BUSINESS
Outbound funds see low uptick at GIFT City due to regulatory, tax challenges
As of September 2024, there were a total of 128 fund management entities set up in GIFT City with the cumulative number of schemes pegged at 168 with commitments totalling $12.13 billion.
BUSINESS
Five tips from top PMS managers for 2025: Invest in growth sectors and proxy plays
In a similar context, Divam Sharma, founder and fund manager of Green Portfolio Investors says that investors should refine their strategies and focus on growth-oriented sectors and proxy-plays for maximising returns
BUSINESS
Defined stop loss, adapting new strategies; here's what F&O experts are advising for 2025
Considering index and equity options, defining stop losses, proper risk management for smaller contracts is required while trading in derivatives, say experts.
BUSINESS
Importers take Tanzania, Thailand route to bring gold disguised as platinum alloy
According to multiple sources familiar with the development, importers are using a legally available route by importing alloy that has a platinum content of more than two percent – the rest is predominantly gold – and be in complete compliance with the Customs Tariff Act.
BUSINESS
Key themes for 2025: Fund managers betting on insurance, IT, manufacturing, and discretionary sectors amid valuation comfort
The manufacturing sector is poised for growth because of Make-In-India, targeted PLI schemes for electronics, pharmaceuticals, and batteries, Neelesh Surana of Mirae Asset Managers India said.
BUSINESS
SEBI working on 'acceptable' form of much-feared and tough PUSTA regulations
Sources say that there is a consensus within SEBI that ex-parte interim orders should not be allowed under PUSTA as it will be unfair to the alleged wrongdoers.
MARKETS
Clamour for accredited investors regime comes from fund managers, says Sebi's Ananth Narayan
Sebi yet to come across investors who say "go easy on regulations", said Narayan
BUSINESS
Top 10 PMSes in November: Valcreate Investment Managers and Narnolia Financial Services at the top
Among the top names were Carnellian, Incred Asset Management, Right Horizons, and others.
BUSINESS
MC Exclusive: Expiry day volatility: SEBI’s Ananth Narayan says watching if more steps need to be taken
Depending on the outcomes, we will consider and consult on any further regulatory or developmental steps required to be taken, Narayan said.
BUSINESS
Consumption stocks crowd pessimism list in November; Asian Paints, Titan, Britannia among top ten
As of November, Asian Paints had 18 sell calls, Nestle 7 sell calls, while Titan and Britannia Industries had 5 sell calls each.
BUSINESS
MC Exclusive: Brokerages, APs facilitates dabba-trading to make up for business lost to SEBI's new F&O norms
With the new index-derivatives norms rolled out from the end of November, brokerages and their distributors are finding alternative sources of revenue.
BUSINESS
Zero brokerage isn’t free as brokers earn from float, says Sebi's Ananth Narayan
Total amount of cash-equivalent collateral that investors put in the ecosystem in an average day is around Rs 4.5 lakh crore, the SEBI whole-time director said
BUSINESS
Ambit retains Zomato as its core holding in Dec, says business model only partly imitable by Swiggy, Zepto
Zomato has a high average order value in food delivery as well as quick commerce. Competitors who try to copy the business model of Zomato can only partially imitate this, says the asset manager
BUSINESS
IPO-bound Vishal Mega Mart says discounted products helped retain customer base, fend off e-commerce rivals
In the FMCG segment, more than 50 percent of Vishal Mega Mart's revenue comes from its in-house brands, which CEO Gunendar Kapur highlighted as a key differentiator.
BUSINESS
Mobikwik cuts IPO size from Rs 1,900 cr to Rs 572 cr; founder Bipin Singh explains why
The company is also planning to expand its distribution arm which is selling loans and mutual funds. 'The aim is to lead with payments, get the users engaged, and then cross-sell other products like loans and mutual funds,' Singh said.
BUSINESS
Indus Towers promoters sells Rs 2800 crore worth shares in a block deal
As of September 30, Usha Martin Telematics Limited had a 0.74 percent stake and Omega Telecom Holdings Private Limited had a 2.26 percent stake in Indus Towers.
BUSINESS
70% chance that RBI will cut rates by 25 bps in upcoming MPC; says Deepak Agrawal of Kotak Mahindra MF
The weak GDP growth in Q2FY24, at 5.4%, compared to 6.7% in Q1FY24, results in an average first-half growth of around 6 percent, Agrawal said
BUSINESS
Strong IPO pipeline making Indian markets more vulnerable to FII flows, says Axis MF
In the second half of the year, the supply of new stocks in the market is expected to be much higher than in the first half, the report said.
BUSINESS
IPO frenzy cools down in November as subscription levels take a hit
Data from Prime Database shows that the average subscription level for mainboard IPOs in November fell to 1.9 times, a sharp decline from 16 times in October and 76 times in September.
BUSINESS
Polls over, earnings growth should recover as government spending, festive consumption improves, says Anand Shah of ICICI Prudential
As government spending picks up after the elections and festive consumption improves, we should see earnings growth recover, Shah says.
BUSINESS
Easy credit fueled India’s spending surge from iPhones to washing machines. But the party may be over
Experts suggest that India’s consumption demand hinges on jobs growth accompanies by rate cuts
MARKETS
Stocks of quality firms at any price doesn't work, says Sunil Singhania of Abakkus
Singhania said valuations must align with the growth in revenue, operating profit and net profit
BUSINESS
Consumption isn't slowing, but market share is shifting, says Vikas Khemani of Carnelian
Khemani says that the landscape has changed, with capex now being funded more through equity than borrowing.
BUSINESS
BSE's new F&O expiry cycle will help ease volatility and free capital, say experts
Market participants say that since the expiries were concentrated on consecutive days -- Thursday and Friday -- capital of traders was tied up for longer periods, limiting their ability to reinvest or trade on other days. Nifty50 weekly contracts expire every Thursday.
