Types of stock market investors: Each investor category as their own interpretation of the Indian stock market, which in turn reflects in their investment strategy
The index fund will track the Nifty India Defence Index, which comprises 15 companies operational in the defence manufacturing and servicing industry
Jain delves into how the fund is striving to stand out in a competitive market landscape
The RBI issued a circular on Friday amending the Foreign Exchange Management (Overseas Investment) Directions, 2022, lifting several restrictions
SEBI wants to make investing in the stock market easier for people with smaller amounts of money. Watch the video to know how.
Le Travenues Technology Ltd, which operates travel booking platform ixigo, on Friday said its existing sharehoders have completed the sale of equities worth a little over Rs 176 crore in a pre-IPO round. Those who picked up shares are Ashoka India Equity Investment Trust Plc, Tata Multi Asset Opportunities Fund, Tata Digital India Fund, Bay Capital Holdings and Steadview Capital Mauritius, ixigo co-founders Aloke Bajpai and Rajnish Kumar told PTI in an interaction. The travel aggregator's certain shareholders -- SAIF Partners India IV Ltd, Peak XV Partners Investments V (formerly known as SCI Investments V), Micromax Informatics Ltd, and Catalyst Trusteeship Ltd -- collectively sold 1.89 crore shares to these institutional investors on June 6 at Rs 93 apiece, which is also the upper end of the price band for the company's Rs 740-crore IPO. At this price, the total transaction is pegged at Rs 176.2 crore. This pre-IPO round has been completed just before the anchor round that opens o
The app is packed with tools to make complex financial concepts easier to understand, according to Sebi
Capital markets regulator Sebi on Monday launched a mobile app 'Saa?thi 2.0' on personal finance for investors with comprehensive tools aimed at simplifying complex financial concepts. "The updated 'Saa?thi' app introduces a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts," Sebi said in a statement. The app includes financial calculators and has modules that introduce and explain KYC procedures, mutual funds, ETFs, buying and selling shares on stock exchanges, investor grievances redressal mechanism, and the Online Dispute Resolution (ODR) platform. Additionally, the app features a range of videos designed to assist investors in their personal finance planning. "In today's era, where social media sometimes provides biased or misleading information, there is a significant need for an unbiased, objective, and trusted source of investment information," Ananth Narayan G, Whole Time Member, said during the launch. "The Saa?thi app serves
The offering will be a gauge of Riyadh's appeal to foreign investors, a key plank of the kingdom's plan to overhaul its economy. Foreign direct investment has repeatedly missed its targets
The EV maker's board has been working to rally shareholder support ahead of its June 13 annual meeting
The company is making an unusual and public effort to rally support for Musk's pay
Indian equities have risen to records, while the currency and bond markets are near their highest levels in over two months days ahead of the election results on June 4
Existing investors to infuse up to Rs 1,000 crore equity
These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks
Higher repatriation by investors must be studied
Peugeot Invest, controlled by the French clan and headed by eighth-generation scion Robert Peugeot, 74, is likely to face a group of disgruntled minority investors at an annual meeting on Friday
Despite growing concerns that India's equity markets are overvalued, local investors have so far ignored warnings and driven share prices to record highs
It's only now that the tool is finally being put to use. Two separate challenges are being heard by India's company law tribunal
The initial public offering of Piotex Industries closed with an overwhelming subscription of 108 times on Tuesday. The portion for non-institutional investors (NII) was subscribed 122 times, the quota for retail individual investors (RII) received 94 times subscription, bringing the overall subscription to 108 times until the final day of bidding on Tuesday. Shares of the Pune-headquartered company will be listed on the BSE's SME platform. The Rs 14.47 crore initial public offering (IPO) is entirely a fresh issue of 15.4 lakh equity shares with a face value of Rs 10 each. The company has fixed the price of the issue at Rs 94 per share. The company proposes to utilise the proceeds from the public offer to fund its working capital requirements, general corporate purposes and meet issue expenses. Founded in 2019 by Abhay Shriram Asalkar and Yogesh Omprakash Nimodiya, the company is a supplier of yarn, fabric and cotton bales and works on an asset-lite model. Piotex Industries recor