Posts in category All News
Bezos to sell $5 billion of Amazon as shares hit record high (03-07-2024)
Bezos would still hold nearly 912 million shares, or about 8.8% of Amazon, following the latest sale. He’s the world’s second-richest person with a net worth of $221.6 billion, according to Bloomberg’s wealth index, and also owns space-exploration company Blue Origin and the Washington Post.
SEBI raises investment cap to 25%: ETFs, Index Funds can invest more in group companies (03-07-2024)
This move aims to streamline regulations and provide a level playing field for passive funds, allowing them to mirror underlying indices more effectively
Aditya Birla Sun Life AMC mops up ₹2,416 cr via Quant NFO (03-07-2024)
More than 1.24 lakh investors have invested in the fund during the NFO phase
Narayana Hrudayalaya Ltd (03-07-2024)
What could be the impact of insurance venture on NH balance sheet? Could it be drag in short term at least?
Narayana Hrudayalaya Ltd (03-07-2024)
What could be the impact of insurance venture on NH balance sheet? Could it be drag in short term at least?
Sebi cuts face value of debt securities to boost retail participation (03-07-2024)
Markets regulator Sebi on Wednesday drastically cut the face value of debt securities to Rs 10,000 from Rs 1 lakh at present to boost participation of retail investors in the corporate bond market.
Market participants are of the view that lower ticket size of debt securities may encourage more non-institutional investors to participate in the corporate bond market which in turn may also enhance liquidity.
In a circular, Sebi said, "the issuer may issue debt security or non-convertible redeemable preference shares on private placement basis at a face value of Rs 10,000".
This, however, would be subject to certain conditions like the issuer should appoint at least one merchant banker, and non-convertible debentures and non-convertible redeemable preference shares be plain vanilla, interest or dividend-bearing instruments.
Sebi said that credit enhancements would be permitted in such instruments.
With respect to General Information Document (GID), which is valid as on the 'effective
Broker’s call: Epigral (Buy) (03-07-2024)
Emkay Global
US stocks tread water ahead of data, Fed minutes (03-07-2024)
The Dow Jones Industrial Average rose 27.10 points, or 0.07%, at the open to 39,358.95.