The league kicked off its inaugural season last Thursday with the Texas Super Kings beating the Los Angeles Knight Riders in Dallas
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
The grey market premium (GMP) for Netweb Technologies, India's largest manufacturer of supercomputing systems, is hovering above 65%
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
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
The Supreme Court will hear the ongoing Adani-Hindenburg case on Tuesday. The regulator has until Aug. 14 to submit its report
The biggest negative for the earnings season will be the impact of further tightening of financial conditions, said 42% of respondents
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
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
Sensex gained over 2,500 points in the past five sessions
The 12-member Goldman board is visiting India for its first meeting in the South Asia nation in more than a decade
Investors from tier-II are increasingly roping in services of wealth managers, as they diversify beyond gold and real estate
Benign crude oil prices to improve margins; political considerations in the backdrop of forthcoming state and general elections are downside risks
Traded value has not risen at the same pace as the increase in assets under management
In affidavit to SAT, regulator says move taken to safeguard management, protect investors and stakeholders
The institute's website says that it has been engaged in training related to finance and investments since 2007
The Enforcement Directorate (ED) on Friday confirmed that it has arrested Roop Kumar Bansal, promoter-director of real estate firm M3M Group, for alleged diversion of Rs 400 crore from the investors
Good Host Spaces is jointly owned by Goldman Sachs and Warburg Pincus
Over years, Sequoia invested in some of India's biggest startups, including food delivery firm Zomato and payments firm Pine Labs
Sustainable or ESG (environmental, social, and governance) focused mutual funds, which are in a nascent stage in India, have seen their asset base declining by Rs 2,020 crore in fiscal 2022-23 even as experts hope such funds will attract greater attention in coming years. ESG investing is gaining traction globally, and India is also witnessing an increased awareness and interest in sustainable and responsible investment practices. At present, there are 12 mutual fund schemes in India having ESG as their theme. "With growing concerns about environmental and social issues, coupled with regulatory initiatives to promote ESG investing, the demand for ESG funds is expected to rise in the future. As more investors recognize the potential for both financial returns and positive impact, ESG funds are likely to attract greater attention and witness further growth," Gopal Kavalireddi, Research Head of FYERS, said. Kaustubh Belapurkar, Director - Manager Research, Morningstar India, also ...