Does a bonus issue impact the F&O contracts in terms of contract size and the contract price. Obviously it would. In a bonus what happens is that the company draws on the free reserves of the company and converts them into free bonus shares for t

When the Fed statement was presented by the US Federal Reserve late on 14th June 2023, the expectations were already quite high about a pause in interest rates. That is exactly what the Fed announced. Fed called a halt and maintained the interest rat

Spectrum Talent Management IPO closed on Wednesday, 14th June 2023. The IPO had opened for subscription on 09th June 2023. Let us look at the final subscription status of Spectrum Talent Management IPO at the close of subscription on 14th June 2023.

Urban Enviro Waste Management IPO closed on Wednesday, 14th May 2023. The IPO had opened for subscription on 12th June 2023. Let us look at the updated final subscription status of Urban Enviro Waste Management IPO at the close of subscription on 14t

In this issue, we look at 3 more interesting funds that are expected to open their NFOs (new fund offerings) in the month of June or in early July 2023. In the last few months, several unique NFOs have been launched and positioned in India. While mos

Today, Indian mutual funds have become a formidable force in equity markets. It is not just about the ₹43.20 trillion of AUM that the mutual funds are having under their belt. This is the total AUM, but even assuming that equity AUM is around 50,

In its meeting held on 05th May 2023, the board of directors of Piramal Enterprises Ltd (PEL) has approved an Interim Dividend pay-out of ₹31/- per equity share of face value of ₹2/- each. For the purpose of interim dividend eligibility, the reco

It was long coming and the order finally came on June 12, 2023. The Securities and Exchange Board of India (SEBI), issued an interim order barring the two promoters of Essel group viz. Subhash Chandra and Punit Goenka from holding any key managerial

On June 12, 2023, the MOSPI announced the all important CPI inflation data and the index of industrial production (IIP) data. While IIP captures the growth in industrial output, the CPI inflation captures the change in consumer prices. Obviously, the

In its meeting held on 08th May 2023, the board of directors of Canara Bank Ltd has approved an Interim Dividend pay-out of ₹12/- per equity share of face value of ₹10/- each. For the purpose of interim dividend eligibility, the record date has b

Vilin Bio Med Ltd, is an SME IPO on the NSE which is opening for subscription on 16th June 2023. The company, Vilin Bio Med Ltd, was incorporated in the year 2005, so it has a pedigree of nearly 2 decades. The company is engaged in the domestic pharm

Sahana Systems IPO had a strong listing on 12th June 2023, listing at a premium of 20.74 on the NSE SME-IPO segment, but subsequently gaining still further to decisively close above the IPO price and also the listing price. In a sense, the markets w