Posts in category Business Standard
New milestone: Sensex, Nifty hit record highs as IT stocks extend gains (15-01-2024)
The Sensex crossed the 73,000 mark for the first time, the Nifty 50 index finished at 22,097
Corporates mop up record Rs 9.58 trillion from market in 2023: Report (15-01-2024)
India Inc mopped up a record Rs 9.58 lakh crore from the market in 2023, registering an increase of 26 per cent from the year-ago period, according to market data.
In 2022, fund mobilisation through corporate bonds on private placement basis stood at Rs 7.58 lakh crore, according to the data collated by Primedatabase.
In terms of volume, Primedatabase said, adding there were as many as 920 issuers in 2023, which was 863 in the previous year.
The data include both listed and unlisted debt which have tenor and put/call option of above 365 days.
Pranav Haldea, the managing director of Primedatabase, attributed the surge to higher credit demand and liquidity constraints in the banking system.
The highest mobilisation was made by the financial institutions and banks mopping up Rs 4.72 lakh crore, 29 per cent more than Rs 3.66 lakh crore raised in 2022.
Also, the private sector mobilized 40 per cent more at Rs 4.45 lakh crore, compared to Rs 3.18 lakh crore in 2022, he said, adding ...
MFs swoop up banks in December 2023 on valuation comfort, shows data (15-01-2024)
Amid high valuations across most of the market segments, most fund managers are seeing opportunity in the banking sector, especially large private banks
Medi Assist healthcare IPO subscribed 54% on first day of bidding (15-01-2024)
Medi Assist covers over 18,000 hospitals across 1,069 cities and 31 states and has 35 insurers as partners
Sovereign gold bonds shine in FY24 as high returns attract investors (15-01-2024)
The reason for the good response in FY21 and FY22 was because of the lockdown and as the jewellery stores were not open while SGB buying was possible through net banking
Mahindra Group-backed infra investment trust trading debut on Monday (15-01-2024)
SEIT raised 13.65 billion rupees in the offer, while Mahindra Susten, the green energy arm of the tractors-to-financing conglomerate Mahindra Group, raised 8.98 billion rupees, according to statement
Sebi introduces guidelines for AIFs on holding investment in demat form (15-01-2024)
Capital markets regulator on Monday put in place guidelines for Alternative Investment Funds (AIFs) pertaining to holding their investments in dematerialised form along with the appointment of custodian.
Under the latest guidelines, AIFs are required to hold their investments in dematerialised form, unless exempted by Sebi.
The new framework, effective from October 1, 2024, mandates that any investment made by an AIF after this date must be held in dematerialised form, Sebi said in a circular.
However, investments made before this date have been exempted except in cases where the investee company is legally required to facilitate dematerialisation or when the AIF, alone or with other Sebi registered entities, has control over the investee company.
Sebi also said investments made before October 1, 2024, falling under these two conditions mentioned must be dematerialised by January 31, 2025.
Further, there are exemptions for AIF schemes with tenures ending on or before January 31, 2
Stock of this smallcap iron & steel company has zoomed over 340% in 10 mths (15-01-2024)
Shares of Man Industries (India) hit a record high of Rs 378.50 as they rallied 12% after the company received new orders of approximately Rs 400 crore
HDFC Bank Q3 preview: In a steady quarter, analysts expect NIM to expand (15-01-2024)
The numbers are not comparable year-on-year (Y-o-Y) due to its merger with HDFC Ltd effective July 1, 2023
India ETF flows hit record in 2023, analysts see momentum persisting (15-01-2024)
Investors are looking at India to diversify their emerging markets portfolio amid worries about economic growth in China and Sino-US tensions, analysts said