TEXT: President Patil's last address to Parliament

President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speechHonourable Members I welcome you to this......

Equity capital market fee pool at 17-year high as activity up 2.5x

The fee pocketed by investment banks for handling equity share sales stood at $244 million during the first half of calendar year 2024. Illustration: Dominic Xavier/Rediff.com This was the......

India Inc sees gain in institutional placements

India Inc has started warming up to Qualified Institutional Placements, which were permitted by the Securities and Exchange Board of India recently. Delhi-based Spentex Industries was the first......

A fourth of FPI inflows in 2023 went into primary markets, shows data

Foreign portfolio investors (FPIs) pumped in Rs 1.7 trillion into domestic stocks in 2023, one of the highest net inflows ever witnessed during a calendar year, of which 25 per cent went into the......

MF IPO anchor bigger than foreign investors for 2nd yr

Mutual funds (MFs) are likely to surpass foreign portfolio investors (FPIs) in terms of anchor investments in initial public offerings (IPOs) for the second consecutive year. Illustration:......