Most Read News

All of the stock held by a joint venture between a fund connected to Mitsui & Co. and an investment firm connected to LVMH Moet Hennessy Louis Vuitton will be purchased by Lenskart.

LME Copper inventories edged down in last session, continuing to fall from a three week high hit earlier in the week. The inventories dropped by 800 tonnes to 123825 tonnes. The stockpiles had fallen near a seven week low before moving up though the latest drop indicates sustained demand for the metal stocked in exchange warehouses. Powered by Commodity Insights

The Board approves issuance of debt securities for a principal aggregate amount of up to Rs770 crore on private placement basis.

The NCDEX Cottonseed oilcake futures slipped, extending the recent spate of losses as markets are eying a spurt in the sowing of Cotton in Gujarat – the largest producer of the commodity in country with more than 25 percent share in Indias total production. As per the Cotton Association of India (CAI) estimate, cotton production in the country is expected at 33.51 million bales (170 […]

Power Grid Corporation of India on Thursday announced that its board will meet on 6 July 2022, to consider fund raising upto Rs 6,000 crore via issuance of bonds, on private placement basis.

The British Pound eased on mounting economic worries and inflationary outlook. Soaring inflation will hit Britain harder than any other major economy during the current energy crisis, Andrew Bailey, the governor of the Bank of England has warned yesterday. This hit the Pound amid sustained gains in the US dollar index and the British currency tanked to a two week low near 1.2100 mark. It […]

The House Fund is a pre-seed and early-stage venture capital fund based in Berkeley, California (US) that invests in AI-focused startups from the UCB ecosystem.

Capital markets regulator SEBI has decided to allow foreign portfolio investors to trade in the exchange-traded commodity derivatives segment. Foreign Portfolio Investors (FPIs) will be allowed to trade in all non-agricultural commodity derivatives and select non-agricultural benchmark indices. Initially, FPIs will be allowed only in cash-settled contracts. The participation of FPIs in Exchange Traded Commodity Derivatives (ETCD) market is expected to enhance liquidity and market […]

Analysts at IIFL Capital Services visited the BDD chawl redevelopment project at Worli, the largest residential construction project in India, and met the contractor’s consortium to assess the progress on the project and its effect on the Mumbai real-estate market.

SEBI has already permitted institutional investors participate in exchange-traded commodity derivatives, including Category III alternative investment funds, portfolio management firms, and mutual funds.