If you are planning to lock your savings in a fixed deposit (FD), it is reasonable to check the interest rates offered by different banks. Although most depositors prefer to open a term deposit account with a bank with which they share a long-term banking relationship, one can consider opting for a new bank so … Read more
Multibagger Stock: Shares of Gillette India have been on a steady upward trajectory in recent sessions following the company’s impressive financial results for the quarter ending September. Since the announcement of its Q2 results on October 28, the stock has experienced a remarkable run, finishing the subsequent seven trading sessions, including today’s, in positive territory. … Read more
There are currently more than 180 sectoral or thematic mutual funds in India, up three times in ten years. Their contribution in this financial year to total net equity inflows has touched nearly 50%, up from about 16% in FY 2022. These numbers reflect the rising investor interest in sectoral themes, with mutual funds catering … Read more
Stock Market Today: SBICAP Trustee Company Limited has raised stake in Vishal Fabrics, the Small-cap stock below ₹10. As per the release by SBICAP Trustee Company Limited, the holding of SBICAP before the acquisition under consideration stood at 12,260,847 shares of Vishal Fabrics which was equivalent to 6.20% stake of SBICAP in Vishal Fabrics. However … Read more
Are you a frequent traveller and want to save on budget? Then, travel credit cards are a great choice you can consider. Travel credit cards provide you with special discounts and reward programs to choose from so that you can make the most of your travel without compromising on luxury. In this article we are … Read more
(Bloomberg) — Groupe Dynamite Inc., a Canadian retailer of women’s clothing, has hired banks for an initial public offering that’s likely to be marketed in the coming weeks, according to people familiar with the matter. The company is working with major Canadian financial institutions and a US bank on the offering, the people said. If … Read more
Ranked as the second most expensive country in the cost-of-living index, Iceland offers beauty at a premium. But with some strategic planning and clever spending, the Pune-based couple managed to turn their bucket-list trip into a reality without overshooting their budget. The couple travelled in the shoulder season, booked only Airbnbs so that they could … Read more
Sagility India, the healthcare service provider firm, on Monday, said that it has raised around ₹945.4 crore from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company’s exchange filing. As per the exchange filing, the company has allocated 31,51,34,668 or 31.51 crore equity shares to its … Read more
I have been a non-resident Indian (NRI) for many years and have invested in Indian stocks using income earned abroad, deposited in my NRE account. In FY25, I sold some shares and made capital gains, but my AD (authorized dealer) banker deducted TDS on the gains. I thought income from NRE accounts was exempt from … Read more
ACME Solar Holdings IPO: The ACME Solar IPO opens for subscription on Wednesday, 6 November. The declining Grey Market premium indicates towards weakening investor interest towards the Public issue. ACME Solar Holdings IPO: GMP or Grey Market premium for ACME Solar IPO sthat stood at ₹30 on Frriday however has declined to Nil on Monday. … Read more