Flipkart and a retailer have been ordered to pay Rs 25,000 for causing mental agony and physical harassment to a consumer who was delivered a bar of detergent soap instead of an iPhone. In order to complain about receiving a little keypad phone and a “Nirma” soap instead of the Apple iPhone he had ordered […]
In order to counteract the impact of rising production costs brought on by the impending implementation of tighter pollution standards starting next month, Honda Motors India plans to boost pricing of its entry-level compact sedan Amaze by up to Rs 12,000 per unit. The price increase will differ based on the model’s various trims. According
Honda to increase prices to offset high input cost due to new emission norms Read More »
The US Securities and Exchange Commission warned investors in a Thursday investor advisory that companies selling securities backed by cryptoassets could not be abiding by US legal requirements. The SEC warned that unregistered offerings of these securities might not include critical information, such as audited financial statements, needed for wise decision-making. The crypto industry is
US SEC warns of risks of buying crypto asset securities Read More »
Despite systematic investment plans (SIPs) receiving more than 13,000 crore for the sixth straight month in February, cash market turnover decreased by 20% in FY23. While this was happening, the notional value of derivatives more than doubled as a result of regulatory limits and prolonged volatility, which likely resulted in lower delivery volumes. In FY23
In FY23, cash market volumes fell by 20%. Read More »
financier for gold loans The increased emphasis on diversification by Manappuram Finance Ltd. appears to be connecting with its investors. The company’s management stated at a recent analyst meeting that the company’s focus is still on being a diversified NBFC with a 50% asset under management (AUM) contribution from its non-gold lending division. Systematix Shares
Manappuram Finance rides high on diversification strategy Read More »
After a choppy day of trading on Thursday, US stocks ended higher as US Treasury Secretary Janet Yellen gave investors assurances that efforts will be done to safeguard bank accounts. At 3,948.09, the S&P 500 increased by 0.28%. At 32,096.19, the Dow Jones Industrial Average rose 0.21%. At 11,786.81, the Nasdaq Composite increased by 1.00%.
After Janet Yellen’s assurances regarding bank deposits, US stocks end higher Read More »
