Why is Cognizant so keen to list in India at the worst possible time?
The IT services firm is seeking a secondary listing to match the valuation of its Indian rivals. But logistical and regulatory challenges lie in the way
The IT services firm is seeking a secondary listing to match the valuation of its Indian rivals. But logistical and regulatory challenges lie in the way
The biggest anchor investors among mutual-fund schemes—even in costly and losing IPOs—are delivering on what investors want most
India’s AI boom depends on global models. Its competition watchdog is still figuring out how to regulate them
The Ken digs into RRP Semiconductor’s bizarre spike and the curious claims of RRP Electronics behind it
Why did Peyush Bansal do what few can: claw back stake from investors before going public?
The frenzy in to-be-listed shares is booming, and so are the platforms selling them
Fund houses are coming out with trendy new thematic funds, but they’re vaguely defined, overlap with large-cap holdings, and don’t always deliver on returns
More money is chasing fewer deals. Returns are falling. Banks could be back as rivals. Private-credit funds are bound to make mistakes
Sebi’s probe into the US-based hedge fund’s trades over three years adds grist to the options trade manipulation mill
Licensed investment guides, or what remains of them, mostly cater to the rich, as complying with regulations means incurring substantial costs. Fintechs like ET Money and Value Research may have a solution for the lot left behind
India’s exchanges, drowning in draft prospectuses, have deputised AI as their first reader. Speed is up; what else can they do?
With adjusted Ebitda, accounting again manifests as the art of the possible
Stock markets are crashing, and Sebi is stepping up checks on F&O trades. It’s not a great time for brokers in India. Yet, all eyes are on a four-year-old upstart. What gives?
From auto loans to home loans, generative AI tools are helping buyers get faster loans. But existing biases still lurk
Wild moves on weekly expiry days leave the country’s options traders scrambling and at the mercy of a mysterious player
Sebi’s transparency drive is thwarted by companies’ knack for hiding bad news in BRSR reports, all while they navigate a shoddily built framework and no real oversight
Fund houses and distributors are raking it in with new fund offers galore. Investors could be left with the short end of the stick
Financial advisors are crafting unique strategies to make the most of the rising affluence and shifting investment priorities in Tier 2 cities and beyond
Under Sundararaman Ramamurthy’s leadership, BSE’s shares surged by 350%—marking the ascent of an underdog stock exchange in the derivatives market
The payments major and HDFC Securities are among the new entrants in discount broking eager to wrest market share from incumbents
A host of factors are conspiring against these high-fliers—and the biggest of them is a passive one
In an era buzzing with excitement over stocks, funds, and derivatives, Stable Money’s Saurabh Jain crowns fixed deposits as the best mass product in India
The regulator wants detailed disclosures from FPIs with concentrated stakes in Indian corporate groups; The Ken’s analysis finds big surprises
That one shareholder—ICICI Bank—has stacked the deck against everyone else by choosing an unusual route to take the brokerage private
A recent crackdown on the high-flying Angel One puts its meteoric growth at risk. Others also feel the heat. The rule-breakers at the heart of it all are authorised but not known for compliance
Buch seems to have instilled the fear of the regulator back into the markets and its participants through fast-paced, tech-led measures
The key is a business that has become the exchange’s largest since the pandemic
First came the entrepreneurs, former executives, and management graduates. Now, even fitness and beauty influencers are dispensing financial advice on social media without any checks
A regulatory squeeze on portfolio management service (PMS) providers, used to a light touch, has set the cat among the pigeons. The players are now counting costs and accusing the industry body of coming up with unrepresentative benchmarks
Former brokers and colleagues tell the tale of the man who rose out of obscurity in the early 2000s to become the chief trader of Axis Mutual Fund—but consequently, fell prey to greed
By introducing the T+1 settlement system, India may have leapfrogged the US in making the transition. But the latter's holidays and index balances will test the true mettle of the one-day cycle
The number of individual traders in futures and options rose 5X in three years. And ~4 million of them—with many in their teens and early 20s—suffered losses in the year ended March 2022
The fair value of a two-year-old startup Jar’s equity share zoomed 8,000% in 17 months. DealShare, Byju’s, Cred and many others saw similar crazy spikes. Backed-up by fantastical assumptions in reports of valuers appointed by the startups themselves. It was a wild party. Until it lasted.
The government-run Investor Education and Protection Fund (IEPF) holds a fortune in unclaimed shares and dividends. Investors to whom the money belongs find it herculean to get it back. Calls for change are getting louder
The fund house's solid track record on returns took a hit in 2022 because of a sell-off in US tech stocks and the RBI cap on investments abroad. Meanwhile, investors continue to pour in money and the fund managers are holding tight. But the tide could turn
The digital gold seller’s wins amid the funding winter have come on the back of rapid growth in customers. But investors seem to have paid a pretty penny, and more. Now, regulatory and competition risks lurk
Promoters want to use a volatile stock market to take their companies private. But other shareholders are fighting tooth and nail to get their due
Startups like Wint Wealth and others are bringing the usually-opaque bond market to India’s retail investors. But bonds are risky, and unlisted ones offered by these startups, even more so. The regulator has now turned its eye on the sector
… but a bear market might just bring them to their knees with tighter regulations
While Sebi investigates about 40 cases of insider trading each year, proving guilt is often a bridge too far for the market regulator. A recent SC judgement overturning Sebi’s guilty verdict in an insider trading case has only made the regulator’s job that much harder