Page 13 - Prime Database News Today

Shareholder meetings in the financial year 2022-23 saw a surge in advocacy by institutional shareholders who made their voices heard by voting against several resolutions proposed by managements.

Like in previous years, most of such resolutions related to board changes and remuneration, specifically employee stock ownership plans (ESOPs).

MUMBAI (Reuters) - The merger of Housing Development Finance Corp and HDFC Bank is set to shake up the debt fundraising market for non-bank financiers in India as the exit of a large borrower will leave investors searching for other options, at least six mutual fund managers said.

The merger of Housing Development Finance Corp and HDFC Bank is set to shake up the debt fundraising market for non-bank financiers in India as ......

The void left by HDFC could benefit other housing finance companies.

According to AMFI data, liquid funds in May received inflows worth Rs 45,234.22 crore.

In May, mutual Funds divested shares worth Rs 5,100 crore in Kotak Mahindra Bank and Rs 3,000 crore in HDFC Bank among others. Infosys, which has lost 15 percent this year, is the pick of the IT pack

India Business News: Chennai-based tyre maker MRF on Tuesday passed a new Dalal Street milestone as it became the first stock to cross the Rs 1-lakh-price mark. Its shares

In the January to March period, Radhakishan Damani's top holding by percentage was in Avenue Supermarts, where, as a promoter, he holds 67.51 percent. However, he has reduced his stake in Avenue Supermarts to 67.51 percent from 67.53 percent—the share price of which fell 16 percent during the three-month period

In the year 2022, approximately 109 SME firms went public, collectively raising around Rs 1,875 crore through IPOs. By comparison, in 2021, 59 SME firms were listed, raising a total of Rs 746 crore.