India seems to have moved from the Coldplay ticket row to the pre-IPO investment gamble—Swiggy’s shares are being sold and re-sold for higher prices in the grey market. Investors have spent the last three years twiddling their thumbs, waiting for the younger half of India’s food-delivery duopoly to finally go public. And with Zomato’s stock,…
A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Equity benchmark indices tumbled nearly 1.5 per cent on Monday (September 30, 2024) due to heavy selling in frontline stocks Reliance Industries, ICICI Bank and HDFC Bank amid rising geopolitical risks in the Middle East and weakness in Japanese markets. Besides,…
Image used for representative purpose only. | Photo Credit: Reuters The growth in production of eight key infrastructure sectors contracted 1.8% in August this year due to a decline in the output of coal, crude oil, natural gas, refinery products, cement and electricity, according to official data released on Monday (September 30, 2024). Fertilisers and…
Zen Technologies Limited announced today the grant of an Indian patent for its Infantry Virtual Training Simulation System (IVTSS). The patent, valid until December 2042, marks the company’s 19th patent in 2024 and 9th in the current financial year. The shares of Zen Technologies were trading at ₹1,716 up by ₹6.80 or 0.40 per cent…
Are you dreaming of visiting your favourite country but finding yourself short on funds? Or perhaps you’re eyeing a luxury gift or need quick cash for miscellaneous expenses? A personal loan might be the solution you’re looking for! While personal loans are a popular choice for many, it’s crucial to understand whether this option is…
Image used for representative purpose only. File | Photo Credit: REUTERS Rupee depreciated 11 paise to settle at 83.80 (provisional) against the U.S. dollar on Monday (September 30, 2024) taking cues from equity markets that saw a steep fall of over 1% amid volatile crude oil prices and outflow of foreign funds. However, a weak greenback…
The Indian stock market witnessed a sharp sell-off on Monday, with the BSE Sensex plummeting 1,272.07 points or 1.49 per cent to close at 84,299.78, while the Nifty 50 tumbled 368.10 points or 1.41 per cent to 25,810.85. The decline marked the worst day for both indices in nearly two months, driven by escalating geopolitical…
Is owning a home your dream? Are you tired of living in a rented apartment? A home loan can be an excellent option for building your own house. Here, we’ll outline the steps involved in obtaining a home loan from a bank. 1. Fill out the loan application form and gather required documents The first…
Income Tax Department extends audit report filing deadline to October 7, 2024 due to technical difficulties faced by taxpayers. File | Photo Credit: S. Siva Saravanan The Income Tax (I-T) Department has extended the date for filing audit report for 2023-24 by seven days till October 7. In a circular, the I-T Department said considering…
Tilaknagar Industries Limited (TI), an Indian-Made Foreign Liquor manufacturer, has unveiled Mansion House Gold Barrel Whisky today. The premium whisky, a blend of Select Scotch Malts and Indian Grain Spirits, has been initially launched in Assam, with plans to expand to other key markets across India. The shares of Tilaknagar Industries Limited (TI) were trading…
