Companies in the broking industry experienced a sharp decline in their share values during today’s intraday session following an announcement from the Indian market regulator, SEBI. On Monday, SEBI in a circular stated that charges imposed by market infrastructure institutions—including stock exchanges, clearing corporations, and depositories—should be standardised and not […]

July 1 – BlackRock has launched a ‘buffer’ exchange-traded fund that seeks to offer a 100% downside hedge to risk-shy investors looking to tap the equity markets, the world’s largest asset manager said on Monday. So-called buffer or risk-managed ETFs help maximize returns from an asset for investors and simultaneously […]

Interarch Building Products Limited, a Noida-based steel construction solution provider, and metal component manufacturer Gala Precision Engineering Limited on Monday received the Securities and Exchange Board of India’s (SEBI) approval to raise funds through initial public offerings (IPOs). Interarch plans to offload 44,47,630 or 44 lakh equity shares through an […]