Page 18 - Investors

NSE cautions investors against assured returns scheme by 2 individuals

The National Stock Exchange of India (NSE) on Friday cautioned investors against putting their money in any assured returns scheme offered by two individuals. The two individuals are Ujjwal Priyadarshi, associated with Share Bazaar, and Neha, associated with Tradesure. They (Ujjwal and Neha) were providing securities markets tips for trading and assuring returns on investment in stock market and also offering to handle trading account of investors by asking them to share their credentials, the NSE said in two separate statements. According to the statements, these persons are not registered either as a member or authorised persons of any registered member of the bourse. Cautioning the investors, the exchange asked them not to subscribe to any such scheme or product offered by any person or entity offering guaranteed returns in the stock market as the same is prohibited by the law. The exchange has also provided a facility to investors of "Know/Locate your Stock Broker" on its webs

Tiger Global, other investors ask India to reconsider online gaming tax

Over 100 gaming firms wrote a letter to the finance ministry last week, with a similar request, saying the tax will stifle foreign investment and put $2.5 billion already invested in sector at risk

o9 Solutions raises $116 mn from existing investors; valuation at $3.7 bn

The investment follows a period of continued performance by o9, including 55% year-over-year growth in Annual Recurring Revenue (ARR) as of Q2'23, said the statement

Are Indian startups running short on funding? Startup | Funding Winter | Business News

According to a PwC report, in H1CY23, the Indian startup ecosystem received the lowest amount of funding in the last four years. >

More money coming to New American Cricket League, says Anurag Jain

The league kicked off its inaugural season last Thursday with the Texas Super Kings beating the Los Angeles Knight Riders in Dallas

Central agency needed to curb mis-selling menace

While new-age investors require protection from finfluencers, there's also a need for a centralised agency that transcends regulatory silos and provides redress to older investors

Street signs: Micro-caps feel pinch of curbs, Netweb GMP above 65% & more

The grey market premium (GMP) for Netweb Technologies, India's largest manufacturer of supercomputing systems, is hovering above 65%

Investors prefer small-cap mutual funds; net inflow Rs 11,000 cr in Q1FY24

Mutual funds focused on small-caps have emerged as the winner with a net inflow of close to Rs 11,000 crore in April-June quarter, as fund managers struggle to create alpha in the large-cap space, and the trend is expected to continue for some time. On the other hand, large-cap space, which is yet to pick up momentum, witnessed an outflow of Rs 3,360 crore during the quarter under review, data from the Association of Mutual Funds in India (Amfi) showed. Apart from the June quarter, small-cap funds logged an inflow of Rs 6,932 crore in three months that ended in March. "The strong rally witnessed in the mid and small-cap indices in the last few months, and the fact that it is becoming difficult to create alpha in the large-cap space can be the reasons for the huge inflows into smallcap funds" Himanshu Kohli, Co-founder, Client Associates, said. The huge inflows into these funds have made fund managers more cautious in their stock selection as the valuations have become stretched, he

Weak demand for SBI perpetual bonds as investors seek higher returns

Questions around the viability and pricing of perpetual bonds resurfaced after similar securities were written off as part of the rescue of Credit Suisse in March

Adani-Hindenburg case: Sebi defends rule change on offshore investors

The Supreme Court will hear the ongoing Adani-Hindenburg case on Tuesday. The regulator has until Aug. 14 to submit its report

There's more pain ahead for S&P 500 as profit warnings loom, say investors

The biggest negative for the earnings season will be the impact of further tightening of financial conditions, said 42% of respondents

Sebi brings new dispute resolution mechanism for investors, intermediaries

Investors will now get a review by a designated body if they aren't satisfied with a resolution. If an investor is dissatisfied even with the first review, Sebi will do a second review

Promoters re-invested entire amount raised via secondary share sale: BYJU's

Edtech major BYJU'S on Tuesday said its promoters have re-invested the entire amount raised by them through secondary sale of shares in the company. According to private market intelligence firm PrivateCircle Research, BYJU's promoters -- Byju Raveendran, Divya Gokulnath and Riju Ravindran -- have together sold shares worth around USD 408.53 million in 40 secondary transactions since 2015. "The promoters of BYJU'S have reinvested the entire amounts raised from secondary sales into the business for purposes of scaling it over the years," BYJU'S said in a statement. The statement came in the backdrop of the report of the intelligence firm. PrivateCircle said Raveendran holds 15.90 per cent, whereas Divya Gokulnath and Riju Ravindran have 3.32 per cent and 1.99 per cent, respectively. "Promoters' shareholding in the company has been gradually dropping since 2016. First significant drop was between 2015-2016, when the promoters stake dipped from 71.6 per cent to 54.7 per cent and lat

Investors richer by Rs 7.90 trn in 5 days; BSE firms' valuation hits peak

Sensex gained over 2,500 points in the past five sessions

PM Modi pitches India to investors in meeting with Goldman Sachs board

The 12-member Goldman board is visiting India for its first meeting in the South Asia nation in more than a decade

Wealth management firms go beyond metros to tap post-Covid surge in demand

Investors from tier-II are increasingly roping in services of wealth managers, as they diversify beyond gold and real estate

Reasonably priced OMC stocks to gain as marketing margins may revive

Benign crude oil prices to improve margins; political considerations in the backdrop of forthcoming state and general elections are downside risks

ETF liquidity falls short despite breaching the Rs 1 trillion mark

Traded value has not risen at the same pace as the increase in assets under management

Sebi justifies 'urgent action' against Zee Entertainment in 197-page reply

In affidavit to SAT, regulator says move taken to safeguard management, protect investors and stakeholders

NSE, Maha, Moneybee Institute sign MoU to launch investor-awareness project

The institute's website says that it has been engaged in training related to finance and investments since 2007