As the demand for algo trading has grown, the markets regulator has suggested reexamining the structure to improve the system’s checks and balances. Few people understand the intricacies of this institutional investor-dominated trading system, even though ordinary investors have been experimenting with algorithms. In algo trading, pre-programmed computer programs make several deals in milliseconds. To…
Following a decision from the National Company Law Tribunal (NCLT), ITC Ltd. stated on Tuesday that it has set January 1, 2025, as the effective date for the demerger of its hotel sector. The business disclosed in a regulatory filing that NCLT had issued an order approving the deal. The demerger between ITC Limited and…
The enthusiasm for businesses going public is still strong, with an IPO pipeline worth over Rs 1.5 lakh crore scheduled for the next year, despite the Indian market experiencing severe volatility after an 18-month dream run. 34 firms have already obtained the necessary Securities and Exchange Board of India (SEBI) approval for initial public offerings…
On Thursday, BEML declared that it has secured an order from Chennai Metro Rail valued at Rs 3658 crore. The scope of the contract is extensive and includes depot machinery and plant, standard gauge metro rolling stock (electrical multiple units), design, production, delivery, testing, commissioning, and employee training. “Following Regulation 30 read with Schedule III…
The Securities and Exchange Board of India (SEBI) has approved NTPC Green Energy, the company’s renewable energy business, to move on with its eagerly awaited initial public offering (IPO). The company intends to raise Rs 10,000 crore through the issuance, having first submitted its draft documents to SEBI on September 18, 2024. The IPO will…
The Securities and Exchange Board of India (SEBI) has granted National Securities Depository Ltd (NSDL) approval for its impending first public offering (IPO). NSDL is a major player in the Indian capital markets, handling most securities stored and settled in dematerialized form. The National Stock Exchange (NSE) will be one of the primary sellers in…
SEBI has approved Hyundai Motor India’s IPO, bringing the company’s intentions to list one step closer. Hyundai India hopes to raise Rs 25,000 crore, or $3 billion, through the offer, regarded as India’s largest public issue. This indicates a $20 billion valuation for Hyundai. According to rumors, the business may be preparing to list in…
If Trent and Bharat Electronics (BEL) are included in the September review’s Nifty 50 index, they might draw inflows of approximately $900 million. The modifications will become effective on September 30 and will be made public on August 23. These two stocks will replace Divi’s Laboratories and LTIMindtree. The firm estimates that Trent might experience…
Four initial public offers (IPOs) totaling more than Rs 11,850 crore were completed in the first week of August, demonstrating that the volatility in global equities hasn’t dulled the shine on the primary market. This pattern will probably continue as 25 companies that have received approval from the Securities and Exchange Board of India (Sebi)…
The Securities and Exchange Board of India (SEBI), the capital markets regulator, will provide the beta version of the T+0 settlement on an optional basis starting on March 28, 2024, to boost market liquidity. SEBI announced the implementation of a new optional settlement cycle, saying, “The Board approved the launch of a beta version of optional…
