Page 3 - Securities

BlackRock halts purchases of Russian securities in active and index funds

BlackRock Inc, the world's largest asset manager, said it had halted purchase of all Russian securities in its active and index funds as of Monday after Russia's invasion of Ukraine

SC stays SAT order directing Sebi's AO to appear before it

A bench of Justices Vineet Saran and Aniruddha Bose issued notice on an appeal filed by the Securities and Exchange Board of India

ICICI Securities profit after tax up 42% to Rs 380 crore in Q3

The company had posted a PAT of Rs 267 crore in the corresponding quarter of the preceding financial year, ICICI Securities stated

NSEIL settles case with Sebi; pays Rs 4.87 crore as settlement fee

It was alleged that NSEIL functioned as a STP centralised hub without obtaining the renewal of approval from Sebi

Bull run in equities to continue for few more years: ICICI Securities

The relative outperformance of midcap stocks is in mid-cycle of multi year bull phase, and is expected to get further amplified

BS Number Wise: An unclaimed market fortune

The value of unclaimed securities and other assets was nearly Rs 20,000 crore in March 2020. It could be just the tip of a capital market iceberg

Litigations delay asset sale process of debt-ridden Reliance Capital

Reliance Capital had a debt of Rs 26,887 crore on a consolidated level as on fiscal year ended March this year

Arihant Superstructures to raise up to Rs 500 core through securities

Realty firm Arihant Superstructures Ltd plans to raise up to Rs 500 crore through issuance of securities. In a regulatory filing, the Mumbai-based firm said the board of directors approved raising of up to Rs 500 crore by issuance of securities. The issue of securities could be through private placement, preferential issue, qualified institutions placement (QIP), follow-on public offering ("FPO"), or a combination thereof. The proposed fundraising is subject to shareholders' approval and other regulatory approvals. The shareholders' approval would be obtained through Extra-Ordinary General Meeting in due course. The board of directors has also constituted a fundraising committee for this purpose.

Sebi probed 94 new cases for flouting securities law in FY21

As many as 94 fresh cases pertaining to flouting of securities norms were taken up for investigation by Sebi in 2020-21, a decline of 42 per cent from preceding financial year, as per latest report.

Securitised pool collection ratios dip during second Covid wave: Crisil

Rating agency Crisil Ratings Wednesday said collection ratios in securitised pools have seen a dip during the second wave of the Covid-19 pandemic.

Investors to get option to block securities in demat accounts: Sebi

Investors will soon have the option to block securities on their respective demat accounts for sale transactions apart from the existing early pay-in mechanism.

West Bengal govt raises Rs 10,500 cr in Q1 FY22 via state loan auctions

The West Bengal government raised Rs 10,500 crore in the first quarter of the current financial year through auctions of state securities and state development loans, as per official data

Ahead of Rs 10K-cr G-Sap, states see debt cost falling 20 bps to 6.75%

The weighted average cost of borrowing for the states has fallen by 20 bps over the past week to 6.75 per cent at the latest auctions.

Tata Motors board approves proposal to raise up to Rs 500 cr via securities

Tata Motors on Monday said its board has approved a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis

US Court says Xiaomi no more Chinese military company; lifts securities ban

Global conglomerate Xiaomi said that a court in the US has formally vacated the Department of Defense's designation of Xiaomi as a "Communist Chinese Military Company"

G-SAP: Second tranche of bond buying worth Rs 35k cr on May 20, says RBI

The RBI had said on May 5 that it will buy Rs 35,000 crore bonds from the market, including the benchmark 10-year bonds

PC Jeweller case: Sebi bars 4 individuals, 1 entity from securities mkt

Sebi on Tuesday imposed a total fine of Rs 1 crore on four individuals and an entity as well as barred them from the securities market for one year in a case of alleged insider trading activities

RBI rejects 10-year bids, leaving short sellers scrambling for cover

Brings down yield to 6.08%, down 4 bps from last close

Negative real interest rate for savers behind RBI's govt bond buying plan

Central bank acknowledges further interest cuts unlikely as a recent rollback of small savings rate cut showed.

Sebi bars Profit Money Advisor, its proprietor from securities market

Sebi on Thursday barred Profit Money Advisor and its proprietor from the securities market for carrying out unauthorised investment advisory activities