Before Swiggy launches its IPO, it will have to place its updated draft red herring prospectus (UDRHP) in the public domain for at least 21 days
Railways created world record in derailments: Mamata Banerjee (24-09-2024)
West Bengal Chief Minister Mamata Banerjee criticized the Indian Railways for frequent derailments, claiming it has set a world record. Her comments followed an incident in Jalpaiguri where five wagons of an empty goods train derailed. Banerjee highlighted safety concerns and questioned the railway minister’s absence during such crises.
Supreme Court rejects Amit Goenka’s appeal against Sebi’s appointment of KPMG as auditor for SGRL (24-09-2024)
The Supreme Court has rejected Amit Goenka’s appeal against the Securities and Exchange Board of India’s decision appointing KPMG Assurance and Consulting Services as a forensic auditor for debt-ridden Shirpur Gold Refinery Ltd (SGRL) and its subsequent report on the firm.
Great articles to read on the web (24-09-2024)
Quant Investing from Scratch using Screener & Excel – Parijat Garg
Building portfolios from factor scores – Quant investing from scratch
Great articles to read on the web (24-09-2024)
Quant Investing from Scratch using Screener & Excel – Parijat Garg
Building portfolios from factor scores – Quant investing from scratch
New asset class may take wing; decision likely at Sebi meeting on Sep 30 (24-09-2024)
Board meeting on Sep 30, first since conflict of interest allegations against chairperson
Over 93% retail traders lost money in F and O in 3 years (24-09-2024)
An analysis by the Securities and Exchange Board of India (Sebi) has revealed that retail traders remain at the wrong end of the stick when it comes to equity derivatives trading. About 93 per cent of them incurred an average loss of Rs 2 lakh (per trader) during the last three financial years. The new report highlights an increase in the loss-making individual investors in futures and options (F and O) to 91.1 per cent in FY24 compared to 89 per cent in FY22.