SEBI changes norms for FII and Buyback of Shares

Sebi, India’s capital market regulator on Tuesday tightened the norms for share buybacks, moving to arrest suspected misuse of stock repurchases by listed companies in recent years. Companies would have to ensure they spend at least 50% of the money earmarked for buybacks, the Securities and Exchange Board of India (Sebi) said after a board meeting. That doubles the current minimum of 25%. Sebi’s new rules will require companies opting to...

What is Asset/Instrument? What is Asset Allocation ? Ideal Asset Allocation:

What is the meaning of asset/instrument? While talking of investments we will use word asset and instrument almost in similar sense. Suppose, I want to invest in equity share of ABC LTD, then I will purchase it’s shares from stock exchange. Here equity share is an asset, an equity asset class, while similarly the listed equity share is instrument as well. Many times instrument are multiple then the asset class. For e.g. I want to invest into gold,...