The institute’s website says that it has been engaged in training related to finance and investments since 2007
Posts in category Business Standard
Sebi directs MF platforms to become execution-only to cut out distributor (13-06-2023)
Capital market watchdog Sebi on Tuesday introduced a regulatory framework for ‘Execution Only Platforms’ for direct plans of mutual fund schemes in a bid to protect the investors dealing in such schemes.
The execution-only platform allows transactions in direct plans of mutual funds without the help of distributors.
The new framework would be applicable from September 1, the Securities and Exchange Board of India (Sebi) said in its circular.
Over the past few years, direct plans of mutual fund schemes have gained traction among investors as such schemes are cheaper compared to the regular plans, which include a commission paid to distributors. This resulted in mushrooming of several online platforms that provide the facility of investing in direct plans.
Sebi noted that several entities including investment advisors and sock brokers are providing execution services, like the purchase and redemption of direct plans of mutual fund schemes, through the digital mode. Such platforms are
Half of India’s top-10 highest denominations stocks outperform indices (13-06-2023)
A combination of good management, healthy growth in their respective businesses, low paid-up capital base, and no share split or equity dilution are the reasons for their high market price
Pricing mismatch, volatility force companies to let DRHP nods lapse (13-06-2023)
So far in 2023, 23 companies have let their approval granted by Sebi lapse
Gold ETFs posts Rs 103 cr inflow in May, falls by 21 cr from April (13-06-2023)
Gold exchange-traded funds (ETFs), considered a safe haven during uncertain times, continue to glitter as they received a net inflow of Rs 103 crore in May.
The development comes after a net inflow of Rs 124 crore witnessed in the asset class in April. Before that, investors withdrew Rs 266 crore from Gold ETFs in March, data from the Association of Mutual Funds in India (Amfi) showed.
The slightly low inflow in May compared to the preceding month could be attributed to profit booking.
Gold price came off its highs towards the second half of May on the back of positive news with regards to the US government raising the debt ceiling, thereby providing some buying opportunity, particularly after a sharp rally it witnessed since March this year, Melvyn Santarita, Analyst-Manager Research, Morningstar India, said.
“With gold prices still trading at high levels, some investors would have chosen to book profits or take on risk on approach with a view that central banks would pause furthe
DLF hits highest level since September 2008; zooms 40% thus far in FY24 (13-06-2023)
The Group’s strong operating performance in FY2023, which is expected to sustain in FY2024, is supported by continued end-user demand and good affordability
IndiGo falls 5% in 2 days even as Co clarifies on Gangwal stake sale buzz (13-06-2023)
In an exchange filing, IndiGo said that the Company has not received any such information
Ahluwalia Contracts soars 10% on winning work order worth Rs 427 crore (13-06-2023)
The order inflow during the current FY 2023-24 stands at Rs 4,177.83 crore till date, the company said.
Trent rallies 5%, hits all-time high on healthy growth outlook (13-06-2023)
Thus far in the current calendar year 2023, the stock price of Trent has rallied 25 per cent, while in past one year it surged 53 per cent.
Inox Wind Energy soars 19% on board’s nod for merger with Inox Wind (13-06-2023)
The board approved swap ratio for the merger – around 158 equity shares of Inox Wind will be issued for every 10 equity shares of Inox Wind Energy