Bengaluru-based social investing platform, StockGro, is gearing up for its international expansion with a soft launch in the UAE during the first week of November, partnering with the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). “The exchanges in UAE have been thin on trade volumes. In partnering with ADX and DFM, our
Coming down hard at futures and options (F&O) traders, Ashwani Bhatia, whole time member of the Securities and Exchange Board of India (SEBI), on Tuesday warned investors against chasing quick returns and turning the high-risk (F&O) trading into a ‘national pastime’. “F&O cannot be a national pastime. We need to do serious investing and investors
An exciting week for markets ahead of Diwali week. Waaree Energies and Deepak Builders & Engineers will be closing their IPOs on October 23. Also, investors will assess the quarterly results from Zomato and Bajaj Finance. Meanwhile, Indian markets ended Tuesday’s trading session on a lower note after rising in the early trading hours. The
The midcap and smallcap stocks came under heavy selling pressure on Tuesday as investors continued to take money out of equities due to concerns over faltering domestic earnings growth, and uncertain global macroeconomic scenario with geopolitical risks and China stimulus measures. Apart from this, concerns that the US Federal Reserve may slow its rate cuts
Nearly two years after issuing a notification, the Securities and Exchange Board of India (SEBI) on Tuesday decided to implement amendments to insider trading norms for asset management companies (AMCs), designated persons, trustees or their immediate relatives from November 1. The regulator has asked AMCs to disclose on a quarterly basis details of the holdings
One97 Communication, the parent firm of Paytm, fell as much as 7.7% to an intra-day low of Rs 669.80. The company reported a net profit of Rs 930 crore in the second quarter of FY25 against a loss of Rs 290 crore posted in the same quarter a year ago. However, the company’s revenue from
Go to Live UpdatesHyundai IPO 2024 Live Updates: India’s largest-ever IPO yet, made its D-Street debut on October 18. The stock was listed at a discount of 1.3% on National Stock Exchange while it debuted on BSE at Rs 1,431, a discount of 1.48% to the issue price. Hyundai Motor India was subscribed to a
Go to Live UpdatesUltraTech Cement Share Price Today Live Updates, 22 Oct, 2024: The UltraTech Cement share is in news and the counter closed trade on 21 Oct, 2024 at Rs 10847.25. The shares touched intraday high of Rs 11158.0 in the last trading session while the intraday low was at Rs 10770.35. The company’s
A social media post has again brought the spotlight on how alleged corruption continues in the tax regime and haunts people who want to expand their businesses. The post, shared by Vinod Gupta, revealed his frustration over delays in getting his Goods and Services Tax (GST) registration. He alleged in the post that after failing
US President Donald Trump’s decision to double tariffs on steel and aluminium imports is set to impact India’s metal exports worth $4.56 billion, according to a report by the Global Trade Research Initiative (GTRI). The revised tariffs, which will take effect on June 4, 2025, are expected to make Indian metal products significantly more expensive
The Indian stock market is currently going through a phase of volatility, with the Nifty 50 and BSE Sensex hovering below their record highs. After a good 2023 and 2024, midcaps and smallcaps corrected sharply. This was due to profit-booking, liquidity issues, and high PE multiples, leading investors back to largecaps. Yet, structural growth for
ITR Filing AY2025-26: With almost a two-month delay, the Income Tax Department has made available two Excel-based offline utilities for ITR-1 and ITR-4, which are applicable basically to individual taxpayers with less than Rs 50 lakh annual income. Ideally, taxpayers need an ITR form applicable to them based on their income status and a corresponding
Patanjali Ayurved, the company founded by yoga guru Ramdev, has come under fresh scrutiny from the Ministry of Corporate Affairs (MCA), which has issued a notice seeking an explanation over a series of financial transactions flagged as suspicious by federal economic intelligence agencies. A report by Bloomberg reveals that the government is probing possible fund
