Page 8 - Investors

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 ..

Sebi may notify tighter F&O norms soon; aims to curb investor losses

New rules likely to be issued without taking it up with the board

54% IPO shares allotted to investors sold within a week, shows Sebi study

A study by markets regulator Sebi highlighted flipping behaviour among investors in the initial share-sale market with investors (excluding anchor) selling 54 per cent of IPO shares allotted to them by value within a week. The study found a strong disposition effect (tendency to prematurely sell assets that have made financial gains) with investors showing a greater propensity to sell IPO shares that posted positive listing gains, compared to those that listed at a loss. In light of the increasing participation of retail investors and the heightened oversubscription in recent IPOs, the Securities and Exchange Board of India (Sebi) conducted an in-depth study to analyze investor behaviour in main-board IPOs. The study encompasses data from 144 IPOs listed between April 2021 and December 2023. During the study period, 144 IPOs collectively raised a total of Rs 2.13 lakh crore. Notably, 65 per cent of the total issue size was Offer for Sale (OFS), through which the pre-existing ...

August freeze: Cash turnover caught in valuation cold snap, shows data

But derivatives trading turnover thaws, rising as investors warm up to short-term bets

ED restitutes Rs 19.40 crore to defrauded investors of Rose Valley Group

Rose Valley Group had amassed substantial deposits from the public under false/fraudulent promises of high returns

Passive funds, luxury bedding: Top personal finance stories of the week

Our newsletter this week tells you how to invest in passive funds and where to find luxury bedding

Nvidia's quarterly forecast fails to impress investors, shares fall

The revenue and gross margin forecast for the current quarter were not far from analysts' expectations

Bikaji says 'not for sale' amid investor interest in domestic snacks market

Bikaji is not for sale. Whatever price someone offers, there are certain things that are not for sale, Chief Operating Officer Manoj Verma said earlier this month

HouseEazy raises $7 mn in series-A round from investors to grow business

HouseEazy, a marketplace for resale homes, has raised USD 7 million from investors to grow its business. In a statement, HouseEazy said the company has raised USD 7 million in a series-A funding round. This round was a mix of equity and debt led by Chiratae Ventures and saw participation from Alteria Capital and existing investor Antler, it added. The company had previously raised the seed financing round 7 months back in December 2023. The funds will be used to fuel the organisation's growth across new geographies in NCR, strengthening brand presence, team expansion and product enhancement, HouseEazy said. Tarun Sainani, Co-founder, HouseEazy, said, "In the primary market, the real estate developer typically serves as the anchor, but no single player was addressing all the needs of resale buyers and sellers. These transactions were traditionally conducted with multiple stakeholders, leading to inherent risks and lengthy closure times." "We've completely re-engineered the process