Mumbai: Mutual funds plan to request the Securities and Exchange Board of India to relax maturity norms for additional tier-1 bonds to encourage fund houses to invest in these relatively high-yielding debt instruments that banks issue to shore up equity capital. “The Securities and Exchange Board of India (Sebi) has provided some leeway when it … Read more
Foreign Portfolio Investors (FPIs) were net buyers of Indian equities in August, purchasing shares worth Rs 7,320 crore. The total investments by them now stand at Rs 42,886 crore, so far in 2024. In July, FPIs bought domestic shares worth Rs 32,365 crore while in June, they were net buyers at Rs 26,565 crore after … Read more
Raamdeo Agrawal, Chairman & Co-Founder, Motilal Oswal Group, says the way Buffett runs Berkshire, no company in India runs like that. You will see a lot of these kinds of companies coming in which will say that they are running a broking or some other business but will very actively manage my equity accounts because … Read more
“So, the Go Digit name may be somewhat misleading. So, while they are using technology very well and their internal backbone is all on new tech, it is very-very digital. The selling of insurance in India, if you want to be mainstream, has to be done through agents. But again, technology can allow you to … Read more
Mining conglomerate Vedanta Ltd is estimated to have raised around Rs 3,200 crore from the offer for sale (OFS) of subsidiary Hindustan Zinc Ltd. The offer for sale (OFS) of Vedanta group firm Hindustan Zinc Ltd received a strong response from retail and institutional investors, sources said. Vedanta is estimated to have received around Rs … Read more
“Allocate new money to a multi-asset allocation strategy or an equity savings fund with lower equity allocations,” says Sahil Kapoor, Head of Products & Market Strategist, DSP Mutual Fund. In an interview with ETMarkets, Kapoor said: “Retail investors should prioritize building a well-rounded portfolio that includes both equity and debt, aligning their investments with their … Read more
As a mark of tribute to ace investor late Rakesh Jhunjhunwala on the occasion of his second death anniversary, his family and Rare Enterprises has taken out an advertisement in newspapers with a theme ‘Darne Ka Kya’ which lauds his penchant for taking big risks which ultimately paid him rich returns. The message is “the … Read more
The SME IPO of Positron Energy has opened for subscription today and will close on August 14. The company aims to raise about Rs 51.21 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the … Read more
“I believe we are currently in India’s Golden Decade and by 2030, on a market cap-to-GDP ratio of 115, Sensex will have scaled the 1,15,253-mark,” says Amisha Vora, Chairperson & MD, PL Capital – Prabhudas Lilladher. In an interview with ETMarkets, Vora said: “We remain positive on Capital Goods, Infra, Healthcare, Auto, Ports, Cement, Private … Read more
Mumbai: Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch and her husband Dhaval Buch on Sunday said that at no point in time did the fund IPE Plus – in which they had invested – acquire bonds, equities or derivatives of any Adani group company. They said all disclosures of securities held … Read more
