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 ...
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
Outflow not huge but the traction seen in the later part of 2021 is waning, shows data
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
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-hungry investors have propelled shares of Nvidia Corp., which makes the chips needed for complex AI computing tasks, up by 96% this year
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