The Securities and Exchange Board of India (SEBI) has introduced new rules to provide relief to investors in the stock market and mutual funds. These rules focus on the role of nominees in demat accounts and mutual fund investments. Under these new rules, if an investor is unable to make decisions due to incapacity or … Read more
If you’re considering investing in an IPO, here’s some important news for you. Another IPO is opening for investment next week. Jungle Camps India Limited’s shares are already trading at a 104% premium in the gray market. Currently, the shares are available at a premium of Rs 75, while the price band is Rs 72. … Read more
On Tuesday, market regulator SEBI directed Trafiksol ITS Technologies to cancel its Rs 45 crore Initial Public Offering (IPO) and refund the money to investors, along with interest. This decision came after reports of misleading information in the company’s prospectus and suspected involvement with a shell entity. Concerns Raised Over Fraudulent Documents Trafiksol ITS, a … Read more
On Wednesday, December 4, Reliance Power’s stock saw a sharp rise, hitting the upper circuit limit of 5%. This surge came after the Solar Energy Corporation of India (SECI) decided to withdraw a ban it had placed on the company. By around 11 am, Reliance Power shares were trading at Rs 41.09. So far this … Read more
The Haryana government is offering free passports for students studying at Industrial Training Institutes (ITI). However, students must meet certain conditions to qualify. They need to be either permanent residents of Haryana or have passed their 10th grade from the Haryana Board of School Education. Additionally, students must have maintained at least 80% attendance throughout … Read more
Road connectivity in the country is improving at a fast pace, with highways and expressways connecting many states. However, drivers often face the hassle of paying toll tax while traveling. The good news is that the government has made a major decision to provide relief. Now, toll tax has been made completely free under certain … Read more
Shares of Enviro Infra Engineers, a company specializing in water purification and sewerage systems, are in high demand. On Tuesday, the stock surged 19% to reach ₹263.90, marking its 52-week high. By the end of the day, it settled at ₹257.90, a 15.83% increase. Enviro Infra Engineers recently entered the stock market through its IPO, … Read more
December, the last month of 2024, begins with several important changes that will affect your daily life and finances. Here’s a look at these major updates. LPG Gas Prices Go Up The price of LPG gas cylinders has increased starting December 1, 2024. The price has gone up by ₹16.50, making an LPG cylinder in … Read more
The shares of Neelam Linens & Garments, a small company, have seen a remarkable rise within 10 days of being listed. On Monday, the shares climbed by 2% to reach ₹51.50. The company was listed on the stock market on November 18, 2024, with an IPO issue price of ₹24. Since then, the shares have … Read more
If your current job is not enough to cover your expenses and you’re looking for extra income, we have a business idea for you. You can start a wooden furniture business alongside your regular job. This will not only help you earn more but can also be a very profitable venture. The growing demand for … Read more
Gurugram, known as one of the most expensive cities in Delhi-NCR, is set to become even more costly for property buyers. Starting December 1, property rates in the city will increase, making it more expensive to buy land, flats, or commercial spaces. The collector circle rate is expected to rise by 10 to 20 percent, … Read more