Karbonsteel Engineering has allocated slightly over 1.06 million equity shares to 10 investors at a price of ₹159 per share, taking the total transaction value to ₹16.86 crore
Sebi on Friday issued a circular to streamline the process for surrendering KYC registration to ensure an orderly winding down of such agencies' operations while safeguarding investors' interests. In a circular issued on Friday, the Securities and Exchange Board of India (Sebi) said the framework is necessary to deal with voluntary exits by KRAs due to business decisions and involuntary exits triggered by financial distress or regulatory action. "It is decided that the process for surrender of KRA registration should be streamlined for voluntary/involuntary scenarios so that critical operations and services of KRA are wound down in an orderly manner," the regulator said. According to the framework, the Know Your Client (KYC) Registration Agencies (KRAs) are required to maintain interoperability and portability of investor KYC records. Under the new norms, the regulator said KRAs surrendering their registration will be required to transfer all KYC records, including modifications an
Sebi warns investors about fraudsters using its logo and letterhead to impersonate officials, asking for payments related to compliance services and penalties
Clients of Zerodha faced a brief technical glitch on Wednesday morning that affected price updates on its app, though the broker said order placement and web trading were not impacted
The Bihar government on Tuesday announced a new policy under which free land and interest subvention of up to Rs 40 crore would be provided to those investing in the industrial sector. Chief Minister Nitish Kumar asserted that the 'Bihar Industrial Investment Promotion Package 2025 (BIPPP-2025)' will boost industrial growth in the agrarian state and provide jobs to around 1 crore youth over the next five years. "To encourage industries in Bihar, the government has implemented the new Bihar Industrial Investment Promotion Package 2025 (BIPPP-2025) after the BIADA Amnesty Policy 2025. Under this, interest subvention of up to Rs 40 crore will be provided to the investors," he said in an X post. The new policy was approved by the state cabinet in a meeting chaired by Kumar during the day. "Under the new industrial package, free land allocation will be done to promote investment. Industrial units investing more than Rs 100 crore and creating more than 1,000 direct jobs will be allocated
There's only one RA per 73,000 investors now, as against one per 44,000 before pandemic
Markets regulator Sebi on Thursday announced the launch of an investors' awareness campaign on All India Radio (AIR) specifically on frauds related to the securities market taking place through social media platforms. Also, Sebi in collaboration with the Ministry of Panchayati Raj has launched a nationwide training initiative for block-level panchayat representatives to promote financial literacy and investor education at grassroots level. In a statement, the regulator said the aim of the awareness campaign is to "caution investors to protect themselves from fraudsters, to curb fraudulent activities taking place on social media platforms, and to protect the interest of investors". To launch this campaign, the first session by Sebi Chairman Tuhin Kanta Pandey would be aired on August 15 on All India Radio channels, which has PAN India reach. The move comes in the backdrop of Sebi observing that a lot of investors losing money through stock trading fraud on various social media ...
The Cyprus-based betting platform is accused of duping investors with high-return promises, generating over ₹3,000 crore annually, and routing funds via mule accounts
Sebi's latest consultation paper has proposed gradual transition from the traditional minimum commitment threshold to using only accreditation status as the metric for investor sophistication in AIFs
Growing expenses have also started to take a bite out of AWS's margins, the business that has long been Amazon's profit engine, accounting for about 60 per cent of its operating income
Aditya Shankar, Co-founder of Centricity WealthTech, shares how he built a $125 million WealthTech firm, lessons from corporate life, and what it’s like to have MS Dhoni and Ritesh Agarwal as investor
Under the SCORES 2.0 mechanism, complaints are automatically forwarded to the respective entities, which are required to respond within 21 days
The net inflow into equity mutual funds surged 24 per cent to Rs 23,587 crore in June, reversing the declining trend of the last five months, driven by strong equity market performance across segments, data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 52nd consecutive month of net inflows into the segment. Additionally, a healthy growth was witnessed in SIP (Systematic Investment Plan) inflow at Rs 27,269 crore during the month under review, an increase from Rs 26,688 crore in May. "There is confidence amongst retail investors which is reflected through the incremental flows, this is very healthy and positive for the industry and Indian markets," Akhil Chaturvedi, Executive Director & Chief Business Officer of Motilal Oswal AMC, said. According to the data, equity-oriented mutual funds saw an inflow of Rs 23,587 crore in June, way higher than the Rs 19,013 crore inflow seen in May. This was .
HSBC's 2025 report reveals affluent Indian investors are moving away from cash holdings in favour of gold, alternatives, and global markets to meet long-term financial goals
Equity investors became richer by Rs 12.26 lakh crore as stock markets surged for the fourth day in a row on Friday amid de-escalation in geopolitical tensions and softening crude oil prices in international markets. On Friday, the BSE benchmark Sensex climbed 303.03 points or 0.36 per cent to reclaim the 84,000 level and settled at 84,058.90. During the day, the Sensex jumped 333.48 points or 0.39 per cent to 84,089.35. In the past four days, the benchmark has jumped 2,162.11 points or 2.64 per cent. Tracking optimism in equities, the market capitalisation of BSE-listed firms soared by Rs 12,26,717.72 crore to Rs 4,60,09,217.58 crore (USD 5.38 trillion) in four trading days. "Benchmark indices Nifty and Sensex closed on a firm footing in the green on Friday, capping off the week with robust gains. The rally was underpinned by de-escalation in geopolitical tensions post the Israel-Iran ceasefire and growing optimism surrounding a prospective US-India trade pact, which acted as key
The growing demand for hybrid funds may indicate the huge popularity of equity investments is starting to wane in the world's most populous economy
IndiaBonds.com, a Sebi-registered online bond platform provider, on Wednesday said it has raised Rs 32.5 crore (USD 3.77 million) in its first external funding round. The round was led by a curated group of marquee individual investors from the investment and technology sectors, many of whom bring deep experience and strategic insight in scaling financial and digital platforms, it said in a statement. This milestone marks a significant step forward for the company, which has been entirely bootstrapped for over four years driven solely by the personal capital of its founders Aditi Mittal and Vishal Goenka, it added. "This round allows us to continue on a high growth trajectory, and we are only likely to look at institutional funding from sometime next year," Vishal Goenka, Co-Founder of IndiaBonds, said. IndiaBonds offers a seamless digital platform for retail and institutional investors to discover, assess, and invest in a range of fixed income products, including corporate bonds,
The MF assets under management (AUM) at Rs 72.2 trillion is almost a third of the total bank deposits of Rs 232 trillion in May 2025
Narayan pointed out the rapid growth of India's securities market ecosystem, which has expanded from 4.2 crore unique investors in March 2020 to 13 crore at present
With silver outperforming gold and industrial demand rising, silver ETFs have drawn higher inflows than gold ETFs for three consecutive months, Amfi data shows