Why you still need to dematerialise physical sharesThe Securities and Exchange Board of India (SEBI) has tightened physical shareholding. Physical sale of shares is prohibited with effect from October 1, 2023. But from January 2024 onwards, even transmission (in the case of legal heirs), name deletion and duplicate requests need demat conversion. If you still… Continue reading Still holding paper shares? Here’s how to convert them to demat
The Securities and Exchange Board of India has extended the listing deadline for the National Securities Depository Limited (NSDL) to August 14, 2025. In a disclosure, NSDL said that the SEBI has granted an extension to the company for in-principle approval for the listing of its equity shares on the stock exchange till August 14.… Continue reading Motilal Oswal Alternates raises Rs 2,000 cr through sixth real estate fund
India’s mutual fund landscape, long dominated by urban-centric players and male leadership, is getting a shake-up from Bharat and by a woman. Madhu Lunawat, the country’s first woman founder of a mutual fund, is steering The Wealth Company Asset Management towards the hinterland, betting that the next wave of India’s investing class will rise from… Continue reading India’s first woman AMC founder wants to build a mutual fund empire from Tier-2 India
The capital gain tax rule for various categories of mutual funds has been updated in FY 2024-25. The new capital gain tax rules for mutual funds will stay in effect till they are changed again by the government. ET Wealth online spoke with Naveen Wadhwa, Vice-President of Research & Advisory at Taxmann.com, to understand the… Continue reading Mutual fund taxation for AY 2025-26: Latest capital gain tax rules for equity mutual funds, debt mutual funds, international mutual funds, gold mutual funds, others
Tata Capital is reported to file its updated draft red herring prospectus (DRHP) with the capital markets regulator Sebi for its upcoming initial public offering (IPO), according to NDTV Profit. The IPO of Tata Capital may include a fresh share sale of 21 crore equity shares and Tata sons and other shareholders will offload around 26.6 crore… Continue reading Tata Capital IPO: Tata group firm to file revised DRHP; unlisted shares take a hit
Shares of BSE Ltd rose 3 per cent, while unlisted shares of NSE traded firm following a report that SEBI has cleared Jane Street to resume trading activity in the Indian equity market. The approval reportedly came after the firm deposited $567 million (₹4,843.50 crore) into escrow accounts, in line with SEBI’s earlier directives. Though… Continue reading Jane Street impact: BSE shares jump 3%; NSE unlisted stock, brokers react
NSDL IPO: The much-anticipated initial public offering (IPO) of National Securities Depository (NSDL) is expected to roll out soon, with the company planning to begin accepting investor bids as early as next week. According to a Bloomberg report, NSDL could raise up to $500 million from the offering. With this listing, NSDL will become India’s second publicly traded depository,… Continue reading NSDL IPO: Trading in unlisted shares freezes; check key details from DRHP
Senior IAS officer of Kerala cadre Sanjay Kaul on Monday (July 21, 2025) took charge as the Managing Director and Group Chief Executive Officer of Gujarat International Finance Tec-City (GIFT City), India’s first International Financial Services Centre (IFSC) and flagship Smart city project in Gandhinagar. Mr. Kaul succeeds retired IAS officer Tapan Ray, who served… Continue reading Sanjay Kaul takes charge as head of GIFT City