If a foreign company offers stock options to employees of an Indian company, the domestic firm must report any future transactions involving these shares to the RBI, despite not being directly involved. The connection is that those receiving these employee stock ownership plans (Esops) and restricted stock units (RSUs) are residents working for the Indian … Read more
Stock market today: PNB Housing Finance share price witnessed heavy selling in the early morning session. PNB Housing Finance share price today opened downside at ₹744 apiece on NSE and touched an intraday low of ₹724 per share, recording an intraday loss of nearly 8 percent in the morning session. However, the housing finance share … Read more
In real life, too, it’s not uncommon to uncover issues related to properties after you’ve seemingly made a rightful purchase. Sometimes a property is sold twice, to different parties, or the title deed is not clear, or relatives might come into the picture. In fact, National Crime Records Bureau data shows that more than 7,000 … Read more
Buy or sell stocks for today: Following weak global cues, the Indian stock market ended lower for the third straight session. The Nifty 50 index went down 44 points and closed at 22,888, whereas the BSE Sensex shed 220 points and closed at 75,170. The Bank Nifty index lost 139 points and finished at 49,142. … Read more
Losing money to an online scam or fraud is not uncommon anymore. But what has become common sadly is the loss of fortune to the tune of crores to hapless senior citizens. Not too long after two senior citizens collectively lost around ₹3 crore in two separate but similar frauds in Ahmedabad, a new case … Read more
Crude oil prices rose by more than $1 per barrel on Tuesday, May 28, on the expectations that the Organization of the Petroleum Exporting Countries and allies (OPEC+) will maintain the current crude supply curbs, while a weaker US dollar made the commodity more attractive to holders of other currencies. The July contract for global … Read more
Have you ever wondered what is the key to long term wealth creation? Is this picking the right stocks only? Or is it something to do with investing into diversified mutual funds which minimise the risk? Well, it is certainly an interplay of several factors but what really can be a gamechanger is ‘compounding’. Compounding … Read more
The idea of machines outsmarting humans has long been the subject of science fiction. Rapid improvements in artificial-intelligence (AI) programs over the past decade have led some experts to conclude that science fiction could soon become fact. On March 19th Jensen Huang, the chief executive of Nvidia, the world’s biggest manufacturer of computer chips and … Read more
Domestic brokerage house SMIFS believes Yatharth Hospital and Trauma Care Services is poised for growth with rising occupancy and gains in average Revenue Per Occupied Bed (ARPOB). It has retained its ‘buy’ call on the stock with a target price of ₹650, implying an upside of 60 percent from its current market price of 406.75, … Read more
Here is the review of Niva Bupa Personal Accident Policy and their distinct features which cater to the needs of common people. 1. Age Limit, Coverage and Policy Options – The minimum age to enter for individuals aged 18 years to 65 years. Whereas, the children aged between 5 and 21 years are covered under … Read more