Posts in category Business Standard
Stock Market Live: Sensex dips 300 pts, Nifty at 20,850; Paytm cracks 20% (07-12-2023)
Stock market live updates on December 7, 2023: Paytm cracked 20 per cent on its plan to reduce below Rs 50,000-loan disbursements due to RBI's tightening of consumer credit norms
Nifty Metal in overbought zone, Nifty Pharma could see minor correction (07-12-2023)
Anticipated resistance on charts is around 7,675 for Nifty Metal; the consolidation range for pharma index is between 16,470 and 16,030
Stocks to Watch: Adani Wilmar, Delta Corp, Paytm, Bharti Airtel, IRCON, BEL (07-12-2023)
Stocks to Watch on December 7, 2023: As per reports, Warburg Pincus is offloading shares in Bharti Airtel and IDFC First Bank
State-owned cos seen extending rally on PM Modi’s expected re-election (07-12-2023)
Modi's government is spending billions of dollars on everything from roads and railways to defense, renewing interest in a sector that has for long been a straggler of India's $4 trillion stock market
Broking industry adds 2.8 mn new investors in Nov amid surging stock prices (06-12-2023)
Also, a sharp U-turn in market secondary sentiment also helped draw new investors, said broking industry players
Ready to relook at some AIF norms if assured of no misuse: Sebi official (06-12-2023)
Ananth Narayan said that RBI has agreed with Sebi's assessment on circumvention by AIFs
Market ends on high for 7th day, Nifty closes at 21,000, Sensex 70,000 (06-12-2023)
Experts suggest that this is a sign that higher interest rates have dampened worker demand and raised bets that the Fed's monetary policy tightening cycle is over
Sebi lays down framework for calculation of Net Distributable Cash Flows (06-12-2023)
To promote ease of doing business, capital markets regulator Sebi on Wednesday decided to standardise the framework for calculation of available net distributable cash flows by REITs, InvITs and their respective holding companies.
The new framework will be applicable from April 1, 2024, the Securities and Exchange Board of India (Sebi) said in two separate circulars.
Under the rules, the Net Distributable Cash Flow (NDCF) is computed at the level of real estate investment trusts (REITs), and infrastructure investment trusts (InvITs) and their holding companies (HoldCo) or special purpose vehicles (SPVs).
Further, the minimum distribution should be 90 per cent of the NDFC at the Trust level as well as the HoldCo/SPV level. This is subject to applicable provisions in the Companies Act or the Limited Liability Partnership Act.
Sebi said that the option to retain 10 per cent distribution needs to be computed by taking together the retention done at SPV level and Trust level.
"Further,
Expecting direct listing of cos in GIFT City by April 2024: IFSCA chief (06-12-2023)
The industry players say that the new avenue will help startups and unlisted companies access global capital
Bitcoin breaches $44,000 mark, now on the same level as in March 2022 (06-12-2023)
According to experts, the current rally comes in the backdrop of optimism around Bitcoin exchange-traded funds