The last few days are left to file your Income Tax Return (ITR) for income earned during the previous year 2022-23 (between 01-04-2022 and 31-03-2023). Taxpayers are advised to carefully file forms 1 and 4 keeping in view the changes introduced for the year. As per the Central Board of Direct Taxes, taxpayers are required […]
Morgan Stanley Capital International (MSCI) has postponed implementing the weighting changes for Adani Total Gas and Adani Transmission stocks in its indices. Due to potential replicability issues, MSCI has decided to defer the date of the reduction in weightage for Adani scrips till at least the review pending in May. The statement said, “In light […]
IDFC First Bank (IDFCFB) is focusing on growing its loan book through retail and commercial loans, which form 77% of funded assets and saw a 31% CAGR over Dec’20-Dec’22. Since the drag from the wholesale book is moderating, we expect the bank to embark on a strong growth trajectory. We estimate a 25% CAGR in […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Saturday, 18 March 2023, keeping costs steady for about nine months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
The Securities and Exchange Board of India (Sebi) is nudging investment bankers to exclude names of legal counsel who are not directly advising a company in an initial public offering (IPO) from its offer documents. The regulator recently communicated this to bankers through observation letters and informal advisories, said three people familiar with the matter. […]
Landmark Cars IPO was subscribed 3.06 times on the final day. The issue garnered bids for 2.46 crore shares against the IPO size of 80.41 lakh shares. Retail investors bought 59% shares of the allotted quota, while employees bid 2.93 times the portion set aside for them. The company reserved Rs 1 crore worth of […]
BSE Sensex is likely to hit a new all-time high of 65000 by December 2022, Sunil Damania, Chief Investment Officer, MarketsMojo, said. In an exclusive interview with Surbhi Jain of FinancialExpress.com, Sunil Damania said that despite global uncertainty, high crude oil prices, and rising interest rates, India Inc. delivered both on-year and sequential growth in […]
Indian equity markets are likely to stay volatile over the next couple of months due to central banks’ measures to tighten financial conditions, reign in inflation, and likelihood of Chinese Central announcing stimulus measures. Nifty will continue to be volatile but range-bound in a broad range of 15300 to 16800 in the next three months, […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices concluded Wednesday’s volatile session in the green territory. The NSE Nifty 50 rose 42.95 pts or 0.24% to 17,754.40 and BSE Sensex climbed 123.63 pts or 0.21% to 60,348.09. Bank Nifty rose 226.70 pts or 0.55 to 41,577.10. The top gainers on Nifty […]
DS Foods, a confectionery division of Dharampal Satyapal Group (DS Group), launches a Computer-Generated Imagery (CGI) video this Christmas for Pulse. In today’s digital era, CGI has become a pivotal tool for capturing online consumers’ attention, offering a powerful means of conveying brand messages in creative and visually compelling ways, ultimately enhancing consumer engagement. Recognising […]