Mandates Morgan Stanley to find lead investor; funds to be used for M&As
On Wednesday, Ruchi Soya allotted shares worth Rs 1,290 crore to anchor investors at Rs 650 apiece
The market is still pretty with two-year returns for Nifty at 2.3 times, while the Nifty Midcap 100 and Smallcap 100 were up a sharper 2.7 times and 3.1 times, respectively.
With pandemic-led lockdowns accelerating digital transformations across enterprises, demand for cloud has jumped
With IPO deals drying on the mainboard, high net-worth individuals (HNIs) and savvy investors have shifted their focus on small and medium enterprises (SME) at bourses.
Bourse had hit 10 million mark in February 2008 and 50 million in May 2020
Distribution yields could go up but risk of covid infection, interest rates remain
Long-term story remains good and valuations attractive, but near-term overhangs may keep stock prices subdued
Report sats 5.9 million women investors hold 14 million folios and assets under management of Rs 4.5 trillion
Investors' wealth has tumbled by over Rs 11.28 lakh crore in four days, tracking a heavy decline in equities amid intensifying conflict between Russia and Ukraine
Since it was thrown open to investors in last November, the platform has logged 148 trades and registered 180 users, including NRIs and resident Indians
Investors' wealth tumbled by more than Rs 4 lakh crore in morning trade on Friday as markets suffered a steep decline. Continuing its decline for the second day, the BSE gauge plummeted 1,148.05 points or 2 per cent to 53,954.63. Tracking decline in equities, the market capitalisation of BSE-listed companies plunged Rs 4,09,554.44 crore to Rs 2,46,96,434.57 crore in morning deals. Asian Paints, Maruti Suzuki India, Hindustan Unilever, Titan and M&M were the biggest drag in morning trade, tumbling up to 6.8 per cent. In the previous session, the 30-share BSE index finished 366.22 points or 0.66 per cent lower at 55,102.68. "The war and surge in crude have completely transformed the economic scenario and market expectations. If the war prolongs, global economic growth may be impacted," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
As the equity markets bounced back on Thursday after a steep decline in the previous session, investors' wealth grew by Rs 1.99 trillion in early trade.
Ashneer Grover's family and their relatives engaged in extensive misappropriation of company funds, including creating fake vendors through which they siphoned money, says company in statement
Given volatility, choose stocks within IT, FMCG, health care space, say experts
'I am the rebel slave who must be hung by the tree so none of the other slaves can dare to be like me ever again,' says co-founder of fintech unicorn BharatPe, Asheer Grover in resignation letter
They are less likely to invite punitive action and hence can be rewarding, but lack track record
Potential conflicts of interest issues are taking centre-stage in the IPO roadshows that began last week and are expected to go on till the end of the month
Total assets under management in the open-ended equity fund space on December 2021 were Rs 13.33 trillion, up almost 47% over the year-ago period
The round brings the Chennai and Palo Alto-based start-ups's total funding to date to $610 million