Promoters must disclose family pacts: Sebi

Promoters must disclose family pacts: Sebi

Mumbai: Come July 15, promoters must disclose to exchanges their family settlement agreements or arrangements that have a bearing or influence on management control of listed entities for such deals to remain legal. In its notified rules, the capital market regulator Securities and Exchange Board of India (Sebi) has said that agreements that subsist as … Read more

Stock screener: MFs, FIIs drool over these 10 stocks, earn double-digit returns

Stock screener: MFs, FIIs drool over these 10 stocks, earn double-digit returns

In the last three quarters, both FIIs and mutual funds have hiked stakes in at least 20 stocks but only 10 of them have rewarded the big boys of Dalal Street with double-digit returns so far in FY24. Topping the list of stocks with rising institutional ownership in FY23 is L&T Finance Holdings which has … Read more

August made equity investors richer by Rs 13.66 lakh crore. Will India continue to outperform?

August made equity investors richer by Rs 13.66 lakh crore. Will India continue to outperform?

While the headline index Nifty gained 3.4 per cent in August, the total market capitalization of BSE-listed companies increased to Rs 280.24 lakh crore during the month. As a result, Dalal Street investors turned richer by Rs 13.66 lakh crore in August. In July-end, the total market capitalization of BSE-listed companies was at Rs 266.58 … Read more