In NEW DELHI: It is important to ensure you have maximised the tax benefits available to you as the fiscal year comes to a conclusion. Several actions can help lower your taxes in addition to using the Section 80C deductions. Here are some wise tax decisions you should make in the coming days.Create an account…
BENGALURU: After a Bloomberg story that the Indian tycoon was considering selling less than 5% of the business, Vedanta Ltd, which is owned by billionaire Anil Agarwal, claimed on Thursday that any talk of a stake sale in the big mining company was “untrue and false.”After the report, Vedanta’s stock price dropped as much as…
India will use an offer for sale to sell up to a 3.5% stake in its aerospace and defence company, Hindustan Aeronautics (HAL) (OFS). The sale will start on March 23 and go through March 24. The 3.5% stake sale was made up of a base offer of 1.75% and an option of 1.75%. Through…
After reaching a record high of $629.55 per share on the NSE in December 2022, the share price of State Bank of India (SBI) has been in base-building mode ever since. The current price of SBI shares is around $525 per share, which is around 17% below its all-time high. According to Motilal Oswal, the…
Demerger of Shipping Corporation of India: Early morning trading today saw a rise in the price of SCI shares. Today’s opening bell saw the share price of Shipping Corporation of India climb, and within a short period of time after the stock market began, it reached an intraday high of 139.35 rupees per share on…
The share price of Reliance Industries Ltd., or RIL, continued to rise on Wednesday. Today’s Reliance share price started out positively and eventually reached an intraday high of $2,291.45 per share on the NSE. Given that Reliance has been a large-cap stock and Sensex heavyweight since the start of 2023, the company’s share price’s Tuesday…
ZURICH: Switzerland’s political elite were covertly planning a move that would shock the world days before a hastily called press conference late on Sunday that would make headlines around the world.Behind closed doors, a scramble to save the country’s second-largest bank was underway even though Credit Suisse was publicly deemed sound by the central bank…
BENGALURU: In response to a slew of temporary relief provided by moves to stabilise the global banking sector, financials stocks rose, and Indian markets ended the day higher.The S&P BSE Sensex increased 0.77% to 58,074.68 while the Nifty 50 index closed 0.70% higher at 17,107.50, marking their largest single-day advances since the failure of Silicon…
SBI Mutual Fund, ICICI Prudential, and the French foreign institutional investor (FII) Societe Generale—ODI have all purchased stakes in PVR through BSE bulk sales. According to data from BSE bulk trades, PVR shares were purchased by SBI Mutual Fund for over 229 crore, ICICI Prudential Mutual Fund for 100 crore, and France FPI for a…
According to BofA Global Research, India’s blue-chip Nifty 50 index would remain flat this year, which would be its worst performance in seven years, and underperform other emerging markets and debt. BofA reduced its Nifty 50 year-end goal by 8.3% to 18,000 points because it anticipated that the index will be volatile and fluctuate throughout…
