All stories by Sundar Sethuraman
January likely to see IPOs worth Rs 8,000 crore
Rediff.com12 Jan 2021RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
Rs 70,986 cr: Nov registers highest-ever FPI flows
Rediff.com21 Dec 2020So far this month, another $4.5 billion (Rs 33,000 crore) has flown into domestic stocks.
Another mega IPO, Mrs Bectors Food subscribed 198 times
Rediff.com18 Dec 2020The so-called high networth individual portion saw 620x more demand than shares on offer.
Burger King: Best listing day performance in over 3 years
Rediff.com15 Dec 2020Through the IPO, Burger King has raised Rs 450 crore, which will be used to rollout new outlets and retire debt.
Govt's move to pare stake in Axis Bank fuels hope of divestment by stealth
Rediff.com11 Dec 2020Last week, govt sold shares worth Rs 220 crore in the open market without making a formal announcement. The deal came to light only this week.
Why investors are regretting giving Gland Pharma IPO a miss
Rediff.com24 Nov 2020Gland Pharma, promoted by China's Fosun, has extended its gains, is up 40 per cent since its listing.
Morgan Stanley forecasts Sensex at 50,000 pts in 2021
Rediff.com18 Nov 2020The brokerage believes the economic growth cycle is not fully priced in. It has revised upwards the earnings per share (EPS) estimate for Sensex.
Bankers stopped from sharing bidding data with investors
Rediff.com29 Oct 2020Sebi has said investment banks should direct investors to original sources such as stock exchanges, where data is publicly available.
IPOs come out of deep freezer as markets revive
Rediff.com25 Oct 2020More cos could join the likes of Burger King and Antony Waste in giving listing another shot.
Jhunjhunwala picks up 1.29% stake in Tata Motors for Rs 500 cr
Rediff.com16 Oct 2020Rakesh Jhunjhunwala has picked up a 1.29 per cent stake in Tata Motors. The September quarter shareholding pattern disclosed by the automaker showed Jhunjhunwala holding 40 million shares.
September may see end of IPO drought with 5 hitting the market
Rediff.com3 Sep 2020Many are now hoping the markets remain in good stead as they look to finalise the dates for IPOs, such as UTI MF, Computer Age Management Services, Happiest Mind, and Angel Broking. Most of the issues are expected to come to the market in the second half of September.
HAL stake sale kick-starts Centre's FY21 divestment drive
Rediff.com28 Aug 2020About Rs 4,257 crore worth of bids have been received so far and the Centre hopes that retail investors - those investing up to Rs 2 lakh - will place bids worth at least Rs 750 crore.
Foreign portfolio flows in 2020 turn positive after Covid-19 jitters
Rediff.com13 Aug 2020In the past four months, $7.5 billion has flowed back into domestic stocks, helping the benchmark indices bounce back more than 40 per cent from their 2020 lows.
Nearly 90% of top-500 stocks log gains in June
Rediff.com30 Jun 2020What worked for the markets was favourable global investor sentiment and encouraging flows into the emerging markets following stimulus measures taken by central banks.
ITI withdraws Rs 1,300-crore FPO over poor demand
Rediff.com6 Feb 2020The government holds 90 per cent stake in ITI which is valued at Rs 7,550 crore.
DDT abolished: Nearly 60% high dividend yielding shares end in the red
Rediff.com4 Feb 2020The Street was hoping that investors will lap up shares of high-dividend companies on optimism that their payouts will increase further, thanks to the 20 per cent tax saving. However, the trade failed to materialise as wealthy investors stayed away fearing high tax outgo, and experts raised doubts on whether companies would actually increase cash dole outs.
NSE 'dark fibre' case: Sebi exonerates Ravi Narain
Rediff.com17 Jan 2020In May 2019, Sebi had penalised the NSE as well as two of its former heads - Narain and Chitra Ramkrishna - for allowing Sampark to provide the dark fibre connectivity to stock brokers, despite not having the authorised licence. Dark fibre refers to an unused optical fibre used for high-speed connectivity.
Investors lose Rs 5 trn in these stocks
Rediff.com28 Dec 2019The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals.
Why analysts are not keen on these stocks
Rediff.com27 Nov 2019Some of the firms that have witnessed major drop in analysts' coverage include Dish TV, YES Bank, and JSW Energy.