-- Pre-IPO placements: Rossari Biotech on Friday said it has raised Rs 149 crore from anchor investors. The anchor investors include Abu Dhabi Investment Authority, HDFC Mutual Fund, Axis Mutual Fund, ICICI Prudential Mutual Fund, SBI Mutual Fund, Sundaram Mutual Fund, HDFC Life Insurance Company and Goldman Sachs India. … [Read more...] about Rossari Biotech’s Rs 500 crore IPO: Here are 10 key things to know
However, when a crisis hits, everyone is impacted—from company leaders, all the way down to entry-level employees. This pandemic has been especially unusual, in the sense that it has not only impacted businesses and people financially but personally as well. It has caused lifestyle changes, workplace adjustments, and even impacted employment expectations. As a result, company leaders everywhere are surely hearing from their employees what’s working and what isn’t. … [Read more...] about 4 reasons why businesses should keep investing and growing during a downturn
SBI and a clutch of other private sector banks bailed out Yes Bank early in 2020 after the government and RBI had jointly formulated a Yes Bank reconstruction scheme. Yes Bank failed on account of alleged financial irregularities perpetrated by the founder and former CEO Rana Kapoor and a massive spike in bad loans. As a part of the bail-out, the RBI appointed former SBI executive Prashant Kumar as administrator of the bank, who took charge as CEO later. … [Read more...] about After Yes Bank fiasco, RBI governor sees merit in creating resolution corporation: How critical is the idea?
The recovery in the smallcap and midcap stocks has been better in 2020 compared to 2019, as these stocks were beaten down quite a lot and non-institutional participation rose as momentum picked up in these stocks. Also the cumulative fall in these stocks (including the March 2020 fall) seemed more than required and attracted value buying. Also young new-to-market investors/traders signed up with brokerages and started to dabble in small and midcap stocks to make a fast buck. … [Read more...] about ‘We are in a bull phase but picture will get clearer after Q1 FY21 numbers’
As investments in the underlying securities of an international fund are in a foreign currency, they are exposed to currency risk. Investors must understand the implications of currency fluctuation before investing since a depreciation or appreciation of the Rupee can result in a potential capital gain or loss. … [Read more...] about Like Amazon, Google, Facebook? Allocate 10-15% equity funds to global stocks