Bajaj Steel Industries Ltd, a company known for delivering strong returns in the stock market over the past year, has announced a bonus share issue. The record date for this bonus issue has also been set, with November 12 confirmed as the cutoff date for eligible investors. Investors will receive 3 bonus shares for every … Read more
The Securities and Exchange Board of India (SEBI) has given its approval for NTPC Green Energy Limited, a subsidiary of NTPC, to launch an Initial Public Offering (IPO). NTPC Green Energy is planning to raise Rs 10,000 crore through this IPO. In September 2024, the company submitted its draft papers to SEBI for review. Details … Read more
Mukesh Ambani’s company, Jio Financial Services, has achieved significant success. Its subsidiary, Jio Payment Solutions Limited (JPSL), has received approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator. Following this announcement, investors quickly bought shares in Jio Financial, causing the stock price to rise by 2 percent to Rs … Read more
There is significant news for homebuyers looking to purchase a house in Noida. The Noida Authority has introduced a new rule to protect homebuyers. Now, builders must register the house after the buyer makes a 10% payment of the total cost. This rule applies to all new residential projects in Noida. Additionally, a tripartite ‘sale … Read more
Paramount Communications, once a penny stock, has generated impressive returns for investors over recent years. On Monday, the company’s shares rose by 5%, reaching an intraday high of ₹70.90. Once trading below ₹10, the stock has now delivered up to a 900% return. Paramount Communications’ 52-week high is ₹116.70, while its 52-week low stands at … Read more
In India, there are many businesses where you can earn good money with a small investment. The Modi government is encouraging entrepreneurship and has launched several schemes to support start-ups. It’s important to assess the demand and market before starting any business. Here are some business ideas that can help you earn significantly in just … Read more
Sky Gold has once again announced a bonus share issue, following a similar move in 2022. On October 26, the board decided to grant eligible shareholders nine bonus shares for each share they hold. This is the company’s second bonus share issue, with the last one occurring just a year ago. Details of the Bonus … Read more
Before Diwali, Shriram Finance Limited, a non-banking finance company (NBFC), announced two important corporate actions: a stock split and a dividend distribution for its investors. However, the company’s shares experienced a significant drop on Friday. What is a Stock Split? During a board meeting on October 25, Shriram Finance revealed that it would split one … Read more
Ahead of Diwali, the Central Government has announced an additional pension benefit for senior pensioners. Pensioners aged 80 and above will receive an extra amount, known as a compassionate allowance, as per a circular from the Ministry of Personnel, Public Grievances, and Pensions. To make the process easier, the Ministry has issued updated guidelines for … Read more
Wari Energies’ IPO has received a fantastic response from investors. The company’s shares are also gaining attention in the grey market, trading at a premium of about 100%. This high grey market premium (GMP) suggests that Wari Energies’ shares might start strongly in the stock market. The shares are set to be listed on the … Read more
As digital payments become more common in India, people’s investing habits are also shifting online. To cater to this trend, the digital payment platform Mobikwik has announced a new fixed deposit (FD) option with higher interest rates just in time for Diwali. Mobikwik’s New Fixed Deposit Offering Mobikwik, a startup planning to launch its initial … Read more