benefits to companies across sectors and hence the policy makers are continuously carrying out outreach programmes with various overseas companies.
BUSINESS
Rules for direct listing in GIFT City to be out in June, says IFSCA chairman
Once the regulations are in place, companies are expected to file their applications with the regulator in the next two months.
BUSINESS
PMS distributor test is a hard nut to crack, say market players
Market participants attribute the lower pass rate in PMS exam to the structure of the test, which many find difficult to clear.
BUSINESS
HFT Scan: Nova Agritech and National Fertilizers in focus
Likhitha Infrastructure touched a 52-week high on June 10.
BUSINESS
Trading Plan: Will Nifty, Bank Nifty continue to consolidate ahead of US Fed meet?
Analysts expect the Nifty to consolidate and prepare for the next leg of growth, with key resistance anticipated at 23,500.
BUSINESS
Analyst Tracker: Kotak Mahindra Bank stock gets most brokerage rating upgrades in May
Kotak Bank's cheap valuations and a fall in gross NPAs have prompted brokerages to upgrade their ratings on the stock. Although RBI restrictions could affect the growth, the stock price correction has factored in the impact, say analysts.
BUSINESS
Here's why Alchemy's Hiren Ved is betting big on cyclical stocks
Cyclicals, as a sector, had the highest weightage at 66.6 percent in 2007 reflecting strong economic growth and investment in industries sensitive to economic cycles.
BUSINESS
What next for momentum stocks after reduced majority for NDA coalition
The India Election Index, which tracks stocks whose fortunes are closely tied to the NDA coalition returning with a strong mandate, tumbled nearly 13 percent on June 4, compared to a 6 percent drop in the Nifty
BUSINESS
Realtors turn to AIFs for solving funding woes
RBI rules bar banks from lending for land acquisition, or fees for land approvals, among few other things which an AIF fund can provide.
BUSINESS
MC Poll Position: FIIs, retail investors betting on NDA coalition winning comfortably, shows index futures data
Some experts feel FIIs' long positions in index futures could be a hedge against their negative view on the Indian market
BUSINESS
GIFT City's planned global commodity hub a boon for local traders
Currency exchange risk will reduce if hedging can be done in the same currency as the underlying business of imports or exports, say experts.
BUSINESS
Cautious outlook, selective buying keep market breadth weak
In the current month till date, the market breadth on BSE is pegged at 0.99 even as the benchmark 30-share Sensex is up a marginal 1.25 percent and is hovering around record highs.
BUSINESS
HFT Scan : PG Electroplast and Cochin Shipyard in focus
PG Electroplast and Cochin Shipyard touched a 52-week high on May 23.
BUSINESS
Benchmarks at record highs but market breadth remains weak
On May 23, the market breadth was weak with as many as 1,370 stocks losing ground on NSE as against 1,252 advances.
BUSINESS
GIFT City tax sops make FPIs skip Mauritius, Singapore
According to legal experts and industry players, the trend is being primarily driven by the efforts of the Indian government that is pushing GIFT City over common investment channels through Mauritius, Singapore, and others.
