To all those who have missed to file ITRs, the Income Tax Department of India has notified the final date to file belated and revised income tax returns (ITRs) for Fiscal Year (FY) 2022-23, Assessment Year (AY) 2023-24 under section Section 139(4) for belated returns and revised return can be filed under Section 139(5) of […]
Hotel and hospitality chain Oyo has undergone a management rejig as it prepares to re-file its draft red herring prospectus (DRHP) with the capital markets regulator for its IPO, people aware of the developments told FE. Most of those who have been with the company for over six years, like Abhinav Sinha, who is currently […]
Indian benchmark indices are likely to open on a lower note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the red, down 30 points, at the 17,489 level. However, in the last session, Nifty and Sensex broke out of their rout, snapping an eight-day losing streak. Broad market indices rose more than […]
Himachal Pradesh witnessed massive traffic congestion as several tourists thronged the hill stations in the state for Christmas and New Year celebrations. Amid the rush, a tourist found an offbeat way to skip the traffic woes – ditching roads for a drive across a river. #WATCH | Himachal Pradesh: Challan issued after a video of […]
The initial public offer of Sula Vineyards got subscribed 2.33 times on the last day of offer on Wednesday. The Rs 960.35-crore initial share-sale received bids for 4,38,36,912 shares against 1,88,30,372 shares on offer, according to NSE data. The IPO of up to 2,69,00,530 equity shares had a price range of Rs 340-357 a share. […]
Europe is mulling a shift to a shorter T+1 settlement trade cycle for its markets from the current T+2, according to people in the know. ‘T’ stands for trade day. The Association for Financial Markets in Europe (AFME) — an industry advocacy organisation that represents wholesale market participants in Europe, including the European Union and […]
After falling for eight consecutive sessions, domestic indices reversed the downtrend and ended the first session of March broadly in the green territory. The Nifty 50 settled above the crucial 17450 level and BSE Sensex closed above 59400. The top gainers on the Nifty 50 were Adani Enterprises (up 15.78%), Hindalco (up 3.68%), UPL (up […]
Domestic equity indices were trading flat in the mid-day session on Wednesday with NSE Nifty falling 16.75 pts or 0.09% to 17,897.40 and BSE Sensex slipping 8.49 pts or 0.01% to 60,106.99. The most active equities of Nifty are Bharti Airtel, ICICI Bank, Reliance Industries, HDFC Bank and Tata Motors. Nifty 50 Gainers and Losers […]
Foreign institutional investors (FII) sold shares worth a net Rs 628.07 crore while domestic institutional investors (DII) purchased shares worth a net Rs 350.57 crore on Tuesday, January 3, 2023, according to the data available on NSE. For the month till January 3, FII sold shares worth a net Rs 840.64 crore while DII bought […]
Benchmark indices Nifty and Sensex pared early losses today and managed to settle marginally in the green for the ninth session in a row. NSE Nifty 50 rose 15 points or 0.08% to settle at 17827; BSE Sensex gained 38.23 points or 0.06% to 60,431. In sectoral indices, NSE Nifty Bank surpassed the crucial 42100 […]