Market regulator Sebi has issued administrative warning to One 97 Communications, the parent company of Paytm, the company informed stock exchanges late evening on July 15. The warning letter is over related…
Author: Pradeep Jayan
Pradeep Jayan is a keen oberver of national and international affairs. He writes regulalry on pressing issues that concerns Indians from a global perspective.
57% of equity MFs outperform respective benchmarks in June’24,finds PL Wealth Management
The AUM (assets under management) of equity mutual funds witnessed a growth of 8.27% sequentially to INR 23,84,727 crore in June 2024 from INR 22,02,497crore in May 2024 (excluding Sectoral /Thematic Funds), said…
Piramal Finance secures $100 Million loan to support social impact projects
Standard Chartered Bank is the Social Loan Coordinator for this transaction
BNW Exclusive: Bank privatisation unlikely to come up in Budget 2024-2025
Earlier, reports had emerged that the Government is considering a list of banks to privatise in this round drawing comfort from the healthy market sentiments and reform-intent. But, a top government official said this is unlikely to happen this time.
India’s private sector banks lead market cap gains on stronger metrics, says S&P Global Market Intelligence
India’s private sector banks led gains in market capitalization in the three months to June 30 amid improvement in their financial metrics and positive sentiment in the Indian stock market, according to…
Icra pegs securitisation volumes at Rs45,000 cr for Q1
Rating agency, Icra has estimated that the overall securitisation volumes, originated mainly by financial institutions, stood at around Rs. 45,000 crore in Q1 FY2025, reflecting a reduction of ~20% over Q1 FY2024….
Budget 2025: Government likely to curtail FY2025 fiscal deficit at 4.9%-5%, says Icra
Rating agency ICRA estimates the Government’s revenue receipts to witness an upward revision of Rs. 1.2 trillion in the upcoming union budget. Also, the government is likely to peg a relatively shallower…
Kotak Group Fund Denies Knowledge of Hindenburg’s Investor Partnership
Kotak Mahindra Group has stated that Hindenburg Research was never a client of Kotak Group’s K-India Opportunities Fund (KIOF) or Kotak Mahindra International Ltd (KMIL) and that they were unaware of any…
Now Hindenburg says Kotak Bank created fund used by investor to short Adani stocks
On July 2, Hindenburg Research said Kotak Mahindra Bank and brokerage firms founded by Uday Kotak created and managed the offshore fund structure used by Hindenburg’s investor partner to short Adani stocks….
IndiGo Flyers Can Now Book Tickets on WhatsApp: Here’s How
IndiGo has introduced 6Eskai, an AI-enabled chatbot on WhatsApp, allowing passengers to book flight tickets directly through the messaging app. Developed in partnership with Google’s Riafy Technologies, this feature serves as a…