Manking Personal Finance Easy
SINGORE – Shares of Kioxia rose 6% on Wednesday in their market debut, valuing the Bain-backed chipmaker at more than 820 billion yen and highlighting steady investor demand for Japan’s third-largest initial public offering this year. Kioxia, a major memory chip maker, raised 120 billion yen after valuing its IPO in the middle of the…
Prices of urad (black matpe or black gram) have started rising following crop damage in Tamil Nadu and Andhra Pradesh. The current situation has ensured that the urad trade has strong fundamentals and prices are likely to remain firm until the new crop arrives in Myanmar, traders say. The urad crop in Tamil Nadu has…
(Bloomberg) — Chile’s central bank cut its key interest rate by a quarter point before its third meeting and issued a stern warning about near-term inflation challenges, raising the possibility of an upcoming lull in inflation. easing cycle increased. Policymakers led by Rosanna Costa voted unanimously late Tuesday to cut borrowing costs to 5%, as…
Private equity firm Advent International will return about a record ₹25,000 crore to its limited partners (LPs) this year from gains on its Indian portfolio, helped by a few big, profitable exits, sources said. “That, I think, is a huge return in one year for a private equity firm in such a short period of…
(Bloomberg) — Bitcoin hit a record high for the second day in a row, with traders eyeing the $110,000 price level. The native cryptocurrency rose as much as 2.1% to $108,315 on Tuesday before retreating to $106,000 early in the day. This year, the price has risen more than 150% and traders are increasing their…
The Securities and Exchange Board of India (SEBI) on Tuesday tightened rules on issuance of offshore derivatives by foreign portfolio investors. This follows an August consultation paper proposing these changes. FPIs will not be able to issue ODIs with derivatives as underlying assets. The investors cannot hedge their ODIs with derivatives positions on the stock…
Mumbai, Dec 17 (PTI) Capital markets regulator Sebi wants to prevent exuberance, price manipulations and fraudulent trading practices in the stock market for small and medium enterprises, a senior official said on Tuesday. Speaking at the Indian SME Banking Summit, all-time member Ashwani Bhatia said the regulator’s board will discuss the issue at the upcoming…
Ventive Hospitality, a joint venture between Blackstone and Panchshil Realty, will launch its IPO on December 20, with a price range between ₹610 and 643 per share. The company reduced the size of its IPO from the originally planned ₹2,000 crore to ₹1,600 crore as it believed it had sufficient cash flows for its needs….
The market regulator has introduced new regulations that seek a clear separation between offshore derivatives (ODIs) and foreign portfolio investors (FPIs) and has mandated greater disclosure to reduce systemic risks in Indian capital markets. ODIs are investment vehicles that allow foreign investors to gain exposure to Indian equities or equity derivatives. While the ODI issuer…
Ventive Hospitality, a joint venture between Blackstone and Panchshil Realty, will launch its IPO on December 20, with a price range between ₹610 and 643 per share. The company reduced the size of its IPO from the originally planned ₹2,000 crore to ₹1,600 crore as it believed it had sufficient cash flows for its needs….
