Free Press Journal
  • SEBI & other regulators, developing REITs & InvITs norms for domestic investors

    Mumbai : Market regulator SEBI along with other regulators like Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (IRDAI) and Pension Fund Regulatory and Development Authority (PFRDA), is working towards setting up a regulator guidance for investment into Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) by domestic investors.

  • Sensex gains 260 points

    Mumbai : Stocks signed off 2016 on a cheerful note, with the Sensex surging over 260 points on Friday to close at over a fresh two-week high of 26,626 on the final trading session of the year, amid positive Asian cues. The beginning of January 2017 series of futures and options made investors upbeat.

  • No intention of govt to impose long-term capital gains tax: FM

    New Delhi : To assuage market fears, Finance Minister Arun Jaitley on Sunday said that there is no move to impose long-term capital gains tax on share transactions, an issue investors are hugely touchy about.

  • FPIs pull out $3.5 bn from markets in Dec

    New Delhi : Foreign investors have pulled out a massive $3.5 billion from the capital market this month so far following rate hike by the US Federal Reserve.

  • India Inc seals $52-bn M&As in 2016, eyes bigger deals in ’17

    New Delhi : Corporate boardrooms remained abuzz with deal activities in 2016 with mergers and acquisitions worth over $ 52-billion and the tally may get even bigger in the new year on growing interest of global investors in the Indian businesses.

  • MFs add `4 trn to kitty in 2016, eye `20-trn mark in 2017

    New Delhi : Helped by growing interest from retail investors and aggressive buying of stocks, mutual fund industry grew at a rapid pace in 2016 with addition of almost Rs 4 lakh crore, or 28 per cent, to its asset base and is looking to cross Rs 20-trillion mark in the new year.

  • Don settles fraud lawsuits for $25mn

    San Diego : President-elect Donald Trump has agreed to a $25 million settlement to resolve three lawsuits over Trump University, his former school for real estate investors, reports AP.

  • Govt slams global rating agencies; Sebi norms for rating agencies to improve industry standards

    New Delhi : The government on Wednesday slammed global rating agencies for not upgrading India’s sovereign rating despite a slew of reforms, saying they need to do some “introspection” as investors globally feel the country is “under-rated,” reports PTI. Talking to reporters after S&P Global Ratings ruled out an upgrade for India for next two years, while retaining rating at lowest investment grade ‘BBB-‘, Economic affairs secretary Shaktikanta Das said the government will

  • BSE launches iSIP for MF investors

    New Delhi: BSE said it has introduced a paperless SIP facility for mutual fund investors, a move that will drastically cut the registration time and also allow subscribers to transact through different payment modes including net banking. As there will be no requirement of filling physical forms under the new facility, the chances of errors that presently result in rejection of many applications will also not exist. BSE has introduced iSIP, which

  • GIS 2016: Indore global investor summit day 2

    Day 2 of Global Investors Summit 2016 got underway this morning at Indore, Madhya Pradesh. The event is held at the Brillant Convention Center in the city to woo investments in the state.

  • Sebi imposes `2-cr fine on Saradha Realty, others

    New Delhi :  In the high-profile Saradha Realty case, markets regulator the Sebi on Friday imposed a fine of Rs 2 crore on the company, its chief Sudipta Sen and two directors for failing to comply with its earlier directions to wind up illicit money-pooling schemes and refund the investors.

  • Bharti’s debt to rise by $2 bn on spectrum buys: Moody’s

    New Delhi : Telecom major Bharti Airtel’s debt will increase by USD 2 billion (over Rs 13,300 crore) due to the recent spectrum purchase but cash flows from operations and monetisation activities are likely to reduce this level in next 6-12 months, Moody’s Investors Service said on Wednesday.

  • India shuns piecemeal bargain for reactors, opts for bulk deal

    New Delhi : In a significant policy shift, India has decided to negotiate future nuclear reactor deals in bulk rather than going for piecemeal bargains. Sources said a decision to go for bulk deals has been taken with the view that it will help the country get nuclear reactors at considerably lower rates while at the same time assure investors of guaranteed returns.

  • Sebi may allow FPIs to directly trade in the capital markets

    New Delhi :  With an aim to make it easier for overseas investors, regulator the Sebi is considering allowing some categories of Foreign Portfolio Investors (FPIs) to directly trade in Indian markets, starting with debt segment.

  • Reforms to aid growth; banking sector risks remain: Moody’s

    New Delhi :  Moody’s Investors Service on Monday said continued reforms to enhance business environment and moderate inflation will help India achieve robust growth but cautioned that rising contingent liability risks in the banking sector could affect its credit quality.

  • Panel suggests corporate bond index, easier norms for FPIs

    New Delhi : With an aim to develop corporate bond market in India, an expert panel on Thursday suggested easing of norms for foreign investors, a corporate bond index on lines of Sensex or Nifty, and making it mandatory for large corporates to tap this market for funds beyond a threshold.

  • Sensex sheds 88 points

    Mumbai : Market benchmark Sensex declined 88 points to close at 28,064.61 today as investors cut down their bets after industrial output growth slowed down to 2.1 per cent in June and inflation hits two-year high.