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Source: Live Mint The markets regulator Securities and Exchange Board of India (SEBI) has given its approval to Zinka Logistics and Standard Glass to raise funds through initial public offering (IPO). In an earlier notification, Sebi also gave its green signal to National Securities Depository (NSDL), which had filed draft red herring prospectus in July…
Source: Live Mint The Board of Reliance Industries Ltd (RIL) is scheduled to meet on October 14 to review and approve the financial results for the quarter ending September 2024. “Meeting of the Board of Directors of the Company is scheduled to be held on Monday, October 14, 2024, inter alia, to consider and approve…
Source: Live Mint Following the announcement made by the Union Finance Minister Nirmala Sitharaman during Budget 2024, the Central Board of Direct Taxes (CBDT) has set up an internal committee to oversee a comprehensive review of the Income Tax (I-T) Act. The key goal of this review is to make the income tax law concise, clear and…
Source: Live Mint Applying for a personal loan can be a crucial financial decision, offering you the necessary funds for various needs—be it education, medical emergencies, or home renovations. However, before diving into the application process, it’s essential to consider several factors to ensure you make an informed choice. Here are five critical aspects you…
Source: Live Mint Garuda Construction and Engineering IPO: The first day of bidding for Garuda Construction and Engineering Ltd started well, with the issue being fully booked and receiving a positive response from retail investors. The Garuda Construction IPO consists of a combination of 1.83 crore fresh equity shares and an Offer For Sale (OFS)…
Source: Live Mint I have been working in the US for many years. I want to remit some money to my brother in India. Are these funds taxable in my hands or his? I have already paid tax on the money here. Should I transfer the funds to my account so that my brother can…
Source: Live Mint While the Indian stock market rebounded from a sharp six-day sell-off in Tuesday’s trade, metal stocks experienced a significant decline, with many stocks in the Nifty Metal index dropping by as much as 4% after China’s leading economic planner failed to introduce further stimulus measures. As a result, the Nifty Metal index…
Source: Live Mint Personal loans are a flexible financial tool that can help you manage unforeseen expenses, consolidate debt, or fund significant purchases. However, securing approval for a personal loan can be challenging. To enhance your chances of approval, here are five essential tips to consider before applying. What is a personal loan? A personal…
Source: Live Mint Shares of Olectra Greentech, an electric bus manufacturer, rose nearly 7% in intraday trade on Tuesday, October 8, to ₹1663.45 apiece, breaking a three-day losing streak. This sharp reversal in shares came after the company emerged as the lowest bidder for a contract to supply 327 electric buses to the Himachal Road…
Source: Live Mint A rally in Chinese stocks, major changes to India’s F&O rules, and the Israel-Iran conflict have all contributed to recent market volatility. Sentiment has shifted, with a notably bearish tone in the markets. In the past five days, the BSE Sensex and NSE Nifty have both dropped over 5%. Amid the turmoil,…
