Bitcoin reached a record high of $73,798 in mid-March atop a surge of inflows into dedicated US exchange-traded funds that debuted in January. The token has since retreated about 9% as ETF demand cooled. A gauge of smaller digital assets has slumped even more over the same period, shedding some 20%.
According to data compiled by Prime Database, fundraising through the QIP route reached Rs 78,089 crore in 2023-24, which was way higher than Rs 10,235 crore mopped up in the preceding financial year. This included fund mobilisation by REITs and infrastructure investment trusts (InVITs) through the QIP mode. Read more:
Stock exchanges BSE and NSE on Thursday launched the beta version of T+0, or same-day trade settlement on an optional basis for select stocks. Attaining the global first of T+0 settlement involved a lot of problem-solving and personal discomforts, SEBI chairperson Madhabi Puri Buch has said giving the analogy of "onion peeling" for the achievement.
Stock exchanges BSE and NSE on Thursday launched the beta version of T+0, or same-day trade settlement on an optional basis for select stocks. Attaining the global first of T+0 settlement involved a lot of problem-solving and personal discomforts, SEBI chairperson Madhabi Puri Buch has said giving the analogy of "onion peeling" for the achievement.
On his 1st India trip Handler talks about being the challenger on Wall St and why he’s so upbeat about the franchise’s prospects here in an exclusive interaction
Punjab National Bank is likely to raise up to Rs 2000 crore through the issuance of additional tier-1 bonds this week as the state-owned lender looks to raise capital amid firm credit growth.
Corporatization is another initiative that helps an enterprise raise capital. This leads to larger participation in a business and gives a strong fillip to capital formation. The listing of Coal India and later of LIC confirms this hypothesis. Similar corporatization of several other enterprises such as railways, postal services, local corporations, utilities can lead to significant capital appreciation. We have seen that many other countries are following this path.
Corporatization is another initiative that helps an enterprise raise capital. This leads to larger participation in a business and gives a strong fillip to capital formation. The listing of Coal India and later of LIC confirms this hypothesis. Similar corporatization of several other enterprises such as railways, postal services, local corporations, utilities can lead to significant capital appreciation. We have seen that many other countries are following this path.
At the interbank foreign exchange, the local currency opened at 82.90 and then inched up to trade at the previous day's closing level of 82.89 against the greenback. The dollar index, which gauges the greenback's strength against a basket of six currencies, was 0.09 per cent higher at 103.92. Read more:
Sebi's Whole Time Member Ananth Narayan on Tuesday said circumvention of regulations is an industry-wide and generic issue with the Alternate Investment Fund ecosystem.
The IVCA Conclave 2024 panel discussed the growth opportunity of 200Mn+ Entrepreneurial Households in India, the demand for credit from the MSME sector, and the economic success of women entrepreneurs. Indian Venture and Alternate Capital Association (IVCA) is a not-for-profit, apex industry body promoting the alternate capital industry in India.
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