Posts in category Business Standard
GIFT City gears up for direct listings, re-insurance in next growth phase (30-11-2023)
The first phase followed the creation in 2020 of a new regulator, the International Financial Services Authority, which outlined an ambition to create a welcoming place
Gold price jumps Rs 820 to Rs 63,380, silver climbs Rs 700 to Rs 79,200 (30-11-2023)
The price of 22-carat gold climbed Rs 750, with the yellow metal selling at Rs 58,100
Stocks to Watch: Tata Tech, Gandhar Oil, Airtel, BoB, Thomas Cook, IDBI Bk (30-11-2023)
Stocks to watch on Thursday, November 30, 2023: Debutants Tata Technologies, Gandhar Oil Refinery and Fedbank Financial Services likely to hog the limelight in trades today.
Stock Market LIVE: Sensex down 150 pts; MidCap up 0.5%; BHEL, GIC zoom 5% (30-11-2023)
Stock market LIVE updates today, November 30, 2023: Shares of Tata Technologies debuted at Rs 1,200 on the BSE vs issue price of Rs 500
Tata Technologies to boost India’s hot IPO market on trading debut (30-11-2023)
Tata Technologies' IPO raised Rs 3,040 crore ($365 million), with shares being sold at Rs 500 each, the top of the marketed range. Demand exceeded shares on offer by 69 times, as investors piled
Bias for Nifty IT index to turn bullish only above 32,664, indicates chart (30-11-2023)
According to Ravi Nathani, an independent technical analyst, the Nifty Auto index is likely to exihibit bullish trend as it hovers in uncharted territory.
Retail broking revenues could more than double in 5 years: Bain & Company (30-11-2023)
Bain & Co highlights that the industry has also managed to penetrate beyond the top cities
Alipay sells entire 3.44% stake in Zomato, Axis MF unveils new fund scheme (29-11-2023)
WhiteOak Capital Mutual Fund on Wednesday announced the launch of new fund offer (NFO) - Large & Mid Cap Fund, an open-ended equity scheme investing in both largecap and midcap stocks
Municipalities can look at escrow account structure to garner funds: Buch (29-11-2023)
Markets regulator Sebi's chief Madhabi Puri Buch on Wednesday said municipal authorities can look at having specific escrow accounts to garner funds for various urban infrastructure projects.
At an event in the national capital, she said there are a good number of investors who are waiting to invest in urban infrastructure projects.
She said that one thing that can help in garnering funds is credit ratings.
Generally, an entity with a higher credit rating will be able to raise funds more easily compared to those having less credit worthiness.
"Now, the question is to get credit rating. The beautiful part (of) what we have learnt over the last few years' issuances that we have had is (the) structure of creating escrow accounts and therefore, ring fencing certain cash flows. It has really created a fantastic structure in which investors have a lot of faith," the Sebi Chairperson said.
Such an escrow account structure will give investors an understanding of "what is outside the ring
Vanguard to Goldman Sachs, global firms rush to buy Alipay’s Zomato stakes (29-11-2023)
Shares of Zomato have nearly doubled this year as the company started to turn a profit after going public in 2021, prompting some of its biggest investors to lock in gains on their investments