President's discretionary grant of Rs 62.4 lakh disbursed to meritorious EMRS Students (See 'Corp Brief') IPR - Patents Act does not impose any bar on amendment of patent application or specification at appellate stage: HC (See 'Legal Desk') Mandaviya announces 'Youth Spiritual Summit' in Varanasi (See 'Corp Brief') Misc - Land Acquisition Collector can't be said to had tendered compensation to recorded owner of subject land, simply based on notice of award u/s 12(2) of LA Act, in absence of communication inviting landowners to receive compensation : HC (See 'Legal Desk') Gadkari lays foundation stone for 9 NH projects in Karnataka (See 'Corp Brief') A&C - Merely pointing to existence of arbitration clause, without invoking statutory remedy u/s 8, is insufficient to seek dismissal of plaint on grounds of lack of jurisdiction: HC (See 'Legal Desk') Coal India's First Fully Women-Operated Dispensary Inaugurated at SECL (See 'Corp Brief') IPR - 'PLUTO' remains dominant part of both marks; Minor differences in presentation or added descriptors do not mitigate risk of confusion among consumers: HC (See 'Legal Desk') IPR - Rejection of patent application on blatantly illogical and misconceived reasoning, namely that invention was 'too simple' to qualify as patentable, was not justified: HC (See 'Legal Desk') Fifth Edition of National Startup Awards invites nominations (See 'Corp Brief') IPR - If goods of Petitioner are actually and in fact identified as 'PISCO', then GI PISCO would legitimately apply to such goods, as per Section 2(1)(e) of GI Act: HC (See 'Legal Desk') DoT rolls out Sanchar Mitra Scheme nationwide to empower Youth (See 'Corp Brief') IPR - Writ Court is yet to decide plea of Lenskart as to no intention to infringe in using Titan's trademark on websites: HC (See 'Legal Desk') Meity launches Whitepaper on Quantum-Safe Cybersecurity (See 'Corp Brief') IPR - Registrar of Trademarks must give reasoned order for pre-acceptance advertisement: HC (See 'Legal Desk') Quality Control Order on Steel Products: Exemptions given to dispatched consignments (See 'Corp Brief') IPR - Courts can't decline protection to plaintiff on sole ground that subject matter of passing off action happens to be registered design: HC (See 'Legal Desk') Semicon India 2025: 300 companies from 18 countries to participate (See 'Corp Brief') IPR - Copyright infringement by rogue websites who were using modern technology to hide their identities while unlawfully benefiting from JioStar's copyrighted works, calls for dynamic injunction: HC (See 'Legal Desk') Science & Technology is key growth engine for India's Economic Rise: MoS (See 'Corp Brief') IPR - Registrar of Trade Marks need to consider factors mentioned u/s 11(6) of Trade Marks, while deciding whether mark is known or recognized in relevant section of public: HC (See 'Legal Desk') Why Family Businesses in India Are Losing Their Own Bloodline (See CORP EINSICHT)

BSE platforms raise over Rs 18 lakh crore for corporate sector in FY21

Published: Apr 07, 2021

By TIOLCORPLAWS News Service

MUMBAI, APR 7, 2021: INDIAN corporates raised over Rs. 18.56 lakh crore worth of funds in 2020-21 through the BSE platforms, an increase of 53 per cent from the preceding fiscal despite the COVID-19 pandemic.

The funds were mobilised through the listing of equity, bonds, REITs (Real Estate Investment Trust), InvITs (Infrastructure Investment Trust) and commercial papers.

In the financial year 2020-21,Rs. 18,56,366 crore (USD 252.95 billion) was raised by the leading exchange as compared to Rs. 12,14,680 crores in 2019-20.

"While the global economy faced adversities due to the pandemic, it was encouraging to see how Indian Investors have shown faith in investing funds in Indian corporate sector through BSE platforms," said the leading exchange.

It noted that a sharp increase was observed in funds raised through the BSE Debt platforms for FY21 with Rs 5.55 lakh crore mopped up through bonds, Rs. 2.18 lakh crore through equities, Rs. 25,225 crore through InvITs, Rs. 4.245 crore though REITs and Rs. 10.52 lakh crore through commercial papers.

The BSE BOND platform continued to be the preferred choice by India Inc to raise debt capital through private placements, structured instruments or be it public issues and also by municipal corporations for raising municipal bonds, it highlighted.

TIOL CORP SEARCH

TIOL GROUP WEBSITES