As capital markets regulator SEBI (Securities and Exchange Board of India) is slated to meet on September 28, a slew of investor-friendly proposals may get the go-ahead, according to news reports. These measures include making M&As (mergers and acquisitions) easy for listed firms and altering regulations pertaining to promoters’ superior voting rights in the case …
Shares of Sansera Engineering got listed on the stock exchanges on 24 September 2021 Friday. Following a successful initial public offering, this company had set the issue price at Rs. 744. Here, we’ll be looking into how this company’s D-Street debut turned out to be. Sansera Engineering Share Listing – Both NSE and BSE Sansera …
PLI’s Contribution In Improvement Of Financial System And Economic Development The Reserve Bank of India (RBI) governor Shaktikanta Das stated on Wednesday that while India’s financial system is growing and economic development is improving, the coronavirus has had an unequal impact on Indians, which must be addressed for long-term, inclusive progress. The RBI governor also …
Shareholders of hypermarket chain operator – Avenue Supermarket have much to celebrate. The share price of this stock is likely to cross the Rs. 5,000 mark by March 2022, said experts. Moreover, a robust business model combined with a fresh demand for offline shopping will likely cause the stock price to rise further. This proves …
On 22 September 2021, defence electronics manufacturers Electronics Mart and Data Patterns filed their initial draft paper with the market regulator SEBI. Following is a look at the available information about these upcoming IPOs. A Quick Look at Data Patterns IPO Details This defence electronics player is aiming to fundraise a maximum of Rs. 700 …
An Overview Last week, the finance minister said that the government will back securities issued by NARCL to acquire bad loans worth Rs. 2 lakh crore with a total of Rs. 30,600 crore in government guarantees. She said that NARCL will buy these loans that are completely guaranteed by banks, reducing problematic loans on banks’ …
An Overview According to a group of experts, India should postpone a plan to decrease stock transaction settlement times since it increases the danger of local brokerages defaulting and reduces the country’s appeal to international investors. The Securities and Exchange Board of India, India’s capital market regulator, has proposed allowing stock exchanges to offer next-day …
Capital markets regulator SEBI is reportedly deliberating on the issue of transitioning from the long-held promoter concept to controlling shareholder idea. Reports say that SEBI plans to deliberate with the RBI, the Ministry of Corporate Affairs, and insurance regulatory and development authority IRDAI so as to come up with a framework on the issue. Thus …
Software firm Freshworks on Wednesday became the first Indian SaaS firm to get listed on Nasdaq, the American stock exchange when it launched a $1-billion-dollar initial public offering. The company is a software-as-a-service firm and is based in San Mateo, California although it has a significant staff in Chennai. The Indian SaaS company’s debut on …
An Overview Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the purchase of the Andhra Pradesh government’s remaining 10.4 percent share in Gangavaram port for Rs. 645 crore. “The boards of directors of APSEZ and GPL have also approved the merger of GPL and APSEZ, based on GPL’s valuation of Rs 120 per …
