Tutorials

Non-deliverable forwards indicate rupee will open at around 82.66-82.70 to the U.S. dollar compared with 82.51 in the previous session. The Indian rupee is poised to fall on Friday after strong U.S. private hiring data exacerbated worries of more Federal Reserve policy tightening. Non-deliverable forwards indicate rupee will open at around 82.66-82.70 to the U.S. dollar compared with 82.51 in the previous session. “Most big moves happen when people least expect it. And after what Read More

The proposal is aimed at increasing the liquidity on the RFQ platform and enhancing the transparency and disclosures pertaining to investments in corporate bonds, which in turn will encourage investment by FPIs in the corporate bond segment, Sebi said. Sebi on Thursday proposed mandating Foreign Portfolio Investors (FPIs) to undertake at least 10 per cent of their total secondary market trades in corporate bonds by value on the RFQ (Request For Quote) platform of the Read More

The IPO consists of fresh issuance of equity shares worth Rs 300 crore and an Offer For Sale (OFS) of 89.39 lakh equity shares by promoter — Snehal Rajivbhai Patel — according to the draft red herring prospectus. Pharmaceutical ingredients maker SPC Life Sciences Ltd has received capital markets regulator Sebi’s go ahead to raise funds through an initial public offering (IPO). The IPO consists of fresh issuance of equity shares worth Rs 300 crore Read More

There were many prominent stock exchanges in India such as Delhi stock exchange (DSE), Calcutta stock exchange (CSE), and many more which were replaced by Bombay stock exchange (BSE) and National stock exchange (NSE) due to competition and a decline in trading volumes. The National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) are the mainstays of Indian equity markets; but over the years, several other exchanges have played their part in serving Read More

The merger of HDFC and HDFC Bank will be effective from 1 July. HDFC and HDFC Bank’s merger will be effective from 1 July onwards. HDFC shares will stop trading and be delisted from the bourses on 13 July. Prior to the merger, both lenders will have a final board meeting each on 30 June, after office hours, to clear and approve the merger, said HDFC Bank Chairman Deepak Parekh. HDFC and HDFC Bank announced Read More