Understanding IPOs: Key Considerations for Investors Initial Public Offerings (IPOs) have witnessed significant fluctuations in interest over the years. From a surge from 2004 to 2008, a brief resurgence in 2015, to a renewed wave of enthusiasm since last year, it’s essential for potential investors to approach IPOs with caution. Many individuals dive into IPO ...
Surge in Electric Two-Wheelers in India The adoption of electric two-wheelers is rapidly gaining traction in India, with projections indicating a noteworthy increase in market share. As per a report by investment banking firm Jefferies, the share of electric two-wheelers is expected to escalate from the current 5% to an impressive 13% by the financial ...
Federal Reserve May Cut Interest Rates: What to Expect The Federal Reserve is poised to make a significant decision regarding interest rates on September 18, potentially implementing the first cut in over four years. As the US presidential election approaches, this move has sparked debates among policymakers regarding its timing and size. With inflation hitting ...
Recent Allegations Surrounding Religare Management In recent months, tensions have escalated significantly between the current management of Religare and the Burman family, marking a challenging period for the company. Serious allegations regarding violations of corporate governance practices have been exchanged between both parties, further intensifying the conflict. ED Action Against Management On September 6, the ...
Strong Growth in Housing Finance at Bajaj Housing Finance Atul Jain, the Managing Director of Bajaj Housing Finance, recently discussed the company’s robust growth trajectory within the burgeoning housing finance sector. He highlighted that over the past three years, the company has achieved an impressive compound annual growth rate (CAGR) of 31% in assets under ...
Introduction The August 2024 employment report has revealed that the U.S. labor market is currently facing more challenges than analysts had anticipated. With bond yields reflecting traders’ unease and a projected 61.8 percent chance of recession in the next 12 months, markets are on high alert. This worrying trend marks the highest probability of recession ...
Recent Developments in the Kolkata Doctor Rape and Murder Case The disturbing case of a Kolkata doctor, who was tragically raped and murdered, has taken a shocking turn as Sandeep Ghosh, the former principal of RG Kar Medical College and Hospital, has been accused of involvement in the crime. Ghosh, who is already in CBI ...
Empowering Women Leaders in India: The Reliance Foundation and Vital Voices Fellowship 2024-25 The Reliance Foundation, in collaboration with Vital Voices, has officially launched the Women Leaders India Fellowship for the 2024-25 program. This esteemed initiative has selected 50 exceptional women who are making significant contributions in various sectors, including climate change, education, livelihoods, sports, ...
Government Prioritizes Local Manufacturing in Telecom Sector The Department of Telecom (DoT) has taken a significant step towards promoting indigenous manufacturing by issuing draft norms that focus on local value addition in telecom equipment. A revised list of 36 telecom products has been proposed, which will now receive priority in government procurement if they are ...
SEBI Introduces Centralized Fee Collection Mechanism for Investment Advisors and Research Analysts The Securities and Exchange Board of India (SEBI) has taken a significant step towards streamlining fee payments for registered investment advisors (IAs) and research analysts (RAs) by launching the Centralized Fee Collection Mechanism (CeFCoM). This new system, introduced on an optional basis, aims ...
Overview of SEBI’s Ruling on NSE Co-Location Case The Securities and Exchange Board of India (SEBI) has recently concluded its proceedings against numerous parties involved in the National Stock Exchange’s (NSE) co-location services case. This decision, communicated in a ruling issued on September 13, marks a significant development in a long-standing investigation that has raised ...
Recent Performance of PSU Stocks: Trends and Future Outlook The performance of public sector companies (PSUs) in India has been notable throughout the early months of this year, showcasing resilience in a fluctuating market. However, recent trends suggest a downturn that investors need to be aware of. The Nifty PSE index, which tracks the performance ...
Clarification from SEBI Chairperson on Rental Income Allegations In response to recent allegations regarding rental income, SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, have issued a comprehensive statement to clarify their position. The couple emphasized that they had rented out their property to an associate unit of Wockhardt under normal circumstances, ensuring ...
Purvankara’s Recent Performance and Strategic Moves in Real Estate Purvankara, a leading real estate developer based in Bangalore, has recently made headlines with its impressive stock performance and strategic acquisitions. Shares of Purvankara surged 5% on September 13, reaching an impressive high of Rs 456. This upward trajectory can be attributed to the company’s acquisition ...
Goldman Sachs Maintains ‘Sell’ Rating on Vodafone-Idea Amid Investment Participation Recently, international brokerage firm Goldman Sachs stirred conversations in the financial world by reaffirming its ‘sell’ rating on Vodafone-Idea, a notable player in the Indian telecom sector. However, an intriguing twist emerged when it was disclosed that Goldman Sachs acted as an anchor investor in ...
Market Overview: Record Highs for Sensex and Nifty On September 12, the Indian stock market reached unprecedented heights, with both Sensex and Nifty closing at record highs. This surge came as a surprise to market analysts and investors alike, who had anticipated a more stable performance. The Role of IPOs in Market Growth An Initial ...
Record Highs for Sensex and Nifty: A Historical Day for the Stock Market On September 12, the Indian stock market witnessed a remarkable surge as both the Sensex and Nifty indices reached record highs, defying market expectations. This upward trajectory was significantly influenced by the recent initial public offerings (IPOs) that captured investor interest and ...
Birla Estates Expands Its Portfolio with Land Acquisition Near Thane In a strategic move to strengthen its presence in the real estate market, Ekamaya Property, a subsidiary of Birla Estates, has successfully acquired 24.5 acres of land near Thane for a considerable sum of Rs 537.42 crore. This acquisition, reported by the property website Square ...
SEBI Takes Action Against Karvy Stock Broking The Securities and Exchange Board of India (SEBI), the market regulator, has initiated significant enforcement measures against Karvy Stock Broking. This includes seizing various financial accounts belonging to the brokerage firm in a bid to recover a total of ₹15.34 crore. This action was necessitated by the firm’s ...
Understanding Vodafone Idea Shares: A Contradictory Situation The stock market is often filled with complexities and contradictions, and the recent situation surrounding Vodafone Idea shares exemplifies this. Goldman Sachs, a prominent investment bank, has issued a stark warning about Vodafone Idea’s stock, suggesting that it could plunge by as much as 83%, bringing its price ...
