JSW Infrastructure, the ports business of Sajjan Jindal-led JSW Group, is planning to list the firm on Indian bourses by September-end after it received Sebi approval to raise `2,800-crore through an Initial Public Offering (IPO). The initial stake sale, slated to open by the last week of this month, would be the first IPO from […]
Dalit woman raped, hanged by cop in UP’s AgraDalit woman raped, hanged by cop in UP’s Agra
A 25-year-old Dalit woman was allegedly raped and strangled by a Uttar Pradesh Police Constable posted in Agra. Her body was found hanging from the ceiling of the policeman’s rented room on December 29. According to the police, the woman had visited the constable’s rented room in Agra a day before the incident, PTI reported. […]
Rishabh Instruments stock ends on muted note in debut tradeRishabh Instruments stock ends on muted note in debut trade
Shares of energy efficiency solution company Rishabh Instruments Ltd ended on a lacklustre note on Monday, the first day of trade.The stock began the trade at Rs 460, up 4.30 per cent from the issue price of Rs 441 on the BSE. During the day, it jumped 6.49 per cent to Rs 469.65. Shares of […]
Fund managers advise caution as investors chase higher returnsFund managers advise caution as investors chase higher returns
Investors seem to be betting on riskier asset classes for higher returns, with continued net outflows from large-cap equity funds since the past three months. Net outflows stood at Rs 5,291 crore for May-July.In contrast, investments in small-caps have been rising, with a combined Rs 12,925 crore in net inflows during May-July. Net inflows came […]
Institutional investments in Indian real estate remains steady with 10% YoY rise in 2023, foreign investments retain dominanceInstitutional investments in Indian real estate remains steady with 10% YoY rise in 2023, foreign investments retain dominance
Institutional investments in the Indian real estate sector maintained a steady momentum at $5.4 billion, up 10 per cent YoY during 2023, said a report by Colliers India. The year witnessed the highest levels of investment inflows since 2020 showcasing India’s resilience despite uncertainties in global markets otherwise. While foreign investments, it added, retained their […]
Sebi extends timeline till September 2025 for investment advisers to comply with qualification, experience ruleSebi extends timeline till September 2025 for investment advisers to comply with qualification, experience rule
Capital markets regulator Sebi on Wednesday extended the timeline by two years till September 2025 for compliance with enhanced qualification and experience requirements for investment advisers. At present, individual investment advisers, principal officers of non-individual investment advisers, and persons with investment advisers and associated with the work, were required to comply with enhanced qualification and […]
Will Nifty reclaim 20000 or fall further in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opensWill Nifty reclaim 20000 or fall further in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded up 23.5 points, or 0.12%, at 19,698.50, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. On Thursday, the NSE Nifty 50 slipped 17.35 points or 0.09% to settle at 19,794, while the BSE Sensex shed 64.66 points to 66,408.39. “The underwhelming result of the IT […]
Oil prices rise as supply concerns outweigh demand fearsOil prices rise as supply concerns outweigh demand fears
Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global oil supply outweighed fears that further possible U.S. interest rate hikes could dent fuel demand, but they were still headed for a weekly loss in four. Brent futures for climbed 21 cents, or 0.2%, to $93.51 a barrel […]
Stocks to watch: Zomato, L&T, Sun Pharma, LTIMindtree, Schaeffler IndiaStocks to watch: Zomato, L&T, Sun Pharma, LTIMindtree, Schaeffler India
Here is a look at some of the top stocks to watch out for in trade today- Zomato: A Tiger Global-backed VC fund, Internet Fund III offloaded 1.43% stake via a block deal on Monday. At Rs 91 a share, the deal value amounted to Rs 1,115 crore. The stock closed Monday’s trade up 1.5% […]
Interim Budget to stick with fiscal glide path, target 5.2% deficit in FY25Interim Budget to stick with fiscal glide path, target 5.2% deficit in FY25
With buoyant revenues likely ensuring that the 5.9% fiscal deficit target is met in the current financial year, the Centre may target to bring it t down to 5.2% in FY25, while sticking with the medium-term glide path for 4.5% deficit by FY26. However, this would entail compression of the revenue deficit, more sedate growth […]