Mumbai: The Reserve Bank of India (RBI) Tuesday proposed replacing a seven-year-old set of rules with a single framework that would govern overseas fund flows into equity instruments across companies, limited liability partnerships, and specialized investment vehicles. The Foreign Exchange Management (Foreign Investment) Rules, 2026, seeks to replace the Foreign Exchange Management (Non-Debt Instruments) Rules,…
Hong Kong, Hong Kong, September 30th, 2025, FinanceWire Edgen, the AI platform that unites stocks and crypto into a single intelligence layer, today announced a major upgrade that transforms how investors interact with markets. This release marks a step toward Edgen’s vision of a transparent, collaborative financial ecosystem, where investors, developers, and protocols can operate…
You may want to refinance your mortgage to get a better mortgage rate, lock in a lower monthly payment, or receive cash in exchange for equity. But before you start filling out applications, you need to know whether you can refinance right now. To qualify for a mortgage refinance, you need to have a certain…
Digital Equity Africa at the weekend concluded the Future Minds AI Summer Camp 2025 with a Demo Day at the Alliance Française de Lagos / Mike Adenuga Centre, Ikoyi, where children between the ages 6 and 17 presented technology projects developed over two weeks. The camp — one of Africa’s earliest AI-focused programs for children…
“As for where the tariffs will land, predicting that is very difficult at this point. But it’s a safe assumption that 25% is close to the worst-case outcome, and the final agreement will likely be around that or slightly better,” says Seshadri Sen, Emkay Global Financial Services.Just grappling with how you manage to adjust to…
India’s largest NBFC, Bajaj Finance, has set Monday, June 16, 2025, as the record date for its 1:2 stock split and 4:1 bonus share issue. The board approved both corporate actions on April 29, alongside the company’s Q4FY25 results. Under the stock split, there will be a sub-division of 1 equity share of face value…
Mumbai: The Securities and Exchange Board of India (Sebi) has announced new rules to strengthen oversight of the equity derivatives market. The changes include a new method for calculating open interest, revised position limits linked to cash market liquidity and tighter monitoring of large positions in index options and single-stock derivatives to curb excessive speculation….
Let’s start with your personal story I’m a third generation Mumbaikar, and given this background my education has been with the State Board and Mumbai University. I am a commerce graduate from RA Podar College, and my post graduate degree is a Masters in Management Studies, specialising in Finance from METIMS. How did you land…
Elon Musk’s social network X has raised close to $1 billion in new equity from investors, according to people with knowledge of the matter—a deal that gives the company a valuation in line with when Musk took it private in 2022. Musk himself participated in the equity raise, said some of the people, all of…
The Nigerian equity market recovered, gaining N67bn on Tuesday after six consecutive days of losses that resulted in a N1.6tn decline. This resulted in a 0.12 per cent increase in the All Share Index to settle at 95,895.92 points, up from the previous close of 95,781.68 points. Market capitalisation increased to N54.448tn, reflecting the gain….
