That’s because the market is still grappling with challenges posed...
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FPIs pull out Rs 24,753 crore from equities in first week of March
A major catalyst continues to be the escalation in global trade...
India markets regulator to boost transparency, including on board conflicts, says new chairman
Tuhin Kanta Pandey,,Chairperson , Sebi "We will be coming forward...
Combined wealth of India’s 100 richest on Forbes list rises to USD 800 billion: Report
Mukesh Ambani, who controls Reliance Industries, the energy to telecom giant, is at number two with USD88 billion, down 5per cent from last year. Between them, Adani and Ambani now account for 30per cent of the total wealth of India's 100 richest Mumbai: The...
Rise and fall of ‘Covid Billionaires’, 26 from Asia
Out of the 58 Covid billionaires, 26 have citizenships in Asia, 18 hail from the US and Canada, and 10 from Europe. Just two are female: Falguni Nayar — founder of India’s first woman-led unicorn to go public, beauty retailer Nykaa — and Denise Coates, the co-CEO and...
NHAI InVIT subscribed by 6.69 times
InvITs are instruments on the pattern of mutual funds, designed to pool money from investors and invest in assets that provides cash flows over a period of time New Delhi; National Highways Infra Trust's investment instrument NHAI InvIT, sponsored by the state-owned...
India’s festival gold sales to shine less brightly this year, says WGC
Indians bought a record 344 tons of gold over the period, and sales are unlikely to match that this year, PR Somasundaram, regional chief executive officer at the London-based organization, told Bloomberg Television in an interview on Tuesday India’s gold sales during...
Crypto hackers set for record year after looting over $3 billion: Report
At least $718 million has been stolen so far in October alone, taking the gross tally for the year past $3 billion and putting 2022 on course to be a record for the total value hacked, according to blockchain specialist Chainalysis Inc. Most of the targets are...
Mental, physical & financial resilience improving, says New HSBC Life 2022 +Factor Study
Greg Hingston, CEO, Global Insurance and Partnerships, HSBC Life, commented: "The interconnection between mental, financial and physical dimensions is clear. When one dimension improves, the others follow. When physical, mental and financial health are all addressed,...
Mutual funds assets rise to Rs 39.88 lakh cr in Sep on higher inflows into SIPs: Amfi
According to the latest monthly data from the Association of Mutual Funds in India (Amfi) released on Monday, the industry wide net AUM stood at Rs 38.42 lakh crore in September. Amfi said the month also saw the highest-ever folio addition to 13.81 crore. The retail...
Sebi cautions investors against funds raising by entities claiming to give portfolio management services
Further, Sebi-registered intermediaries, including portfolio managers (who manage portfolio management schemes) cannot offer products with assured or fixed return on investment. Many such unauthorised schemes are run like ponzi schemes without any real investment made...
Sebi to restart review of $440 million Digit Insurance IPO
The Sebi was concerned that privately-held Digit issued shares to more than 200 individuals in the past financial year, which is not allowed under Indian laws and regulations MUMBAI: India's markets regulator will restart a review of a $440 million initial public...
Sebi tightens disclosure norms for IPOs; to relax rules for open offers
For IPOs, the regulator cleared the proposal mandating the issuers to disclose the offer price based on past transactions and fund raising activities The watchdog's board gave its nod to bring buying and selling of mutual fund units under the ambit of insidr trading...