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Source: Live Mint The soft drink Pepsi’s parent company, Pepsico Inc., announced double-digit organic sales growth for the Indian market in the third quarter of the calendar year 2024, reported the news agency PTI on Tuesday, October 8. “There are pockets of strength in International, Southeast Asia and India markets that are growing nicely,” said…
Source: Live Mint The initial public offering (IPO) of Garuda Construction and Engineering, which opened for bidding on October 8, was subscribed over 1.91 times on the first day, Tuesday. According to stock exchange data, the issue received bids for 3,80,15,666 shares compared to the 1,99,04,862 equity shares offered, with a price range of ₹90-95….
Source: Live Mint The market regulator has proposed new draft rules to create a standardized policy for sharing financial market data with research institutions, analysts and other stakeholders. The Securities and Exchange Board of India (Sebi) had formulated a data-sharing policy in 2018 for analytics projects, research activities, and more. Since its inception, the regulator…
Source: Live Mint The markets regulator will let stockbrokers deal in government securities by accessing the negotiated dealing system-ordering matching (NDS-OM) introduced by the Reserve Bank of India (RBI) in 2005. NDS-OM is a screen-based electronic anonymous order matching system for secondary market trading in G-Secs owned by RBI. It was exclusively designed for G-Secs…
Source: Live Mint Here’s everything you need to know about it. Investments LRS allows Indians to invest in listed foreign securities – both equity and debt. You can invest in mutual funds, exchange traded funds (ETFs), venture funds, and real estate (with some caveats). You can also invest in listed debt securities such as bonds,…
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)…
