A Brief Overview Infrastructure Investment Trusts (or InvITs) have suddenly shot to popularity among investors with funds to spare who seek out assets that surpass the low yields that ordinary debt instruments deliver. Keeping in mind the fact that over 90 percent of the income created needs to be distributed as per the regulations in …
An Overview In May, India’s industrial production increased by 29.3% year-over-year, aided by base effects that exaggerated growth while obscuring the sequential deterioration in the month that was hit worst by the second wave. Retail inflation dropped slightly to 6.27 percent in June, down from 6.3 percent in May, but remained beyond the RBI’s target …
CarTrade Tech made an unimpressive debut on the bourses as its stock was listed at a discounted price of 1.1%. To elaborate, the issue price of CarTrade Tech IPO was Rs. 1,618 apiece. However, the same opened at Rs. 1,599.8 on NSE and at Rs. 1,600 on BSE. Followed by the listing, CarTrade’s market capitalisation stood …
Foreign portfolio investment in equities has touched a net Rs 5,001 crore thus far in August, according to the NSDL. Following this, the net investment of FPIs in the equities segment for 2021 has now touched Rs 54,037 crore, according to data. As per data from the depositories, apart from the Rs 5,001-crore FPI in …
India’s technology startups saw a record bout of venture capital (VC) inflows as investors turned away from China due to its ongoing crackdown on internet companies. The value of venture capital deals reached an all-time high of $7.9 billion in July 2021, as investments in China dropped to $4.8 billion. This is the first time …
The Indian capital markets saw a surge of Rs. 7,245 crores in net inflows, with foreign portfolio investors (FPI) dropping their cautious stance. The gradually rising investments are a result of an improving macroeconomic environment. According to the associate director – manager research of Morningstar India, Himanshu Srivastava, this indicates the investors’ higher conviction and …
Affle India’s board of directors is scheduled to meet on 26 August 2021 to take a call on the split of equity shares. Subjected to approval from its stakeholders, the company has confirmed this in an official statement. Let’s uncover more details below. Why this Stock Split? Essentially, stock split is a move where a …
Last Tuesday, 24 August 2021, shares of Aptus Value and Chemplast Sanmar got listed on the bourses at a discount to the issue price. Thus, both these stocks continued the trend observed in the case of CarTrade as well as Nuvoco Vistas in the prior two sessions. On that note, let us find out how …
An Overview On 24th August, Infosys Ltd stock struck a new high, bringing the business’s market capitalization above $100 billion, making it the fourth Indian company to do so. On the BSE, shares touched a new high of Rs. 1,755.60 per share, bringing the market capitalization to Rs. 7.44 trillion, or $100 billion. The stock …
An Overview ReNew Power Pvt Ltd announced on Tuesday that it had finished a “business combination” with RMG Acquisition Corporation II of the United States. In February, ReNew Power revealed a partnership with RMG II, a blank-check business, offering India’s largest renewable power supplier a market capitalization of $8 billion and a NASDAQ listing. A …
