At a time when Tamil Nadu is preparing to attract fresh investments with a global investors meet next month, the summit, held in Chennai, showcased the state's growth story and plans for the future
Investors on Monday were mostly chasing stocks which offer some value vis-a-vis their peers
The market regulator said that accreditation agencies will be able to grant certification solely based on the Know-Your-Customer (KYC) and financial information of the applicants
The demand for TMT rebars in India will continue to grow over the next three to four months, a senior industry executive has said. There is a good demand seen from the construction, housing, and infrastructure segments, where new projects are coming up all over the country, Ashish Anupam, Vice President - Long Products at Tata Steel Ltd, said. Besides, there is consistency in government policies. So, sentiments are also high among the investors, he added. "I am very bullish for three reasons. Firstly, the festive season is over, workers are back to work. The monsoon is also over. This is the best time for construction because there is no heat and all as well. Next three to four months, I am more bullish from the demand side. Prices, I can't say as it depends on raw materials," he told PTI. According to market research firm BigMint (formerly SteelMint), the TMT prices through blast furnaces have fallen from Rs 56,700 a tonne in September to Rs 55,900/tonne in November. The TMT rebar
Dry powder refers to the cash reserves maintained by corporations, private equity funds, and individual investors for strategic investments or during an economic downturn
Investors who pooled money were issued senior securities, earning them interest
The sleep and sitting solutions firm has plans to open a total of 100 stores in the next six months, reinforcing its Pan-India presence across Tier I and Tier II markets
Power-to-port conglomerate's mcap nears Rs 12 trillion
IAN Alpha Fund has a corpus of Rs 1,000 crore and is registered with Sebi under AIF Category II
Generative AI is a type of artificial intelligence technology that can produce various types of content, including text, imagery, audio and synthetic data
Such behaviour leads to chasing funds that are past peak performance
Global stocks have surged since the end of October as data has shown U.S. inflation is cooling faster than expected
Some believe the secondary market performance could be subdued in the immediate term as the five IPOs are expected to block liquidity until mid next week
In a message to OpenAI employees on Tuesday, Peter Deng, a vice president of product, said that "we decided that the best way to channel our energy" is developing products
OpenAI said OpenAI said it's in "intense discussions" to unify the company after another tumultuous day that saw most employees threaten to quit if Sam Altman doesn't return as chief executive officer
Madhabi Puri Buch says 'odds against winning' in short-term
Facebook co-founder Dustin Moskovitz, also chief executive officer of project-management software maker Asana Inc., called on the billionaire to resign
On a year-on-year (Y-o-Y) basis, venture financing in the country fell from $3.3 billion in Q3CY22, according to data from KPMG's Venture Pulse Q3 2023 report
Investors overweight on small- and mid-cap funds may consider booking profits there and allocating to these funds
Capital markets regulator Sebi on Wednesday came out with detailed procedures for dealing with unclaimed funds of investors lying with entities having listed non-convertible securities, REITs and InvITs. Also, the regulator has put in place a manner of claiming such unclaimed amounts by investors. The new framework will come into effect from March 1, 2024, the Securities and Exchange Board of India (Sebi) said in three separate circulars. The move is aimed at prescribing a uniform process of claim for such unclaimed funds in a streamlined manner for the ease and convenience of investors. This came after the board of Sebi in September approved amendments to rules about the IPEF (Investor Protection and Education Fund) disclosure, real estate investment trusts (REITs), and infrastructure investment trusts (InvITs). Going by circulars, Sebi has defined the manner of handling the unclaimed amounts lying with REITs, InvITs, and in the escrow accounts of the listed entities (which are n