HDFC Bank's ADRs now trade over 10% above local shares as tax advantages and revived global interest draw foreign portfolio investors to US-listed equities
Inflow in equity mutual funds slumped to its lowest level in 13 months to Rs 19,013 crore in May, with large-cap, mid-cap and small-cap funds experiencing lowered inflows, primarily triggered by profit booking by investors. This also marks the fifth consecutive month of decline in inflow in equity funds and nearly 22 per cent drop in net inflow on a month-on-month basis from Rs 24,269 crore registered in April, according to data released by the Association of Mutual Funds in India (Amfi) on Tuesday. Despite the deceleration, May marked the 51st consecutive month of positive flows into equity-oriented schemes, reflecting sustained investor confidence. Also, systematic investment plan (SIP) contributions remained robust, registering a record Rs 26,688 crore in inflows in May, higher than Rs 26,632 crore in the preceding month. Overall, the mutual fund industry experienced an infusion of over Rs 29,000 crore in May compared to Rs 2.77 lakh crore in the preceding month. The inflow has
NHAI aims to launch a public infrastructure investment trust to allow retail investors access to highway assets and expand the overall investor base for asset monetisation
Arunachal Pradesh has attracted investment proposals worth Rs 6,357 crore through the signing of 16 memoranda of understanding (MoUs) during the Rising Northeast Investors Summit, held in New Delhi from May 23 to 24, an official statement said here. The agreements include key sectors such as agri-biofuel, afforestation, healthcare, education, information technology, tourism, and renewable energy. The MoUs were signed between the state Planning & Investment secretary, and representatives from various companies, the statement said. Among the major projects is a Rs 2,324 crore investment proposal by Agri-Biofuel Global Ltd to convert agricultural waste into aviation and maritime fuel, while Developer Group India Pvt Ltd committed Rs 1,760 crore for afforestation and carbon credit monetisation, along with additional investments for bamboo plantations. Inlamobi Pvt Ltd has proposed Rs 1,000 crore to set up a European Blue Valley Fragrances & Flavours Ayush cluster, while Medhavi ...
A Dubai brokerage firm vanished overnight, leaving Indian investors in shock and financial ruin. Here's how the scam unfolded and what authorities are now warning the public about.
Markets regulator Sebi on Friday asked investors of defaulted broker Karvy Stock Broking Ltd (KSBL) to file their claims, as the deadline of June 2 is approaching. KSBL was declared a defaulter by the National Stock Exchange (NSE) on November 23, 2020. Following this, investors were invited to submit claims against the defaulting broker, with the final date for submission set as June 2, 2025. Highlighting the urgency, Sebi, in its statement, said, "As the deadline for submitting investors' claims against default broker Karvy Stock Broking Ltd is approaching shortly, investors are advised to take note of the above deadline and are urged to file their claims before the deadline, if not lodged already." For assistance, investors can reach out to NSE by calling its toll-free number 1800 266 0050 (select IVR option 5) or by emailing at defaultisc@nse.co.in, it added. In April 2023, Sebi barred KSBL and its CMD C Parthasarathy from the securities market for seven years and also imposed a
To strengthen investor protection and promote financial inclusion and literacy, especially with new developments like the Online Dispute Resolution (ODR) platform and SCORES 2.0, markets regulator Sebi on Wednesday updated the Investor Charter for RTAs. Under this, all RTAs (Registrars to an Issue and Share Transfer Agent) are required to share the updated Investor Charter on their websites and via email to existing and new shareholders. Also, they need to display the charter prominently at their offices. Further, the Registrar Association of India (RAIN) are required to publish the Investor Charter on its website. The investor charter provides details about the activities of registrars to an issue and share transfer agents (RTAs). Additionally, these investor charters should outline the Dos and Don'ts for investors engaging with RTAs. The investor charter for RTAs outlines services such as KYC updates, transmission of shares, dividend processing, and corporate actions like ESOPs
Investors have continued to exude a high level of confidence in India's economy, the Prime Minister's policy and the country's talent, Union Minister Ashwini Vaishnaw said on Tuesday. The minister was responding to a question on investor sentiment post-India-Pakistan military standoff on the sidelines of the inauguration of a new design centre by the Japanese semiconductor company Renesas. "There is a very high level of confidence about our country's economy, about our Prime Minister's policies, about the excellent talent that we have in our country, and the way, the measured, the calibrated way by which our economy is growing," Vaishnaw said in response to question the mood of investors after heightened tension between India and Pakistan following their four-day military confrontation. "Everybody wants to come to India at a much faster pace," Vaishnaw said. The minister said that Renesas has started a new semiconductor design centre in Noida which will mark the beginning of design
Only four of the 17 sectoral indices compiled by the NSE ended with gains. The major losers were Nifty Financials, Nifty FMCG, and Nifty IT
A dynamic bond fund (DBF) can help investors navigate rate cycles effectively
Since the pandemic, the share of US and global credit markets has gradually shifted from banks in the public markets to private credit firms
After investing around $200 million in India since 2020, the VC firm is pushing deeper into Asia-now operating in Indonesia, Japan, and Singapore, and setting its sights on South Korea and Australia
Median smallcap scheme has 2.03% of its investments from top 10 investors
The market regulator also advised recognised stock exchanges to initiate action against such platforms
Capital markets regulator Sebi has disposed of 4,371 complaints in March through its grievance redressal facilitation SCORES platform. The regulator said three complaints were pending for more than three months on SCORES as of March-end involving entities Madhuveer Com18 Network Ltd and Nikhil Dayanand Baljekar. According to the Sebi data, complaints pending as on February 28 stood at 4,376. In March, the market regulator received 4,156 fresh complaints, and a total of 4,161 complaints remained unresolved as of March 31, the Securities and Exchange Board of India (Sebi) said in a public notice on April 11. The regulator also highlighted that the average resolution time taken by the entities to submit action taken reports (ATRs) in March was nine days. Under the upgraded SCORES 2.0 framework, complaints are automatically forwarded to the entity concerned, which is given 21 days to submit an ATR to the investor. If dissatisfied, investors can opt for a first-level review within 15
'It is vital for one's survival to know when to stay out of the markets,' says Zerodha's leader
The investor, which recently unveiled a plan that could deliver a cash offer of $75 per share, has said it had no intention of standing in the way of the $55 per share Nippon deal
HNIs have increasingly turned to co-location after pandemic
Haldiram's to be IPO-bound in 18-24 months
Account for 24% of investors but 33% of AUM