August 29, 2024 New Delhi, India Paytm Shares Paytm, through its parent company One 97 Communications, is set to reapply for a payments aggregator (PA) licence from the government after receiving approval for downstream investment into its payments arm, Paytm Payments Services Limited (PPSL). This move comes after regulatory challenges faced by its lending unit,…
August 26, 2024 New Delhi, India Jio Financial Services Jio Financial Services Ltd., a key player in India’s financial services sector, announced on Saturday that it has received approval from the Department of Economic Affairs, Ministry of Finance, to increase foreign investment limits in the company to 49% of its total equity on a fully…
August 7, 2024 New Delhi, India FPI Investments Foreign Portfolio Investors (FPIs) have significantly increased their investments in the Indian stock market, with notable inflows into the Information Technology (IT) sector. This article explores the details of FPI activities in July, including sector-wise inflows and outflows, and their impact on the Indian equity market. FPI…
July 19, 2024 New Delhi, India IPO Watch Sanstar Limited’s initial public offering (IPO) has opened today, and it has already garnered significant attention from investors. The IPO will remain open until July 23, 2024. Here, we provide a comprehensive overview of the IPO, including its grey market premium (GMP), subscription status, key details, and…
July 8, 2024 New Delhi, India IPO Watch As the Indian stock market continues to buzz with activity, several exciting initial public offerings (IPOs) are set to captivate investors in the coming week. These IPOs promise a diverse range of opportunities across sectors, aiming to raise substantial capital and expand their market presence. Among them,…
March 26, 2023 New Delhi, India Tata Investment Corporation, a subsidiary of Tata Sons specializing in long-term investments, witnessed a continued downward spiral in its share price as it hit the lower circuit for the eleventh consecutive session. Here are the key highlights from this development: Persistent Decline: Tata Investment shares were locked at the…
February 14, 2023 New Delhi, India FPI Investment Trends in Indian Markets: Foreign Portfolio Investors (FPIs) have shown a notable uptick in investments within Indian markets, marking a significant 13% increase to $738 billion during the December quarter of 2023. This trend highlights a positive shift in FPI sentiment towards India’s economic landscape. Factors Driving…
January 10, 2023 New Delhi, India Vibrant Gujarat Summit LIVE updates In a significant economic boost, the 10th edition of the Vibrant Gujarat Global Summit 2024 kicked off today in Gandhinagar, inaugurated by Prime Minister Narendra Modi. The event, which was canceled in 2021 due to the pandemic, saw the participation of several global leaders…
December 21, 2023 New Delhi, India Adani Group In a significant turn of events, the Adani group has attracted substantial global investments exceeding $6 billion in the year 2023. This surge accounts for nearly one-third of the total net foreign portfolio inflows into Indian equities during the same period. Renewed Confidence Post-Hindenburg: Following the fallout…
December 8, 2023 New Delhi, India Historic SIP Growth Drives Record Investment Milestone November 2023 etched a landmark in the investment sphere, witnessing Systematic Investment Plans (SIPs) reach an unparalleled peak, exceeding the ₹17,000 crore threshold for the first time. This remarkable surge underscores a paradigm shift in investor behavior, highlighting the increasing preference for…
