Date | Title | Description |
14.11.2024 | New Financial Guidelines and Infrastructure Developments: A Look at India's Economic Landscape | India's economic landscape is shifting. Recent announcements from the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) signal a new era for foreign investments and startup funding. Meanwhile, infrastructure ... |
14.11.2024 | SEBI proposes higher investment limits for angel funds | The SEBI logo on its headquarters in Mumbai | Credit: Reuters/Francis Mascarenhas
India's market regulator on Wednesday proposed expanding the pool of angel fund investors and increasing investment limits in startups, but sought stricter sc... |
14.11.2024 | RBI, Sebi unveil rules for converting excess investment by FPIs into FDI
Centre suggests states to list power firms
Metro on backburner as Tricity set to get new e-buses circuit
Rajasthan government p... | ECONOMY & POLICY RBI, Sebi unveil rules for converting excess investment by FPIs into FDI
14 Nov 2024 2 Min Read CW Team
The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi) introduced new guidelines for... |
04.11.2024 | ABB highlights electrification and automation with new tagline
Kirby Building Systems achieves 100,000 MT annual capacity
AAI seeks import duty hike, aims Rs 3 trillion aluminium investment
NTPC Green... | ECONOMY & POLICY ABB highlights electrification and automation with new tagline
04 Nov 2024 2 Min Read CW Team
ABB introduces new brand positioning “We help industries outrun – leaner and cleaner” underpinning the next phase of the comp... |
04.11.2024 | Govt invites applications for RBI Deputy Governor | The Finance Ministry has invited applications for the post of RBI Deputy Governor in the place of Michael Debabrata Patra, whose extended term is coming to an end on January 14, 2025.
This position of RBI Deputy Governor is for economists. ... |
04.11.2024 | Rail coefficients for top ports fall in FY25 despite DFC connectivity
Kirby Building Systems achieves 100,000 MT annual capacity
AAI seeks import duty hike, aims Rs 3 trillion aluminium investment
NTP... | PORTS & SHIPPING Rail coefficients for top ports fall in FY25 despite DFC connectivity
04 Nov 2024 1 Min Read CW Team
Container rail movement from major ports, including Mundra, Nhava Sheva (JNPA), and Pipavav, declined in the first hal... |
04.11.2024 | Ammunition cartridge found on Dubai-Delhi Air India flight
Kirby Building Systems achieves 100,000 MT annual capacity
AAI seeks import duty hike, aims Rs 3 trillion aluminium investment
NTPC Green Ene... | AVIATION & AIRPORTS Ammunition cartridge found on Dubai-Delhi Air India flight
04 Nov 2024 1 Min Read CW Team
An ammunition cartridge was discovered in a seat pocket on Air India flight AI916 from Dubai to New Delhi after it landed at t... |
28.10.2024 | RBI asks NBFCs to maintain at least 25% borrowings from capital market | The Reserve Bank of India (RBI) has guided non-banking finance companies (NBFCs), especially upper-layer NBFCs, to maintain at least 25 per cent of their overall borrowings from capital market instruments such as commercial papers, non-conv... |
25.10.2024 | IPO-bound Swiggy launches feature to let people living abroad order food for loved ones in India | IPO-bound Swiggy on Friday announced the launch of its 'International Login' feature that allows people living abroad, including the US, Canada, Germany and the UK to order food for their loved ones in India.
The permanent feature allows th... |
25.10.2024 | ESAF Small Finance Bank Scores High in ESG Rating Under SEBI Framework | Mumbai, Maharashtra, India
ESAF Small Finance Bank Ltd. has achieved an impressive score of 68.1 in an ESG RATING conducted by CARE ESG RATING, based on the SEBI-approved framework. By significantly ahead of the industry average of 51.8, th... |
18.10.2024 | Zee Q2 PAT up 70% YoY; board re-appoints MD Punit Goenka for 5 years | Zee Entertainment Enterprises reported a 70 per cent rise in the net profit in the September quarter on better cost efficiencies and one-time gain, while revenue from operations fell 18 per cent due to subdued advertising revenue.
The media... |
17.10.2024 | Why the Indian Mutual Fund Industry is Set to Explode: Jio Financial and BlackRock are Changing the Game | Mumbai, Maharashtra, India
The Indian mutual fund industry has been on a remarkable journey, growing from Rs. 25 akh crores to a whopping Rs. 66 lakh crores today. But this is just the beginning. With the recent entry of Jio Financial Servi... |
15.10.2024 | ED launches refund drive for Rs 60 million investors in Pearl Group scam
Fadnavis lays foundation for Rs 1.5 billion infrastructure projects
Bengaluru Airport City unveils 2 million sq. ft. business p... | ECONOMY & POLICY ED launches refund drive for Rs 60 million investors in Pearl Group scam
15 Oct 2024 2 Min Read CW Team
The Enforcement Directorate (ED) has launched an initiative to return lost funds to nearly sixty million investors ... |
15.10.2024 | MMRDA to lease three plots in BKC
Fadnavis lays foundation for Rs 1.5 billion infrastructure projects
Bengaluru Airport City unveils 2 million sq. ft. business park
Kolkata Metro to celebrate 40 years... | Real Estate MMRDA to lease three plots in BKC
15 Oct 2024 2 Min Read CW Team
The Mumbai Metropolitan Region Development Authority (MMRDA) plans to generate ?656 crore by leasing three prime plots in the Bandra-Kurla Complex (BKC) for signif... |
14.10.2024 | MMRDA to lease three BKC plots in Mumbai, raising Rs 6.56 billion
Sathish Rajendren Triumphs at RICS South Asia Awards
Bengaluru civic body rejects 2,000 building plan applications
Rail expansion and ... | ECONOMY & POLICY MMRDA to lease three BKC plots in Mumbai, raising Rs 6.56 billion
14 Oct 2024 2 Min Read CW Team
The Mumbai Metropolitan Region Development Authority (MMRDA) aims to raise Rs 6.56 billion by leasing three prime plots in... |
14.10.2024 | Key trends that will redefine India’s road infrastructure in coming years
Sathish Rajendren Triumphs at RICS South Asia Awards
Bengaluru civic body rejects 2,000 building plan applications
Rail expans... | ROADS & HIGHWAYS Key trends that will redefine India’s road infrastructure in coming years
14 Oct 2024 4 Min Read CW Team
India boasts of the second largest road network in the world, stretching over about 67 lakh kilometres (KM) as of ... |
10.10.2024 | NSE to discontinue weekly index derivatives for Bank Nifty, Nifty Midcap Select, Nifty Financial Services | As per the changes, the NSE will retain only one tradable index — the Nifty 50 — for weekly derivatives contracts.
The National Stock Exchange (NSE) will discontinue weekly index derivatives contracts for Bank Nifty, Nifty Midcap Select, an... |
09.10.2024 | The Algo Trading Tangle: SEBI's Crackdown on Brokerages and the Call for Transparency | In the world of finance, algorithms dance like shadows. They promise quick profits and effortless trading. But beneath the surface, a storm brews. The Securities and Exchange Board of India (SEBI) has issued notices to over 115 stockbrokers... |
09.10.2024 | SEBI asks for stricter review of alternative investment fund investors | Credit: Reuters
India's markets regulator on Tuesday asked fund managers of alternate investment funds (AIFs) to exercise stricter due diligence of investors to prevent circumvention of rules, including "evergreening" or masking o... |
08.10.2024 | Indian regulators brought ‘great transparency’ in financial sector: FM | Indian regulatory bodies have brought in “great transparency” in the domestic financial sector and are even being looked up by peer country regulators for the way they have enabled rapid domestic growth while ensuring prudent practices, Uni... |
07.10.2024 | MC Exclusive| Over 115 stockbrokers get SEBI notice for continued association with algo platform Tradetron | After the regulator's earlier directive, only five brokerages requested for disconnection of their API but even these five did not disconnect by themselves from Tradetron.
More than 115 stockbrokers, including some of the top brokerages, ha... |
06.10.2024 | Tensions and Regulations: A Tale of Currency and Compliance | In the world of finance, every tick of the clock brings new challenges. Recently, the Indian Rupee faced a storm. On October 3, 2024, it plunged 15 paise to close at 83.9675 against the US Dollar. This was the biggest single-day decline in ... |
05.10.2024 | Banks shouldn't use group entities to circumvent rules: RBI | The Reserve Bank of India on Friday proposed that banks should be barred from using group entities to circumvent regulations applicable to them.
Also read: RBI appoints Aviral Jain as ED
The central bank has made the suggestion in a draft c... |
05.10.2024 | Hyundai Targets Multibillion Dollar Valuation: Set To Be the Biggest IPO in India Hyundai's IPO specifics such as size, valuation, and other particulars are under discussion and are subject to change,... | Korean automaker Hyundai Motor Company is reportedly targeting a valuation of US$19 billion for its Indian subsidiary, Hyundai Motor India in what could be the largest initial public offering (IPO) in India's history according to insider so... |
30.09.2024 | FPIs express concerns over Sebi’s derivative curbs; seek a more calibrated approach | Sebi reaches out to FPIs; discusses derivative market curbs
Some foreign portfolio investors (FPIs) have expressed concerns over the Securities and Exchange Board of India’s (Sebi’s) plan to impose curbs on derivatives trading, people with ... |
27.09.2024 | Explained: How Sebi’s latest delisting fix protects market ‘Abhimanyus’ | Sebi's Chairperson Madhabi Puri Buch has said many times that she does not want ‘Abhimanyus’ in the market, meaning entities who feel trapped insider the market—that is, companies who cannot delist and investors who cannot exit. Therefore, ... |
25.09.2024 | From Compliance to Community: India's Key Role in Shaping the Global Crypto Market India has emerged as a global leader in the crypto space, with its involvement in international operations surging in... | A few years ago, crypto was a volatile asset class in India, and concerns about regulation meant low adoption and certain wariness. That seems to have changed. Crypto is fast becoming a success story in India, backed by a solid user base of... |
25.09.2024 | Rustomjee Group-backed GP taps additional capital for maiden vehicle | Premium
Boman R Irani, CMD, Rustomjee Group | Credit: Rustomjee
Mumbai-based real estate developer Rustomjee Group, which floated its maiden real estate vehicle early last year, has tapped additional funds, the developer-backed fund manager... |
24.09.2024 | SEBI probes find six i-banks charged SMEs fee equal to 15% of IPO size: Report | SEBI probe finds investment banks charged SME firms fees equal to 15% of IPO size, says report
India's securities regulator, worried about malpractice in a frothy IPO market, is investigating six domestic investment banks that have worked o... |
24.09.2024 | Venture Catalysts Back CoRover with USD 4 Mn Funding for Next-Gen Conversational AI Development CoRover will use the new funding to enhance technology, grow its AI team, and accelerate its go-to-marke... | Bengaluru-based conversational AI startup CoRover has raised USD 4 million in its Series A funding round, led by Venture Catalysts. This round saw participation from several notable investors, including CanBank Venture Capital Fund (CVCFL),... |
12.09.2024 | Swiss authorities freeze more than $310 million linked to Adani Group in money laundering probe: Report | In January 2023, Hindenburg accused Adani Group of using tax havens to sidestep local market regulations
Swiss authorities have frozen more than $310 million across multiple Swiss bank accounts as part of an ongoing money laundering investi... |
10.09.2024 | Playbook Partners: A New Force in India's Growth Capital Landscape | In the bustling world of investment, Playbook Partners has emerged as a significant player. The firm recently announced the first close of its inaugural fund, raising over $130 million in just four months. This rapid success is a testament ... |
10.09.2024 | Playbook Partners marks first close of maiden fund | Vikas Choudhury, founder, Playbook Partners
Playbook Partners, a growth-stage focused investment firm set up by founding partner of Pivot ventures Vikas Choudhury, has marked the first close of its maiden fund launched earlier this year.
Th... |
07.09.2024 | PN Gadgil Jewellers Set to Shine with Upcoming IPO | PN Gadgil Jewellers Limited is preparing to make waves in the financial waters with its upcoming initial public offering (IPO). Scheduled to launch on September 10, 2024, this Pune-based jewelry brand is poised to attract significant attent... |
06.09.2024 | Mauritius FPIs named in Hindenburg report challenge SEBI norms as September 9 deadline looms | The funds have sought SAT intervention to order Sebi to dispose their exemption applications expeditiously; |
04.09.2024 | Select set of institutional investors gobble up anchor portion of SME IPOs | The anchor allocation in SME IPOs appears to have become a club of select set of institutional investors as data shows that a few handful of investors are being allocated shares in most of the public issues in the segment dedicated for smal... |
03.09.2024 | Congress digs out more dirt on ICICI Bank’s retiral benefits to SEBI chief | A day after the ICICI Bank said the payouts to Madhabi Puri Buch were part of her retiral benefits, the Congress released figures to make the point that her pension benefits were double than her salary and questioned why there was a break o... |
03.09.2024 | Light touch registration for FPIs investing in govt bonds: Ananth Narayan | Error rates on settlement of trades for foreign portfolio investors (FPIs) have reduced under the T+1 settlement cycle from what it was under the T+2 cycle, a top regulatory official said on Tuesday.
Speaking at the CII Financing 3.0 Summit... |
02.09.2024 | SEBI study finds 54% of IPO shares allotted to retail were sold within a week | Individual investors sold 50% of shares allotted to them by within a week of listing, finds Sebi report
More than half of the investors in IPOs between April 2021 and December 2023 sold the shares within a week of listing, a study by capita... |
31.08.2024 | The Green Surge: Renewable Energy and Infrastructure Investments in India | India stands at a crossroads. The nation is embracing renewable energy with open arms while simultaneously investing heavily in infrastructure. This dual approach is reshaping the economic landscape. Recent developments highlight this trend... |
30.08.2024 | National Infrastructure Trust Files Draft Papers for Rs.1,600 Crore IPO
East-West Metro Becomes Kolkata's Lifeline Amid Protests
MMRDA Issues Tender for Mumbai Metro Line 4 Trackwork
Patna DM Urges Sp... | ECONOMY & POLICY National Infrastructure Trust Files Draft Papers for Rs.1,600 Crore IPO
30 Aug 2024 2 Min Read CW Team
The National Infrastructure Trust has filed draft papers with the Securities and Exchange Board of India (SEBI) to l... |
29.08.2024 | Swiggy Instamart appoints Flipkart’s Amitesh Jha as CEO | Swiggy on Thursday announced the appointment of Amitesh Jha as the Chief Executive Officer of its quick commerce business, Instamart.
According to Swiggy, its co-founder and current CEO of Swiggy Instamart, Phani Kishan, will assume a broad... |
29.08.2024 | SEBI Focussed On Expediting IPO Applications, Ensuring Ease Of Compliance Reporting: Madhabi Puri Buch | SUMMARY
SEBI has been meticulously tracking the overall ageing and pendency of the IPO applications since March 2022 and over the last 12 quarters, the total number of IPO papers pending has dramatically declined, said Buch
Buch, who made h... |
28.08.2024 | SEBI's New Guidelines: A Tightrope Walk for AIFs | The financial landscape in India is evolving. The Securities and Exchange Board of India (SEBI) has taken a bold step by introducing new borrowing guidelines for Category I and II Alternative Investment Funds (AIFs). This move is like a lig... |
28.08.2024 | JSW Neo Energy Wins 200 MW Wind-Solar Hybrid Project
hBits Seeks SEBI License for Small and Medium REITs | POWER & RENEWABLE ENERGY JSW Neo Energy Wins 200 MW Wind-Solar Hybrid Project
28 Aug 2024 1 Min Read CW Team
JSW Energy announced that its subsidiary, JSW Neo Energy, had been awarded a letter of award (LoA) for establishing a wind-sola... |
23.08.2024 | SEBI Releases Borrowing Guidelines for Category I & II AIFs
TOTO India celebrates 10 years of manufacturing excellence in Gujarat
A Forest of Memories
Bhopal lags behind Indore Metro Project Works | ECONOMY & POLICY SEBI Releases Borrowing Guidelines for Category I & II AIFs
23 Aug 2024 2 Min Read CW Team
The Securities and Exchange Board of India (SEBI) has introduced detailed guidelines for borrowing by Category I and II Alte... |
23.08.2024 | Anil Ambani banned from Indian securities market for 5 years | MUMBAI :India's markets regulator late on Thursday banned Anil Ambani, one of India's best-known businessmen, and 24 others from the securities market for five years on charges of diversion of funds.
The Securities and Exchange Board of Ind... |
21.08.2024 | Paytm proposes to cut directors’ remuneration | Fintech firm Paytm has proposed to reduce the remuneration paid to its board of directors. The move appears to be a step towards good corporate governance. Lately, the firm drew a penalty for non-payment of stamp duty, and flak from SEBI fo... |
20.08.2024 | SEBI lets AIFs borrow to meet drawdown gaps, issues rules for VCF migrating to AIF | Credit: Reuters
India’s capital market regulator Securities and Exchange Board of India (SEBI) has issued two circulars, easing rules for borrowing by alternative investment funds (AIFs) and for migration of Venture Capital Funds (VCFs) to ... |
19.08.2024 | The Ripple Effect of Financial Scrutiny: Hindenburg Research's Impact on High-Profile Investors | In the world of finance, shadows often loom large. The recent scrutiny by Hindenburg Research has cast a spotlight on two prominent figures: the Adani Group and billionaire investor Carl Icahn. Their stories reveal a complex web of offshore... |
14.08.2024 | Offshore fund named in Hindenburg report not based out of Mauritius: FSC | The Mauritius financial market regulator, the Financial Services Commission has clarified that the offshore fund at the heart of contention of the Hindenburg Research targeting SEBI chief and Adani Group is not domiciled in Mauritius.
The r... |
12.08.2024 | Navigating the Financial Landscape: New Leadership at Modulus Alternatives and Miscommunication in Nigerian Funding | In the ever-evolving world of finance, clarity is paramount. Recent developments in India and Nigeria highlight the importance of accurate information and strategic leadership. Modulus Alternatives, a key player in India’s private credit se... |
12.08.2024 | RCap deal: NCLT directs RBI, DIPP to expedite approval | The National Company Law Tribunal, Mumbai has directed RBI and the Department of Industrial Policy and Promotion (DIPP) to consider the application of IndusInd India Holdings for takeover of Reliance Capital.
Taking up the affidavit filed b... |
12.08.2024 | Modulus Alternatives Announces the Appointment of Two New Directors to its Board | Mumbai, Maharashtra, India
Modulus Alternatives, an established alternative asset manager in private credit, is pleased to announce the appointment of Mr. Alok Agarwal (former CFO, Reliance Industries) as a Non-Executive Director and Mr. Ra... |
12.08.2024 | Hindenburg Claims India Regulator Chief Had Stake in Adani Offshore Funds
Mumbai Metro Line 11 Geotechnical Survey Progresses
Kolkata Metro Unveils Dalian Rake with Enhanced Features
Chandigarh BJP Pu... | ECONOMY & POLICY Hindenburg Claims India Regulator Chief Had Stake in Adani Offshore Funds
12 Aug 2024 2 Min Read CW Team
US-based short-seller Hindenburg Research alleged on Saturday that Madhabi Puri Buch, the head of India's market r... |
12.08.2024 | US$2.4 billion wiped off Adani shares after Hindenburg allegations against regulator | BENGALURU: Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, faced another heavy share selloff on Monday (Aug 12) after the short seller accused the head of India's market regulator of having links to of... |
12.08.2024 | SEBI Eases Rules for Nomination Rights in REITs and InvITs
Mumbai Metro Line 11 Geotechnical Survey Progresses
Kolkata Metro Unveils Dalian Rake with Enhanced Features
Chandigarh BJP Pushes for Faster... | ECONOMY & POLICY SEBI Eases Rules for Nomination Rights in REITs and InvITs
12 Aug 2024 2 Min Read CW Team
To enhance the ease of doing business, the Securities and Exchange Board of India (SEBI) has revised the nomination rights framew... |
02.08.2024 | SEBI Has Started Using AI For IPO Documents Processing: Madhabi Puri Buch | SUMMARY
SEBI is leveraging AI to scrutinise annual reports like REIT and InvIT, said SEBI chief
While SEBI officers validate those reports and do some manual checks, 80% of the work is done by AI
The market regulator is also coming up with ... |
31.07.2024 | The Battle Against Movie Piracy: India’s New Frontline | In the vibrant world of Bollywood, where dreams are spun into celluloid, a darker shadow looms. Movie piracy, a relentless thief, steals the fruits of creativity. India, home to a bustling film industry, grapples with this menace. The stake... |
30.07.2024 | Won’t Allow ‘Paytm-Type Contamination’ In Market: SEBI Chief | SUMMARY
We will always have KRA to ensure things are validated, otherwise one mischievous player can contaminate the whole system, said Puri Buch
KRA provides for centralised storage and digitisation of the KYC records in the securities mar... |
30.07.2024 | SEBI Floats Paper To Clamp Down On F&O Trading; Online Brokerages To Take A Hit | SUMMARY
SEBI floated a consultation paper outlining seven recommendations to overhaul the index derivatives framework in a bid to increase investor protection
The regulator has sought feedback from industry stakeholders, investors and the g... |
30.07.2024 | Paytm launches NFC card soundbox for offline merchants | One 97 Communications Limited (OCL), which owns brand Paytm, has launched an NFC card soundbox, which combines NFC card technology with mobile QR payments at offline merchant outlets
Customers can tap a debit or credit card, or scan a QR co... |
28.07.2024 | GIFT City IFSC: A New Dawn for Global Finance | The Union Budget of 2024 has cast a bright spotlight on GIFT City, Gujarat. It’s a game-changer for the International Financial Services Centre (IFSC). The budget introduces a series of incentives that promise to reshape the financial lands... |
27.07.2024 | ITR filing 2024: Filing returns at the last minute? Know the list of crucial documents you would need | Income tax: Why you must gather all your vital documents before filing returns at the last minute
The due date for filing income tax returns for the financial year 2023-24 – July 31 - is nearly here.
There is absolutely no time to lose. Acc... |
25.07.2024 | Paytm's Q1 Financial Struggles: A Deep Dive into Losses and Recovery Plans**
** | ** In the fast-paced world of fintech, few names resonate like Paytm. However, the latest financial report from One 97 Communications, Paytm's parent company, paints a picture of turbulence. The company has reported a staggering consolidate... |
24.07.2024 | Former Defence Secretary Ajay Kumar’s MountTech Growth Fund Marks First Close | SUMMARY
Kumar's INR 250 Cr (around $29.9 Mn) MountTech Growth Fund-Kavachh marked its first close at over 100% of its targeted corpus
Ajay Kumar’s VC fund has secured approval from the Securities and Exchange Board of India (SEBI), and also... |
24.07.2024 | Former defence secretary-floated MountTech Growth hits first close of maiden fund | Premium
Ajay Kumar, MountTech Growth Fund
MountTech Growth Fund, a venture capital firm launched by India’s former defence secretary Ajay Kumar, has achieved the first close of its maiden vehicle Kavachh (MGF-Kavachh). The vehicle, register... |
23.07.2024 | Budget sets new course for GIFT City IFSC | Extending a slew of incentives to the International Finance Services Centre (IFSC) at GIFT City in Gujarat, the Union Budget not only adds to the “ease of doing business” within the IFSC, but also provides more clarity, allowing exemptions ... |
19.07.2024 | Paytm Q1 consolidated net loss widens to ₹839 crore, revenues down 36% | Fintech major One 97 Communications, which owns brand Paytm, on Friday reported a consolidated net loss of ₹ 839 crore, which was 135 percent higher than net loss of ₹357 crore recorded in same quarter last fiscal.
The latest loss was also ... |
19.07.2024 | Paytm Gets Show Cause Notice From SEBI Over ESOP Grants To CEO Vijay Shekhar Sharma | SUMMARY
Paytm received the show cause notice from SEBI in Q4 FY24 related to 2.1 Cr ESOP grants to founder and CEO Vijay Shekhar Sharma
Paytm has already submitted its preliminary response to the capital markets regulator and is seeking add... |
19.07.2024 | FNO trading volumes now a macro concern, with household savings diverted to speculation: Sebi's Madhabi Buch | Trading in futures and options (F&O) segment has now become a macro-level concern, said the Chairperson of the capital markets regulator.
The chief of Securities and Exchange Board of India (Sebi) Madhabi Puri Buch was speaking at an ev... |
16.07.2024 | SEBI warns Paytm over payments bank deals; shares drop 1% | One 97 Communications (OCL), which owns brand Paytm, has received an administrative warning letter from capital market regulator SEBI.
The warning is over lack of approvals from both the audit committee and shareholders for the related-part... |
16.07.2024 | Former Omidyar, TPG execs wind up VC firm as fundraising stalls | Premium
Credit: 123RF.com
A venture capital firm launched by former executives of Omidyar Network India and TPG Growth has winded up its operations after facing challenges in raising funds, two people aware of the development told VCCircle.... |
16.07.2024 | ‘Consistently acted in compliance’, Paytm on SEBI’s administrative warning | In a response to the SEBI administrative warning, fintech company Paytm said that it has consistently adhered to all listing regulations from time to time, including any amendments and updates to these regulations.
On Monday, Paytm received... |
10.07.2024 | OLA Surging Ahead Pre-IPO: Nuvama Report OLA Electric is the new addition to the list of new IPOs from India and more recently, the Securities and Exchange Board of India (SEBI) gave its nod for the E... | OLA Electric is the new addition to the list of new IPOs from India and more recently, the Securities and Exchange Board of India (SEBI) gave its nod for the EV maker to go public.
Last December, OLA Electric submitted a draft red herring p... |
09.07.2024 | Paytm gets government panel nod to invest in payments arm, sources say | Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million rupees ($6 million) in a key subsidiary, three sources with direct knowledge of the matter said.
The approval, which still ha... |
09.07.2024 | Govt should look into fault lines in IBC: SBI economic research | The Government should look into the fault lines in the IBC (Insolvency and Bankruptcy Code, 2016) set-up to reduce the time taken for the corporate insolvency resolution process, according to a report by State Bank of India’s economic resea... |
05.07.2024 | Indian Tech Businesses To Reach $1 Trillion by 2033: Redseer Report The country's Initial Public Offering (IPO) scene has experienced significant activity over the past few years, marked by a high num... | The country's Initial Public Offering (IPO) scene has experienced significant activity over the past few years, marked by a high number of companies going public. The trend seems to be driven by favorable market conditions, conducive regula... |
05.07.2024 | Indian fintech sector sees 59% drop in funding in H1 2024, remains among top three globally | ETtech
The Indian fintech sector, which has been facing increased regulatory scrutiny, saw a 59% drop in funding in the first half of 2024, raising $795 million compared to $1.9 billion in the first half of 2023, according to data intellige... |
03.07.2024 | RBI Governor urges banks to step up efforts against mule accounts | RBI governor Shaktikanta Das
Reserve Bank of India's (RBI) Governor Shaktikanta Das on July 3 held meetings with the MDs and CEOs of public sector banks and select private sector banks in Mumbai and urged them to step up their efforts again... |
02.07.2024 | Zerodha set to stop zero brokerage model after SEBI’s new circular | In an attempt to slow down the speed of derivative trading, the Security Exchange Board of India (SEBI) is abolishing the volume-based transaction fee model on free equity delivery trades for all brokers including Groww, Zerodha, AngelOne, ... |
02.07.2024 | SEBI Circular For MIIs: Zerodha May Discontinue Zero Brokerage Structure | SUMMARY
Zerodha cofounder and CEO Nithin Kamath said that with SEBI’s new circular, the platform will have to let go of the zero brokerage structure and /or increase brokerage for F&O trades
Kamath said that the rebate – the difference ... |
28.06.2024 | SEBI Allows Greater Overseas Investments; Permits 100% Aggregate Contribution In FPIs For NRIs | SUMMARY
SEBI has allowed up to 100% aggregate contribution by NRIs, OCIs, Resident Indians in the corpus of FPIs that are based out of IFSC
Applicants based in IFSCs in India and regulated by IFSCA will need to state intent to have aggregat... |
27.06.2024 | SEBI Bars Regulated Entities From Associating With Unregistered Finfluencers | SUMMARY
The directions were passed at the markets regulator’s board meeting on June 27
However, players and persons regulated by the markets regulator have been exempted from the ban
SEBI also approved a proposal to permit Category I and II... |
26.06.2024 | SBI's Strategic Branch Expansion and Infrastructure Development Initiatives in India | State Bank of India (SBI), the largest lender in India, is embarking on a significant network expansion plan in the current financial year, with the goal of establishing 400 new branches across the country. This move underscores SBI's commi... |
24.06.2024 | HDFC Mutual Fund Introduces HDFC NIFTY100 Low Volatility 30 Index Fund | HDFC Asset Management Co. Ltd., the investment manager for HDFC Mutual Fund (HDFC MF), one of India’s premier mutual fund companies, has announced the launch of the HDFC NIFTY100 Low Volatility 30 Index Fund. This new fund aims to track the... |
24.06.2024 | SBI MD says bring InvITs under bankruptcy law
Delhi-Meerut Rapid Rail Corridor 50% Complete
Pranik Logistics Files DRHP for IPO
Kumaraswamy Discusses Bengaluru-Sathy Railway Line | ECONOMY & POLICY SBI MD says bring InvITs under bankruptcy law
24 Jun 2024 3 Min Read CW Team
A top official from SBI stated that Infrastructure Investment Trusts (InvITs) are currently immune from insolvency proceedings and emphasised ... |
24.06.2024 | Swiggy’s revenue up 24% in CY23: Prosus | IPO bound food and delivery major Swiggy’s revenue grew 24 per cent in the last calendar year, according to the Dutch-listed technology investment firm Prosus’ annual report. The firm didn’t disclose Swiggy’s revenue figure in 2023.
Also re... |
24.06.2024 | OYO Opens Maiden Luxury Hotel In Dubai To Bolster Its Premium Portfolio | SUMMARY
With the launch of the hotel, OYO is looking to cash in on the increase in the number of Indian tourists travelling to Dubai
The new hotel has been launched under the brand ‘Palette’ and is part of OYO’s efforts to increase the numb... |
24.06.2024 | Indian infrastructure spend to rise 15.3% in the next five years
Delhi-Meerut Rapid Rail Corridor 50% Complete
Pranik Logistics Files DRHP for IPO
Kumaraswamy Discusses Bengaluru-Sathy Railway Line | ECONOMY & POLICY Indian infrastructure spend to rise 15.3% in the next five years
24 Jun 2024 2 Min Read CW Team
India's infrastructure investment is set to grow at a compound annual growth rate (CAGR) of 15.3% over the next five years,... |
18.06.2024 | Hyundai's Electric Vehicle Revolution: A Glimpse into the Future of Sustainable Transportation | Hyundai Motor Company is making waves in the automotive industry with its bold foray into electric mobility. The unveiling of the new Inster EV marks a significant milestone in Hyundai's journey towards a more sustainable future. This A-seg... |
17.06.2024 | Hyundai Motor India plans to launch EV models in future; electric version of Creta by Q4 FY25 | Hyundai Motor India Ltd plans to launch four electric vehicle models in future, including Creta EV, in the last quarter of the current fiscal, according to the company's preliminary IPO papers filed with Sebi.
Also read:Hyundai IPO: Files D... |
14.06.2024 | MC Exclusive| Sebi trying to reduce PE funds’ influence over IPO pricing with cancellation of special rights: Sources | the regulator has been asking for the investors to be kept out of the IPO decisions through various steps, according to insiders.
The market regulator is trying to reduce private equity (PE) investors' influence over the pricing of public i... |
12.06.2024 | SEBI Supports HDFC Securities' Launch of HDFC Premium Member Service (HPMS) as Stock Strategy Service on June 28 | SEBI Endorses HDFC Securities' Launch of HDFC Premium Member Service (HPMS) INDIA, June 12, 2024 /EINPresswire.com/ -- The Securities and Exchange Board of India (SEBI) is pleased to announce and endorse HDFC Securities Limited's official l... |
12.06.2024 | PTC India's CMD, PTC India Financial Services' ex-MD fined, barred from holding position in listed companiesrate governance lapses | The two have also been restrained from holding Board and KMP positions on listed companies.
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PTC India Financial Services' director Rajib Kumar Mishra, w... |
11.06.2024 | Ola Electric Gets SEBI Approval For INR 5,500+ Cr IPO | SUMMARY
The company is eyeing a listing on the exchanges within a month, a source told Inc42
Ola Electric filed its draft red herring prospectus with the markets regulator in December last year
As per the DRHP, the public issue will compris... |
11.06.2024 | Unifi Capital Launches Two New Funds at GIFT City Rangoli India Fund and G20 Portfolio are the two new funds launched by Unifi Capital, via its subsidiary UIML in GIFT City, to expand international in... | Unifi Capital announced the launch of two new fund offerings through its subsidiary, Unifi Investment Management LLP (UIML), in GIFT City, International Finances Services Centre.
Sarath Reddy, Founder and CIO of Unifi Capital, said, "T... |
11.06.2024 | India's Ola Electric wins approval for $660 million IPO, sources say | MUMBAI : Indian e-scooter maker Ola Electric has received regulatory approval to go ahead with its $660 million Initial Public Offering, said two sources with direct knowledge, paving the way for the country's first ever EV stock listing.
S... |
10.06.2024 | Paytm, Zomato, JFS Among Stocks To Enter F&O Segment If SEBI Changes Rules: Nuvama | SUMMARY
Several stocks including Paytm, PB Fintech, Nykaa, Delhivery, LIC, and Adani Green could possibly enter the F&O trading segment on SEBI's proposed changes in eligibility criteria for the derivatives market
The SEBI on has publis... |
10.06.2024 | SEBI Supports HDFC Securities' Innovative HPMS Launch | SEBI Welcomes HDFC Securities' New Premium Member Service (HPMS)
HDFC Premium Member Service (HPMS) Launched with SEBI's Endorsement KUALA LUMPUR, INDIA, June 10, 2024 /EINPresswire.com/ -- The Securities and Exchange Board of India (SEBI) ... |