Argentina’s government has paid $4.3 billion to holders of its government bonds, an Economy Ministry source said on Friday. This met the January 9 deadline in a move aimed at restoring investor confidence and regaining access to international capital markets. The payment, which covered both principal and interest, was made by the central bank despite […]
Steel and steel-related companies are gearing up to mobilize around Rs 4,000 crore through initial public offerings over the next 12 to 18 months, buoyed by the government’s decision to impose a three-year safeguard duty on certain flat steel imports, merchant bankers said. The policy intervention follows a quiet year for steel IPOs in 2025, […]
Oilfield services firm Shivganga Drillers has filed preliminary papers with the capital markets regulator to mobilize Rs 400 crore through its initial public offering (IPO).The company’s initial public offering is a brand new share issue without an offer for sale (OFS) component, under the draft red herring prospectus (DRHP). Shivganga Drillers proposes to use the […]
The five listed Real Estate Investment Trusts (REITs) in India have collectively distributed over Rs 2,331 crore to over 3.3 lakh unitholders during the second quarter of the current financial year, according to a press release from the Indian REITs Association (IRA).As of Q2 FY26, the total gross assets under management (AUM) of the Indian […]
Securities Exchange Board of India (SEBI) chief Tuhin Kanta Pandey has said the capital markets regulator will comprehensively review the short selling and securities lending and borrowing (SLBM) mechanism after acknowledging that the system remains underdeveloped compared to other jurisdictions.Speaking at the CNBC TV-18 Global Leadership Summit, Pandey said, “An active SLBM program is critical […]
Motilal Oswal Financial Services Ltd (MOFSL) reported a 68% year-on-year (year-on-year) decline in consolidated net profit at Rs 362 crore. However, the company’s operating profit rose to Rs 554 crore, while half-year profit for FY26 stood at Rs 1,088 crore, up 11% year-on-year. Revenue from operations fell 35% year-on-year to Rs 1,849 crore. Healthy asset […]
Securities and Exchange Board of India (Sebi) has allowed portfolio managers to transfer their Portfolio Management Services (PMS) businesses after regulatory approval. In a circular today, the market watchdog said the initiative is part of its broader efforts to promote ease of doing business and simplify compliance across the capital market ecosystem. Under the new […]
Indian capital markets witnessed a remarkable rally on Thursday, with major stocks like BSE and Angel One seeing an upward move of up to 2%, while the Nifty 50 index hovered at 26,080, just below its all-time high of 26,277.35. Shares of BSE rose 1.8% to an intraday high of Rs 2,533.70, while those of […]
In this edition of Etrarkets Smart TalkA. Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC, shares the largest lessons he has learned for three decades of navigating through multiple market cycles. From the importance of high conviction and agility to the need for risk race and a cool head in volatile times, Bala […]
Two Indian manufacturers, Laser Power & Infra LTD (LPIL) and Indo MIM LTD, have submitted Concept Red Herring Prospectuses (DRHPs) to the Markets Regulator Securities and Exchange Board of India (Sebi), which formed the scene for initial public offers (IPOs) that would together be more) that would together be possible) that would together be more) […]