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Economy

India-UAE investment treaty to give recourse to investors in case of unfair deal: Goyal

In a deviation from its model bilateral investment treaty (BIT), India has agreed to reduce the local remedies exhaustion period – the time period after which international arbitration can be sought by investors – to three years from five years in the India-UAE BIT implemented on August 31, 2024. The India-UAE BIT also includes portfolio […]

NV

Whatfix Announces USD 58 Million (Rs. 485 Crores) Liquidity Event for its Employees and Investors

Whatfix, a pioneer in the “userization” of application technology, maximizing ROI on enterprise tech stacks, has announced its fourth liquidity program of $58 million. The company facilitated liquidity for employees and investors at a premium to prior Series D round valuation. Eligible current and former employees have been given the opportunity to liquidate a […]

NV

Rs. 500 Crore Boost for Businesses and Investors Ahead of Festive Season

KredX, India’s largest supply chain finance platform, today announced the 8th edition of KredX Muhurat Trading, India’s biggest invoice discounting and alternative investments event, scheduled for October 17, 2024. This annual flagship event provides a unique opportunity for both investors and businesses to benefit mutually, with investors accessing attractive returns and premium rewards while […]

Corporates

Worth Rs 27,142 crore sold stocks by foreign investors in just 3 trading session in October: NSDL

NEW DELHI: Since the beginning of October, the Indian stock market has been experiencing heavy selling pressure due to Foreign Portfolio Investors pulling large sums.FPIs have sold Rs 27,142 crore worth of equities, just in the first three trading sessions of the month, according to data from the National Securities Depository Limited (NSDL).The largest sell-off […]

Corporates

Stock market investors take note! 3 changes in transaction charges, STT, buyback taxation from October 1, 2024 you should know

We take a look at the three changes that stock market investors should be aware of: (AI image) Stock market investors take note! As Indian markets continue their upward trajectory, investors should take note of three important changes that will come into effect on October 1, 2024 potentially influencing their trading strategies and profitability.We take […]

Corporates

Animal spirits back! Chinese investors rush into stocks for fear of missing out on epic rally

Brokerages nationwide, which were quiet just a week ago, are now brimming with investors eager to open accounts or borrow money to trade. SHANGHAI/HONG KONG: Animal spirits are back in China’s stock market as investors rush into equities, galvanized by Beijing’s policy bonanza and driven by fear of missing out on what some see as […]

Corporates

One-fourth of stock investors are from UP, Rajasthan & West Bengal: NSE

NEW DELHI: A recent report by the National Stock Exchange (NSE) has revealed that states like Uttar Pradesh, Rajasthan, and West Bengal are now actively participating in the Indian stock markets, which have been reaching new heights. These states are now leading in terms of the number of active investors, following Maharashtra and Gujarat, the […]