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Indian food-delivery platform Swiggy Ltd. is considering filing publicly for its domestic initial public offering as soon as this week, people familiar with the matter said, adding to a strong pipeline of share sales in the country. Swiggy’s IPO may seek to raise more than $1 billion, the people said, asking not to be identified … Read more
My father had a few bank-fixed deposits and passed away in July 2024. He did not write any will. I am the nominee for all the fixed deposits he holds. Since my father had no tax liability, he used to give Form 15H, so no TDS has been deducted in the past. I want to … Read more
Stocks to buy for long term: Despite persisting concerns over sticky inflation, elevated rates, geopolitical tensions and stretched valuations, the Indian stock market benchmark, Nifty 50, has seen an impressive gain of about 17 per cent this year so far. Experts are positive about the Indian market’s medium—to long-term growth prospects due to the durability … Read more
Funding is one of the biggest requirements for most businesses to survive or sustain. Funding can come from equity, debt, or other sources. Many organisations rely on business loans for their various needs. Lenders consider several parameters to decide whether the business is eligible for a loan and what should be the interest rate charged. … Read more
Dividend Stocks: Shares of several major companies, including Kirloskar Industries, Mazagon Dock, National Aluminium Co. Ltd (NALCO), Deccan Cements, Edelweiss Financial Services, Container Corporation of India, and Ambika Cotton Mills, among others, will trade ex-dividend from Tuesday, September 17, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, … Read more
Can banks charge you a joining fee even before your credit card is activated? They cannot as the credit card account will not be created unless the card is activated. With complaints about banks charging a joining fee even before the card is activated, unsolicited cards being issued and the undue delay in closing the … Read more
New-age tech stocks such as Zomato, Nykaa, Mamaearth, FirstCry, Paytm, and CarTrade Tech, among others, saw roller coaster rides in their respective stock prices this week. Some stocks snapped their winning streaks, while others outperformed the frontline benchmarks. New-age internet stocks have lately generated a buzzing interest among D-Street investors due to their attractive valuations … Read more
India’s small savings schemes, long cherished for their high interest rates, are under the scanner. The government has announced a strict crackdown on irregular Public Provident Fund (PPF) and Sukanya Samriddhi Account (SS) accounts, stripping them of their attractive 7.1% and 8.2% interest rates. Instead, such accounts will either earn no interest or a reduced … Read more
Foreign portfolio investors (FPIs) made a remarkable comeback to Indian markets in September, snapping their previous moderation, driven by domestic and global factors. FPIs were consistent buyers in June and July after election-related jitters faded and stability returned to Indian markets. However, FPIs halted their buying streak with the onset of the new fiscal year … Read more
Kareena Kapoor Khan alone carried the film Jaane Jaan (2023) on her capable shoulders despite support from good actors like Vijay Verma and Jaideep Ahlawat. This time she plays a grieving mother/cop who puts away the killer of her son and seeks a transfer to a smaller town. But small towns like Wycombe in England … Read more