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DEPOSITARY RECEIPTS
Sebi issues rules for depositary receipts on REITs, InvITs unitsIndia's market regulator has unveiled a new framework enabling foreign investors to invest in REITs and InvITs, aiming to boost foreign cap...
Infosys Q2 net profit rises 6.2%; projects weakest growth in seven yearsRevenue rose 10.7% yearly and 2.1% quarter-on-quarter to reach Rs 49,244 crore. Infosys lowered its guidance for 2026-27 to 1-2% in constan...
Infosys ADRs crash 6% after Q2 results as revenue guidance cut spooks investorsInfosys ADRs fell 6.3% after the company lowered FY27 revenue growth guidance to 1-2%, despite September-quarter revenue beating estimates....
- US stocks 2026: Moderna, SanDisk lead top 10 gainers delivering up to 734% returns
Ten US stocks with market caps above $5 billion have seen share prices more than triple in 2026, delivering returns up to 734%. Healthcare ...
Global Market Today: Asian stocks advance as selloff in chips easesThe MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. bo...
Blockbuster Accenture show holds out hope for battered Indian ITAccenture's latest financial performance has sparked renewed optimism among investors in the Indian IT sector. The strong results hint at a...
Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNLIndian equities continued their downward trend due to rising global bond yields and high crude oil prices. The Nifty 50 fell by 198.50 poin...
Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun BeveragesOn September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracte...
Taiwan's Wistron raises $1.5 billion in global share sale to fund raw material purchasesNvidia supplier Wistron is raising $1.47 billion through a global share sale as surging AI spending drives demand for servers and component...
Citi alumni plan Bitcoin securities that don't need SEC nodThe new offering, called Bitcoin depositary receipts, will be similar to American depositary receipts that represent foreign stocks. The st...
Russian companies, banks could reap hundreds of millions of dollars from depositary receipt delistingDepositary receipts are certificates issued by a bank representing shares in a foreign company traded on a local stock exchange. They allow...
ICICI Bank shares up 3% on fixing record date for stock splitThe number of ADSs held by an American Depositary Receipt holder would consequently increase in proportion to the increase in number of equ...
Government to review FCCB, depositary receipt rulesThe government is carrying out a comprehensive review of rules governing foreign currency convertible bonds (FCCBs) and depository receipts.
- Standard Chartered's IDRs: Bumpy ride ahead
- Videocon Industries closes $51 million GDR issue
Videocon Industries today said it has raised USD 51.02 million (over Rs 280 crore) via a Global Depositary Receipt (GDR) issue.
- Ind Swift Laboratories jumps over 3% on BSE today
Ind Swift Lab rose by 3% on BSE today after the company announced raising Rs 500 crore through the issue of securities.
- Standard Chartered prices India offer at Rs 104 per IDR
Standard Chartered priced its Indian depositary receipts (IDRs) at the lower end of the indicated range on Sunday, the British bank said, r...
- Stanchart to float first IDR for over Rs 2,200 cr; list in June
The bank said it had hired UBS AG, Goldman Sachs, JM Financial Consultants, DSP Merrill Lynch, Kotak Mahindra Capital and SBI Capital Marke...
- Cambridge Solutions to raise $40 million
Cambridge Solutions plans to raise up to $40 million, including green shoe option of $10 million, either through American depositary receip...
- Electrotherm to raise Rs 300 cr from overseas mkts
Electrotherm India on Thursday said it will raise Rs 300 crore from the overseas markets through the issue of different securities like bon...