This article will help you to learn about the difference between capital market and money market. Difference between Capital Market and Money Market Capital Market: 1. It provides finance/money capital for long-term investment. 2. The finance provided by the capital market may be used both for fixed and working capital. 3. Mobilisation of resources and effective utilisation of resources through [...]
After reading this article you will learn about the Organisation and Growth of Stock Exchanges. Stock Exchanges in India are organised in any of the following forms: (a) Voluntary, non-profit making associations, e.g., Bombay, Ahmedabad and Indore; (b) Public Limited Companies such as Calcutta, Delhi and Bangalore stock exchanges; and (c) Company Limited by guarantee, e.g.; Hyderabad and Madras stock [...]
Underwriting of capital issues in India has become very popular in recent years but its growth had been very slow in the initial years as compared to the developed countries like U.S.A. and U.K. Securities were underwritten for the first time in U.S.A. in the year 1860 and it was only in 1900 that English Companies Act legalised the payment [...]