EQUITIES BUSINESS
It’s time that the stock market is made accessible to retail investors without the risk of punting or trading Households will not, and should not, resort to stock trading as their tool to manage surplus funds. Many retail investors are still unable to deftly book losses and keep the focus on the capital and its protection. They are still product-oriented an...
15 Jul, 2024, 06.30 AM ISTIndia is still a stock pickers' paradise, says Porinju Veliyath, lauds Raymond for full value unlocking Porinju Veliyath stresses market correction readiness, noting Raymond’s stock's rise from Rs 300 in 2021 to Rs 3,100. Raymond's lifestyle, real estate, engineering segments, Maini Precision ties, and the Rs 7,000 crore demerger on the 11th are key. ...
09 Jul, 2024, 02.14 PM ISTMidcaps stocks for long term investors: 5 stocks from different sectors with right financial & growth matrix and upside potential of up to 49% Buying quality stocks should be one of the basic principles while investing in markets. But when one is buying mid-cap stocks this principle becomes even more important for multiple reasons. At this point of time, when valuations are high and small ...
29 Jun, 2024, 03.21 PM IST- ADVERTISEMENT
Agritech startup Two Brothers Organic Farms raises Rs 58.2 crore from Nithin Kamath’s Rainmatter Two Brothers Organic Farms, an agritech startup, has raised Rs 58.2 crore in funding led by Nithin Kamath's Rainmatter Foundation. The round also saw participation from Silicon Valley entrepreneur Raju Chekuri, founder of the cybersecurity firm NetE...
27 Jun, 2024, 09.50 PM ISTMapmyIndia shares fall 6% after promoter likely offloads stake Shares of CE Info Systems-owned MapmyIndia fell by 6% to day’s low of Rs 2,271 on BSE after the company’s promoter Rakesh Verma reportedly offloaded equity stake via a block deal on Wednesday.
26 Jun, 2024, 02.39 PM ISTNCLT approves Raymond group entities’ strategic demerger, amalgamation The National Company Law Tribunal (NCLT) has approved Raymond’s composite scheme of arrangement and restructuring, involving the demerger of its lifestyle business and the amalgamation of its consumer trading arm. The approval paves the way for a fo...
23 Jun, 2024, 10.46 PM ISTFPIs infuse Rs 12,170 crore in equities in Jun on hopes of policy reform continuation, eco growth Staging a strong comeback after general election results, foreign investors pumped Rs 12,170 crore in Indian equities so far in June, mainly driven by expectations of continued policy reforms and sustained economic growth.
23 Jun, 2024, 12.51 PM ISTNeobank Jupiter's NBFC business raises Rs 20 crore from Peak XV, Matrix, others Jupiter's NBFC business, Amica Finance, raised Rs 20 crore in equity funding from Peak XV Partners, Matrix Partners, and others. The funding round included issuance of Series A CCPS at Rs 20.43 per share. Jupiter obtained an NBFC license from RBI an...
21 Jun, 2024, 10.01 PM ISTNBFC Arthan Finance raises Rs 50 crore in equity funding Mumbai-based NBFC Arthan Finance, which focuses on lending to micro and small businesses, will use the new funds to grow its assets under management, expand to other geographies and add artificial intelligence (AI) and machine learning (ML) to its o...
10 Jun, 2024, 03.48 PM IST8 mutual fund NFOs are currently open for subscription. Here is the break up Mutual fund houses offer new products to investors to complete their bouquet of offerings.
06 Jun, 2024, 08.32 PM ISTGodrej Properties sells 5% in Godrej Green Homes to Godrej Fund Management Godrej Properties sells 5% equity stake in Godrej Green Homes to Godrej Fund Management and Investment Advisors for Rs 46.70 crore.
05 Jun, 2024, 11.49 PM ISTEmbassy REIT raises Rs 1200 crore debt to acquire prime commercial asset in Chennai Embassy REIT secured a Rs 1200 crore debt from a nationalised bank to purchase a 5 mn sq ft commercial asset in Chennai, expanding into a new growth market. The acquisition was funded through debt at 8.05% and internal accruals. The property has a h...
03 Jun, 2024, 04.06 PM ISTKnow Your Fund Manager | Harish Krishnan, Co-CIO and Head Equity, Aditya Birla Sun Life AMC Once I joined Kotak, I realised that the role of a buy-side analyst is not very different from that of consulting – in terms of looking at a range of companies across sectors, trying to analyse various aspects that improve competitiveness of the com...
28 May, 2024, 10.17 AM ISTChrysCapital sets sights on pharma buyout deals ChrysCapital, led by MD Kshitij Sheth, aims to acquire Indian companies in the formulation business with potential valuations of $200 million-$500 million, focusing on growth and eventual public listings.
28 May, 2024, 12.14 AM ISTMore PEs head to India armed with big money to bag deals Growtheum Capital Partners, a private equity firm headquartered in Singapore, is scheduled to inaugurate its Mumbai office this July, joining the growing list of PE investors in India. At the same time, US-based private equity firm Platinum Equity i...
25 May, 2024, 12.32 AM ISTITC Q4 Preview: Revenue to grow around 3% YoY; margins to contract Brokerage firms expect that ITC will announce subdued revenue growth for the fourth quarter when it declares its results on May 23. Based on projections from different brokerages, it's anticipated that profits will see a modest 3% year-on-year incre...
23 May, 2024, 06.49 AM ISTSebi amends rule to facilitate ease of doing biz for cos planning IPOs Companies promoted by entrepreneurs often have several rounds of funding prior to listing their equity shares on the stock exchanges. In such situations, the promoters' holding may fall short of the minimum promoter contribution i.e., 20 per cent of...
21 May, 2024, 07.19 PM ISTCapitaLand India Trust (CLINT) appoints Gauri Shankar Nagabhushanam as Chief Executive Officer-Designate. Gauri Shankar Nagabhushanam is set to become the Chief Executive Officer of CapitaLand India Trust (CLINT) in August 2024. He brings over 20 years of experience in real estate private equity, fund management, and corporate finance. Previously, he se...
15 May, 2024, 07.05 PM ISTFrom Bikaner to Blackstone: The success story of humble Haldiram's Since 2016-17, several private equity firms including General Atlantic, Bain Capital, Capital International, TA Associates, Warburg Pincus, Everston have been talking with the Agarwal family for a minority stake or a controlling one. Haldiram's jour...
14 May, 2024, 08.27 PM ISTIIM Bangalore to open private equity centre of excellence The Indian Institute of Management, Bangalore, is poised to establish the nation’s inaugural private equity center of excellence within an academic institution, supported by Mathew Cyriac, an alumnus of the institute and executive chairman of Florin...
09 May, 2024, 12.09 AM IST