June 2021 - CTN PRESS

sebi: Sebi gives more time to brokers clearing members to comply with rules

NEW DELHI: Markets regulator Sebi on Wednesday extended deadlines for complying with certain regulatory requirements by stock brokers, clearing members and KYC registration agencies in view of the ongoing COVID-19 pandemic. The deadline for maintaining call recordings of orders or instructions received from clients has been extended by one month till July 31, the Securities […]

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Smallcases for rich? 3 market veterans curate portfolios for affluent investors

GENERAL NEWS / CEV News

NEW DELHI: Curated theme-based portfolios, in which investors can park their funds according to their conviction, have grown popular on Dalal Street, especially after Smallcase, an upstart, came out with them targeting retail investors. Usually, these portfolios are created by a team of analysts and have small ticket sizes, enabling mass participation. However, has launched

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Omaxe consolidated income falls to Rs 192 cr in Q4

GENERAL NEWS / CEV News

NEW DELHI: Realty developer Omaxe said that company’s consolidated income from operations fell to Rs 191.87 crore for the quarter ended March 31st 2021 as compared to Rs 355.38 crore for the quarter ended March 31st 2020. Consolidated net profit for quarter ended March 31st 2021 stood at Rs 0.54 crore as compared to a

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Ahead of Market: 12 things that will decide stock action on Thursday

GENERAL NEWS / CEV News

NEW DELHI: Domestic equity indices saw a gap-up opening on Wednesday, but quickly gave up all gains in the afternoon session amid selling pressure in financial stocks. The headline indices ended in the red for the third straight session and settled below their crucial psychological levels. Nifty moved in a range of 130 points and

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Volatility poised to make a comeback and even bulls are concerned

GENERAL NEWS / CEV News

By Joanna Ossinger Volatility retreated across asset classes in the first half of the year as developed nations emerged from the worst of the Covid-19 pandemic. Its potential return may not mean the end of good times for risk assets. The Cboe Volatility Index, or VIX, has fallen more than six points this year, close

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China’s Didi set to open over 14% higher in mega US IPO

GENERAL NEWS / CEV News

Chinese ride-hailing giant Didi Global Inc shares were set to open more than 14% higher in their debut on Wednesday, valuing the company at more than $77 billion and marking one of the biggest listings in the United States this year. At 11:25 a.m. ET, SoftBank-backed Didi’s shares were indicated to open between $15.5 and

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Sunteck Realty posts Rs 10 crore profit in Q4 FY21 Real Estate News ET RealEstate

GENERAL NEWS / CEV News

NEW DELHI: Mumbai-based Sunteck Realty has reported a consolidated net profit of Rs 10.4 crore for the quarter ended March 2021 on higher revenue. It had posted a net loss of Rs 12.99 crore in the year-ago period. Total income rose to Rs 194.67 crore in the fourth quarter of FY’21 from Rs 91.17 crore

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Rental market: Waiting for an upswing

GENERAL NEWS / CEV News

By: Surabhi Arora Demand for premium homes in the rental segment has has weakened in past few quarters across markets in India. Employers are increasingly restricting the housing budget for their employees, which is resulting in lower demand for rented premium accommodations. Cost cutting is the priority for most multinational corporations and they try to

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Omaxe posts profit of Rs 1 crore in Q4 FY21, Real Estate News ET RealEstate

GENERAL NEWS / CEV News

NEW DELHI: Realty firm Omaxe has reported a consolidated net profit of Rs 1.11 crore for the quarter ended March on lower income amid the COVID-19 pandemic. The Delhi-based firm had posted a net loss of Rs 126.26 crore in the year-ago period. Total income fell to Rs 191.87 crore in the fourth quarter of

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Varanasi: Holy city on the realty compass

GENERAL NEWS / CEV News

The report on the Varanasi City Development Plan under the JnNURM estimates housing demand in the city to grow at an annual rate of 16%Varanasi, one of the world’s oldest living cities, is now expecting a radical change in its urban infrastructure and civic amenities. The Prime Minister has already held out some thoughts on

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Promoters repay entire Rs 1596 crore debt owed to Macrotech Developers Real Estate News, ET RealEstate

GENERAL NEWS / CEV News

Promoters of realty developer Macrotech Developers, also known as Lodha Group, have repaid the entire debt of Rs 1,596 crore owed by them to the company. Out of this debt, which included interest accrued thereon, Rs 400 was repaid on April 29, while the balance of Rs. 1,196 crore was repaid on Wednesday. “This repayment,

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Home buying now begins online

GENERAL NEWS / CEV News

Even as buyers are carrying out research and studying the options through the internet, buying a home is a protracted affair.For property purchases, the action clearly seems to be shifting online. Over the last four years in India, real estate transactions to the tune of $43 billion (around Rs 2.6 lakh crore at current exchange

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