CMS Info Systems had a flat to positive listing on 31st December and listed at a premium of 1.94 on the NSE. Despite a flat listing, the stock did manage to edge higher after the listing in the morning. At the close, the stock of CMS Info Systems cl

The 3 way merger of IDFC First Bank, IDFC Ltd and IDFC Financial Holdings has been set in motion with the respective board of directors approving the proposal, in principle. However, any such merger decision will need the approval of the shareholders

With its aggressive green energy plans, Reliance has been consistently using the inorganic route to expand its renewable energy franchise. The latest is the acquisition of a 100 stake in Faradion Ltd of UK, which it acquired at an enterprise value o

We are about to end the year 2021 and what a fantastic year it has been for stock market investors. While Nifty has delivered returns of about 22 in this calendar year, Nifty midcap index has delivered returns of over 42 percent while the small c

Not much that was actionable was cleared at the 33rd Annual General Meet of Dish TV. The controversial issue of the Rs.1,000 crore rights issue was not taken up at the 33rd AGM since the largest shareholder, Yes Bank, was not in sync on the subject.

It almost sounds like a major turnaround for the telecom sector in India with the latest thumbs-up given by rating agency ICRA. Over the last few years, the telecom sector has been hit by a wave of consolidation, a battle of attrition on prices and f

The specialty chemicals company, Aether Industries, has filed the draft red herring prospectus (DRHP) with SEBI for its proposed Rs.1,000 crore IPO. According to the DRHP, the Aether Industries IPO will comprise of a fresh issue of Rs.757 crore while

The year 2021 has been an exciting year for IPOs. A total of 65 IPOs collected a sum of over Rs.131,000 crore (including 1 REIT issue and 1 INVIT issue). All the issues got oversubscribed during the year, except for Star Health and Allied Insurance w

Amid 2021’s IPO frenzy which saw the listing of 60+ fresh IPOs, SEBI, the regulating body for Indian capital and commodities market amended various rules for IPOs in a move to protect interests of retail and non-institutional investors. Let’s

In its circular (Circular Ref. No: 94/2021) dated 30-November, the National Stock Exchange (NSE) had announced the introduction of futures and options contracts on 7 stocks with effect from 31-December corresponding to the Jan-22 contracts onwards. T

The government has already announced an elaborate production linked incentive (PLI) scheme for 13 industrial sectors in India, with an overall allocation of Rs.197,000 crore. The idea of the PLI scheme is to encourage the production of goods in India

At the SEBI board meeting held on 28th December, some important decisions were taken with respect to initial public offers. Here is a gist of the regulatory changes that SEBI announced pertaining to IPOs. Key changes in IPO regulation