Page 24 - Investors

Sebi proposes separating brokers from investors' money to avoid fund misuse

Such a move will prevent misuse of client funds, brokers' defaults and the consequent risk to investors' capital, the regulator said in a discussion paper to seek views before it finalises the rule

Yen perched near 7-mth high as investors wait for policy shift at BOJ

The dollar drifted above multi-month lows on Tuesday, while the yen was perched near seven-month highs as investors held their breath for a potential policy shift at the Bank of Japan

Startup VilCart raises $18 mn from investors to expand operations

VilCart, the rural economy-focused technology startup, has raised USD 18 million (Rs 144 crore) from investors to expand operations. The company raised this amount in a Series A funding round led by Asia Impact SA. Nabventures Fund and Texterity Pvt Ltd also participated in the round, VilCart said in a statement. With the use of this fund, VilCart aims to expand its operations to the entire South India by 2024. VilCart, which was established in 2018 by Prasanna Kumar and Amith S Mali, seeks to revolutionise the rural unorganised retail industry with technology by providing quality products at a competitive price to every rural household with modern supply chain and logistic facilities. The startup has established numerous private labels to utilise the established supply chain network and provide quality products to the rural population. Currently, VilCart has reached 85,000 kirana stores in 30,000 villages, covering 29 districts in Karnataka and one each in Andhra Pradesh and Tam

Next level in AI

New tools will require careful navigation

Equity mutual funds added Rs 7,300 crore in December, shows Amfi data

Investors placed most bets on mid-cap and small-cap funds; liquid ones saw most outflows

Bourses get Sebi's approval to launch derivatives on bond indices

Sebi's decision is aimed at enhancing liquidity in the bond market. It will also give an opportunity to investors to hedge their positions

Delivery percentage improved in 2022 amid new margin norms, shows data

The upfront margins were first introduced in 2020 and the thresholds raised in a phased manner. Traders were mandated to keep 25 per cent of the margin money between December 2020 and February 2021

High portfolio yields to make debt funds an attractive option in 2023

Investors could also get the benefit of capital gains this year

Small savings are an attractive option for investors in lower tax brackets

Though debt mutual funds are currently offer yields to maturity that are marginally higher than small savings

It should be a win-win situation for both MP and investors: CM Chouhan

Madhya Pradesh Chief Minister Shivraj Singh Chouhan talks about investment scenario in the state

Record domestic inflows counter FPI pullout, keep market afloat in 2022

Mutual funds' net equity investment in 2022 highest ever at Rs 1.8 trillion; domestic investors as a whole pump in Rs 2.74 trillion

Sebi asks exchanges to set up system shielding against broker's tech glitch

IRRA service will be enabled upon the request of stockbrokers facing glitches that disrupt trading

McLeod negotiates with investors to monetise assets, infuse fresh capital

As part of the restructuring with secured lenders, debt-laden McLeod Russel India Ltd is in the process of negotiating with "multiple investors" to monetise assets and infuse fresh capital, but these talks are still in the fluid stages and nothing has been finalised, an official with the bulk tea major said. The final third credit rating of the company, which was delayed due to the Covid pandemic, is likely to be submitted by January 10, the official said. The BM Khaitan family, the existing promoters of McLeod Russel, however, still remain hopeful of retaining the management control of the company that produces 73 million kg of tea from a few dozen of gardens mostly in Assam and also in Africa and Vietnam. "We are holding talks with several investors to monetise assets and infusion of fresh capital as part of the ongoing debt restructuring. Nothing has been finalised yet. Once finalised, the plan will be put before the board of directors and then we will be able to discuss the ...

Leading firms in oil-rich Gulf region propose to invest $6 billion in UP

The investment is expected to flow in multiple sectors, including energy, retail, real estate, and electric mobility

UP to hold roadshows across states to attract domestic investors for summit

The Uttar Pradesh government will hold roadshows in the states to attract domestic industrial groups for its Global Investors Summit to be held next year, according to an official release. The state government recently sent a group of ministers on a global tour to invite foreign investors for the summit and seek investment in the state. The release said that investment commitments of Rs 7.12 lakh crore, including of Rs 4 lakh crore from the UK and the US alone, have been received ahead the Global Investors Summit to be held in February next year. After the return of the group from global tour, Chief Minister Yogi Adityanth has directed holding road shows in different states of the country for inviting investors of the country, the release said on Friday. The chief minister reviewed the preparations for organizing the Global Investors Summit with the cabinet members and senior officials on Thursday. A new team should be formed for road shows to be held within the country. Independe

Multi-country roadshows get investment intents worth Rs 7.12 trn for UP

The Uttar Pradesh government has already pulled in investment intents worth Rs 7.12 trillion through the multi-country roadshows held between December 9 and December 19

Electric bus maker PMI looking to sell stake to strategic investor/PE fund

An independent financial advisor has valued the company at Rs 2,000-2500 crore

Indonesia starts implementation of Second-Home Visa to attract investors

Indonesia's Second-Home Visa allowing foreigners to stay in the Southeast Asian country for either five or 10 years began to take effect

Gold to shine amid global recession; soft landing could play spoilsport

But it will lose sheen if the world economy achieves a soft landing

Consolidation of PSBs gives a robust base to scale: Bankers at BFSI Summit

Have better underwriting, risk magt to manage high credit growth