Page 8 - Investors

Activist investor Starboard Value acquires $1 billion stake in Pfizer

Read served as CEO until Albert Bourla took the position in 2019. Bourla was instrumental in working with BioNTech to develop a COVID-19 vaccine

Role models like Rakesh Jhunjhunwala inspire new investors: Hiren Ved

Now, the focus has shifted from creating investor intent through education to enabling easy execution via digital channels

UK PM Starmer to meet sceptical investors in attempts to woo them

Years of Brexit-linked political chaos may have ended with his Labour Party's big election win, but the near-collapse of utility Thames Water has unsettled investors

REC witnesses hefty investor demand for rare corporate bond issue

The non-banking financial company raised Rs 5,000 crore ($596.7 million) through a deep-discount zero-coupon bond at a yield of 6.25 per cent

Investors must temper return hopes after stellar equity run: Jaipuria

He shares that his focus remains on finding companies that fit their 'U's' philosophy - undervalued, underowned, and undiscovered

Odisha to hold investors' meet in January, eyes Rs 2.5 trn by 2029

The state Cabinet has approved investment proposals worth Rs 44,682 crore, achieving 90 per cent of the annual target

Indian investors paying hefty premiums to invest in China markets

Only two ETFs with China exposure available in domestic markets going at a premium

India, Uzbekistan sign investment treaty to boost investor confidence

India and Uzbekistan on Friday signed the Bilateral Investment Treaty (BIT) aimed at boosting the confidence of investors of both the countries. The BIT between the Indian government and the government of Republic of Uzbekistan was signed by Finance Minister Nirmala Sitharaman and Khodjayev Jamshid Abdukhakimovich, Deputy Prime Minister of Uzbekistan, at Tashkent. The BIT between India and Uzbekistan assures appropriate protection to Uzbekistan investors in India and Indian investors in the Republic of Uzbekistan, in light of relevant international precedents and practices, an official statement said. It will increase the comfort level and boost the confidence of investors by assuring a minimum standard of treatment and non-discrimination, while providing for an independent forum for dispute settlement through arbitration, it said. The treaty also provides for protection to investments from expropriation, provides for transparency, transfers and compensation for losses, it ...

Rajasthan govt goes all out to woo investors for December summit

The 3-day mega event aims to attract and facilitate global investment, innovation, and partnerships in the state

Edtech startup Physics Wallah's valuation crosses $2.8 bn with new funding

$210 mn Series B funding round led by Hornbill Capital; Physics Wallah will use funding to expand reach

Why are Indians rushing to buy property in Greece?

Lately, there’s been a surge in Indian investors purchasing properties in Greece. Why is that so? Watch the video to find out.

7-Eleven parent's new security rating won't affect a buyout: Japan minister

Seven & i this month rejected a $38.5 billion offer from Circle-K owner Couche-Tard, citing concerns about price

Buying home, investing in equal-weight index: Top personal finance stories

This week we report about the financial planning needed to buy a home and what investors must consider about equal-weight indexes

Playbook Partners marks first close of maiden $250 mn growth fund

In response to strong institutional investor interest, the fund is using the green-shoe option and can grow up to $250 million, Playbook Partners said

Bajaj Housing Finance raises Rs 1,757 crore from anchor investors

At the upper end of this price band, Bajaj Housing is valued at a price-to-book ratio of 3.2 times on a post-money basis

SC junks plea over impact of exit polls on investors during LS elections

The Supreme Court bench, comprising Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra, described the PIL as a 'political interest litigation'

Investors lose Rs 4.12 trillion during morning trade as markets slump

Investors' wealth plummeted by Rs 4.12 lakh crore during the morning trade on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tanked 896.7 points or 1.09 per cent to 81,304.46 during the morning trade. The BSE benchmark had hit its all-time high of 82,725.28 on Monday. Following the weak trend in equities, the market capitalisation of BSE-listed firms slumped Rs 4,12,152.83 crore to Rs 4,61,56,748.42 crore (USD 5.50 trillion) during the morning trade. Among the 30 Sensex firms, State Bank of India, HCL Technologies, Reliance Industries, Adani Ports, Larsen & Toubro and Mahindra & Mahindra were the biggest laggards. Bajaj Finance, Asian Paints and Hindustan Unilever were the gainers. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower. The US markets ended mostly in the negative territory on Thursday. Foreign Institutional ...

Brigade Enterprises raises Rs 1,500 crore by selling shares via QIP

Bengaluru-based Brigade Enterprises has raised Rs 1,500 crore by selling equity shares to institutional investors as part of its strategy to expand business. The company on September 2 launched its qualified institutional placement (QIP) issue to raise funds. The issue closed on September 5. In a regulatory filing on Friday, Brigade Enterprises said a committee of directors approved the allotment of 1,30,43,478 equity shares to eligible qualified institutional buyers. The shares were allotted at an issue price of Rs 1,150 per equity share. Hence, the company raised Rs 1,500 crore through the QIP route. The shares were issued at a discount of 1.26 per cent of the floor price of Rs 1,164.70 per equity share. In March, Brigade Enterprises had taken shareholders' approval to raise funds through the issue of securities up to Rs 1,500 crore. Brigade Enterprises is one of the leading real estate developers in the country with a significant presence in south India. Last month, Brigade

Demat accounts hit fresh high in August, surpass 171 million mark

Despite market volatility, 4.2 mn accounts added in Aug

Prestige Estates raises Rs 5,000 crore by selling equity shares via QIP

Realty firm Prestige Estates Projects Ltd has raised Rs 5,000 crore by selling equity shares to institutional investors through private placement. The company had on August 29 launched its Qualified Institutional Placement (QIP) to raise funds. In a regulatory filing on Wednesday, Prestige Estates informed that a fundraising committee of the board approved the allocation of 2,98,68,578 equity shares at an issue price of Rs 1,674 apiece to eligible institutional investors. The issue price was at a discount of 4.62 per cent on the floor price of Rs 1,755.09 per share fixed by the panel. In July, the company had taken approval of its shareholders to raise capital by way of public or private offerings including through a QIP to eligible investors through an issuance of equity shares or other eligible securities for an amount not exceeding Rs 5,000 crore. Bengaluru-based Prestige Estates is one of the leading developers of the country, with a significant presence in the south Indian ..