Sustained volatility in the equity market and unexpected defaults in the debt market have pushed investors to look at alternatives.
From a 3-year perspective, this is a very enticing market one were professionals should slowly but surely go aggressively in with high-quality names
While some reliefs that no political party can dare to roll back (like raising exemption limit for individuals under Income Tax Act) some relief measures for rural population etc can be expected.
Spot gold was up 0.2 percent at $1,294.29 an ounce by 0338 GMT, after earlier marking its best since Sept. 27 at $1295.45.
The 10-member panel, headed by Manipal Global Education chairman T V Mohandas Pai, will examine and advice Sebi on recent and medium-term trends in fintech developments in securities market globally; opportunities and challenges from the new solutions and its impact on Indian securities market.
The Securities and Exchange Board of India (Sebi) found that the firm had raised Rs 1.35 crore by issuing redeemable preference shares to 2,355 investors during 2011-12 without complying with regulatory provisions applicable for a public issue.
The company's net profit stood at Rs 79.2 crore during the April-June period of 2016-17
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be a part of the Indian stock markets without registering themselves directly. They, however, need to go through a proper due diligence process.
The IPO will comprise both stake sale by some of the existing private equity investors of the company and also sale of new shares to raise funds for the company’s expansion. The company counts Warburg Pincus, UTI Ventures and Ascent Capital as its investors.
Equities attracted net inflows during the just concluded financial year. Debt instruments, on the other hand, took a big hit after remaining preferred investment avenue for foreign funds in recent years.
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas ones who wish to be part of the Indian stock markets without registering themselves directly. But they still need to go through a proper due diligence process.
The Securities and Exchange Board of India (Sebi) found that Amadhi Investments financed Sugandh Estates and Investments in the IPOs of IDFC, Sasken and FCS Software Solutions with the purpose of cornering shares reserved for retail investors.
The company is a Gujarat-headquartered non-banking financial company (NBFC) with more than two decades of business operations and having presence across six states and the NCT of Delhi.
The company had filed draft papers with Sebi in January to raise funds through rights issue and the regulator issued its 'observation' on March 2, which is necessary for any firm to launch public offer, as per latest update with Sebi.
Capital markets regulator SEBI can be unpleasant to the extent that it creates confidence but it must send across a message that nobody can go unpunished, its former chief U K Sinha has said.
The companies, which are planning to list on BSE's SME platform, are expected to float IPOs in the coming months.
Nagraj Garla, MD & CEO, IDBI Capital, A K Prabhakar, Head of Research, IDBI Capital and Sameer Kamath, CFO, Motilal Oswal share their rationale behind thinking why today's midcaps could be tomorrow's largecaps.
In his last press briefing before handing over the SEBI reins to Ajay Tyagi on March 1, Sinha said his team had ensured swift action on violations and said he was demitting office with the capital markets in order.
India's biggest lender by assets, State Bank of India, could tap capital markets next fiscal year to raise up to USD1.5 billion, its chief said on Friday, though it first needs to complete a planned merger with its subsidiary banks.
BSE said it would be shifting scrips of 50 firms to the trade-to-trade or the 'T' or 'XT' Group segment, while the National Stock exchange (NSE) has decided to move stocks of 19 companies to this category, the bourses said in separate notices.
Since the firm had issued shares to over 49 persons, it qualified as a public issue of securities that requires compulsory listing on a recognised stock exchange. It was also required to file a prospectus, among others, which it failed to do.
Regulator Sebi has sought detailed explanations from some listed Tata firms on alleged violations of corporate governance and insider trading norms flagged by ousted directors Cyrus Mistry and Nusli Wadia.
Sebi Chairman U K Sinha, who was among the financial sector regulators present at the FSDC meeting, offered suggestions for the forthcoming budget for 2017-18.
The initial public offer will see sale of 200,190,000 equity shares --10 percent stake -- by the central government through an offer for sale (OFS)route, as per the Draft Red Herring Prospectus (DRHP).
With an aim to deepen capital markets, regulator Sebi today decided to permit FPIs to invest in unlisted corporate debt securities and securitised debt instruments with a ceiling of Rs 35,000 crore.