On Friday, the US-based private equity firm TPG sold a 7.6% stake in the athletic and sports apparel manufacturer Campus Activewear for an open market price of Rs. 806 crore. TPG sold the interests in Campus Activewear via its affiliate, TPG Growth III SF Pte. TPG Growth III SF Pte sold 2,32,07,692 shares, amounting to […]
TPG Global exists Campus Activewear via block deal Read More »
The Finance Bill 2023 was approved by the Lok Sabha on Friday with 64 official amendments, two of which call for the creation of the GST Appellate Tribunal and the elimination of long-term tax incentives for specific categories of debt mutual funds. Without discussion, the Finance Bill, which implements tax measures for the fiscal year
Lok Sabha Passes Finance Bill With 64 Official Amendments Read More »
On Friday, Nirmala Sitharaman, the minister of finance, suggested forming a committee to investigate the problems with pensions for public employees and develop a strategy to meet their needs while exercising budgetary restraint. The minister further stated that the RBI will look into the concerns connected to credit card payments for international visits not being
FM Proposes Panel To Look Into Issues Related To Govt Employees’ Pension Read More »
In the past year, investors have received gains of 73% and 24% from Eicher Motors and TVS Motor Company, respectively, while shares of Hero MotoCorp have fallen 3%. Have these auto stocks been added to your portfolio? Look at the assessments made on Eicher Motors, TVS Motor, and Hero MotoCorp by brokerages: Shares of Eicher
The government-run Life Insurance Corporation of India (LIC) is seeking to set limitations on its debt and equity exposure to businesses in an effort to decrease risk concentration in response to criticism of its investments in Adani group companies, according to sources. After the Adani group’s worth fell by over $100 billion as a result
LIC Plans To Cap Investment Exposure Following Adani Share Rout: Report Read More »
The government increased the securities transaction tax (STT) on futures and options contracts, along with other revisions in the Finance Bill 2023, causing the Indian shares to extend losses for the third week in a row amid volatility and widespread selling. The Nifty 50 index fell 131.90 points, or 0.77 percent, to settle at 16,945.05,
Sensex, Nifty fall nearly 1% each on STT hike, other concerns Read More »
Credit card debt has already reached a record high, and more people are carrying debt from month to month as the Federal Reserve raises interest rates once more. Increased interest rates by the Fed are intended to combat inflation, but they have also resulted in increased annual percentage rates (APRs), which means those who have
Credit Card Debt Is At Record High As Fed Raises Rates Again Read More »
As part of its semi-annual review, which will be unveiled on May 11, 2023, global index services provider MSCI (Morgan Stanley Capital International) may include two possible India equities in its Standard Index. According to brokerage Emkay, both Ashok Leyland and Hindustan Aeronautics meet the size and liquidity requirements through 23 March 2023, and it
MSCI review: HAL, Ashok Leyland to be added to India Standard Index; shares rise Read More »
The benchmark federal funds rate was once again increased by the US Federal Reserve by 25 basis points, as was widely expected. The Fed also said that the rate increases may be coming to an end and that there may only be one more increase of 25 basis points maximum. The Dow Jones Industrial Average
US Fed Raises Interest Rates Once Again, Dow Drops 500 Points, and Asia Opens Down Read More »
Today has been established as the record date for the Ajanta Pharma share buyback. Major points in 5 points Ajanta Pharma stock is in the spotlight today due to the pharmaceutical business setting a record date for the buyback of shares on March 24, 2023.Shares of Ajanta Pharma will be repurchased at a price of
Ajanta Pharma share buy back record date set for today, Key details in 5 points Read More »
