More companies will prefer a domestic listing as it will bring more visibility, says Atul Mehra
The Budget kept away from mood dampeners such as an increase in taxes (capital gain taxes) and even the much-feared introduction of Covid cess and wealth taxes, writes Kampani
Positive management outlook post Q2 results has tempted analysts to upgrade their rating
AIFs are Sebi-registered entities to make investment on behalf of sophisticated investors.
The company has made a special pandemic provision of Rs 123 crore for the quarter
Likhitha Infrastructure's Rs 61-crore IPO garnered nearly three times subscription. All the three IPOs close on Wednesday
Move follows default on debt to debenture holders who form 99% of the firm's liability
JM Financial Group on Thursday reported a 26.5 per cent decline in its consolidated net profit to Rs 93.61 crore for the June 2020 quarter, impacted by coronavirus-driven disruptions
During November 2013 to December 2016, the Sebi had conducted an investigation in case of alleged insider trading by Saraogi
Nearly 110 million shares of the company were issued at Rs 70 per share under the QIP programme
The company said the issue was subscribed by both domestic as well as foreign investors
The issue, rated by both Crisil and Icra, will be listed on the BSE, and is managed by AK Capital Services, JM Financial and Trust Investment Advisors.
It is reassuring to see that the deficit target was kept within expected lines and 10 per cent growth in nominal gross domestic product is projected
Experts believe the lower tax rate is a significant contributor in making India's debt market attractive to overseas investors
Sheth further said they will also be tapping the customers from those developers whom it funds now to grow the loan book
The stock had hit a 52-week high of Rs 100 on November 22
Initially the platform will be to collect fixed deposits for HDFC, Bajaj Finance, and Mahindra Finance, he said, which will be scaled up later and will work on a fee- based model
The company has appointed JM Financial as the investment banker on the deal
Atul Saraogi is son-in-law of Vimala Devi Kalantri, according to Sebi's order
The move will help lenders get a better valuation, said an official at one of the lending firms. The case is likely to come up before the NCLT Bench by middle of next month