TheSpuzz Desk

Collateral deposits of  ₹4.5 tn show inefficiencies in system: Sebi’s Narayan G | Stock Market News

Collateral deposits of ₹4.5 tn show inefficiencies in system: Sebi’s Narayan G | Stock Market News

Source: Live Mint Much of collateral placed by investors is locked in opaque systems controlled by brokers, custodians and banks, Securities and Exchange Board of India’s (Sebi) Whole Time Member Ananth Narayan G said on Thursday, highlighting the inefficiencies within the system. Speaking at the India Fintech Forum 2024 in Mumbai, Narayan said that much…

Read More
Pocket FM: a fairy tale machine

Pocket FM: a fairy tale machine

Source: The Verge Laxman, aka Lucky, works at Chaman Medical Store in New Delhi, India. One day, the spoiled son of a local businessman calls the store asking for a box of condoms. Even though it’s pouring outside, his unkind boss demands that Lucky personally make the delivery to the rude customer. What Lucky sees…

Read More
Inventurus Knowledge Solutions IPO: Rekha Jhunjhunwala-backed issue subscribed 1.36 times on day 1; Latest GMP | Stock Market News

Inventurus Knowledge Solutions IPO: Rekha Jhunjhunwala-backed issue subscribed 1.36 times on day 1; Latest GMP | Stock Market News

Source: Live Mint Inventurus Knowledge Solutions IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIB), not more than 15% for non-institutional Institutional Investors (NII), and not more than 10% of the offer is reserved for retail investors. The employee portion has been reserved upto 65,000…

Read More