Tata Investment Corporation and Artson Engineering fell 5 per cent each
Posts in category Business Standard
Rupee gains for third straight trading session on foreign inflows (11-03-2024)
The rupee settled at Rs 82.76 per dollar, marking the highest since September 4, 2023, against the previous close of Rs 82.79
Share of women investors in mutual funds grows to 21% in Dec 2023: Report (11-03-2024)
The share of women investors in mutual funds has increased from 15 per cent in March 2017 to nearly 21 per cent in December 2023, according the latest data of Amfi (Association of Mutual Funds).
The overall asset under management in mutual funds crossed the Rs 50 lakh crore-mark in February this year as a large number of passive investors are flocking to mutual funds to save and earn more.
The Amfi data showed the share of women investors in mutual funds increased from 15 per cent in March 2017 to nearly 21 per cent in December 2023.
This pace of growth was more prominent in the hinterland versus the urban centres during the period.
The share of women folios and assets in B-30 cities has increased from 15 per cent to 18 per cent and from 17 per cent to 28 per cent, respectively, the data showed.
The report, prepared by Crisil for Amfi and released by Sebi chairperson Madhabi Puri Buch, further said that almost 50 per cent of women investors fall in the 25-44 age group as against .
Multicap mutual funds gain currency as investors seek diversification (11-03-2024)
Schemes see highest flows in three years at Rs 2,400 crore in February
Signs of manipulation in SME listings, says Sebi chief Madhabi Buch (11-03-2024)
Buch calls for policy by MF trustees to protect investors from ‘bubble’ in the smallcaps
Sebi seeks to boost trust in mkt, expands qualified stock broker framework (11-03-2024)
Sebi on Monday announced expanding the Qualified Stock Broker (QSB) framework that will bring more brokers under enhanced obligations, a move aimed at bolstering the trust of investors in the securities market.
The decision will also help in strengthening the compliance culture among stock brokers.
Now, the parameters of proprietary trading volumes, compliance and grievance redressal scores will also be taken into account while classifying stock brokers as QSBs, according to a circular.
At present, there are five parameters for classifying a stock broker under the QSB framework — total number of active clients, available total assets of clients, trading volumes of the stock broker (excluding the proprietary trading volume of the stock broker), and the end of day margin obligations of all clients.
The margin obligations exclude the proprietary margin obligation of the stock broker concerned in all segments.
QSBs are required to meet various enhanced obligations and discharge …
Le Lavoir partners with Marriot brand to provide laundry services (11-03-2024)
Under the brand name “Le Lavoir”, the company is targeting to reach
various institutions and also plans to enter the retail market segment to address consumer needs.
Markets log biggest fall of month amid declines in banking heavyweights (11-03-2024)
Nervousness ahead of crucial data pull indices down
Wipro launches new Nutanix-focused business unit (11-03-2024)
The new business unit will combine the industry expertise of Wipro FullStride Cloud with Nutanix Cloud Platform to enhance joint solution engineering and expand go-to-market strategies. The engagement aims to enhance agility, speed, and innovation for enterprises and help them build more powerful, resilient, and agile cloud operating models. This commitment is aligned to Wipro’s broader strategy of driving growth through strategic partnership and a multi-year plan to jointly
target this multi-billion-dollar market opportunity across cloud infrastructure, IT applications, edge, and AI computing.
Valiant Communications allots 4.04 lakh equity shares on preferential basis (11-03-2024)
Consequent to the above allotment, the paid-up equity share capital of the Company stands increased at Rs 7,62,80,600/- comprising 76,28,060 equity shares of Rs. 10/- each.