Demat account for minors in India: Here is the process of opening a demat account for minor children, documents required and other things to keep in mind.
With the allotment, SMC's stake in Maruti Suzuki India (MSI) will increase to 58.19 per cent from the earlier 56.48 per cent.
The CAIT said that the wedding dates in the season are November 23, 24, 27, 28, and 29, and December 3, 4, 7, 8, 9 and 15.
As of March 31, the total amount recovered from the group and deposited in the state-run banks was Rs 25,163 crore, after Rs 138 crore was paid to 17,526 applications involving 48,326 accounts, according to a report.
The Reserve Bank of India (RBI) on November 29, 2021, superseded the board of Reliance Capital in view of payment defaults and serious governance issues.
A lower rating on US debt could cost taxpayers if it leads borrowers to demand higher interest rates on Treasury bills and notes.
The Central government has instructed online travel platforms to process all pending refunds related to air ticket bookings from the pandemic lockdown period by next week.
Going by circulars, SEBI has defined the manner of handling the unclaimed amounts lying with REITs, InvITs, and in the escrow accounts of the listed entities (which are not companies), transfer of such amounts to IPEF and claim thereof by the investors.
Adani Group: CEO Scott Nathan that DFC works to drive private sector investments that advance development and economic growth while strengthening the strategic positions of our partners. That’s what we’re delivering with this infrastructure investment in the Port of Colombo.
Stock markets: The 30-share BSE Sensex jumped 181.6 points to 65,124 in early trade. The Nifty climbed 49 points to 19,455.70 points.
In a statement, WeWork said it entered into a restructuring support agreement with stakeholders to “drastically reduce” the company’s debt while further evaluating WeWork’s commercial office lease portfolio.
FTX co-founder, Sam Bankman-Fried, who once ran one of the world's biggest cryptocurrency exchanges, has been found guilty of fraud and money laundering. a New York jury convicted him of fraud for stealing at least $10 billion from customers and investors.
Mother Dairy, is selling loose onions at Rs 67 per kg. It has nearly 400 Safal retail stores in the Delhi-NCR. E-commerce portal Bigbasket is selling at Rs 67 per kg, while Otipy at Rs 70 per kg. Local vendors are selling onions at Rs 80 per kg.
Baap of Chart SEBI: In its 45-page interim order cum show cause notice, SEBI found that Rs 17.21 crore has been accumulated during a period of just over two years from carrying out investment advisory activities, which are both unregistered and fraudulent.
Quoting the reason behind the decision, Nokia said it is aiming to lower its cost base by between ($843 billion and 1.2 billion euros by the end of 2026. That was set to lead to a reduction from 86,000 employees now to between 72,000 and 77,000 during that time period.
Closing market bell: BSE Midcap declined by 17.11 points or 0.05 pc to 32,305.62 and SmallCap by 13.67 points or 0.04 pc to 38,184.83 in broader market. Key Asian indices declined following losses in the US markets due to a rebound in bond market yields.
Apart from Air India Express-AIX Connect integration, Air India is merging Vistara with itself. India is one of the fastest growing aviation markets in the world and air traffic is also on the rise.
Lulu Mall Noida: As per reports, the shopping mall and hypermarket project in Noida's Sector 108 will also have a luxurious five-star hotel. The new investment in Uttar Pradesh is expected to provide employment to over 20,000 people after its completion.
The Ministry underscored that the development will facilitate the growth of e-commerce and digital transactions in the UAE, bolster financial inclusion, support the UAE's digitisation agenda, increase alternate payment options, reduce the cost of payments, and enhance the UAE's competitiveness.
The Reserve Bank of India said that Muneesh Kapur would be looking after the Department of Economic and Policy Research. He has worked for nearly three decades in the RBI in different capacities.
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