Tata Sons IPO: Tata Sons must prepare for a public listing by September 2025 in order to maintain its ‘upper-layer’ NBFC (Non-Banking Financial Company) classification. ‘Upper-layer’ NBCs must list within three years of being informed, per RBI regulations. Tata Sons is one of 15 financial institutions included in the category of “upper-layer” NBFCs that the…
Adani Green’s projects: People familiar with the situation said that TotalEnergies SE is in discussions to invest in renewable energy projects created by Adani Green Energy Ltd. This could be the first public transaction between the French oil giant and Gautam Adani since a short-seller accused the Indian billionaire’s business empire of fraud. According to…
Wall Street Week Ahead: “In the past, it has frequently been advantageous for investors to buy American stocks after the Federal Reserve ends its cycle of rate hikes. This time, though, things look different since the economic outlook is uncertain and prices seem inflated. Despite raising borrowing costs by 525 basis points since March 2022,…
The Indian stock market will launch the Investor Risk Reduction Access (IRRA) portal for trading members in an effort to combat technical difficulties or interruptions. According to the SEBI circular, trading members will have access to IRRA across exchanges starting on October 3rd, 2023. The TMs enabling Internet-based trading (IBT) and security trading via wireless…
Mutual Funds – The benchmark Nifty is trading above the 20,000 mark, and the Indian stock market indices are at all-time highs. Strong local macroeconomic data and encouraging international cues have combined to propel the advance in domestic equities markets. Although the Nifty50 index has gained more than 11% so far in 2023, the midcap…
The top Stocks to watch that could be the focus of today’s trade are listed below: Stocks to watch – Reliance Industries: In relation to a gas issue in the Krishna Godavari Basin, the Centre on Thursday filed a petition contesting a Delhi high court ruling in favor of Reliance Industries Ltd (RIL). A lawyer…
Today’s stock market: Even if the mid-cap and small-cap indices have been under pressure, large-cap IT companies have been on the rise recently. Today’s TCS share price opened in the green, and the IT stock continued to rise, reaching a new 52-week high of 3,597.70 on the NSE. Similar to how Wipro’s share price opened…
Gold, one of the most precious and expensive metals, is very important in India and is also one of the best investment opportunities at the moment. Not only in the form of jewelry. However, gold is also appreciated in the forms of art and coins. Despite the steady rise in gold prices, Indians continue to…
The Nifty has gained roughly 15-16 percent in the last two years, which is not a lot for the index, he remarked in an interview with CNBCTV18. – Atul Suri According to Atul Suri of Marathon Trends, the Indian stock market is not in bubble territory, and the NSE Nifty 50 has the ability to…
Many cases are anticipated to involve deductions claimed after submitting investment disclosures to employers after the deadline. Salaried taxpayers who claimed appropriate deductions on their tax filings should not be alarmed, according to chartered accountants. – I-T Department Several high-net-worth people (HNIs) and salaried tax-payers, among others, are agitated after receiving income-tax (I-T) notices recently….
