The financial sector reforms in India have ushered in wide ranging changes in the financial markets in India. Beginning in the mid-nineties, many of the barriers that had hitherto restricted the flow of funds across the ...

In the Indian capital market, about half the funds raisedsince 1985 have been through rights issues. Equity, fully and partly convertible debentures, and nonconvertible debentures have been the major capital market ...

In the mainstream literature of finance, Liquidity of an asset has not been considered an important determinant of its expected return or its price. There have been, however, few empirical and theoretical works which point ...