[ KUALA LUMPUR: Bursa Malaysia Bhd has unveiled Malaysia’s first profiling platform featuring and facilitating better connections between representatives of dealers and investors, beyond traditional channels. In a statement today, the exchange said the platform, known as Bursa Remisier Acquisition Hub (Bursa Reach), is a new offering that provides investors greater access to investment opportunities. … Read more
[ Range Media Partners has secured a minority investment from a group including Liberty Global and TPG founding partner David Bonderman’s family office Wildcat Capital Management. Family entertainment company Playground Productions is also a participant in the new round, terms of which were not disclosed. The new investors join an existing roster of backers, among … Read more
[ MUMBAI: Dalal Street investors are bracing for heightened volatility and a negative opening on Monday as the Iran-Israel conflict will compound turmoil in global markets. Traders would remain cautious and wait for cues to take a view about the market’s trend, they said. For one, any escalation of the conflict could have a direct … Read more
[ NEW DELHI: Foreign portfolio investors (FPIs) maintained their position as net buyers in the Indian stock markets for the third consecutive month in April. According to data from the National Securities Depository Limited (NSDL), FPIs have purchased stocks worth Rs 13,347 crore in India so far this month. Despite the positive trend, VK Vijayakumar, … Read more
[ The stock market has punished Apple this year for failing to offer a vision of where its future growth will come from. The shares caught a bid on Thursday after the tech giant took a step toward providing an answer.Apple’s decision to overhaul its Mac computer line to focus on AI struck a chord … Read more
[ Gold prices rose above $2,400 per ounce to an all-time high on Friday, heading for their fourth week of gains, as growing tensions in the Middle East prompted investors to seek refuge in the safe-haven assets. Spot gold eased 0.8% to $2,353.35 per ounce as of 1:40 p.m. ET (1740 GMT), taking a breather … Read more
[ MUMBAI: Troubled edtech startup Byju’s offered its disgruntled investors another chance to participate in the company’s $200 million rights issue to protect their shareholding. In a letter to shareholders on Friday, founder and group CEO Byju Raveendran claimed that the firm has already secured over 50% shareholder votes to increase authorised share capital for … Read more
[ NEW DELHI: Byju Raveendran, the founder of the troubled edtech giant Byju’s, has reached out to disgruntled investors in a bid to reconcile, announcing a board consideration of an offer on renounced shares. This move aims to address investor concerns over dilution of their stakes following a rights issue that significantly reduced the Indian … Read more
[ Amid market regulator Sebi’s concern over heightened inflow in small-cap and mid-cap funds, industry experts said they do not see any alarming signs of redemptions in this space. Despite the concerns, investors are anticipated to continue pursuing these funds due to their potential for high returns, they added. Sebi, late last month, asked mutual … Read more
[ MUMBAI: Byju Raveendran, founder and CEO at troubled edtech startup Byju’s hit out at a group of investors, stating that their move to disable the company from using the funds raised through the rights issue has hindered disbursement of salaries to employees. “….I regret to inform you that we will still be unable to … Read more
