ITC share price saw a volatile day of trade on Wednesday as a result of the tax hike in cigarettes, announced in Budget 2023. The ITC scrip saw a 6.6% fall intraday before soaring to touch a fresh 52-week high at Rs 365.65 on the BSE, up 3.7%. The tobacco giant continued to extend its […]
Allowing private equity players to become sponsors of mutual funds may help democratise the industry further and bring in more players, spurring innovation and growth. On Friday, Sebi floated a consultation paper on review of regulatory framework for sponsors of mutual funds. The working group that has drafted the paper noted that PEs with significant […]
Nearly 476,530 residential units were sold across seven major cities in 2023, highest in the last 10 years, a new report released on Thursday showed. 2023 saw a 31% growth over 2022, which had seen total sales of 364,870 units across the top seven cities, according to the report by Anarock Property Consultants. The decade’s […]