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Source: Live Mint Canadian dollar falls 0.4% against the greenback For the week, the currency was down 0.3% Trades in a range of 1.4384 to 1.4461 Bond yields edge lower across the curve TORONTO, Jan 3 (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Friday and was set to extend a streak…
Source: Live Mint Pradhin Ltd. has scheduled a board meeting on January 17, 2025, to discuss significant proposals, including a 1:10 stock split, a dividend declaration of up to 100 per cent, and the issuance of bonus shares at a 2:1 ratio. The company is a growing player engaged in the agriculture, providing high-quality products…
Source: Live Mint Standard Glass Lining Technology Limited has raised ₹123.02 crores from anchor investors ahead of its upcoming initial public offering, set to open for public subscription on Monday, January 6, 2025. The company announced that it has allocated 87,86,809 equity shares to anchor investors at a price of ₹140 per share on Friday,…
Source: Live Mint The National Stock Exchange (NSE) announced on Friday that it set a record for the highest number of IPOs in Asia and the largest equity capital raised globally in the primary market during the calendar year 2024. The NSE facilitated 268 IPOs in 2024, comprising 90 on the mainboard and 178 in…
Source: Live Mint If you have made investments in some tax-saving instruments but realise that you won’t be able to claim the exemptions against them since you missed intimating your employer about opting for the old tax regime during the year, there is a way out. It is vital to note that you can still…
Source: Live Mint (For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) U.S. Steel drops after Biden halts Nippon Steel’s takeover plan Liquor stocks fall after US surgeon general’s warning Dec. ISM Manufacturing data awaited Futures up: Dow 0.33%, S&P 500 0.37%, Nasdaq 0.48%…
Source: Live Mint New Delhi, Jan 3 (PTI) Rising demand for premium devices, led by Apple and Samsung, is expected to increase India’s smartphone market size to over USD 50 billion (about ₹4,28,900 crore) this year, market research firm Counterpoint Technology Market Research said on Friday. The Indian smartphone market size was estimated at USD…
Source: Live Mint The National Pension System (NPS) is a retirement savings scheme that is mandatory for government employees and optional for those in the private sector. It also offers tax benefits of up to ₹2 lakh under section 80CCD(1) and 80CCD (1B) of the Income Tax Act, 1961. One has to be a resident…
Source: Live Mint Six months ago, Abhishek Kumar received a complaint against his company on SCORES, the online grievance redressal facilitation platform provided by the Securities and Exchange Board of India (Sebi). Strangely, the complaint was against Abhishek Chouhan. Kumar, a registered investment advisor, wrote to Sebi through the SCORES platform that “this complaint is…
Source: Live Mint Indian stock market: A day after posting a robust gain of nearly 2 percent, India’s stock market indices, the Sensex and Nifty 50, experienced sharp declines on Friday, January 3, driven by profit-taking amid a strengthening US dollar. The Sensex opened at 80,072.99, higher than its previous close of 79,943.71, but dropped…
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