Amidst the vibrant ambiance of the Indian Options Conclave 5.0, Vivek Bajaj, a seasoned industry veteran with nearly two decades of experience in capital markets, shared his profound insights into the concept of ‘Momentum Investing.’ Against the backdrop of the event’s theme, “Traders Mahakumbh,” Bajaj captivated the audience with his innovative approach to navigating the … Read more
Mumbai: The rupee Wednesday closed at its strongest level versus the US dollar in six months as disappointing American economic data caused the greenback to weaken globally while overseas investors deployed funds in local capital markets. The domestic currency settled at 82.83 per US dollar on Wednesday, its strongest closing level since September 4, 2023, … Read more
Mumbai: The Securities Appellate Tribunal has set aside a Securities and Exchange Board of India’s (Sebi) order barring former NDTV promoters Prannoy Roy and Radhika Roy from the capital markets for a period of two years for alleged insider trading. “The impugned order passed by the WTM dated November 27, 2020, against Prannoy Roy and … Read more
Piramal Pharma has received capital markets regulator Sebi’s go-ahead to raise up to Rs 1,050 crore through rights issue of shares. The pharma firm, which filed draft papers with the regulator in March, obtained its observation letter on July 12, an update with the Securities and Exchange Board of India (Sebi) showed on Tuesday. In … Read more
“We believe India remains an ocean of outperformers in terms of economic growth. With a massive increase in per capita consumption of just about every product and service expected going forward, one can do best to bet on India at this point,” says Siddharth Oberoi, Founder of Prudent Equity.In an interview with ETMarkets, Oberoi who … Read more
As the Union Budget 2023–24 knocks on investors’ doors, it is time that they brace for possible additional volatility in the financial markets. The Finance Minister will present the budget on February 1st, 2023 and the expectation is that she will continue and also expand on the already laid down path of structural reforms while … Read more
Mumbai: The capital markets regulator has relaxed certain requirements for the initial public offering of Life Insurance Corp of India (LIC). The Securities and Exchange Board of India (Sebi) has allowed the government to divest 3.5% in the insurer, exempting it from the mandatory 5% stake sale for large issues. Anchor investors in LIC’s listing … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) has issued a show-cause notice to Reliance Industries on December 22 for alleged violation of ‘Principles for fair disclosure’ while handling unpublished price sensitive information (UPSI), according to a disclosure by Data Infrastructure Trust – a joint venture between Reliance and private equity company Brookfield – … Read more
Capital markets regulator, the Securities and Exchange Board of India (Sebi), said in an order last week that Chitra Ramkrishna, the former managing director and chief executive of NSE, had sidestepped hiring rules and divulged business information during her tenure. ET looks at the order and its implications: What is the Sebi order all about?Sebi … Read more
Mumbai: LIC‘s upcoming mega public offer and an adverse market have forced several companies to defer their IPO plans. The state-owned insurer’s initial public offering, slated for March, is expected to suck out more than ₹70,000 crore from the primary market. Merchant banking sources said most companies that had received approval from the capital markets … Read more