equity

Ease of doing biz: Sebi mulls relaxing enhanced disclosure framework for certain FPIs

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Ease of doing biz: Sebi mulls relaxing enhanced disclosure framework for certain FPIs

Capital markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business. In its consultation paper, the regulator suggested exempting category I university funds and university-related endowments FPI that meet specific criteria from enhanced disclosure requirements. Additionally, it proposed … Read more

Chris Wood: India’s best equity story on a 10-year view: Chris Wood

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Chris Wood: India’s best equity story on a 10-year view: Chris Wood

Mumbai: Brokerage Jefferies’ global strategist Chris Wood said he continues to believe that India is the best equity story in the world on a ten-year view. In his GREED & Fear newsletter, Wood said the Indian market-especially mid-caps-looks expensive but these valuations must be seen in the context of acceleration in growth led by a … Read more

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

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FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front. In contrast, they are bullish on the debt market and injected … Read more

ashok leyland: Ashok Leyland progressing well in network expansion in North & East

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ashok leyland: Ashok Leyland progressing well in network expansion in North & East

Chennai: Heavy commercial vehicle maker Ashok Leyland has drawn up network expansion plans in the North and Eastern parts of the country, a top company official has said. The Hinduja Group flagship company was also gearing up to launch its electric light commercial vehicles (LCVs) within the next few months. Ashok Leyland in the first … Read more

equity: Equity funds report 35th consecutive month of net inflows

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equity: Equity funds report 35th consecutive month of net inflows

Mumbai: Investors continued to buy equity mutual funds adding ₹21,781 crore in January, making this the 35th month of consecutive net inflows. These inflows climbed 28% from ₹16,997 crore in December. Contributions through systematic investment plans (SIP) surged to a record high of ₹18,838 crore in January higher by ₹1,228 crore than December’s ₹17,610 crore. … Read more

JK Tyre & Industries looking to invest Rs 1400 crore in next two years

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JK Tyre & Industries looking to invest Rs 1400 crore in next two years

JK Tyre & Industries is looking at investing Rs 1400 crore over the next two years to expand capacity to meet demand for truck, bus and passenger car radial in the local market. Anshuman Singhania, Managing Director at JK Tyre & Industries told ET, the company is utilising 85% of available capacity and will be … Read more

Jana SFB: Secured loans, low concentration top draw for Jana SFB

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Jana SFB: Secured loans, low concentration top draw for Jana SFB

ET Intelligence Group: Jana Small Finance Bank (JSFB) plans to raise ₹462 crore through fresh equity to augment capital base and up to ₹108 crore through an offer for sale by some of the existing investors. The promoter Jana Holdings’ stake will fall to 22.5% after the IPO from 25.2%. Ramesh Damani, Ashish Kacholia, Vallabh … Read more

Sebi panel suggests abolishing security deposit requirement in public issues

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Sebi panel suggests abolishing security deposit requirement in public issues

An expert committee formed by Sebi on Friday suggested to abolish the requirement of a mandatory security deposit with the exchanges before a public issue, a move that could make it easier for companies to access the primary market. Under the current rule, any company that is looking to launch a public or rights issue … Read more

Indian equities: Japanese retail investors pile billions into Indian equities

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Indian equities: Japanese retail investors pile billions into Indian equities

Japan’s retail investors are pouring money into Indian stocks amid bets the nation will be the next China. Total assets of India equity-focused investment trusts in Japan grew 11%, or ¥237 billion ($1.6 billion), in January, according to data compiled by Bloomberg. Factoring in the gains of Indian stocks on the yen basis last month, … Read more

RIL: RIL hits new high, m-cap tops Rs 19 lakh crore

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RIL: RIL hits new high, m-cap tops Rs 19 lakh crore

Mumbai: Reliance Industries, the country’s biggest stock, surged 7% Monday to a historic high of ₹2,905 apiece amid expectations that both telecom and retailing businesses will shortly list, unveiling a new chapter of value creation at the five-decade old company credited with spawning India’s equity culture through mass mobilisation of retail shareholders. With a sharp … Read more