New Delhi [India], The Indian stock market has seen an unprecedented bull run, with the BSE Sensex hitting a record high of 80,000 points during the opening session on Wednesday.The Sensex's journey from 75,000 to 80,000 points has been remarkably quick, covering this 5,000 point rise in less...
In New Delhi, India's markets regulator SEBI has slapped Hindenburg Research with a show-cause notice for alleged "unfair trade practices" in its 2023 broadside against the Adani Group, a move the US firm called "nonsense" and an attempt to "silence and intimidate" those who expose corruption...
New Delhi [India] InGovern founder and CEO Shriram Subramanian on Tuesday said US short seller Hindenburg Research's charges against SEBI appear to be misplaced."It is not clear why Hindenburg has come out so strongly against SEBI, to the extent of defaming SEBI. Hindenburg has only alienated...
Shares of Kotak Mahindra Bank fell 2.49 per cent to close at Rs 1,763.15.In response to SEBI's show cause notice, Hindenburg said: "Kotak Bank, one of India's largest banks and brokerage firms founded by Uday Kotak, has seized the offshore funds used by our investor partner to bet against...
Hindenburg had alleged that while markets regulator SEBI "apparently tied itself in knots to claim jurisdiction over us, its notice clearly did not mention the party that has a real link with India: Kotak Bank, one of the banks and firms largest brokerage firm in India founded by Uday. Kotak...
New Delhi, markets regulator Sebi on Tuesday mandated email as the default mode of submission of 'Consolidated Statement of Account', which provides an account of securities traded by an investor, by depositories and transfer and registration agents. mutual funds (MF-RTA).The new framework...
New Delhi, National Bank for Financing Infrastructure and Development (NaBFID) on Tuesday said it has raised Rs 5,000 crore by issuing listed bonds.The issue received an overwhelming response from investors with bids worth Rs 12,287 crore, NaBFID said in a regulatory filing.The bonds were...
New Delhi [India]: Recent regulations issued by the Securities and Exchange Board of India (SEBI) for small and medium real estate investment trusts (SM REITs) have boosted investors' interest towards fractional ownership of real estate assets, according to a report. Expected to increase. CRISIL...
New Delhi: Foreign investor Copthal Mauritius Investment on Tuesday bought shares of railway goods wagon maker Jupiter Wagons for Rs 214 crore through an open market transaction.According to bulk deal data available with the National Stock Exchange (NSE),Copthol Mauritius Investments...
Groww faced criticism on social media after a customer's relative alleged in a social media post (now deleted) that his sister faced fraud after investing through the financial services platform. .The Grow user had alleged that the app took the money but did not actually invest it in mutual...
Ahmedabad (Gujarat) [India], Adani Ports and Special Economic Zone Limited (APSEZ), part of the diversified Adani Group, has demonstrated its leadership in investor engagement by entering the honor list of Institutional Investor Asia Pacific (ex-Japan ) Executive Team Survey.According to the...
Of the 1,669 Asian companies voted by investors, 55 were included in the honor list. This includes only four from India, including APSEZ, which secured first rank across four parameters – IR (Investor Relations) programme, ESG (Environment, Social and Governance) programme, IR team and IR...
Abu Dhabi [UAE] Lunate Capital, an Abu Dhabi-based management company, today launched the J.P. Chimera ETF. Morgan Global Sukuk, an exchange-traded fund (ETF or the Fund) that will be listed on the Abu Dhabi Stock Exchange (ADX). July 8th.The Chimera JP Morgan Global Kukuk ETF will track the...
According to investor Hanendra Pratap Singh, who raised the issue in a social media post, he invested money in a mutual fund and Groww prepared a folio displaying the current amount and growth.However, the alleged fraud occurred when he tried to cash out the investments. He discovered that the...
New Delhi: Stock markets will be guided by foreign investors' trading activity and global trends this week with benchmark stock indices likely to face volatility amid the scheduled monthly expiration of derivatives, analysts said.Furthermore, factors such as the advance of monsoon and Brent...
PNNAhmedabad, Gujarat A decade received an overwhelming response for its Rs. The Rs 40.80 crore SME IPO was subscribed more than 160.93 times as per NSE data on June 21, 2024. The Non Institutional Investor category received the highest interest among investors and was subscribed more than 415...
New Delhi, Solid surface maker Durlax Top Surfaces' initial public offering of Rs 40.80 crore has been oversubscribed nearly 161 times, the company said on Saturday.According to exchange data, the IPO received bids for about 87 crore shares as against 60 lakh shares on subscription offer...
New Delhi: Venture capital firm Peak XV is the most active investor in Indian startups with investments in 47 entities, according to ASK Private Wealth Hurun India Future Unicorn Index 2024.According to the index report, Peak XV is followed by Accel which has invested in 25 companies that are...
PNNMumbai (Maharashtra) [India], June 20: Appreciate, a SEBI and IFSCA registered fintech company, introduces Goals, a custom ETF basket designed for savvy retail investors looking to diversify their portfolio globally with exposure to US markets. The ETFs that make up Goals invest in...
Mumbai (Maharashtra) [India], June 20: Appreciate, a SEBI and IFSCA registered fintech company, introduces Goals, a customized basket of ETFs designed for savvy retail investors looking to diversify their portfolio globally with exposure to US markets. The ETFs that make up Goals invest in...