Page 30 - Investors

New Sebi rules may pull the rug out from India's bid to boost bond market

Opening up India's corporate bond market is an important part of Prime Minister Narendra Modi's pledge to almost double the size of the economy to $5 trillion by 2025

Ladder your fixed deposits to avoid the risk of reinvestment: Experts

Debt fund investors should keep the bulk of their investments in shorter-duration funds, 10-20% in longer-duration ones

Why Zomato's pre-public offer investors are rushing to the exit door

Though stock has crashed 65% from peak, most pre-IPO investors are in-the-money even at beaten-down valuations

Tesla investors clear 3-for-1 stock split amid shares rally since late May

The split will bring Tesla's shares down to the $300 range, but the Austin, Texas based-company did not immediately specify as of when it will take effect

1,500 acres in UP on offer for investors ahead of global summit next year

According to UP industrial development minister Nand Gopal Nandi, the government will utilise the swathes of defunct textile mills, estimated to be almost 1,500 acres, for fresh allotment to investors

Engineering company Fabrication Bazar raises Rs 7 cr in seed round

Fabrication Bazar, which was founded in 2016 by Dwaipayan Dutta and Mohit Garg, has developed a cloud fabrication and tracking platform for manufacturing

India open to investments from everywhere in edu sector: Dharmendra Pradhan

The government is working with a 2030 timeline for the education sector, to augment its quality, capacity and infrastructure, keeping sight of its demographic advantage, Pradhan said

I-T dept likely to make PAN mandatory for cryptocurrency investors

I-T dept plans to seek statement of transactions from crypto exchanges

Smallcap World Fund buys 554,000 shares of Mastek for Rs 117 crore

Smallcap World Fund Inc on Monday purchased 5.54 lakh shares of IT company Mastek Ltd for Rs 117 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Smallcap World Fund Inc bought 5,54,883 shares of the company. The shares were acquired at an average price of Rs 2,109.96 apiece, valuing the transaction size at Rs 117.07 crore. Meanwhile, Ashish Kacholia sold 5.50 lakh shares of Mastek for Rs 2,110 per scrip. Shares of Mastek closed 3.55 per cent higher at Rs 2,175.50 on NSE. In a separate transaction, ace investor Ashish Kacholia bought 3.72 lakh shares of petrochemical company Agarwal Industrial Corporation Ltd for Rs 19 crore through an open market transaction. Kacholia acquired 3,72,128 shares of the company at an average price of Rs 505 apiece, showed the bulk deal data available with the NSE. This took the transaction value to Rs 18.79 crore. Shares of Agarwal Industrial Corporation closed 15.13 per ce

Despite headwinds, Jefferies recommends buying Zomato stock. Here's why

With the sharp fall in its share price since listing, analysts at Jefferies suggest long-term investors 'buy' the stock

Zomato slumps 11%, closes at new low of Rs 47.55 as one-yr IPO lock-in ends

Start-ups with no 'promoter' may face pressure

Yogi 2.0 to showcase MSME bandwidth at UP Global Investor Summit 2023

UP is setting its sights on Rs 10 trillion in fresh investment from domestic and multinational companies at the high-ticket event

FitterFly raises $12 mn in series A funding led by Amazon Smbhav, Fireside

The funds raised will be used to increase Diabefly's reach, their digital therapeutics and clinically-proven programme to prevent, manage and reverse diabetes

Invest Rajasthan meet in October likely to attract Rs 10-trn investment

Chief minister Ashok Gehlot said that Rajasthan has great potential for investors, adding that the positive atmosphere here attracts investors from all over the country and the world

Temasek bullish on Indian start-ups, renew energy despite slowdown overseas

Top executives of Temasek, which has doubled its India portfolio in the past five years to $16 billion, said the fund made several successful exits from India in FY 22

SC sets aside Patna HC order summoning Sahara group chief Subrata Roy

The High Court (HC) had asked Sahara to convey a plan for refunding the matured deposits of investors

Led by new-gen investors, mobile trading accounts for a fifth of trades

Higher smartphone penetration and lower data charges are powering this trend, say industry players

CoinSwitch appoints former Myntra VP as head of crypto engineering

Sudheer Tumuluru joins CoinSwitch from Myntra where he was VP-engineering. With two decades of experience, he has built cloud, Big data and infrastructure platforms at tech firms in India and US

Sebi extends last date for implementation of new pledging system to Sept 1

Earlier deadline was July 1; Move follows request by depository firms tasked with readying the backend for the new system for extension as the "changes to the systems are still under process"

Avoid sector, thematic funds; stick to diversified equity offerings

Among sector/thematic funds, technology funds are on average down 23.4 per cent year-to-date