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Indian investments in gold ETFs third highest in October
BUSINESS LINE : Investments into physically-backed gold exchange-traded funds (ETFs) by Indians were the third highest in October, even as investors in the UK and Germany chose to exit, data from the World Gold Council showed.
WHAT IS GOLD ETF? CLICK HERE TO KNOW
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What is an Escrow account? Example, Uses and Issues
July 13 WHAT? An escrow account is a financial arrangement where a third party holds and manages funds or assets on behalf of two or more parties involved in a transaction, until specific conditions or obligations are met. For example a person pays an advance for a flat purchase, in which he has an option to cancel before possession. The amount paid by him as the advance goes to an escrow account and would be transferred to the builder only when the deal is fully completed. Escrow accounts acts as a neutral intermediary...
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From NSDL to HDB Financial: Big names among ₹1.4 lakh crore IPO pipeline for 2025
June 11 SUMMARY The CNBC TV18 article highlights a robust IPO pipeline for 2025 in India, with 72 companies having received SEBI clearance to raise ₹1.4 lakh crore. Key details of Prominent IPOs HDB Financial Services: Plans to raise ₹12,500 crore through a mix of ₹2,500 crore fresh issue and ₹10,000 crore offer for sale (OFS) by HDFC Bank. Hero FinCorp: Approved for a ₹3,668 crore IPO, with ₹2,100 crore as a fresh issue and ₹1,568 crore via OFS. Vikram Solar: Cleared for a...
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What is SEBI's SCORES Platform?
December 05 SCORES, which stands for "SEBI Complaints Redress System," is an online platform introduced by the Securities and Exchange Board of India (SEBI). SEBI is the regulatory body for securities and commodities markets in India. SCORES is designed to provide a platform for investors to lodge complaints against listed companies, intermediaries, and market entities related to securities market activities. Key features of SCORES: Online Complaint Filing: Investors can file complaints against entities registered with...
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