Page 19 - Investors

M3M director sent to ED custody for alleged diversion of investors' funds

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

Global investors in race for student housing company Good Host Spaces

Good Host Spaces is jointly owned by Goldman Sachs and Warburg Pincus

Peak XV says confident of investor backing after Sequoia Capital split

Over years, Sequoia invested in some of India's biggest startups, including food delivery firm Zomato and payments firm Pine Labs

Investors still warming up to ESG-focussed funds; asset base drops in FY23

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 ...

Can Adani convince investors to back his capital-hungry businesses?

The utility company earlier this month announced plans to raise as much as $1 billion - one of two Adani companies looking to issue new shares for the first time since the short seller crisis

Safe-bet BAFs take the back seat as investors turn to riskier funds

Outflow not huge but the traction seen in the later part of 2021 is waning, shows data

Investors seek shelter in emerging markets as recession risk hits US

Some 61% of the 234 money managers, analysts and traders surveyed said they expect to increase exposure to developing assets in the next 12 months

Yogi govt appoints 105 Udyami Mitras to look into issues faced by investors

CM Yogi had decided to recruit Udyami Mitras to expedite the implementation of investment proposals worth Rs 35 lakh crore received by the state government through the UP Global Investors Summit 2023

AI frenzy accounts for all of S&P 500 gain this year, says SocGen

AI-hungry investors have propelled shares of Nvidia Corp., which makes the chips needed for complex AI computing tasks, up by 96% this year

Investors expect Sebi will fulfil mandate of protecting interests: Congress

The Congress on Friday said lakhs of investors expect that SEBI will faithfully fulfil its mandate of protecting their interests, and ensure transparency and accountability while probing the "opaque network of shell companies" that have allegedly funnelled crores into Adani companies. The Congress' assertion came after the Supreme Court said it may consider granting three more months to SEBI for concluding its probe into the allegations of stock price manipulation by the Adani group and lapses in regulatory disclosure, and listed a batch of PILs and plea by the market regulator on May 15. Tagging a media report on the Supreme Court's observations in the matter, Congress general secretary Jairam Ramesh said in a tweet, "Supreme Court has given time till August 15th for SEBI to submit its report on the Adani Group." "Lakhs of investors expect that SEBI will faithfully fulfil its mandate of protecting their interests, and ensure transparency and accountability while probing the opaqu

Angel Investor Arjun Nijhawan Empowers Striving Entrepreneurs To Achieve Their Goals.

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Adani group to prepay $130 mn debt in order to boost investor confidence

Billionaire Gautam Adani's group on Tuesday said it will prepay USD 130 million of debt as it looks to boost investor confidence post being targeted by a US short-seller. Adani Ports and Special Economic Zone, the ports company of the Adani Group, had last month floated a tender to buy back as much as USD 130 million of its July 2024 bonds and similar amounts in each of the next four as it looked to regain investor confidence by showing that its liquidity position is comfortable. In a stock exchange filing, APSEZ said an aggregae principal amount of USD 412.7 million was validly tendered. "Since the principal amount of notes validly tendered and not validly withdrawn on or prior to the early tender date (of May 8) exceeded the maximum acceptance amount of USD 130 million in aggregate principal amount of the outstanding notes, the company will accept such notes for purchase subject to the proration factor of 34.2649 per cent," it said. Shares of Adani group companies pummelled after

HSBC Holdings' shareholders dismiss call for strategy, dividend switch

About a fifth of voting investors backed the call for HSBC to report regularly on the possibility of carving out its Asian unit, while 19.2% supported lifting its dividend to its pre-pandemic level

Growing dominance: Domestic investors now own a quarter of markets

The share stood at 25.72 per cent at the end of the March 2023 quarter, up from 24.44 per cent in the previous quarter, according to data from Prime Database

EV ride-hailing startup BluSmart Mobility raises $42 mn from BP, others

Investors include BP Ventures, the investment arm of energy giant BP Plc that holds 20% equity

Investors must take advantage of biz-friendly environment in J&K: LG Sinha

Underscoring the important role of private sector in the growth of Jammu and Kashmir, Lieutenant Governor Manoj Sinha on Sunday asked potential investors to take advantage of the business-friendly environment developed for the industries in the union territory. The LG said that two lakh MSME units have been registered in J&K since 2020 and 38,000 micro and small enterprises are run by women. "J&K is emerging as a vibrant, fastest growing and most attractive investment destination. Today, the world is recognizing the all-round transformation taking place in Jammu Kashmir. "Renowned companies from across the country and abroad are looking forward to investing here. I welcome Industry leaders to be part of this journey, Sinha said addressing the 'north zone MSME conclave & investors meet' organised by Laghu Udyog Bharati here. He said that industrial development in J&K aims to create a more inclusive, creative and sustainable society. "The UT will play an important role ..

Big tech earnings to offer reality check to investors over AI hype

Earnings misses on already revised-down estimates could threaten stock prices even as any guidance updates are scrutinized by the market

KKR sees India, South Korea as sweet spots amid realty crisis: Report

Real estate investment vehicles overseen by KKR and its rivals like Blackstone Inc. have come under pressure, with many investors requesting their money back

Gold ETFs inflow declines 74% to Rs 653 cr in FY23 on profit booking

Inflow in gold exchange-traded funds (ETFs) dropped 74 per cent year-on-year to Rs 653 crore in 2022-23, mainly due to profit booking in this asset class and investors' preference for equities. However, the asset base of gold ETFs and investors' account or folio numbers increased in the last fiscal, data from the Association of Mutual Funds in India (Amfi) showed. Most of the investors are still preferring equity-oriented mutual funds over the other asset, with the segment registering a net inflow of over Rs 2 lakh crore in FY23. Also, investors have redeemed their investments in gold in favour of other asset classes. According to data available from the Association of Mutual Funds in India (Amfi), 14-gold linked ETFs have seen an inflow of Rs 653 crore in the fiscal year that ended on March 31 this year. This was way below than Rs 2,541 crore inflow seen in the segment in 2021-22 and Rs 1,614 crore in 2019-20. Before that, gold ETFs witnessed outflows of Rs 412 crore in 2018-19, R

Investors put $538 billion into cash funds over eight week: BofA

BofA, citing EPFR data, said investors put $51.6 billion into money market funds in the week to Wednesday as the outsized flows continued