Source: Live Mint State-owned NTPC Green Energy Limited’s initial public offering (IPO) is scheduled to open for public bidding on Tuesday, November 19 and close on Friday, November 22. The renewable energy firm’s IPO will have its anchor round of investing on Monday, November 18. NTPC Green Energy aims to raise nearly ₹10,000 crore through…
Source: Live Mint Assume Mr A is an NRI based in the US and his father wants to send him ₹10 lakh from India. A resident Indian can only send money to an NRI’s NRO account. It cannot go in the NRE account because even though NRE is a rupee-denominated account, funds deposited in it…
Source: Live Mint The Income-Tax (I-T) department has today (November 17) launched a new campaign warning taxpayers of ₹10 lakh penalty if they fail to disclose foreign held assets or income earned from abroad in their ITR, according to a PTI report. The “compliance-cum-awareness campaign” aims to ensure that taxpayers report all information in their…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Over 10 lakh senior citizens aged 70 and above have enrolled for the newly launched Ayushman Vay Vandana Card, under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) health scheme, the Ministry of Health and Family welfare declared on Saturday. Of the 10 lakh people who have enrolled for the…
Source: Live Mint The year 2024 is about to end in another six weeks. Investors are looking for different ways to maximise their gains in this Calendar year, while capping the losses to the bare minimum. With stock market indices in a free fall where Nifty has already declined 10 percent on FII sell-off, what…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, slightly declined on Thursday, marking their sixth weekly loss in seven weeks. Concerns about a slowdown in consumption compounded worries about moderating earnings and foreign capital outflows. The Nifty 50 dropped by 0.11% to 23,532.7, closing below its 200-day moving average…
Source: Live Mint In an equities slump during the holiday-shortened last week, as many as eight of the top ten most valued Indian listed companies lost a cumulative ₹1,65,180.04 crore from market valuation, PTI reported. Among the top 10, banking sector majors HDFC Bank and State Bank of India (SBI) took the biggest hits. Overall,…
Source: Live Mint The Indian stock market, after smashing many record peaks this year, is facing consistent selling pressure and has now slipped into a correction phase after being in consolidation. Due to several domestic and global triggers, bears are dominating bulls on D-Street and the overall sentiment will likely stay muted in the next…
Source: Live Mint My father passed away last year without executing a valid Will, leaving behind my mother, a son, i.e. me and my sister. He had bought a residential house in 2009 which has been equally mutated in the name of all the three legal heirs in the municipal records. We are planning to…