A total of 12,873 shares changed hands on the counter till 02:00PM (IST)
Bansal Wire Industries plans to raise Rs 745 crore through an IPO to reduce debt and meet working capital needs. The company doubled its installed capacity with a Rs 500 crore investment, expecting full benefits this fiscal year. Additionally, the IPO will reduce long-term debt by two-thirds, leading to lower interest expenses. Bansal Wire Industries' EBITDA margin expanded to 6% in FY24, with RoE and RoCE above industry averages.
ITR processing: How long does it take for Income Tax Department to process ITR
Rishi Shah, co-founder of Outcome Health, has been sentenced to seven and a half years in prison for orchestrating a $1 billion fraud scheme involving his healthcare advertising startup. The case has impacted major investors and drawn attention to corporate accountability.
Pani Puri (Google Trends): Pani Puri and Shawarma in Karnataka have been found unsafe by the Karnataka FSSA. Among 260 Pani Puri samples, 22% contained harmful chemicals like brilliant blue, sunset yellow, and tartrazine. Additionally, 8 out of 17 Shawarma samples were unhygienic, containing bacteria and yeast. The FSSA has taken action against the implicated establishments to ensure public health safety.
Few months back when the nifty was forming a new high there was an event risk in terms of election results and valuations were high. Now once again nifty and other indices are forming new highs. While the event risk is over the valuation risk is still present. One should not be afraid of admitting the fact, as the indices move upward, the desire to participate is going to increase as the fear of missing out (FOMO) is bound to play out. So while being bullish, be more cautious and be more agile when it comes to taking decisions. Читать дальше...
A total of 39,369 shares changed hands on the counter till time (IST).
Budget 2024 expectations: The present provisions of determining capital gains tax are complex and varied. The government has hinted at simplifying it, and the upcoming budget could be the perfect opportunity to make those changes. Here's how Budget 2024 can simplify capital gains tax for investors.
A salt water bath refers to a bath where salt, typically sea salt or Epsom salt, is added to warm bathwater. Here are its benefits
Kotak Mahindra International Limited (KMIL) clarified on Tuesday that Hindenburg has never been a client or investor of the firm. The company made the statement to address any confusion regarding their relationship with Hindenburg.
On the technical charts, the RSI of the stock stood at 60.2.
Solar Industries stock skyrockets to a new high, surpassing 1 lakh crore market cap. Strong performance, explosive innovations, and market resilience drive the surge despite external market challenges.
A total of 4,525 shares changed hands on the counter till 01:44PM (IST)
The suit against Gandhi alleges that the Congress leader made objectionable remarks against Union Home Minister Amit Shah, which was filed in 2018, by BJP leader Vijay Mishra. Originally, the Lok Sabha Leader of Opposition was supposed to appear before the Sultanpur court today but could not do so due to the ongoing Parliament session.
Australia's Lowy Institute think tank estimated China had spent upwards of $21 million on construction, a significant sum for an aid project in the developing nation of less than 300,000 people. China's embassy said the project had gifted Vanuatu "another landmark building", while symbolising a new "milestone" in their increasingly warm relationship.
Last month, the United States released draft regulations to prohibit or mandate notification of specific investments in artificial intelligence and other technology sectors in China that might pose a threat to US national security. "We strongly oppose these sanctions," said Chinese UN Ambassador Fu Cong.
The stock quoted a 52-week high price of Rs 666.85 and a 52-week low of Rs 486.75.
The Allahabad High Court recently expressed serious concerns regarding religious conversion gatherings, highlighting the potential demographic implications if unlawful conversions persist in India.
The Allahabad High Court, while rejecting the bail plea of Kailash accused of religious conversion, emphasized that religious congregations leading to conversions should be immediately halted to prevent the country's majority population from becoming a minority. Justice Rohit Rajan Agarwal clarified that 'propagation' does not include converting individuals from their religion. The court noted serious allegations against Kailash for organizing gatherings in Delhi where people, including an informant's brother... Читать дальше...
Promoters held 38.12 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 24.47 per cent and 15.92 per cent, respectively.
India won the T20 World Cup against South Africa in a thrilling final in Barbados on June 29. Captain Rohit Sharma's emotional celebration included picking up and eating soil from the pitch. He emphasized the significance of the pitch in their victory. Rohit also announced his retirement from T20Is, following Virat Kohli's similar decision. The team’s return to India has been delayed due to a hurricane. Rohit expressed surreal emotions and immense relief after the hard-fought victory.
