RBI Bans JM Financial For IPO Financing, Loan Against Shares with immediate effects – JM Financial has been barred from giving out loans against IPO of shares and against subscription to bonds, but it can continue to service existing loan
The Income Tax Department of India stated that there is currently no proposal before the government regarding the capital gains tax. “It is clarified that there is no such proposal before the Government on capital gains tax,” Income Tax Department
AU Small Finance Bank (AU SFB) has integrated with the Bharat Bill Payment System (BBPS) to launch bill payment services through video banking. The primary aim of this initiative is to promote digital accessibility and enhance economic capability, leading to
Public sector lender Bank of India to raise Rs 4,500 Cr via equity issue in Q1FY24 to support the growing business growth. The bank’s board of directors has given it the go-ahead to raise up to Rs 6,500 crore in
SBI to raise $2 billion from overseas markets in FY2023-24 : The Executive Committee of State Bank of India’s Central Board has approved long term fund raising of up to $2 billion in US dollar or any other convertible currency
Latest updates on US FED Monetary Policy and probable impact on the Stock market. FED PROJECTIONS SHOW THERE WILL BE ONE MORE 25 BASIS POINT HIKE THIS YEAR AND 75 BASIS POINT CUTS IN 2024. U.S. FED INTREST RATE DECISION
Step by step process to apply for Suzlon Energy Rights issue through Online ASBA facilities of the banks. Eligible Shareholders may pay the amount of Rights issue through their linked bank account or 3 in 1 Trading account. As per
Adani Green Starts Renewable Energy Project in Sri Lanka with provisional approval from the Sri Lanka Sustainable Energy Authority. The necessary land acquisition has been started. The Adani Group was issued approval to start wind power projects in Pooneryn, in
Adani fiasco and ultimate beneficiary was US short seller Hindenburg, who lost the most the retail investors. Hindenburg report triggered $100 billion rout in the share price of Adani Group with a week. The report was publicized without any clarification
Learn easy steps to read the volume of a stock and movement of the stock market – A good way of investing in the share market by the beginners especially for the day trading is through Volume analysis. The share
Adani Prepays Loan worth Rs 9184 Crore – Adani group chairman and billionaire Gautam Adani has prepaid Rs 9184 Crore or $1.11 billion in loans against the pledged shares. These loans are prepaid ahead of maturity of September 2024 in a
BBMP Cancelled Occupancy Certificate of around 2000 flats of Sobha Developers – The Bruhat Bengaluru Mahanagara Palike (BBMP) has cancelled the Occupancy Certificate (OC) of around 2,000 flats at Sobha City, an apartment complex by one of the popular builder