Sebi to strengthen investor grievance handling mechanism

Sebi has decided to revamp its complaint redressal system in order to strengthen the investor grievance handling mechanism. Measures include linking the Sebi Complaint Redress System with the Online Dispute Resolution Mechanism and reducing timelines. Additionally, the board has approved amendments to regulations pertaining to Non-Convertible Debt Securities (NCDs), which will come into effect from […]

Kolkata-based Senco Gold’s IPO to open on July 4. Check details

Kolkata-based jewelry retailer Senco Gold is preparing for its initial public offering (IPO), which will open on July 4 and close on July 6. The IPO consists of a fresh issue of up to Rs 270 crore and an offer for sale (OFS) of up to Rs 135 crore. The price band is yet to […]

Up 50% YTD, this smallcap stock announces 1:1 bonus issue to investors

Kamdhenu Ventures has approved the issuance of bonus shares to its investors in a 1:1 ratio. Shareholders will receive one additional fully paid-up equity share for each existing share held. The bonus shares will have the same rights as existing shares and will be eligible for dividends and other corporate actions. The record date to […]

Street darlings: 10 stocks with high MF ownership turn multibaggers in 1 yr

Mutual funds in India have enjoyed success with their holdings in certain stocks, which have seen significant appreciation in prices, according to data. At least 10 stocks have returned over 100% in the past year, with more than 50 mutual fund schemes holding these stocks. Some of the best-performing stocks include IDFC First Bank, Apollo […]

Nifty@record high: FII buying crosses $10 billion mark in FY24

Foreign institutional investors (FIIs) have invested over $10 billion in the Indian stock market, driving the Nifty to surpass 18,900 points. After being net sellers in the previous two years, FIIs have shown interest in Indian equities since March 2023. In comparison, domestic institutional investors (DIIs) have been selling, with only Rs 1,785 crore in […]