Mumbai: The frequency and size of block deals in India are keeping pace with the recent surge in India’s equity indices as promoters, private equity majors and global investment funds execute billions of dollars of negotiated trades in public stock. So far in March, shares worth more than ₹55,000 crore – the highest ever in … Read more
The Toronto Stock Exchange’s parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi. According to TMX Group CEO John McKenzie, the deal helps expand its exchange-traded fund business globally. “The exchange-traded fund is essentially one of the most important innovations in investing in the marketplace history — … Read more
Mumbai: Around a dozen foreign portfolio investors (FPIs) have been asked by the income tax (I-T) department in the last one month to share the identities of authorised signatories of their bank accounts as well as justify the treaty benefits claimed by them. If the signatories are residents, the tax office, some feel, may question … Read more
Mumbai: The stock exchanges have removed 39 small-cap stocks from the Enhanced Surveillance Measure (ESM) framework, effective from January 29, 2024. According to the stock exchange circular issued on Thursday, stocks such as Rajoo Engineers, Brand Concepts, Modern Insulators, BPL, Mirc Electronics, Shreyans Industries and Aban Offshore, among others, are included in the list of … Read more
