An Overview – SC’s Stance The Supreme Court dismissed Bharti Airtel, Vodafone Idea, and Tata Teleservices’ case for re-computation of the adjusted gross revenue (AGR)–related dues on July 23 morning, sending telecom stocks lower. Bharti Airtel’s stock was trading at Rs. 554.15, up Rs. 7.65, or 1.40 percent, on the BSE. It has traded between …
The market regulator has agreed to relax the current promoter re-classification norms to change status from promoters to general shareholders. After receiving several requests from different parties, the market watchdog decided to alter the current eligibility threshold from 10 to 15 percent. In a public consulting paper issued, SEBI proposed re-classification of promoters’ resolution and …
India’s largest glass-lined equipment manufacturer, GMM-Pfaudlers announced an offer for sale shares of Rs 1,433 crores. The current promoters plan to divest 28 percent of their stakes in a bid to reduce their holding size in the company. Recently GMM Pfaudler announced that it’s going to buy a controlling stake in parent company Pfaudler Inc. …
Due to the new margin rules, the trading community and brokerage houses are facing uncertainties regarding how much money they need to bring in and how much money the exchanges should be paid. As per the new rule, brokers need to take four snapshots of margin during the session at random times and based on …
Indian financial market watchdog, SEBI has imposed Rs 3.83 crore penalty on Dynamatic Technologies (DTL) Managing Director and CEO Udayant Malhoutra. Announcing the impounding verdict for the 2016 case SEBI was investigating, the regulator said that Malhoutra unethically traded company shares during his time while in possession of UPSI (Unpublished Price Sensitive Information). According to …
Margin is a specific amount that an investor needs to pay to the broker before a trade is executed. The upfront payment of margin was brought in to ensure that it covers any failure on the part of the trader to pay for the shares or contract in the case of futures and options. Margins …
What if the commodity price ever hit the negative price zone? Most investors find it hard to wrap their head around the idea of a negative asset price. But there could be a situation, albeit unprecedented, where the value of an underlier slips into the negative zone. How to deal if such a problem arises? …
Imagine that you are driving on the Expressway from Mumbai to Pune and you suddenly get a call from an old broker friend about a great momentum trading idea. As he explains the rationale, you quickly calculate that the stock could outperform in the short term. But there is a problem! Your trading account is …
After joining hands for Reliance Jio, Silver Lake now acquired 1.75 percent in Reliance Retail. After turning Reliance Jio, a net-debt free company, Reliance supremo, Mukesh Ambani is currently looking for investment opportunities in the retail sector. He is picking up allies who can help him in waging a battle with e-commerce giants like Amazon …
Government time to time launches various investment schemes when it needs to raise funds to support its various development projects. Government borrowing is commonplace. Similarly, the government of India also floats various savings schemes for resident Indians whenever it needs to borrow money from the public. Several investors prefer investing in these bonds as these …
