The FinTech Hub
Source: Live Mint The consultation paper, released on 2 May, suggests streamlining the placement document by focusing on relevant information. This includes updates to disclosures about risk factors, the use of proceeds, capitalization statements, and financial details. The objective, Sebi said, is to eliminate redundant information and enhance the clarity and relevance of disclosures for…
Source: Live Mint AIFs include private equity, venture capital and hedge funds, besides other privately pooled instruments that invest in real estate to commodities. Such investments usually carry higher risk and are targeted at high-net-worth or wealthy investors. Also read | Prop, retail see decline in F&O turnover ahead of Sebi curbs taking effect The…
Source: Live Mint Imagine someone offers you VIP tickets to a concert for which others are struggling to gain entry (Coldplay, anyone?) That’s what the Edelweiss Recently Listed IPO Fund, India’s only IPO-focused fund, promises to do for retail investors who find it hard to get allotments in initial public offerings. It isn’t easy for…
Source: Business Standard Spicejet (Photo: Wikipedia) 3 min read Last Updated : Oct 08 2024 | 12:34 PM IST SpiceJet shares climbed 9.5 per cent to Rs 63 on the BSE in Tuesday’s intraday trade after the company said it will significantly expand its fleet by the end of November with the induction of ten aircraft….
Source: Business Standard Photo Credit: Ruby Sharma 2 min read Last Updated : Sep 27 2024 | 8:11 PM IST State-owned Punjab National Bank (PNB) has raised Rs 5,000 crore through an issue of equity shares to qualified institutional players. The bank allocated about 48.19 crore equity shares at an issue price of…
Source: Business Standard 4 min read Last Updated : Sep 12 2024 | 12:29 PM IST Shares of Mrs. Bectors Food Specialities hit a record high of Rs 2,009, as they rallied 10 per cent on the BSE in Thursday’s intra-day trade. The stock of the fast moving consumer goods company that majorly manufactures biscuits…
Source: Business Standard 3 min read Last Updated : Sep 06 2024 | 10:31 AM IST Baazar Style Retail (BRSL) made a listless stock market debut, with its shares listed at par against its issue price of Rs 389 per share on the National Stock Exchange (NSE) and BSE on Friday. Post listing,…
