https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Thu, 28 Mar 2024 14:08:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2024/03/28/bharti-hexacom-announces-ipo-launch-explains-reason-for-reducing-issue-size/ Thu, 28 Mar 2024 14:08:22 +0000 https://thenfapost.com/?p=350303 TCIL is to offload 15% of 7,50,00,000 equity shares and it is expected to bring a total amount of Rs 4,275 crore. Mumbai, NFAPost: Bharti Hexacom Ltd formally launched its initial public offering (IPO) at a press conference on Wednesday at Taj Hotel in Mumbai and announced its price band in the range of  Rs […]]]> https://thenfapost.com/2024/03/06/rbi-bars-jm-financial-products-from-financing-against-shares-debentures/ Tue, 05 Mar 2024 22:54:23 +0000 https://thenfapost.com/?p=349319 “This action is necessitated due to certain serious deficiencies observed in respect of loans sanctioned by company for IPO financing as well as NCD subscriptions,” RBI said Mumbai, NFAPost: The Reserve Bank of India (RBI) has barred JM Financial Products Ltd from providing any form of financing against shares and debentures, including sanction and disbursal […]]]> https://thenfapost.com/2023/11/13/national-stock-exchange-md-ceo-ashishkumar-chauhan-wishes-happy-diwali/ Mon, 13 Nov 2023 01:14:16 +0000 https://thenfapost.com/?p=319843 Mumbai, NFAPost: National Stock Exchange MD & CEO Ashishkumar Chauhan wished Happy Diwali to all NSE participants, including employees, traders, corporates etcs. In a statement, National Stock Exchange MD & CEO Ashishkumar Chauhan said Muhurat Trading at the National Stock Exchange is a testament to its shared financial aspirations. “In the heart of this vibrant […]]]> https://thenfapost.com/2023/09/26/digikore-studios-ipo-lights-up-market-oversubscribed-21-47-times-on-day-1/ Mon, 25 Sep 2023 23:34:37 +0000 https://thenfapost.com/?p=304904 Mumbai, NFAPost: The much-anticipated Digikore Studios IPO subscription window is officially open starting on Monday, September 25, 2023, and will close on Wednesday, September 27, 2023. The IPO offers a price range of 168 to 171 per equity share, with a face value of Rs 10 each. Each lot of Digikore Studios IPO comprises 800 […]]]> https://thenfapost.com/2023/09/22/mfs-attract-6-of-household-savings-in-fy23-rbi-data/ Fri, 22 Sep 2023 01:10:43 +0000 https://thenfapost.com/?p=303835 Fiscal sees a record Rs 1.8 trillion net inflows from households Mumbai, NFAPost: Household investments in mutual funds (MFs) reached a record Rs 1.8 trillion during the 2022-23 financial year (FY23), largely driven by strong inflows through systematic investment plans (SIPs). However, their share in the total household savings declined slightly — to 6.1% from […]]]> https://thenfapost.com/2023/08/17/govt-planning-to-sell-11-36-shares-in-indian-railway-finance-corp-via-ofs/ Thu, 17 Aug 2023 01:27:56 +0000 https://thenfapost.com/?p=294484 To make the central public sector enterprise compliant to Sebi’s minimum public shareholding (MPS) norm, the government has to dilute 11.36 per cent stake in IRFC New Delhi, NFAPost: The government is planning to sell a part of its holding in state-owned Indian Railway Finance Corp (IRFC) through an offer for sale (OFS) in the […]]]> https://thenfapost.com/2023/07/21/end-of-multiple-users-from-one-account-netflix-ends-password-sharing-in-india/ Fri, 21 Jul 2023 05:20:58 +0000 https://thenfapost.com/?p=286851 Netflix said that it has initiated the distribution of emails to customers who are sharing their passwords outside their households in India New Delhi, NFAPost: Netflix said it has ended password sharing in India. From now, only members of a household will be able to access one account. It is part of a global crackdown, […]]]> https://thenfapost.com/2023/06/08/rbi-warns-tech-firms-against-unauthorised-trading-platforms-on-app-stores/ Thu, 08 Jun 2023 15:13:48 +0000 https://thenfapost.com/?p=274136 Updated central bank alert list names 56 entities prohibited from dealing in foreign exchange Mumbai, NFAPost: Technology companies have to be cautious about unauthorised electronic trading platforms (ETPs) available for download despite being on the central bank’s alert list, said Reserve Bank of India (RBI) deputy governor Michael Patra. “We (the RBI) interact closely with […]]]> https://thenfapost.com/2023/05/22/sebi-proposes-to-cut-down-ipo-listing-timeline-to-3-days-from-6-days/ Mon, 22 May 2023 02:22:01 +0000 https://thenfapost.com/?p=268193 The Securities and Exchange Board of India (Sebi) has sought comments from the public till June 3 on the proposal New Delhi, NFAPost: Capital markets regulator Sebi has proposed to reduce the time taken for the listing of shares on stock exchanges after the closure of initial public offerings (IPOs) to three days from six […]]]> https://thenfapost.com/2023/03/24/hal-disinvestment-offer-for-sale-subscribed-two-fold-after-slow-start/ Fri, 24 Mar 2023 02:45:07 +0000 https://thenfapost.com/?p=251006 Analysts said the disinvestment in HAL will help the stock enter the MSCI India index during its quarterly rebalancing in May Mumbai, NFAPost: The nearly Rs 2,900-crore share sale in Hindustan Aeronautics (HAL) by the government saw two times more demand than the shares on offer. Against the 11.7 million shares put on the block, […]]]>