Stocks to Buy for Friday, February 03,2023
In the previous session, the market witnessed consolidation throughout the day. The Nifty index saw a gap down opening in the morning but rebounded at an important...
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Union Budget 2023: 20% TCS on Foreign Remittance Transactions
Finance Minister Nirmala Sitharaman has increased the tax at source (TCS) rate on foreign remittances under the Liberalised Remittance Scheme (LRS) from 5% to 20%....
Sebi Clarifies on Transactions in Corp Bonds Through Request for Quote Platform
Capital markets regulator Sebi on Thursday clarified corporate bond transactions by alternative investment funds (AIFs) through a Request For Quote (RFQ) platform. In its notification,...
Ashok Leyland Shares Rise 5% After Company Reports Third-Quarter Profit Jump
Shares of Ashok Leyland rose 5% on Thursday after the company reported after-tax profit more than doubled in the third quarter that ended December. The...
Britannia Industries Shares Hit Record High on Third-Quarter Profit Surge
Shares of Britannia Industries soared to record highs on Thursday, a day after the maker of Good Day and Little Hearts biscuits reported its third-quarter...
Adani’s Market Losses Exceed $100 Billion as Shelved Share Sales Spook Investors
Shares in India’s Adani Group fell on Thursday after it abandoned a $2.5 billion share offering for its flagship company, widening the group’s market losses...
Union Budget 2023: Rs 12,544 Crore Allocated for Space
Finance Minister Nirmala Sitharaman on Wednesday allocated nearly Rs 12,544 crore to the Department of Space as India plans to launch a manned space mission...
Union Budget 2023: Rs 990 Crore Allocated for G20 Presidency
The government has allocated more than Rs 990 crore for India’s G20 presidency despite a slight increase in the foreign ministry’s budget for 2023-24. The...
Union Budget 2023: Gaming Industry Welcomes TDS Changes, Awaits Clarity on GST
In Union Budget 2023, Finance Minister Nirmala Sitharaman announced a 30% tax on “net winnings” from online games. To further clarify the tax policy, she...
Adani Group has $35 Million in Bond Coupons Due This Week
The conglomerate, backed by Indian billionaire Gautam Adani, will pay $34.7 million in coupons on its dollar bonds this week, most of which have fallen...