What is the difference between debt and equity?

Debt Equity

Debt instruments do not Equity instruments entitlegive ownership rights to the holders to own part of the holders business Interest is payable Dividend is payable Interest is legal Dividend is not legally obligation to pay necessary Debt holders get preference Equity holders are paid only in case of dissolution of after all other obligations are company met Interest not paid is carried Dividend cannot be carried forward today better as Bombay Stock Exchange, which remains the premier stock exchange since its inception. During this period several other exchanges were launched and some of which were closed also. Presently, there are 19 recognized stock exchanges out of which four are national level exchanges and the remaining are regional exchanges.National Stock Exchange, established in 1992, was the last exchange.

Although the regional level exchanges are in existence the volume of trading in these exchanges is negligible.National Stock Exchange and Bombay Stock Exchange are the leaders of Indian Securities Market in terms of listing, trading and volumes.The last 15 years of the Indian securities market can be considered as the most important part of the history where the market gone through the post liberalization era of Indian economy and witnessed the formation of Securities and Exchange Board of India (SEBI) which brought substantial transparency in share market practices and thus managed to bring in trust of not only domestic investors but also the international ones.