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Prashant Jain, MF industry's poster boy, quits HDFC AMC after 19-year stint

Jain's legacy has helped his investors generate outsized returns over a long-term horizon

Adani Enterprises, scarcely tracked by brokerages, set to enter Nifty 50

Coverage may improve as more funds start chasing the stock, say market experts

Number of PE-backed IPOs drop by 50% YoY in first half of calendar 2022

The major PE-backed IPO so far this calendar has been that of logistics major Delhivery. It saw Carlyle, China Momentum Fund, Softbank sell stakes worth $131 mn

PNB Housing, directors shell out Rs 73 lakh to settle case with Sebi

The payment was made under settlement rules, which allow an alleged wrongdoer to settle a matter without admitting or denying the guilt

FPIs pulled out $225 million a day from domestic stocks in 2022

The intensity of selling is the highest-ever the Indian market has witnessed as FPI selling this year has neared $30 billion (Rs 2.3 trillion)

Valuations not comfortable in context of interest rates: Janakiraman R

Valuations have definitely come off over the past three quarters, said Janakiraman

Sebi clears appointment of BSE's Ashish Kumar Chauhan as NSE chief

The NSE will now have to obtain shareholders' nod before Chauhan can take charge

New kid in D-town: Nifty Financial Services sees steady growth, shows data

Fin Nifty ADTV is still a fraction of the flagship Nifty and Bank Nifty indices, which have clocked an ADTV of Rs 40,000 crore this year

Start-ups trump traditional companies in value creation, shows data

Indian start-ups are also having a much larger impact in India than in the global context

Overseas investors continue to cut shareholding in both HDFC, HDFC Bank

FPIs' stake down over 400 bps in both, move paves way for global index inclusion of merged unit

NSE IFSC-SGX Connect launch postponed due to flood situation in Gujarat

The launch, which was to bring SGX Nifty trading at Gift City IFSC, was due to get operationalised on Friday by Prime Minister Narendra Modi

MF industry AUM hit 11-month low, stocks of 4 firms underperform

The mutual fund industry - which makes money managing assets - has seen zero growth in 11 months.

90 days on, MFs line up NFOs as embargo lifts; a dozen schemes expected

Experts say the resumption of NFOs will help support inflows into equity schemes, which are key to offset selling by foreign funds

Who are anchor investors?

Before a company hits the primary market, it will have to find anchor investors. So who are anchor investors and why are they so important in IPO's image building? Let us find out

FPIs raise the ante by driving up allocation to oil & gas, auto stocks

FPIs increased their allocations to the oil and gas sector by 44 bps and the power sector by 21 bps

Street Signs: Market uptrend, short covering in Tata Motors, and more

Nifty has not gained for more than three weeks in a row since mid-January 2022

Sebi considers bringing MF transactions under insider trading ambit

The rules, if applied, would bring transacting in MF units at par with shares and would put the responsibility on top industry officials

Fee pool shrinks by nearly 33% as equity offerings drop in first half

Overall equity issuances during the first half (H1) dropped 40 per cent to $9.1 billion, lowest first-half tally since 2016, according to Refinitiv, a markets data provider

IndiaFirst Life Insurance selects bankers for IPO expected later this year

IndiaFirst will be the fourth private sector life insurer to get listed on the bourses

Employee costs surge over 12% to a record Rs 10.8 trillion in FY22

IT sector accounts for nearly 54% of total employee costs