Capital Markets

Listing of MNCs, subsidiaries to remain a key theme for IPOs: Ranvir Davda

ECM activity has rebounded sharply over the last couple of months, with significant pickup in IPOs and block deals, says Davda

UGRO Capital to acquire Profectus Capital for Rs 1,400 crore deal

Rs 1,398.6 crore all-cash acquisition will boost UGRO's MSME lending scale, add school finance, and improve profitability and secured asset mix

Largecap segment shines in Q4 amid broad sectoral divergence: Equirus Sec

Of the 270 companies analysed, largecaps saw a 6 per cent Y-o-Y earnings rise, midcaps gained 2 per cent, while smallcaps slumped 16 per cent.

Over ₹12,000 crore bond sweep by firms ahead of RBI policy verdict

Indian firms including Vedanta, Jubilant and HUDCO raised over Rs 12,000 crore from bonds ahead of the RBI's expected 25 bps repo rate cut, with strong demand from mutual funds

Kotak Mahindra Bank's Deputy MD Shanti Ekambaram to retire in October

Paritosh Kashyap, Group president and business head, Wholesale Banking Group, will be appointed as the whole-time director (executive director) and key managerial personnel

Delayed disclosures of accounting lapses by IndusInd Bank catch Sebi eye

The regulator is looking into possible violations of listing obligation and disclosure requirements regulations

Indian cos raise Rs 58,000 cr in FY25 from overseas capital market

Lower hedging cost, demand for high-yield paper, need to diversify borrowing sources drove the fund raise

DIC India pays Rs 34.32L to settle disclosure norm violation case with Sebi

DIC India has settled a case with capital markets regulator Sebi pertaining to alleged violation of disclosure lapses after paying Rs 34.32 lakh towards the settlement amount. DIC India, a manufacturer of printing inks and allied products, had filed suo motu settlement applications in terms of the Sebi's (Settlement Proceedings) regulations, the regulator said in an order on March 21. The company proposed to settle by neither "admitting nor denying the findings of fact and conclusions of law" the enforcement proceedings that may be initiated against it for the violation of rules. As per the settlement order, the markets watchdog will not initiate enforcement proceedings against DIC India for the violations. However, Sebi retains the right to take further action if any misrepresentation is discovered or if the company breaches any terms of the settlement. "...it is hereby ordered that any proceedings that may be initiated for the violations are settled in respect of the applicant

Sebi slaps Rs 20 lakh penalty on four entities for 'non-genuine trades'

Capital markets regulator Sebi on Tuesday slapped penalties totalling Rs 20 lakh on four entities for indulging in non-genuine trades in the illiquid stock options segment on the BSE. In four separate orders, the regulator imposed a fine of Rs 5 lakh each on Nirman Chatha, Rajvardhan Foundation, Dinesh Kumar Agarwal HUF and Pramod Kumar Jain. The orders came after the Securities and Exchange Board of India (Sebi) observed large-scale reversal of trades in the illiquid stock options segment of BSE, leading to the creation of artificial volume. Thereafter, the markets watchdog conducted an investigation into the trading activities of certain entities in illiquid stock options at BSE for the period April 2014 to September 2015. According to Sebi, reversal trades are those trades in which an entity reverses its buy or sell positions in a contract with a subsequent sell or buy position with the same counterparty. These trades are alleged to be non-genuine trades as they lack basic trad

Ex-chairman calls Sebi's 'minimum info' directive 'inconsistent, laughable'

Capital markets regulator Sebi's recent directive on minimum information has many inconsistencies and is "laughable", former Sebi chairman M Damodaran said on Wednesday. Addressing an event organized by the Institute of Internal Auditors here, Damodaran said we will not be able to see good governance at companies if there are prescriptive arrangements, and advocated that such practices come from within. He quipped that the February 14 directive on industry standards on minimum information to be provided for review by the audit committee and shareholders for approval of a related party transaction is a "very elaborate" document. "Even the tabular statement is several pages long. It has so many things that if you take them seriously, you will have a problem. So it's better to read them, laugh at them and go on with life," the IAS officer-turned-regulator said. "There are inconsistencies within that document. There are inconsistencies that that document has with other prescriptions fr

No immediate review of China investment in India, says CEA Nageswaran

Nageswaran said India's capital markets remain strong despite the rupee depreciating at an average of 3 per cent annually due to inflation differentials

Global capital mkts see renewed confidence amid rate pivot, says Citi

Moreover, the demand for Debt Capital Markets (DCM) products is underpinned by stable levels of bond maturities, comparable to 2024

Fund raising from capital markets to jump 21% to Rs 14.27 trn in FY25: Buch

Overall fundraising from capital markets, including through equity and debt instruments, is estimated to jump by nearly 21 per cent to Rs 14.27 lakh crore in FY25 from the Rs 11.8 lakh crore in FY24, Sebi chief Madhabi Puri Buch said on Friday. Buch said in the past nine months of the current fiscal, entities have mobilised Rs 3.3 lakh crore in equity and Rs 7.3 lakh crore from the debt markets, with the overall mop-up reaching Rs 10.7 lakh crore. "If we project for the next quarter (Q4), we will probably end somewhere like over Rs 14 lakh crore raised for the year in terms of capital, both equity and debt," Buch said addressing a NISM-organised conference here. A presentation made by Buch pegged the FY25 estimate at Rs 14.27 lakh crore. Buch said money raised by real estate investments trusts, infrastructure investment trusts and municipal bonds has a very small contribution to the overall capital raising at around Rs 10,000 crore in the first nine months of FY25, but added that s

Sebi launches free tools on site, Saarthi App to boost investor awareness

Capital markets regulator Sebi on Thursday is offering a range of free tools and resources on its investor website and the 'Saarthi' App as part of its investor education initiatives. It aims to empowering both prospective and existing investors, these platforms provide guidance on making informed investment decisions. "The Securities and Exchange Board of India (Sebi), as part of its mandate to protect the interests of investors in the securities market, has provided a comprehensive suite of tools and resources on its official investor website to enhance investor awareness and education," the regulator said in a statement. These tools and resources aim to help both prospective and existing investors navigate their investment journey, it added. The Sebi investor website features a curated repository of videos sourced from stock exchanges, depositories, and institutions like the Association of Mutual Funds in India (AMFI) and the National Centre for Financial Education ...

China capital markets outflow hits record high in Nov after Trump poll win

Cross-border receipts from portfolio investments were $188.9 billion, while payments totalled $234.6 billion

Sebi fines Reliance Securities of Rs 9 lakh for breach of market norms

Sebi has mandated brokers to retain verifiable evidence of client orders to ensure transparency and prevent unauthorised trades

Oceanic Foods pays Rs 12.22L to settle disclosure lapses case with Sebi

Oceanic Foods Ltd (OFL), a BSE-listed entity, is engaged in the business of production and sale of dehydrated spices and vegetables

Hoping to match 165 years of progress in 5-6 years: CEO of HSBC India

Hitendra Dave spoke about the London-based bank's plans for India and how it aims to capitalize on the opportunities the country has to offer

NHB raises Rs 3,830 cr through 10-yr bonds at 7.14%; gets 'AAA' rating

The coupon rate is the rate of interest that the entity will pay to investors

Capital markets' boom drives NSE Q2FY25 PAT up 57% at Rs 3.14K crore

The exchange's growth could plateau going forward as trading volumes are expected to take a hit due to stricter trading rules for the derivatives segment that take effect from this month