The Central Government has directed the Employee Provident Fund Organization (EPFO) through the Ministry of Labor to implement Aadhaar-based OTP (One-Time Password) for activating the Universal Account Number (UAN) of employees. This step is aimed at simplifying access to EPFO’s online services. Once the UAN is activated using the OTP, employees can conveniently utilize EPFO’s … Read more
If you’re looking to invest in mutual funds, PGIM India Mutual Fund has launched a new option that may interest you. The PGIM India Health Care Fund is an open-ended equity scheme. This fund will invest in healthcare and pharmaceutical companies, which could help grow both your health and wealth. Investment Details and Duration The … Read more
Multibase India, a small-cap stock, has declared an interim dividend of ₹53 per share for the financial year 2024-25. This is 530% of its face value of ₹10 per share. The announcement caused the company’s shares to rise nearly 20% on Tuesday. However, the stock market is closed today, Wednesday, due to the Maharashtra Assembly … Read more
There are several investment options available through the post office, offering good returns similar to bank schemes. These include options such as Fixed Deposits (FD), Recurring Deposits (RD), and Public Provident Fund (PPF). In addition to these, there are unique post office schemes that are not available in banks. Interest Rates for Various Post Office … Read more
Shares of Kitex Garments Limited rose sharply, hitting a 5% upper circuit on Tuesday, November 19, reaching ₹635.30. This increase is linked to the company’s announcement regarding bonus shares. Kitex Garments plans to issue bonus shares after a gap of seven years. The last time the company issued bonus shares was in 2017, offering a … Read more
Market exchanges have recently made a significant move regarding brokerage earnings. According to new rules, brokerages will no longer be able to offer free trading services. This change comes as the brokerage industry faces increasing challenges. The Zee Business research team shared that exchanges have started imposing True to Label charges, which are causing financial … Read more
This is a simple business idea that many people overlook, even though it has great potential. A product that was once local for centuries became branded over the last few years, but now people are returning to local options. Many companies have lost the trust of consumers, creating a great opportunity for anyone willing to … Read more
Despite the negative trend in the domestic stock markets, Neelam Linens and Garments had a successful listing. The company’s shares began trading on the NSE SME platform at Rs 40.05, which is a 60% premium over its IPO price. The price band for the IPO was set between Rs 20 and Rs 24 per share. … Read more
Lamosaic India is set to launch its IPO on November 21, 2024, and it will remain open for subscription until November 26, 2024. The IPO will consist entirely of fresh shares, with the company planning to issue 30.60 lakh shares, raising a total of ₹61.20 crore. The price band for the IPO has been fixed … Read more
UTI Mutual Fund offers an excellent opportunity for investors to invest in a well-diversified portfolio. These funds use a passive strategy, which means they track specific market indices. They are cost-effective compared to actively managed funds, providing a more affordable way to invest while benefiting from UTI’s experience in managing index funds. UTI Nifty Alpha … Read more
Procter & Gamble Health Ltd will soon offer a dividend of Rs 60 per share to eligible investors. The company will trade as an ex-dividend stock this month. On Thursday, the company’s shares were priced at Rs 5143.95, after dropping 1.41% during market closing at the BSE. Record Date for Dividend The company has set … Read more