A third national-level equity exchange is set to go live in the next few weeks, with the Multi Commodity Stock Exchange (MCX-SX) securing regulatory permission to operate as a full-fledged stock exchange. This comes after a four-year wait and an intense legal battle between the stock exchange aspirant and the Securities and Exchange Board of […]
Pointing to the need of investment to bridge the infrastructure deficit in the country, Urban Development Minister Kamal Nath today said his ministry was drawing a list of municipalities which could raise funds by issuing bonds in the capital market. “We have assigned an agency to look at which Municipal corporations are bankable…which in the […]
The government might finally include mutual fund (MF) investments in the Rajiv Gandhi Equity Savings Scheme (RGESS), against the backdrop of Prime Minister Manmohan Singh outlining resolution of problems in the MF industry as one of the priority areas. An official, who is part of the consultation process for concretising RGESS norms announced in the […]
To save cost, brokerages are now promoting online trading. Clients with technology at their behest are lapping up the opportunity. Data sourced from the NSE and the BSE also tell the same story. http://www.thehindubusinessline.com/markets/stock-markets/article3602665.ece .
IDFC Ltd plans to raise at least Rs 3 billion via 3-tranche bonds, a source with direct knowledge of the deal said on Wednesday http://economictimes.indiatimes.com/markets/bonds/idfc-plans-to-raise-at-least-rs-3-bln-via-3-tranche-bonds/articleshow/14672672.cms .
IDFC Ltd plans to raise at least Rs 3 billion via 3-tranche bonds, a source with direct knowledge of the deal said on Wednesday http://economictimes.indiatimes.com/markets/bonds/idfc-plans-to-raise-at-least-rs-3-bln-via-3-tranche-bonds/articleshow/14672672.cms .
Very soon, you will be able to invest in an initial public offer electronically. Markets regulator Securities and Exchange Board of India (SEBI) has said implementing e-IPOs is next on its agenda to revitalise the primary market. http://www.thehindubusinessline.com/markets/stock-markets/article3599103.ece?homepage=true .
CAMS Investor Services has received approval from SEBI to serve as a KYC Registration Agency (KRA). The KRA initiative is aimed at eliminating the duplication of Know Your Customer (KYC) process which an investor has to go through while dealing with multiple intermediaries such as mutual funds, PMS, PE funds, brokers, depository participants, among others. […]
As many as 22 companies have called off their initial public offerings so far in 2012, according to stock broking firm SMC Global Securities. They were planning to raise about Rs 8,392 crore in aggregate. http://economictimes.indiatimes.com/markets/stocks/market-news/22-companies-have-called-off-their-ipos-so-far-in-2012-smc-global-securities/articleshow/14648594.cms .
As many as 22 companies have called off their initial public offerings so far in 2012, according to stock broking firm SMC Global Securities. They were planning to raise about Rs 8,392 crore in aggregate. http://economictimes.indiatimes.com/markets/stocks/market-news/22-companies-have-called-off-their-ipos-so-far-in-2012-smc-global-securities/articleshow/14648594.cms .
