Posts in category Business Standard
Nexus Select Trust to raise Rs 3,200 crore through IPO next week (05-05-2023)
The Nexus Select Trust has a retail portfolio of over 3,000 stores, a total occupancy rate of 95 per cent and an annual footfall of over 130 million shoppers
Bitcoin perpetuals becoming an even bigger driver of digital token’s price (05-05-2023)
The perpetual contract was first introduced by crypto exchange BitMEX in 2016. Exchanges use the so-called funding rate - or the cost to trade
HDFC twins sink 6% on MSCI weighting update; biggest 1-day fall in 3 years (05-05-2023)
Merged entity to have far lower weighting than expected
HDFC twins take mkts down by 1%, BSE-listed firms investors lose Rs 1.4 trn (05-05-2023)
On Friday, the market breadth was weak, with 2,127 stocks declining and 1,390 advancing
Sebi revises requirements for issuance, listing of transition bonds (05-05-2023)
To facilitate transparency and informed decision-making among the investors, markets regulator Sebi on Friday mandated additional requirements for the issuance and listing of transition bonds.
The move is also aimed at ensuring that the funds raised through transition bonds are not being misallocated, the Securities and Exchange Board of India (Sebi) said in a circular.
Transition bond is one of the sub-categories of 'green debt security'. These bonds are generally used for raising funds for transitioning to a more sustainable form of operations in line with India's intended nationally determined contributions.
In its circular, Sebi said that an issuer wishing to issue transition bonds will have to make additional disclosures in the offer document for public issues or private placements of such transition bonds.
To differentiate transition bonds from other categories of green debt security, the issuer of transition bonds will have to use a denotation 'GB-T'. Such denotation would b
Sebi prescribes additional disclosures for issuing transition bonds (05-05-2023)
Disclosures on implementation and utilisation of funds aim to ensure there is no misallocation
Federal Bank slumps 8% despite record profit of Rs 903 cr in Q4; here’s why (05-05-2023)
Net interest margin (NIM) contracted to 3.31 per cent vs 3.49 per cent QoQ
Stable macro data, earnings trigger FPI buying in shares in April: NSDL (05-05-2023)
The benchmark Nifty 50 jumped 4.06% in April, its best month since November, aided by the stable earnings as well the return of the FPIs into domestic equities
Sebi to tell brokers, mutual funds to limit use of financial influencers (05-05-2023)
Sebi will ask brokers, traders registered with it and mutual funds to stop associating with financial influencers who are seen to be giving misleading advise and inducing investors, the report said
India’s gold demand in Jan-Mar drops by 17% due to high prices: WGC (05-05-2023)
Sharp rise in gold prices and volatility combined with fewer auspicious days to trigger consumption, has led to many households deferring buying perhaps in anticipation of a downward price correction