The government has approved the transfer of licence relating to non-news and current affairs TV channels held by the media entities of billionaire Mukesh Ambani-led Reliance Industries to Star India. According to regulatory filings by Reliance Industries and TV18 Broadcast, the Ministry of Information and Broadcasting granted the approval in an order dated September 27….
The desire for early retirement is gaining popularity as more individuals aim to escape the traditional work timeline and achieve financial independence before the usual retirement age of 60. The National Pension System (NPS) is an excellent option for those seeking early retirement, offering a balanced combination of wealth creation, tax benefits, and a dependable…
Adani Airport Holdings plans to raise 1,950 crore (about $18 million) through a sale of bonds maturing in three years and 11 months, three bankers said on Monday. The company has invited bids from bankers and investors later in the day, they said. The coupon will be stepped up by 25 basis points for every…
HDFC Bank is set to revise its loyalty program for select credit cards, with changes taking effect on October 1, 2024. A key update involves limiting the redemption of reward points for Apple products to one item per calendar quarter through the Smartbuy platform. Specifically, HDFC Bank will allow customers to redeem points for only…
The board of Securities and Exchange Board of India (SEBI) on Monday gave its nod to a new asset class and a liberalised framework for passive mutual fund schemes, while deferring changes to F&O norms and putting off the move towards instant settlement indefinitely. The new asset class, to be called Investment Strategies, will be…
Sensex, Nifty, Share Prices LIVE: The outlook for APL Apollo Tubes is bullish. The stock has begun the week on a strong note by rising over 3 per cent. This rise has taken the share price well above ₹1,520 – a key resistance. The region between ₹1,520 and ₹1,500 will now act as a strong…
MDC Stocks, NMDC Shares, NMDC Share Price Updates September 30, 2024: NMDC shares ended 4% higher on Monday. The stock soared along with the Nifty Metal index. However, Sensex and Nifty plummeted by 1200 and 360 pts, respectively. Stock market live today: Metal stocks shine NMDC shares ended 4% higher on Monday. The stock soared…
SEBI will consider rules to limit a surge in derivatives trading, people familiar with the matter said, after growing retail participation took the speculative bets to the highest in the world. The Securities and Exchange Board of India will discuss the measures proposed earlier in July — including limiting the number of options with…
Indian stock markets opened on a mixed note Monday, with the Sensex starting at 85,208.76, down from its previous close of 85,571.85, while the Nifty opened at 26,061.30, lower than Friday’s close of 26,178.95. The markets are navigating a complex landscape of global economic signals and domestic factors. Prashanth Tapse, Senior VP (Research) at Mehta…
The SEBI board has taken steps to enable faster rights Issue along with the flexibility of allotment to specific investors. Rights issues will need to be completed in 23 working days from the date of issuer’s board meeting approving the issue, as against present average timelines of 317 days. The issuer will no longer be…
