Editorial SEBI Proposes T+1 Settlement Cycle on Optional Basis: All You Need to Know Earlier this week, the Securities and Exchange Board of India (SEBI) announced that stock exchanges would have the option to move to a T+1 (Trade Date+1 Day) stock settlement cycle starting from January 1, 2022. While many have welcomed the proposal, a lot of concerns have emerged regarding the implementation of the new system. In […] Written by Cherian Varghese September 10, 2021September 10, 2021
Market News Top 10 News Manufacturing PMI Contracts for First Time in 11 Months – Top Indian Market News Manufacturing PMI contracts for the first time in 11 months in June Manufacturing activity in India contracted for the first time since July 2020 amidst disruptions caused due to the second wave of the Covid-19 pandemic. A decline in orders, business closures, and the Covid-19 crisis triggered a sharp fall in output among Indian manufacturers […] Written by Cherian Varghese July 1, 2021July 1, 2021
Market News Top 10 News Adani Group Enters Into Cement Business – Top Indian Market News Adani Group enters into cement business; incorporates Adani Cement The Adani Group, which has a strong presence in the ports, airports, power, gas distribution, and other businesses, is all set to enter the cement sector in India. Adani Enterprises announced that it has incorporated a new wholly-owned subsidiary, Adani Cement, with an authorized share capital […] Written by Cherian Varghese June 12, 2021June 12, 2021
Editorial A Gold Exchange to Become a Reality in India? Gold is one of the best asset classes that can help you diversify your investment portfolio and beat inflation. Last week, we had prepared a detailed article on five popular methods through which one can invest in gold in India. To recap, you can buy physical gold (in the form of jewellery, coins), invest in […] Written by Cherian Varghese May 28, 2021May 28, 2021
Editorial Pizza Hut and KFC Franchisee Devyani International Files for IPO The IPO frenzy seems to have returned to the Indian markets. Large companies such as Zomato and GoAir (rebranded as Go First) have submitted the draft papers for their IPOs with market regulator SEBI. And now, Devyani International, the largest franchisee of some of our favourite fast-food chains such as Pizza Hut and KFC, has […] Written by Cherian Varghese May 21, 2021May 21, 2021
Market News Top 10 News SEBI Imposes Rs 25 crore fine on Ambani and Family- Top Indian Market News SEBI imposes Rs 25 crore fine on Ambani and Family Market regulator SEBI or Securities and Exchange Board of India has imposed a Rs 25 crore fine on Mukesh Ambani, Anil Ambani, Nita Ambani, Tina Ambani, KD Ambani, and other family members, in a case dating 20 years back. According to SEBI guidelines, any promoter […] Written by Maarg Vaidya April 8, 2021April 8, 2021
Editorial What are Infrastructure Investment Trusts (InvITs)? An Infrastructure Investment Trust (InvIT) is an investment scheme (similar to a mutual fund) that enables individual and institutional investors to directly invest funds in infrastructure projects. These investors, who collectively invest small amounts of money in income-generating assets, receive a small portion of the income in return. These ‘assets’ could include road projects, power […] Written by Cherian Varghese February 4, 2021March 10, 2021
Market News Top 10 News Bharti Airtel Reports Net Profit of Rs 854 crore in Q3 – Top Indian Market News Bharti Airtel Q3 Results: Net profit at Rs 854 crore Bharti Airtel reported a consolidated net profit of Rs 853.6 crore for the quarter ended December (Q3). It has posted a net loss of Rs 763.2 crore in the corresponding quarter last year. The telecom operator’s revenue grew 6% quarter-on-quarter (QoQ) to Rs 26,517 crore […] Written by Cherian Varghese February 3, 2021February 3, 2021
Jargons Who are Foreign Institutional Investors (FII)? Foreign institutional investors (FIIs) are those investors or funds that are based out of a foreign country and invest in the securities market of other countries. The term is most commonly used in India, where it refers to outside entities investing in the nation’s financial markets. FIIs can include hedge funds, insurance companies, pension funds, […] Written by Cherian Varghese January 14, 2021January 14, 2021
Market News Top 10 News Govt Finalises Covid-19 Vaccine Transport Module – Top Indian Market News Govt finalises Covid-19 vaccine transport module The Central Government has prepared a detailed draft for air transportation of Covid-19 vaccines. Pune will be the central hub from where the vaccine distribution will take place. There are a total of 41 destinations (airports) across the country that has been finalised for the delivery of vaccines. The […] Written by Cherian Varghese January 7, 2021January 7, 2021
Market News Top 10 News Bharat Biotech’s Covaxin Gets Approval for Emergency Use – Top Indian Market News Bharat Biotech’s Covaxin gets approval for restricted emergency use: Report The Subject Expert Committee of the Central Drugs Standard Control Organisation (CDSCO) on Saturday gave its approval for the restricted emergency use of Covaxin in India. Covaxin is jointly developed by Bharat Biotech and the Indian Council of Medical Research (ICMR). This is the second […] Written by Cherian Varghese January 2, 2021January 2, 2021
Market News Top 10 News Cabinet Approves Rs 3,500 crore Sugar Export Subsidy – Top Indian Market News Cabinet approves Rs 3,500 crore sugar export subsidy Union Minister Prakash Javadekar announced that the Cabinet Committee on Economic Affairs (CCEA) has approved a Rs 3,500 crore subsidy for sugar farmers. The subsidy will be given on 60 lakh tonnes of sugar exports at the rate of Rs 6,000 per tonne. He stated that 5 […] Written by Cherian Varghese December 16, 2020December 16, 2020
TATA Takes Back Air India. What’s Next? On October 8, Puhin Kent Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM) announced that Tata Sons had won the bid for debt-laden Air India. The news has taken the aviation industry by storm. The airline has returned to the Tata Group after 68 years! In this editorial, we dive into […] Written by Anand P M October 11, 2021October 11, 2021
Analysing a $13 Billion Business Empire: JSW Group Since its inception around 39 years ago, the JSW Group has become one of the most respectable and fastest-growing conglomerates in the world. The $13 billion (~Rs 97.250 crore) business empire operates one of the leading steel companies in India. It even owns some of our favourite sports teams. In today’s article, learn more about […] Written by Cherian Varghese October 8, 2021October 8, 2021
OYO Rooms Files For IPO: Pre-IPO Review Oravel Stays Limited, popularly known as OYO Rooms, has filed its Draft Red Herring Prospectus (DHRP) with the Securities and Exchange Board of India (SEBI). The papers filed by OYO are not final and give only insight into its intention, business model, and the challenges it faces before the IPO. The loss-making company with a […] Written by Maarg Vaidya October 7, 2021October 7, 2021
