Mumbai-based Seshaasai Technologies files for DRHP with SEBI for IPO

Mumbai-based Seshaasai Technologies files for DRHP with SEBI for IPO

Seshaasai Technologies, a technology-driven multi-location solutions provider, has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI), to raise funds via an Initial Public Offering (IPO). The issue is proposed to be a mix of fresh issue of equity shares of up to Rs 600 crore … Read more

Scam alert! What Zerodha’s Nithin Kamath said on Trafiksol ITS Technologies IPO, Baap of Chart

Scam alert!  What Zerodha’s Nithin Kamath said on Trafiksol ITS Technologies IPO, Baap of Chart

Zerodha Founder and CEO Nithin Kamath on Saturday took to social media platform X to warn investors of the stock market malices happening daily and how investors were being fooled by scamsters. Citing market regulator Securities and Exchange Board of India‘s (Sebi’s) two recent orders — Trafiksol ITS Technologies IPO and Baap of Chart — … Read more

Share, derivatives trades fade in November on F&O curbs

Share, derivatives trades fade in November on F&O curbs

Trading activity in shares and equity derivatives slumped in November, weighed down by souring stock market sentiment and the new measures introduced by the Securities and Exchange Board of India (Sebi) to curb excessive speculation in futures and options in order to protect investors. Within derivatives, turnover in options — the most popular among retail … Read more

Mutual funds: Top 12 funds that can help you invest in overseas companies; check details 

Mutual funds: Top 12 funds that can help you invest in overseas companies; check details 

MF investment: Indian investors are increasingly seeking opportunities in global markets to maximise their investment returns, especially around the US elections 2024. Major Wall Street indices such as Dow Jones (DJI), Nasdaq (IXIC), and the S&P 500 (GSPC) have delivered impressive returns over the past five years, attracting investors looking for lucrative investment avenues. Mutual funds, … Read more

Brigade Hotel Ventures files DRHP for Rs 900 crore IPO

Brigade Hotel Ventures files DRHP for Rs 900 crore IPO

Brigade Hotel Ventures Limited, a wholly-owned subsidiary of Brigade Enterprises, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise around Rs 900 crore through an initial public offering (IPO). This offering consists of a fresh issuance of equity shares with a face value of ₹10 … Read more

NSE IPO hinges on Sebi approval: Ashish Kumar Chauhan

NSE IPO hinges on Sebi approval: Ashish Kumar Chauhan

India’s largest stock exchange is awaiting clearance from the securities regulator to proceed with its public listing plans, according to Chief Executive Officer Ashish Kumar Chauhan. The National Stock Exchange of India Ltd., whose initial public offering has faced delays since it initial filing in 2016, needs approval from the Securities and Exchange Board of … Read more

Wipro board to consider bonus issue of shares along with Q2 results

Wipro board to consider bonus issue of shares along with Q2 results

The Board of Wipro will consider issuing bonus shares to investors along with its financial results for the quarter ended September 2024. “The Board will be considering a proposal for issue of bonus shares, in accordance with the applicable provisions of the Companies Act, 2013 (including the rules and regulations framed thereunder), the Securities and … Read more

What is Mutual Fund lite? Here’s what we know about the launch of new asset class

What is Mutual Fund lite? Here’s what we know about the launch of new asset class

The Securities and Exchange Board of India (Sebi) may introduce a new asset class for investors — Mutual Fund lite. The newest asset class is expected to bridge the gap between mutual funds (MFs) and portfolio management services (PMS).  As per a report in Hindu Businessline, the Sebi board is expected to deliberate on the … Read more

Work culture claims misplaced, officers misguided by ‘external elements’: Sebi

Work culture claims misplaced, officers misguided by ‘external elements’: Sebi

Mumbai : The Securities and Exchange Board of India (Sebi) Wednesday said its officers have been misguided by unidentified ‘external elements’ in targeting the credibility of the top management and the institution through concerns about the regulator’sleadership and HR practices voiced in a letter to the government early last month. Sebi’s five-page statement, issued late … Read more

3 Adani Group stocks eligible for inclusion after Sebi’s F&O entry, exit norms’ revision

3 Adani Group stocks eligible for inclusion after Sebi’s F&O entry, exit norms’ revision

Three Adani Group stocks viz. Adani Green Energy, Adani Energy Solutions and Adani Total Gas are eligible for inclusion in the derivatives segment as per the new criteria for the entry into the futures & options (F&O). Securities and Exchange Board of India (Sebi) on Friday tweaked the entry and exit criteria for stocks via … Read more