Equity Broking

Blackstone confirms $13 bn investment in Britain for AI data centre

Previous plans for the site fell through when UK startup Britishvolt collapsed last year, in a blow to the country's hopes of building a home-grown battery industry

Indian equity funds' cash holdings at 5-yr high on caution over valuations

Although the rise in cash levels is partly due to inflows and the launch of new funds, caution is also a factor

'Discount broking space getting overcrowded; Sensex can hit 100,000'

Globally, growing number of parliamentarians are worried about legitimised gambling via stock exchanges which has social and financial implications, said CJ George, founder & MD, Geojit Financial

Ather Energy promoters Tarun Mehta, Swapnil Jain set to drive stake 6-7% up

Fresh equity infusions before the company takes the IPO route

IDFC First Bank to issue Rs 3,200 cr of equity shares on preferential basis

The allottees of these shares are LIC, HDFC Life, Aditya Birla Sun Life, Bajaj Allianz, ICICI Lombard, and SBI General

Motilal Oswal Financial bonus issue plan buzz: Stock up 5%, hits record high

Thus far in the calendar year 2024, the stock price of MOFSL has appreciated by 76 per cent

Streamlining the disciplinary process

There is a need for consistency in the adjudicating frameworks of Sebi and other market regulators to ensure fair financial market outcomes

Broking industry's race to the top: Groww poised to pip Zerodha, but...

Groww set to become number one in active investors, but Zerodha remains most profitable

Union Bank on India to raise up to Rs 5,000 cr through QIP of equity shares

Union Bank of India on Monday said it will raise up to Rs 5,000 crore through qualified institutional placement. A Committee of Directors on Raising Capital Funds has, at its meeting held on Monday i.e. August 21, 2023, approved the raising of funds for an amount not exceeding Rs 5,000 crore through the issue of equity shares through Qualified Institutions Placement (QIP), Union Bank said in a regulatory filing. The floor price of the issue is Rs 91.10 per equity share, while the date of opening of the issue is Monday, the bank added.

Angel One dips 7% as NSE bars onboarding of new authorised persons

Angel One said NSE's order does not affect the existing business or the activities of the APs affiliated with the company.

FPIs invest $1 bn in Indian equities thus far in FY24 on cheaper valuations

Information technology saw renewed interest with foreign investors adding 10.02 billion rupees, while the auto segment also witnessed FPI buying

AM/NS India EBITDA drops 62.98% to $204 million in September quarter

ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, reported a 62.98 per cent year-on-year drop (YoY) in EBITDA

More companies will have to focus on profitability in future: Nikhil Kamath

If interest rates continue at their current trajectory, the appetite will go down, impacting the consumption and the markets, co-founder of Zerodha and True Beacon said

Two years on, Sebi's sandbox initiative yet to find its feet

Most applications have either been withdrawn or stand rejected

Profitability of domestic broking companies calms after a strong FY22: ICRA

The profitability of the domestic broking industry fell to 34 per cent in Q1FY23 from 38 per cent in the similar period last year due to geopolitical concerns and the adverse macroeconomic outlook

BSE, NSE take measures to standardise disclosures by listed entities

Leading stock exchanges BSE and NSE on Monday announced that they have taken measures for standardising the disclosures made by listed companies pertaining to the critical information for investors. Listed firms are required to submit periodical compliance filings to stock exchanges within the prescribed timelines. Under the measures, stock exchanges have implemented new XBRL-based compliance filing mechanism featuring identical and homogenous compliance data structures. The move will not only ease the compliance burden on listed entities but would also enable analytics on the data submitted by them, BSE and NSE said in a joint statement. XBRL-based filings for equity, debt, Real Estate Infrastructure Trust (REIT), Infrastructure Investment Trust (InvIT) have been released by both the exchanges to facilitate the input of the critical clauses of Sebi's LODR (Listing Obligations and Disclosure Requirements) Regulations. "We believe that these steps shall enhance the transparency an

Sebi releases framework for advisory, portfolio management services

Sebi in August introduced the concept of 'accredited investor' in investment advisors (IA) and portfolio manager rules

YES Banks needs up to Rs 13,000 crore in equity in 1-2 years: ICRA

Reconstituted Board meets on March 26

How the Karvy case brought another three dozen brokers under Sebi's radar

Karvy is among the country's top 10 brokerage companies, with 244,000 customers in the country

Karvy a tip of iceberg: Lens on 3 dozen brokers for Rs 10k-crore fund abuse

The issue has come to light after several brokers missed the August 31 deadline set by Sebi for returning client funds