The Securities and Exchange Board of India (SEBI) has introduced a new rule to make closing a Systematic Investment Plan (SIP) faster and easier. Earlier, it took 10 working days to cancel an SIP. However, with the new rule, this process will now take only 2 working days. Investors can even submit a closure request … Read more
Before companies get listed on the stock market, they issue an Initial Public Offering (IPO) to raise funds. Currently, three IPOs—Vishal Mega Mart, Sai Life Sciences, and Mobikwik—are open for investment. However, these IPOs will close for subscription today at 5 PM. Vishal Mega Mart IPO The Vishal Mega Mart IPO opened on December 11, … Read more
Zomato’s quick commerce unit, Blinkit, has launched a new app called Bistro for delivering snacks and other food items in just 10 minutes. This move is expected to create stiff competition for Zepto Cafe, which recently announced plans to introduce a separate app for its food delivery business. The launch of Bistro was reported by … Read more
Yash Highvoltage Ltd’s initial public offering (IPO) opened for public subscription on Thursday, December 12. This IPO, aimed at the SME (Small and Medium Enterprises) sector, will be available for subscription until December 16. Yash Highvoltage is a well-established manufacturer and distributor of electrical transformer bushings, including products like Oil Impregnated Paper (OIP) Condenser Bushing, … Read more
The Farmer Registry process has been made mandatory to improve farmers’ incomes and link them with government welfare schemes. The primary goal of this initiative is to ensure that farmers receive the benefits of these schemes in a transparent and efficient manner. The Farmer Registry process has been divided into two phases: the first phase … Read more
The Indira Gandhi National Old Age Pension Scheme is a government initiative aimed at providing financial assistance to elderly citizens in India. Citizens aged 60 and above receive a fixed pension amount each month to support their daily needs. This pension scheme is free of charge and aims to offer financial security to the elderly … Read more
Vishal Mega Mart’s Initial Public Offering (IPO) has been a topic of discussion for the past few days. The IPO, worth ₹8,000 crore, has now opened for investment. Many investors are wondering if they should invest in this public issue. However, market experts suggest subscribing to the IPO due to the company’s strong financial position, … Read more
The Ghaziabad Development Authority (GDA) has introduced a new rule to encourage the use of renewable energy. From now on, it is mandatory to install solar panels for getting approval on the map of plots of 100 square meters or more. This decision follows a similar move by the Lucknow Development Authority (LDA) and has … Read more
Swiggy Limited’s shares have increased by over 5% today. This rise comes after a new prediction from the brokerage firm CLSA, which has given a “buy” rating for Swiggy’s shares. According to CLSA, Swiggy’s shares are expected to cross Rs 700. Share Performance and Growth Today, Swiggy’s shares opened with a gain and reached Rs … Read more
Life Insurance Corporation of India (LIC) has introduced the LIC Golden Jubilee Scholarship Scheme 2024 to support financially weaker children. This initiative aims to assist students who need financial help to continue their education. The last date to apply for this scholarship is 22 December 2024. Here’s a closer look at the scheme and its … Read more
If you’re a woman looking to benefit from government schemes aimed at improving financial conditions, there are several special programs designed to support and empower you. These initiatives aim to make women more self-reliant and provide them with financial help. Below are details of four key schemes available to women: Majhi Ladki Bahin Yojana Launched … Read more