Sebi norms may've partly fuelled recent FPI sell-off
Hindustan Times|December 04, 2024
FPIs net sold shares worth almost ₹1.16 lakh cr during October-November
Ram Sahgal & Neha Joshi
Sebi norms may've partly fuelled recent FPI sell-off

A regulatory diktat in September 2023 to prevent Indian entities from abusing the foreign portfolio investor (FPI) route likely sparked a sizeable chunk of the aggressive FPI selling in the recent past, market experts said.

At a time of weak corporate earnings and rising US bond yields, selling to comply with the regulator's circular accounted for about 20-40% of the $13.75 billion outflows by global funds and global emerging market (GEM) funds in October and November, two fund managers and one securities lawyer said on the condition of anonymity.

The Securities and Exchange Board of India (Sebi) circular was designed to prevent Indian entities from bypassing India's minimum public shareholding (MPS) norms, which mandate every listed company to have a minimum public float of 25%.

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Hindustan Times

Man dupes families by posing as abducted kin, held

On November 24, 40-year-old Raju returned to his house in Khoda, Ghaziabad over three decades after he was kidnapped, and his family tearfully celebrated the return of their long-lost son.

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1 min  |
December 07, 2024
Atishi Presents Awards to 207 Students for Excellence
Hindustan Times

Atishi Presents Awards to 207 Students for Excellence

Delhi chief minister Atishi felicitated 207 school students, including 58 differently abled students, for excelling in the Class 10 and 12 board exams, at a ceremony held at Thyagaraj Stadium on Friday.

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1 min  |
December 07, 2024
1.06-minute CCTV footage shows sequence of events
Hindustan Times

1.06-minute CCTV footage shows sequence of events

CCTV footage from the classroom at a private school in Vasant Vihar has emerged as crucial evidence in the case of a 12-year-old student's death, capturing the confrontation between the victim, Prince, and a classmate which eventually led to the victim's tragic death.

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2 mins  |
December 07, 2024
Comic Con, festivals, heritage walks are on as pollution cloud lifts
Hindustan Times

Comic Con, festivals, heritage walks are on as pollution cloud lifts

This week (Monday to Friday), Delhi's average AQI has been 244, as good as it gets this time of the year, at least since the late 2000s when the city's air quality took a turn for the worse after Punjab passed a water conservation law that started the trend of stubble burning.

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4 mins  |
December 07, 2024
Hindustan Times

NEWBORN BOY'S BODY FOUND NEAR WEST DELHI PARK

A newborn baby boy was found dead near a park in west Delhi's Uttam Nagar on Friday morning, police said, adding that a case has been registered and investigation is underway.

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1 min  |
December 07, 2024
World's smallest gull seen in Ggm, only third known sighting in NCR
Hindustan Times

World's smallest gull seen in Ggm, only third known sighting in NCR

Birders on Friday made a rare, exciting sighting in Gurugram, spotting a little gull (Hydrocoloeus minutus) near Chandu-Budhera, with experts stating that this is possibly only the third recorded sighting of the bird in the NCR.

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2 mins  |
December 07, 2024
Hindustan Times

Neb Sarai murders: Father spotted 20-yr-old with girlfriend, beat him

A 20-year-old man arrested for the chilling murders of his father, mother, and sister at their Neb Sarai home told investigators that his father had recently struck him and publicly berated him after \"catching\" him with his girlfriend in a market.

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1 min  |
December 07, 2024
Hindustan Times

HC denies Kejriwal early hearing

The Delhi high court on Friday refused to give an early hearing to former Delhi chief minister Arvind Kejriwal on his plea against a city court's order taking cognizance of the charge sheet filed by the Enforcement Directorate (ED) in the Delhi excise policy case.

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1 min  |
December 07, 2024
BJP deleting names of voters: Kejriwal
Hindustan Times

BJP deleting names of voters: Kejriwal

Aam Aadmi Party convener Arvind Kejriwal on Friday claimed that the Bharatiya Janata Party (BJP) has filed applications to delete the names of more than 11,000 living voters from the electoral roll in the Shahdara constituency ahead of the Delhi assembly polls, and said that his party will give a representation to the Election Commission of India (EC) to demand a probe into the matter.

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2 mins  |
December 07, 2024
AAP CHIEF WHIP DILIP PANDEY OPTS OUT OF 2025 ASSEMBLY POLLS
Hindustan Times

AAP CHIEF WHIP DILIP PANDEY OPTS OUT OF 2025 ASSEMBLY POLLS

Aam Aadmi Party (AAP) legislator Dilip Kumar Pandey, who is the party's chief whip in the Delhi assembly, on Friday opted out of contesting the upcoming state polls.

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1 min  |
December 07, 2024