Sources said Sebi has been writing to various regulators in several jurisdictions over the past few weeks regarding the Adani issue
Posts in category Business Standard
Sebi’s Adani Group investigation hits a wall with offshore regulators (30-04-2023)
Sources said Sebi has been writing to various regulators in several jurisdictions over the past few weeks regarding the Adani issue
Global markets turn cautious again amid concerns of banking crisis (30-04-2023)
Global economy was once again beginning to stare at the possibility of economic slowdown as fears re-emerged over the possibility of economic recession in the US owing to another banking crisis
Nexus Select Trust’s Rs 3,200 crore REIT IPO to hit capital market on May 9 (30-04-2023)
Global investment firm Blackstone-sponsored Nexus Select Trust will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT initial public offering (IPO).
This will be India’s first REIT (Real Estate Investment Trust) IPO backed by rent yielding retail real estate assets. At present, there are three listed REITs on stock exchanges but all backed by office assets.
Nexus Selct Trust has filed its offer document with market regulator SEBI for its IPO.
According to the offer document, the total size of the public issue is Rs 3,200 crore, which includes fresh issue of units worth up to Rs 1,400 crore and offer for sale (OFS) of up to Rs 1,800 crore.
Earlier, the company had planned to raise up to Rs 4,000 crore from its proposed REIT public issue.
In November last year, Nexus Select Trust filed the draft red herring prospectus (DRHP) with Sebi to launch its retail REIT public issue.
Nexus Select Trust has a portfolio of 17 operational shopping malls acros
Gold price falls Rs 220 to Rs 60,820, silver price unchanged at Rs 76,200 (29-04-2023)
The price of ten grams of 22-carat gold fell Rs 200 to Rs 55,750
Gold price falls Rs 220 to Rs 60,820, silver price unchanged at Rs 76,200 (29-04-2023)
The price of ten grams of 22-carat gold fell Rs 200 to Rs 55,750
Avoid programmes for MF distributors based on SIP targets: Amfi tells MFs (28-04-2023)
According to a Moneycontrol report, some AMCs had planned to hold training camps in locations like Andaman and Nicobar Islands for outperforming MF distributors
Benchmark indices Sensex, Nifty post biggest monthly gain since November (28-04-2023)
FPIs poured in over Rs 10,000 crore for a second month in a row as risk sentiment improved after regulators prevented a banking crisis in the developed world
Karvy Stock Broking, its promoter barred for 7 years from markets (28-04-2023)
Group firms directed to return Rs 1,443 cr siphoned off from clients
Crypto wrap: Market in the green ahead of US Fed announcement next month (28-04-2023)
The US Federal Reserve is expected to meet on May 2 and 3 to decide on further rate hikes