Page 17 - Investors

7 tips for pitching your business ideas to investors to start your journey

No matter how good your idea is, if you don't have the right amount of funding to invest in your business, you will hit a deadend. Here are the five tips on how to pitch your business ideas

Sebi to introduce mechanism for verification in case of demise of investors

Capital markets regulator Sebi on Tuesday announced a centralised mechanism for reporting and verification through the KYC Registration Agency in case of the demise of an investor. Also, the regulator has put in place operational norms, including the obligations of regulated entities and registered intermediaries that have interfaces with investors or account holders who are natural persons. The new framework will come into effect from January 1, 2024, the Securities and Exchange Board of India (Sebi) said in a circular. Sebi said that listed companies wishing to provide beneficial access to such a centralized mechanism to their investors holding securities in physical form can establish connectivity with KRA through their RTAs. After receiving intimation about the demise of an investor, the concerned intermediary will have to obtain the death certificate along with the PAN from the notifier or nominee and verify the death certificate through online or offline mode. If the concern

The bull case for emerging markets in 2023 is now finally shattering

Investors have also fled bonds, with both local- and hard-currency fixed income indexes sliding in the third quarter, according to data compiled by Bloomberg

Taxing rules

New angel tax norms partially address startup concerns

Small-cap funds: Existing investors should rebalance, continue SIPs

New investors planning large lump-sum investments should stagger them over 6-12 months

Nabard raises Rs 1,041 crore through India's first social impact bond

State-run entity sets coupon of 7.63% on this issue

Submit documents in PACL case by Oct-end for refunds: Sebi to investors

A high-powered Sebi committee has asked investors in PACL group's illegal schemes with claims of up to Rs 19,000 to produce original documents by October 31 to receive refunds. The panel has asked only those investors whose applications have been successfully verified to submit their original certificates. The committee, headed by former Chief Justice of India RM Lodha, is overseeing the process of disposing of properties to refund investors after verifying their genuineness. It has already initiated the process of refund in phases. The panel was set up by Sebi in 2016 following a Supreme Court order. The committee has decided to call for original PACL registration certificates from eligible investors with claims between Rs 17,001 and Rs 19,000, whose applications have been successfully verified, according to a statement published on Sebi's website on Monday. Accordingly, intimation through SMS will be sent to all eligible investors, requiring them to submit original PACL registrat

JPMorgan M&A head Aiyengar sees up to $150 billion funds focused on India

The New York-based banker pointed to India's fast-rising GDP among the attributes that make it so attractive

99% of investors expect US Federal Reserve to keep rates unchanged

According to the CME Fed Watch tool, 99 per cent of investors expect the US Federal Reserve to keep the rates unchanged at 5.25-5.50 per cent in their next meeting

Market participants look forward to the US Fed outcome for positive cues

According to the CME fed watch tool, 98 per cent of investors expect the US Federal Reserve to keep the rates unchanged

Yatra Online mobilises Rs 348 cr from anchor investors ahead of IPO

Online travel company Yatra Online on Thursday said it has mobilised Rs 348.75 crore from anchor investors ahead of its Rs 775-crore initial public offering (IPO). The company has allocated 2.49 crore equity shares to 33 entities at Rs 142 apiece, according to a circular uploaded on the BSE website. ICICI Prudential Mutual Fund (MF), Mirae Asset MF, Tata MF, Bandhan MF, Max Life Insurance, Bajaj Allianz Life Insurance, Massachusetts Institute of Technology, Morgan Stanley Asia (Singapore) Pte, Goldman Sachs (Singapore) Pte, Bofa Securities Europe SA, Societe Generale, BNP Paribas Arbitrage and Quantum State Investment Fund are among the anchor investors. The company has fixed a price band of Rs 135-142 per share for its maiden public issue, which will open for public subscription on September 15-20. At the upper end of the price band, the IPO will fetch up to Rs 775 crore. The IPO comprises fresh issuance of equity shares worth Rs 602 crore and an Offer for Sale (OFS) of up to ...

Uttarakhand to seek Rs 2.5 trn in investments at Dec business summit

Dhami said that at present a land bank of about 6000 acres is available in Uttarakhand for setting up industries in various sectors

I-T officials can seek details of ITRs filed by investors in startups

Income tax officials can seek details about ITRs filed by startup investors to ascertain if the amount invested is commensurate with the income shown in their personal ITRs, the I-T department has said. Replying to a post of former BharatPe co-founder Ashneer Grover on X on Friday, where he flagged that a number of startups have received tax notices in the last one month asking to furnish information about their shareholders, the I-T department said the Finance Act 2012 mandates that the source of funds from a resident shareholder in startup has to be also explained by an investor. "In the present case, it appears that the AO has sought to examine the genuineness of the transaction and source of investment by the shareholder-investor, to verify if the amount invested is commensurate with the income shown in the ITRs of the investors. "Alternatively, if the PANs of the investors are shared with the AO by the company, he can verify the ITRs of the investors," the I-T department ...

Vedanta Resources plans to meet investors as it faces $2 billion debt bill

The mining company has already started an exercise to identify investors in its dollar bonds that mature next January and August, as well as those due in March 2025

Trailblazing rules to boost India's ESG mkt, to attract investors: JPMorgan

India rolled out several measures over past 2 years to regulate its market for green and other assets, most recently allowing domestic fund managers to launch plans under 6 types of ESG strategies

2023 spells bonanza for IPO investors; only 1 out of 20 in the red

Avg listing day gain 34%; Avg IPO-to-date gain 46%

Crediting funds to Sebi's IPEF to be done through online mode only

To facilitate market intermediaries, the process of crediting funds to Sebi's Investor Protection Education Fund (IPEF) can only be conducted online through the regulator's website. This move will streamline the payment process and enhance accessibility for all the contributors to the fund. In July 2020, the Securities and Exchange Board of India (SEBI) had prescribed that the amounts shall be credited to the the regulator's IPEF through online mode or through a demand draft drawn in favour of the board. However, in its latest circular, the markets watchdog said that the remittances to the SEBI IPEF be made only through the regulator's website. "SEBI has opened a new bank account to facilitate market participants to make payment to SEBI IPEF. "In this regard, a link has been provided in the homepage of SEBI website (www.sebi.com) under the head 'Click here to make payment to SEBI IPEF'," it added. The intermediaries can make payments to IPEF conveniently using various payment met

I do not think it is time for investors to be fearful: First Global's Mehra

The risk of a large correction or a time to be fearful is when the market is far above the trend line, which is not the case currently, says Mehra

Uttarakhand CM Dhami unveils logo, website for investors' summit

Uttarakhand Chief Minister Pushkar Singh Dhami on Saturday unveiled a logo for the upcoming 'Global Investors Summit' here, inviting investors from all over the world to become part of the hill state's growth story. Dhami also launched a website for the event to give out details and information about the state government's policies and the different sectors in which investments can be made. The two-day summit to be held here on December 8-9 has set a target of attracting investments worth Rs 2.5 lakh crore in various sectors, including tourism and wellness, agriculture and horticulture, health and education, the chief minister said at the launch. He said there is a positive environment in the state for investments. "Not only big industrial houses and groups are keen to invest in the state but also those already here are willing to expand their activities," Dhami added. "In the consultations held with potential investors in preparation for the summit, many valuable suggestions have

China's economic slowdown alarms international leaders, investors: Report

For the first time in decades, the world's second economy is itself in trouble