Page 12 - Investors

Investors wait to see Red Sea crisis in shippers' Q1 revenue numbers

That compares to the pandemic peak of $13,559, at a time when shippers ordered new vessels in a move that later caused overcapacity, according to Stifel analyst Marc Zeck

Nepal finance ministry releases handbook for prospective Indian investors

Nepal Finance Minister Barsha Man Pun on Monday released a handbook for Indian investors keen on exploring more business opportunities in the Himalayan nation. Published by the Nepal India Chamber of Commerce and Industries (NICCI), the handbook released on the sidelines of the Nepal Investment Summit 2024 consists of insights into rules, regulations, taxation, investment climate, intellectual property rights, and investment procedures for prospective investors looking to engage with Nepal's market. According to the website of the Indian Embassy in Nepal, India is the largest source of investment into the Himalayan nation, accounting for more than 32 per cent of the total FDI stock of Nepal, which is worth nearly USD 520 million, as per NRB data until mid-2020. There are about 150 Indian ventures operating in Nepal engaged in manufacturing, services (banking, insurance, dry port, education and telecom), power sector and tourism industries. Indian companies and investments have playe

Small, midcap funds remain mutual fund investors' top choice in March

Smallcap funds added 360,000 folios in March, second-most among equity-scheme categories

Investors ask TotalEnergies to split CEO, board chair roles ahead of AGM

The proposal was put forward by 19 international investors holding roughly 20 million TotalEnergies shares, together with Swiss pension fund investor group Ethos Foundation

Investors betting on longer-duration debt funds need to be patient

Experts say while rate cuts remain on the table, their start is likely to be delayed

Foreign investors retreating from emerging markets in Asia, shows data

Overseas investors have sold nearly $2.2 billion worth of equities in the region's emerging markets in April, on a net basis, according to data compiled by Bloomberg that excludes China

Sebi to auction 22 properties of Rose Valley on May 20 to recover money

Markets regulator Sebi on Monday said it will auction 22 properties of Rose Valley Group of companies on May 20 at a reserve price totalling Rs 8.6 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats and office spaces located in West Bengal, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on May 20 between 11 am and 1 pm. The total reserve price of these properties is pegged at Rs 8.6 crore, it added. The markets regulator said it has engaged Quikr Realty to assist it in the sale of the properties. A committee would oversee sale of the assets and the money will be utilized for repaying the investors. The committee was formed following an order passed by Calcutta High Court in May 2015. Going by the notice, the bidders should make their own independent enquiries regarding the encumbrances, litigations, attachments and acquisition of liabili

ShareChat raises $49 mn via convertible debentures from existing investors

Homegrown social media company ShareChat on Monday announced it has raised USD 49 million (about Rs 407 crore) by way of convertible debentures from existing investors Lightspeed, Temasek and Alkeon Capital, among others. The capital raise will help the company invest further in its ad targeting technology as well as in continuing the growth of consumer transactions business on ShareChat Live and Moj Live, according to a release. "ShareChat (Mohalla Tech Pvt Ltd)...today announced the closure of its USD 49 million funding round via convertible debentures led by existing investors Lightspeed, Temasek, Alkeon Capital, Moore Strategic Ventures and HarbourVest, amongst others," the release said. ShareChat app is already operationally profitable, and short video app Moj is expected to achieve operational profitability over the next few months, it said. As the company marches towards profitability, it announced an organisation-wide ESOP bonus programme that will double the ESOP ownershi

Equity euphoria boosts mutual fund investor additions by 70% in FY24

Unique investor tally surges to 44.5 million as 6.8 million new investors come onboard

Exotic corporate debt products like SDIs lure yield-hungry Indian savers

Investor appetite for bonds rated below AA has increased significantly and SDIs provide access to a pool of high-yield debt via a single investment, said Ajay Kejriwal, head of trading desk at Vivriti

Investor funding in edtech driving unwarranted behaviour: Byju's Aakash CEO

Investors' funding in the edtech space is driving an unwarranted behaviour which is not good for the industry, Byju's Aakash Education Services Ltd (AESL) Managing Director and CEO Deepak Mehrotra has said. Speaking to PTI, Mehrotra also said that digital alone can't meet aspirations of medical and engineering students looking to get into premium institutions, and it is important to address requirement of new learners. "Investors' funding is very clearly driving behaviours which are not good for anyone, I only hope sanity prevails," said Mehrotra who was appointed AESL's CEO on Monday. He was replying to a query about the need for consolidation in the edtech and test preparatory space where there has been a lot of changes in the business models of several firms. During the edtech's growth stage, several brick-and-mortar test preparatory firms entered the online space, while online education firms added brick-and-mortar centres. Mehrotra said digital alone is not enough to address

Income tax notices lead to stress among startups, executives and investors

The notices were served under Section 68 of the Income Tax Act. They have clubbed the investments made in the startups, along with the revenue, to calculate the tax, according to the sources

Centre Court Capital launches Rs 350 cr maiden fund for sports, gaming

Fund has raised Rs 200 cr in commitments from investors, will focus on early-stage opportunities

Time to roll out the red carpet for all investors

After winning 2014 Lok Sabha elections and then again in 2019, the overwhelming theme of BJP clearly turned to all things Indian, ranging from "Make in India" to "Buy in India" and "Travel in India"

Retaining sheen: Gold, silver may continue to sparkle next financial year

What is worth observing for the Indian market is that since the last nine years, gold investors have made money each year, while in silver, gains have been consistent only in the last five years

Metals soften in FY24, crude oil hardens in the international market

Most base metals, except tin, have ended lower in the last two years

Aggrieved investors will participate in Byju's EGM on Friday morning

Aggrieved investors of edtech major Think and Learn, owner of Byju's brand, will participate in the extraordinary general meeting of the company to be held on Friday morning, sources aware of the development said on Thursday. Byju's EGM is scheduled to start at 10 AM IST on Friday to seek shareholders' approval to increase the authorised share capital of the company, following the USD 200 million rights issue. "Most of the investors, especially those who have gone to the NCLT, will participate in the EGM as it is the place to record their vote and raise issues," a source from the group of discontented Byju's investors said. A group of four investors - Prosus, General Atlantic, Sofina, and Peak XV - along with support from other shareholders, including Tiger and Owl Ventures, have approached the National Company Law Tribunal (NCLT) against Byju's EGM. The source said investors want to access the financial books of Byju's which they can get through EGM. The NCLT Bangalore bench on ..

Greek golden visa: New rules on property use, investment from March 31

From now on, investors aiming for residency rights will face heightened investment requirements, especially in high-demand areas such as Athens, Thessaloniki, Mykonos, Santorini, and other islands

EPFO adds net 1.6 mn members in January; 808,000 enroll for 1st time

Retirement fund body EPFO added a net 16.02 lakh subscribers in January 2024, according to payroll data released on Sunday. Around 8.08 lakh members were enrolled for the first time in January 2024, a labour ministry statement said on Sunday. The Employees' Provident Fund Organization's (EPFO) provisional payroll highlighted that the EPFO has added 16.02 lakh members on a net basis in January 2024, the ministry said. A noticeable aspect of the data is the dominance of the 18-25 age group, constituting a significant 56.41 per cent of the total new members added in January 2024 indicating the majority of individuals joining the organized workforce are youth, primarily first-time job seekers. The payroll data highlighted that approximately 12.17 lakh members exited and subsequently rejoined EPFO. These members switched their jobs and re-joined the establishments covered under the ambit of EPFO and opted to transfer their accumulations instead of applying for final settlement thus, ..

Offshore funds need not disclose investors in certain cases, says Sebi

In making the exemption, SEBI said the stock exchanges will have to identify the companies with no large shareholder or promoter