As COVID-19 cases are rising in the country, lockdown rules don’t seem to relax anytime soon. With this, the economic losses are mounting. COVID-19 has caused extensive business disruption by significantly lowering demand and supply in the economy. It has bogged down the capital market, sending investors on hiatus. And, the banking and finance sector …
The Security Issuance Committee of Shriram Transport Finance Company (STFC) has okayed the proposal to launch Rs 1500 crores rights issues to its existing stakeholders. In a meeting on Monday, July 6, the committee agreed to issue rights issue to raise funds from the market. In its filing announcement, the company declared that the promoter …
If you are trying to invest in the equity market through a sub-broker, he will tell you that he is required to pay GST on his earning. Like any business, sub-brokers also come under the GST rules and need to pay taxes as per the slabs. The new service tax regime has brought the sub-broker …
After years of delay, it seems like the roadblock is finally over for electricity futures to trade in the Indian derivative market. It will allow both producers and consumers to enter into futures and options deals to hedge against price volatility and other associated risks. The decision was pending for some time now since discussion …
SEBI decides to cut some slack over stringent insider trading rules amid COVID-19 condition to make it easier for companies to raise capital from the market. However, the regulator has also instructed the companies to maintain a structured record regarding all unpublished price information and details of people who have access to it. The decision …
Hexaware Technologies Board of Directors has approved the delisting proposal and give the nod to take the company private. However, they are proposing a floor price which is several notches lower than its current share value, and it might not please the shareholders. The market observes that private owners may gain if they can keep …
Adani Powers (APL) board of directors have approved the proposal to delist Adani Power from exchanges. It announced its decision in an exchange notification on Monday. In buying back its shares, Adani Power is offering a floor price of Rs 33.8 to its existing shareholders – a price that is 11 percent lower than its …
The Zinc manufacturing giant, Hindustan Zinc Limited (HZL) is looking at options to sell their wind energy asset through a block deal. According to sources conscious of the developments, if the plan is placed on the table, it will amount to Rs 1,500 crores. The company described its wind energy segment as non-core and looking …
Indian stock market is a highly regulated sector. SEBI, the market regulator, has placed strict rules and regulations to maintain a high degree of integrity and transparency in every trade that takes place in BSE and NSE exchanges. For all, sub-brokers, stockbrokers and clients, SEBI shares a list of dos and don’t that they are …
Reliance Industry stocks are one of the few shares that maintained high-performance level even when NSE and BSE both experienced steep fall. Over the last two months, Reliance has signed a few ground-breaking investment deals with leading global investors, including one with Facebook and others with the top USA marquee investors. Naturally, when Reliance announced …
