Sebi proposes overhaul of merchant banker norms

August 29, 2024

As on July 31, there are 224 merchant bankers registered with Sebi. Their activities include handling public issuances, international offerings such as global depository receipts, underwriting issues and corporate advisory.

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Morgan Stanley upgrades Grasim to ‘Overweight’, raises target price to Rs 3,500

Morgan Stanley has upgraded Grasim Industries to ‘Overweight,’ citing the paints business’s scaling and improved visibility. The brokerage anticipates a 29% upside, raising the price

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SP Group offers $3.4 billion NCDs to HNI investors amid market volatility

Wealth managers are offering Shapoorji Pallonji Group’s $3.4 billion NCDs to high-net-worth individuals, requiring a minimum ₹10 crore investment in the secondary market. This move

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