Effective Wednesday, the 1st September 2021, the fourth and final phase of the SEBI ordained peak margining system will kick in. When the peak margining system was introduced in September 2020, it had raised a furore with brokers and traders complain

In line with the Supreme Court ruling on the subject, SEBI has ordered de-freezing of the investment accounts of Rana Kapoor, former MD and CEO of Yes Bank. In Mar-20, when RBI had superseded the management of Yes Bank, the ED had initiated money lau

In a significant move for Indian aviation, the Directorate General of Civil Aviation (DGCA) has lifted the ban on Boeing 737 Max aircraft. These aircraft can start flying again right away. The DGCA had imposed a ban on flying these aircraft in March

Retailers across QSR, grocery, jewellery and apparel highlight strong performance YoY on a low base, despite Covid 2.0, though a sequential sales decline occurred. This decline has been varied across sectors, with QSR displaying higher resilience com

Last week, we had reported about the Rs.2,500 crore qualified institutional placement (QIP) of equity shares by Canara Bank. This week it emerges that nearly Rs.431 crore in the QIP was invested by Rakesh Jhunjhunwala. In short, Jhunjhunwala has abso

Foreign direct investment or FDI in the proposed LIC IPO may be permitted as a special case. To begin with, Indian government permits FDI in insurance up to 74% under the automatic route. Only if the FDI is above 74%, the matter is referred to the Ca

On 23 August, the NSE Index committee made some significant changes to the criteria and the composition of the various capitalization indices and sectoral indices. There are two very significant shifts that the Index Committee has made in the index c

On 17th August, RBI lifted the ban on HDFC Bank pertaining to issue of credit cards. In December 2020, RBI had imposed a ban on HDFC Bank issuing new credit cards as well as launching new digital initiatives. This was following constant complaints fr

In the last quarter, almost all realty companies have shown positive vibes in terms of demand pick-up. While revenge buying has been one factor, the more important factor has been home loan rates are at the lowest in history. Most home buyers are see

The COVID 2.0 may have impacted the manufacturing operations across major sectors. However, the second round of pandemic had little impact on the start-up fundraising scenario in India. On the other hand, the start-ups raised 71% more in the Jun-21 q

The board of Aarti Industries has approved the proposal to demerge the pharma business into a separate entity, Aarti Pharmalabs Ltd. Under the scheme of the arrangement, the pharma business of Aarti Industries and the allied specialty chemicals segme

The stock markets will remain closed on 19-08-2021 on account of Muharram. It will be a trading holiday as well as a banking / clearing holiday on Thursday. As a result, this time the weekly index options settlement in F&O has been pulled back fr