[dropcap]S[/dropcap]ebi and exchanges have started examining trade details of over two dozen stocks as part of a probe into alleged leak of key financial details of these companies through WhatsApp while the regulator is also considering seeking call data records of the persons involved. The companies include several listed blue-chip firms, officials said on the […]
Looking to provide an impetus to the early-stage startup ecosystem, markets regulator Sebi plans to reduce minimum angel fund investment for venture capital undertakings to Rs 25 lakh from the current Rs 50 lakh. Sebi may also allow the angel funds to make overseas investments up to 25 percent of their investible corpus, in line […]
Varun Beverages, franchisee for soft drinks maker PepsiCo, has received markets regulator Sebis approval to raise over Rs 1,000 crore through an initial public offering. Besides, leading logistics service and solutions provider, Seaways Shipping & Logistics has also got Sebis nod to float an IPO. Varun Beverages and Seaways Shipping & Logistics had filed their […]
To encourage listing of start-ups, Sebi today proposed an easier framework that allows more investor categories, relaxed shareholding norms and reduced trading lot amount. In this regard, the markets regulator has mooted changes to the framework of Institutional Trading Platform (ITP), which has not seen much traction even though it was put in place in […]
JSW Ventures, the venture capital arm of the JSW Group, today said it has received clearance from markets regulator Sebi to begin investing in the country. JSW Ventures would focus on providing early-stage funding to technology-enabled startups operating in the education, healthcare, financial services, SaaS (software as a service) and enterprise software space. The fund […]
Automotive components firm Sandhar Technologies has received market regulator Sebi’s approval to raise at least Rs 300 crore from an initial public offering. The company had filed the draft red herring prospectus (DRHP) with Sebi on September 29, seeking permission for an IPO. The Securities and Exchange Board of India (Sebi) has cleared the proposed […]
Hiring firm TeamLease Services Ltd on Monday secured approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO). The firm had filed its draft initial public offering (IPO) papers with the capital markets regulator in September. The company, backed by private equity funds Gaja Capital and ICICI Venture’s India […]
Coffee Day Enterprises Ltd, known as the Cafe Coffee Day (CCD) brand among other businesses, has received the green signal from securities market regulator Securities & Exchange Board of India (SEBI) to float its initial public offer (IPO). India’s biggest coffee chain firm had filed its draft red herring prospectus (DRHP) with Sebi through its lead […]
India’s financial landscape is witnessing a remarkable transformation as the number of demat accounts has surpassed the 17 crore mark in August 2024. This milestone comes as monthly additions continue to exceed 40 lakh for the sixth consecutive month, reflecting a sustained surge in investor participation. Key Drivers Behind the Demat Boom Several factors are […]
Global private equity giants EQT, CVC Capital, and Bain Capital have shown keen interest in the ongoing major stake sale process at Aavas Financiers Ltd (formerly AU Housing Finance Ltd). As per initial report, the deliberation of complete exit by NBFC’s twin promoters, Kedaara Capital and Partners Group, after jointly acquiring the firm over eight […]
Bengaluru, 8th July 2024: In a significant development within the tech and transportation industry, Ola Cabs, under the leadership of Bhavish Aggarwal, has made a strategic transition to utilizing its proprietary online mapping service, Ola Maps. This move marks a pivotal shift for the Bengaluru-based ride-hailing company as it aims to enhance operational efficiency, reduce […]
Mumbai, Jul 18th, 2021: Reliance Retail Ventures Ltd (RRVL) will acquire a 40.95 percent stake in Just Dial for around $500 million to bolstering its digital services in India. Reliance investment in Just Dial is part of the conglomerate’s digital bet. Over the past many quarters, Reliance has announced a number of investments in companies […]