Bharadwaj Sharma

Articles By Bharadwaj Sharma

70 Articles

Sterling and Wilson Solar’s Rs 3,125 crore IPO to open on August 6

Sterling and Wilson Solar (SWSL), the solar engineering and construction arm of Shapoorji Pallonji Group, will float its initial public offer (IPO) to raise Rs 3,125 crore.

Spandana Sphoorty to raise Rs 400 crore from IPO, Rs 800 through OFS

Spandana Sphoorty Financial, a micro lender focusing on rural women, planns to raise Rs 400 crore from its initial public offering (IPO).

DIIs, mutual fund equity holding at all-time highs in June quarter

DII holding went up in 577 firms listed on the NSE while its holding went down in 506 companies listed on NSE.

Lenders earning more commission by selling in house MF schemes

Not being affiliated with any bank makes us and other fund houses an unbiased business and we are comfortable with that.”

Nomura raises Nifty target to 12,900 by March 2020

The fall of both the Sensex and Nifty indexes over the last one month has been majorly due to concerns over corporate earnings, general slowdown in economic growth, exports and also in consumption.

Nomura, Nifty target, Nift, share market, share market india, market news, NBFC, NBFC crisis

Markets concerned about slowdown in profit growth: First Global MD

The fall was because the market probably thought that the budget revenue estimates were too aggressive. And secondly, it fell because of the perceived tax on foreign portfolio investors.

Market, slowdown, profit growth, First Global, First Global MD, industry news, Shankar Sharma, interview

Almost half of companies listed since 2016 are trading below offer prices

What’s more, most of the PSUs have performed badly since their respective listings, with New India Assurance being the worst performer among the PSU IPOs.

In contrast, companies that have been listed in 2019 so far have given positive returns, in double digits. (Representational Image)

Incentives to GIFT City could boost financial activities

In June, Adani Green Energy through its three subsidiaries became the first issuer of green bonds on that platform. Green bonds of three subsidiaries of Adani Green Energy worth $500 million were listed.

Finance minister, Nirmala Sitharaman, tax benefits investors india, International Financial Services Centre, IFSC, Gujarat International Finance Tec City, GIFT Gandhinagar, Gandhinagar, special economic zone

Jet Airways stock tanks 41%, hits all-time low

The stock tanked after the State Bank of India led consortium of lenders on Monday decided to take the airline to National Company Law Tribunal (NCLT) after failing to receive buyers.

Jet airways bankruptcy process in nclt will start from wednesday

Korea dominates fund mobilisation; India’s NSE leads the BRICS pack

The total fund mobilisation by both NSE and BSE via issuance of equity and bonds stood at $30,119 million.

brics, india, russia, south africa

Markets tumble after hitting record highs

Going ahead, the stimulus for India could be the RBI cutting rates by 25-50 bps over the next six months.

Fund-raising through rights issues crosses Rs 50,000 crore so far this year

The regulator highlighted that issuers perceive a higher exposure to price risk due to current rights issue process while investors expect allotment and listing timelines to be shortened.

Domestic mutual funds trim exposure to promoters’ pledged shares

As a result, the share of these funds declined to a four-quarter low of 34.78% in March 2019. According to data analysed from Prime Database, the share of these mutual funds had narrowed further from 38.22% in December 2018 a

Domestic mutual funds trim exposure to promoters’ pledged shares

Investors well-hedged but not positioned for a breakdown: BofA ML

Over one-third of investors surveyed by Bank of America Merrill Lynch have held hedging measures against a sharp fall in equity markets over the next three months.

Bank of America Merrill Lynch (Reuters File photo)

Domestic institutions turn net sellers this year so far

A research head of a stockbroking firm said that due to markets regulator Sebi’s circular in October 2018 on commission, many distributors were not encouraged to sell mutual funds because of a ban on upfront commission.

Ease of Doing Business, AGILE Form, SPICE Form, MCA, Ministry of Corporate Affairs, GSTIN, EPFO, ESIC

Buybacks, IPOs, strategic deals lead disinvestment process in FY19

Electrification Corporation (REC) by transferring `14,500 crore to the government.

Edelweiss report: Industrials, materials and consumer discretionary stocks held highest promoter pledges

Companies with no promoter pledge and where promoter stake has increased include Godrej Agrovet, CEAT, La Opala RG, TV Today Networks, Dollar Indus, Balaji Telefilms, Monte Carlo Fas, Kitex Garments, Waterbase, Sukhjit Starch

Cement stocks rally as Ultratech Cement results beat estimates

Ultratech Cement continued to rally for the second consecutive session, closing 5.14% higher at Rs 4,622.

Cement stocks, Ultratech Cement, Ultratech Cement profit, Bombay Stock Exchange, market news

PSUs dominate the list of buybacks in FY19

The board of directors of Wipro on Tuesday approved the buyback plan of Rs 10,500 crore of up to 32.3 crore shares at Rs 325 per share under the tender route. The buyback would be 5.35% of the total paid-up equity share capit

Banking indices hit fresh 52-week highs on improved economic activity

Banking indices on the BSE and the National Stock Exchange (NSE) hit their respective 52-week highs during Tuesday's intraday trade. This happened amid strong retail loan growth while private banks continue to see improving p

Banking indices hit fresh 52-week highs on improved economic activity

SEBI Board Meet: Regulator unveils a slew of reform measures

Sebi said open offer requirements for corporate debt restructuring will now be restricted to scheduled commercial banks and all-India financial institutions.

SEBI, Capital markets, india stock market, stock market, shares market, indian market, shares market, Securities market, india bourses, risk management, market risk, surveillance systems

India Inc loosens purse strings: CSR spending crosses Rs 50,000 cr mark in 4 years

Among the states, average CSR spend per company was the highest in the National Capital Territory, closely followed by Karnataka and Maharashtra.

Holdings by foreign, domestic institutions at all-time high in Dec quarter

In Q3FY19, Foreign Portfolio Investors (FPIs) sold equities worth Rs 19,100 crore and for the same period in the previous year FPIs bought equities worth Rs 16,900 crore. For the December 2018 quarter, banks, IT services and

Institutional holdings for FPIs, DIIs hit all-time high

Markets bleed: Midcap indices close to hitting two-year lows

With BSE Sensex extending its fall to the eighth day and NSE Nifty to the seventh day on Monday, Midcap indices of both Sensex and Nifty are close to hitting their respective two-year low levels.

sensex, nifty, mid cap, nse, bse

Metal indices hit 52-week lows

The BSE Metal and the Nifty Metal indices hit their respective 52-week lows during Friday’s trading session. The BSE Metal index closed the day 3.42 percent lower at 10,266.29 points while the Nifty Metal index closed 3.36

Nifty metal, BSE, BSE Metal index, Bank bonds, invest in bonds, mutual funds, tax saving, Reserve Bank of India, RBI, Bank shares, Bank stocks, insolvency, banking sector india, Vedanta, Jindal Steel, Tata Steel, JSW Steel, Welspun Corp, Hindustan Zinc, Coal India, APL Apollo Tubes, NMDC, Share prices of metal companies

Auto stocks up; bank, realty flat

Shishir Baijal, chairman and managing director at Knight Frank, sees the rate cut as a positive opportunity for the sector. “We hope it will provide a further fillip to the demand side for real estate. We now expect banks t

RBI, Monetary Policy Committee, Shaktikanta Das, rbi policy rate, Inflation, oil prices, NBFCs, fund, mutual fund, investors

Share prices of companies with high promoter pledging continue to fall

According to Kotak Securities, in a rising interest rate scenario, promoters often use shares owned by them as collateral for loans. Shares of companies with high pledging of promoter holding tend to witness volatility. Howev

Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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