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These passive funds mirror MSCI indices for their investment. For a stock to remain on an MSCI index, international investors must have a minimum headroom of 15%, with an adjustment factor of 1, to purchase the shares on the public market.

Road shows for the bond issuances in favour of Diamond II Ltd are scheduled to commence early next week, with Barclays, HSBC, Deutsche Bank, JP Morgan, BNP Paribas, and Standard Chartered Bank serving as joint global coordinators. DBS, Mizuho, MUFG, SMBC Nikko Securities, and Societe Generale are joint book runners, the sources said.

Increasing conviction that the Reserve Bank of India (RBI) is unlikely to raise interest rates further has provided the bond market with visibility on future declines in bond yields, thereby prompting greater trading interest this month, treasury executives said.

Citigroup Inc, JPMorgan Chase & Co and Wells Fargo & Co beat earnings expectations, benefiting from rising interest rates and easing fears of stress in the banking system.

Nexus Select Trust has a portfolio of 17 operational shopping malls across 14 major cities, covering a 9.8 million square feet area valued at around Rs 23,000 crore.According to sources, the Nexus Select Trust is likely to hit the capital market in early May with its REIT IPO. It is expecting to get the Sebi nod soon

JPMorgan, the biggest US lender in terms of assets, reported a 52 percent surge in profits to $12.6 billion. This was boosted by record revenues of $38.3 billion, up 25 percent from the year-ago level.But the additional reserves were taken due to "a deterioration in the weighted-average economic outlook" and "an increased probability of a moderate recession due to tightening financial conditions," the bank said in an earnings release

We wish to inform you that a meeting of the board of directors of the company is scheduled to be held on Friday, April 21, 2023, inter alia, to consider and approve the standalone and consolidated audited financial results of the company for the quarter/year ended March 31, 2023,” Reliance Industries said in a BSE filing

The fund is managed by Rishi Kohli, who is an industry veteran in the derivatives quantitative strategies market in India. He has been a pioneer in options strategies and managed futures through the development of the Indian derivatives market over the years

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As per media reports, Goyal Aluminiums has plans to invest Rs 200 crore to set up an electric vehicle (EV) manufacturing plant in Uttar Pradesh. The company has been allotted 4,000 square metre land from the Greater Noida Industrial Development Authority (GNIDA) for the project