With Rs 35K crore offerings lined up, IPO mart to stay red hot with good issues, liquidity
According to Prime Database, 25 main-board IPOs came to the market in FY17, collectively raising Rs 28,211 crore with average IPO size being Rs 1,128 crore.
Sanam Mirchandani
Nomura names Prabhat Awasthi as new India Head
Awasthi, who is based in Mumbai, will be responsible for running Nomura India's franchise spanning fixed income, equities and investment banking, the firm said.
Taxman conducts survey at Centrum over forex business
“Income tax officials visited Centrum for a survey on its foreign exchange business, to verify client KYCs which were all handed over to them,“ said a spokesman at Centrum Group.
After rising 67% since 2008, what lies ahead for these 5 super performers
Ajanta Pharma, Eicher Motors, PI Industries, Cera Sanitaryware and Natco are 5 such stocks which have given returns of 47-67% between FY09 and FY17.
Not much upside in metals; pvt banks will outperform: Manishi Raychaudhuri
"In the past three-four years, India has had single-digit earnings growth. Even in fiscal 2017, it would be in single digits -not more than 6-7%. "
RIL shares slip 3% after Sebi's F&O ban
Analysts said the impact of the order on the stock will be shortlived as it will not affect its business operations.
General trend of FPI flows into India will remain positive, says Jan Dehn
The global financial markets engaged in a giant portfolio shift out of EM and into the QE (quantitative easing)-sponsored markets over the past five years, said Jan Dehn.
Overseas investors pump in record funds in March
Foreign portfolio investors' combined net investments in March has reached a high of Rs 38,445 crore, the highest-ever in a month.
CLSA initiates coverage on Westlife Development with 'buy'
The brokerage firm said that the Indian food service restaurant provides a multi-year growth opportunity.
Bank stocks witness rally on hopes of bad loans solution
Nifty PSU Bank Index rises 3.3 per cent on hopes of an imminent solution to NPA problem following Finance Minister Arun Jaitley’s remark.
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