High interest rates and inflation are hurting the global property boom but India remains a bright spot. Despite a rise in mortgage rates and property prices, housing demand remains steady in India, according to foreign brokerage firm CLSA’s channel checks. “Most developers and property brokers indicated footfalls and conversion remain steady despite a 150 basis …
As inflation eased to below the 7% mark in October, expectations of a much smaller size rate hike most likably a 35 basis points hike in RBI’s December monetary policy has taken rounds. However, there is a case where a 50 basis points hike for the fourth policy in a row cannot be ruled out. …
RBI meet: Will the Central Bank go for a moderate rate hike? Here’s what to expect Read More »
The Nifty ended flat amid volatility on December 5, as the Reserve Bank of India started its three-day monetary policy meeting, the last for the year 2022, with the central bank expected to moderate the pace of the rate hike. The index opened a tad higher at 18,719 and moved in a 100-point range through …
Domestic indices traded cautiously ahead key events lined up this week. Nifty opened positive but soon drifted in red and remained lackluster throughout the session to finally close flat at 18701. Broader market continued with its outperformance with Nifty midcap 100 finally crossing its 52W high and is just 2-3% away from all time high levels. …
Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Read More »
HCG’s consolidated post IND AS EBITDA grew healthy 21% YoY (4% QoQ) to Rs 747mn, in line with our estimates (Rs754mn). Adjusted for one time consulting (Rs50mn) and ESOP related charges (Rs12.9mn); was up by 28% YoY. Existing centers reported strong profitability with EBITDA growth of 30% YoY (4% QoQ) to Rs777mn, while new centers …
Buy HealthCare Global Enterprises; target of Rs 375: Prabhudas Lilladher Read More »
As soon as BlockFi declared bankruptcy, many cryptocurrencies started falling and continue to fall. We are listing all the cryptos affected by this announcement of BlockFi below. Bitcoin (BTC) During the FTX decline and macro triggers, Bitcoin did not lose ground and did not see much downside. Even the complete failure of FTX did not …
Top 7 cryptocurrencies to avoid as soon as BlockFi declared bankruptcy Read More »
VerSe Innovation Pvt. Ltd, the parent of news aggregator Dailyhunt and short-video platform Josh, has laid off 5% of its employees at its mid-year performance review to cut costs and streamline operations. “Considering the economic climate we have evaluated our strategic priorities. For long-term viability of our business and our people, we have taken steps …
Dailyhunt parent sacks 150; to cut salaries for staff earning over ₹10 lakh per annum Read More »
Engineering systems and solutions provider Uniparts India’s ₹836-crore initial public offering (IPO) will open for public subscription on Wednesday, November 30, 2022 and conclude on Friday, December 2, 2022. The bidding for anchor investors will open on Tuesday, November 29. The price band has been fixed in the range of ₹548-577 a share for its three-day initial …
Uniparts India IPO opens tomorrow. Check latest GMP, key details Read More »
Ajay Konale, 28, started dabbling in the cryptocurrency market in 2020. But he did not get into it for the money. Not directly, anyway. Konale, a Bangalore-based chartered accountant (CA), had just started his own auditing firm with a partner and he identified a clear dearth of qualified accountants to advise investors who are part …
Chartered accountants are big gainers in the volatile cryptocurrency market Read More »
Standard Operating Process under SEBI (PIT) Regulations, 2015 for ensuringcompliance with Structured Digital Database (SDD)
Bikaji’s IPO to launch on November 3 Bikaneri Bhujia will now shine in the stock market as well. The IPO of Bhujia and sweets maker Bikaji Foods International will be launched this week. The IPO will open from number 3 to 7. The share price ranges from Rs 285 to Rs 300. will be between …
Bikaji’s IPO to launch, Bikaneri Bhujia will now shine in the stock market Read More »
market benchmark BSE Sensex rallied 635 points to 59,942 in opening trade of the special Muhurat session on Monday, to mark the beginning of the Hindu Samvat year 2079. The 30-share index was trading higher by 635.12 points, or 1.07 per cent, at 59,942.27 in the first few minutes of trade. Similarly, the broader NSE …
Muhurat trading: Sensex jumps 635 points to 59,942, Nifty surges 192 points to 17,768 Read More »
Guidance note by NSE on use of digital signature certificate for announcements submitted by listed companies
few steps to understand taxes on stock market earnings: Types of stock market earnings In the first place, you need to know that the income generated through purchasing or selling shares is covered under the category of Capital Gains.The two heads under ‘Capital Gains’ are ‘Long Term Capital Gains’ and ‘Short Term Capital Gains’. Depending on …
INCOME TAX RETURN: few steps to understand taxes on stock market earnings Read More »
The Reserve Bank of India (RBI) has recommended to the government that it should make strict rules for cryptocurrencies and ban them. Finance Minister Nirmala Sitharaman has given this information in Parliament. He said the government believes that any effective regulation or ban requires global cooperation. The Finance Minister, in a written reply to a …
The decline that started after the listing in the shares of Life Insurance Corporation of India (LIC), which has offered the biggest IPO in the country’s history, continues unabated. The company’s shares reached a new all-time low on the first day of the week. It is worth noting that the upper price band of LIC’s …
SBI’s fourth quarter profit jumped 41 per cent to a record Rs 9,114 crore due to a fall in bad loans. A year ago, the bank had made a profit of 6,451 crores. The bank’s profit on a consolidated basis stood at Rs 9,549 crore. Gross NPAs declined from 4.98 per cent to 3.97 per …
After the completion of the bidding process in the country’s largest LIC IPO, the allotment process of shares will start on Thursday. The DIPAM secretary had said on the last day of subscribing to the IPO i.e. May 9 that the share allotment under the IPO would be on May 12 and the listing would be …
LIC IPO Allotment: Check Status Of Allotment Sitting At Home Read More »
Cryptocurrency Prices Today May 7: Bitcoin down, Ethereum biggest loser- Cryptocurrencies traded in the red early today on May 7. The global crypto market-cap is $1.65 trillion, a 0.92 percent decrease over the last day. The total crypto market volume over the last 24 hours is $93.61 billion, which makes a 17.85 percent decrease. The …
Employees and policyholders continued to lead bidding for shares of Life Insurance Corp. on the second day of its initial public offering, India’s biggest. The IPO was subscribed 67% on the first day. The portion reserved for policyholders was fully subscribed in about three hours. The government is looking to raise as much as Rs 21,000 …
Capital markets regulator Sebi has imposed a penalty of Rs 2.5 million on Motilal Oswal Financial Services Ltd for misutilisation of clients’ funds and incorrect reporting of the margin. In addition, it has been charged for funding clients beyond the stipulated time period, failure to keep appropriate evidences of client order placement and discrepancies in CKYC (Central Know Your Customer) process …
he Initial Public Offering (IPO) of the insurance behemoth Life Insurance Corporation (LIC) of India is going to hit primary markets on 4th May 2022 i.e. today. The Government of India (GoI) has fixed LIC IPO price band at ₹902 to ₹949 per equity share announcing ₹60 discount to the policyholders and ₹45 discount to LIC employees applying for …
LIC IPO Today: List out important LIC IPO details Read More »
The government has reduced the size of the IPO of Life Insurance Corporation of India (LIC). Experts say that the main reason for this is to keep the stock market stable and prevent the exodus of foreign investors from the domestic market. Also, the government first wants to know what its actual value should be. …
The IPO of the country’s largest insurance company LIC (Life Insurance Corporation of India) may open on May 4. At the same time, it is likely to be closed on May 9. News agency PTI gave this information on Monday quoting sources. Through this IPO, the government will sell its 3.5 percent stake in LIC. …
LIC Tax Saving Plan: Life Insurance Corporation of India (LIC) has launched a new savings insurance policy named Dhan Rekha with effect from 13th December 2021. According to a press release issued by LIC on 13th December, it is an individual savings life insurance plan. It has some special features. There are special premium rates …
LIC Tax Saving Plan: Investing in these plans of LIC will save tax, know details Read More »
Mutual Fund SIP Investment Tips: If you are starting investment then mutual fund is the best. Mutual funds also have different investment options. One of these is the Dividend Yield Fund. Mutual Fund Dividend Yield Plans are good for investors who have good knowledge of the economy and markets. Mutual Fund Dividend Yield Plans are …
Investment Tips: Rs 10,000 invested in 3 years 5 lakhs, know what is the plan Read More »
Finance Minister Nirmala Sitharaman met IMF Chief Kristalina Georgieva on Tuesday. During this, the impact of the war between Russia and Ukraine on the global economy was also discussed. In the meeting, the IMF Chief praised India’s strategy to accelerate the economy. He mentioned how the Indian economy has grown well even with limited resources …
During an event in the US on Monday, Finance Minister Nirmala Sitharaman once expressed the concern of the Indian government regarding cryptocurrencies. He said that amidst the expansion of fintech, there is a big danger that cryptocurrencies can be used for money laundering and terrorism funding. In a seminar at the International Monetary Fund (IMF) …
Shares of India’s #Infosys plunged 9% Monday to an eight-month low after the company last week posted a less-than-expected quarterly profit of 56.86 billion rupees ($744.05 million) for the quarter ended March 31. On this news, many Twitter account-holders are sharing memes by tweeting. One of Twitter user mentioned by posting a meme that: People …
People Are Sharing Memes As Infosys’s Shares Down Read More »
Share Market Dip: The domestic stock market also saw a fall on Monday morning due to weak signals from Asian markets. The Sensex, which started trading with a red mark, went down by more than 1000 points in a few minutes. On the other hand, Nifty went below the level of 17200. During this period, …
Share Market: Huge fall in the stock of Infosys, Rs 48 thousand crore worth of investors Read More »