City Sandeep Financial News

mutual funds having exposure to this segment, as the moolah chasing it is momentum money that could put investors to greater risks when markets correct, experts tell ETMarkets, while warning against getting enticed into investing more, in case small caps rally up further from here. Mutual funds having exposure purely to small cap stocks have seen inflows of Rs 19,784 crore in six months ended July which is nearly double from the inflows seen in midcap funds at Rs 10,304 crore. In contrast, largecap funds have been at the receiving end of investors’ ire with outflows of Rs 3,974.10 crore. The traction towards small cap stocks has been riding on high returns they have yielded, this year.

₹12,000 crore so far. -Heavy rains on Wednesday led to 13 deaths in Himachal Pradesh in 24 hours with the death toll mounting to 361 since June 24 in the state as per data available with the state disaster management officials as reported by ANI. -Rains also led to water logging in the new OPD block of Indira Gandhi Medical College and Hospital in Shimla.

Weather update: The India Meteorological Department (IMD) has predicted heavy to very heavy over heavy rains in several states till 26 August. As per IMD, heavy to very heavy rain has been predicted in Odisha, West Bengal and Sikkim, Bihar, Assam & Meghalaya, Arunachal Pradesh In Himachal, IMD has issued a yellow alert in the state for today.

Reliance Industries: Sovereign wealth fund Qatar Investment Authority (QIA) has agreed to invest ₹8,278 crore ($1 billion) into the retail arm of Reliance Industries Ltd (RIL), marking a fresh round of investments into Reliance Retail Ventures Ltd (RRVL) after the country’s largest retailer raised ₹47,265 crore in 2021. QIA’s investment values RRVL at ₹8.28 trillion or $100 billion, twice its ₹4.21 trillion valuation in 2021. QIA’s investment will translate into a 0.99% stake in RRVL on a fully diluted basis, RRVL said on Wednesday.

₹30,000 crore, mainly in pipelines, petrochemical projects and city gas distribution, over the next three years. The company's total capital expenditure for FY23 was ₹10,000 crore. "Company is growing steadily and creating infrastructure facilities across the nation.

New Delhi: GAIL expects its natural gas transmission volumes to expand 12% and polymer sales to double this financial year, its chairman has said. “Gas transmission and gas marketing are the key drivers of GAIL’s business and during FY23, we transmitted 107 million metric standard cubic meters a day (MMSCMD) of natural gas, marketed 95 MMSCMD of natural gas and sold 399 thousand metric tonnes (TMT) of polymer,” GAIL chairman Sandeep Kumar Gupta told shareholders at their annual meet. “Current year seems more promising and it is estimated that your company will achieve over 120 MMSCMD of natural gas transmission, over 100 MMSCMD of natural gas sales and 800 TMT of polymer sales.” GAIL also expects the new levelized tariff determined by the regulator for its integrated pipelines to help boost its transmission revenues.

Sandeep has just turned 57 and is looking forward to his retirement in the next three years. He is proud of the fact that he has accumulated a sizeable corpus by investing diligently in the PPF, EPF and equity mutual funds. Over the past 20 years, he has made these choices after considerable research and deliberation.

Even as several days have passed since the end of the due date of ITR filing for AY 2023-24, several taxpayers are waiting for refunds. July 31 was the due date of Income Tax Return filing for taxpayers whose accounts don’t need to be audited.

Arvind Kejriwal on the Delhi ordinance issue, Congress leader Sandeep Dixit cited that the kind of power Delhi chief minister want to save himself from corruption is not ethical. Speaking to ANI, Dixit said on Saturday, “There used to be a time when we used to feel that Delhi must get full statehood but the way Delhi is functioning now, the kind of power division that is between the Centre and Delhi govt, it doesn't need much change...the kind of power Kejriwal wants for transfers, postings, to save himself from anti-corruption branch, is not ethical…" The Parliament on August 7 passed the Bill that empowers the Lieutenant Governor to control Group A services in Delhi, including on matters relating to appointments, transfers and postings.

Investing.com — WeWork (NYSE:WE) shares shed over a fifth of their value in early U.S. trading on Friday after the flexible workplace group announced that it would conduct a one-for-40 reverse stock split.

But such incidents could evoke some hilarious moments, as sometimes people add such weird or unusual details to their addresses or delivery locations, which could leave you in splits. Recently, a user shared a post on X previously Twitter, with a screenshot from an order, that was placed on Swiggy.

coworking firm BHIVE plans to raise Rs 400 crore coworking-focused CAT-2 alternative investment fund (AIF) to fuel its growth. The proposed new fund will acquire fully completed commercial real estate properties at prime locations with clear titles and occupancy certificates and a capex of a set. Over the past year, BHIVE has solidified its position as the largest co-working operator in Bengaluru, closing transactions upwards of Rs 200 crore.

Narendra Modi can never take away the gigantic contributions of Jawaharlal Nehru in the country's freedom struggle. He further added the legacy of Jawaharlal Nehru will continue to inspire future generations.

Reddit non-fungible tokens (NFTs) minted on layer-2 network Polygon have surpassed 20 million in the face of general quiet on the NFT front. 

The world’s largest soft drinks brand is delving deeper into the realm of non-fungible tokens, launching its first collection on the Coinbase layer-2 network Base.

VHP's Braj Mandal Yatra in Nuh that was disrupted on July 31 after communal violence broke out in the area, officials said. The 'Sarva Jatiye Mahapanchayat' was originally planned to be held in Nuh district's Kira village but permission was denied for it in view of the prevailing law and order situation.

Gold miner Newcrest has forked out hefty payments to former chief executive Sandeep Biswas and another senior executive who left the company suddenly in December.

Tech Mahindra in FY23, smaller IT firms have notably awarded higher CEO paychecks. In fact, Mid-tier IT company bosses are even outearning their larger counterparts. As per a CNBC report, Sandeep Kalra from Persistent Systems earned ₹61.7 crore, ranking just below Wipro's CEO Thierry Delaporte, who received ₹82.4 crore.

A journalist in Jalgaon who had criticised the Chief Minister Eknath Shinde was on Wednesday beaten up in public. Sandeep Mahajan has alleged that Pachora Shiv Sena MLA Kishore Patil had sent his men to beat him up after an audio clip went viral in which Patil is abusing Mahajan for criticising Shinde. Mahajan had put up a post calling the CM’s visit to the family of an 8-year-old girl who was raped and murdered as an ‘eye wash’. Following the post, Patil had called up Mahajan and had given the choicest abuses as well as threatened him. The expletive-ridden audio clip had gone viral and Patil has admitted that it was him abusing Mahajan. On Wednesday, Mahajan was beaten up by three youths who pulled him down from his scooter while he was travelling and then assaulted him. While the journalist has claimed that it was Mahajan’s men who had assaulted him, Patil had ‘condemned the incident’ and claimed his people were not involved in the assault. The video of the assault of the journalist has gone viral with the Maharashtra opposition questioning the ‘goonda raj’ of those in the government. The attack comes after another incident in which Magathane Shiv Sena MLA Prakash Surve’s son, Raj, abducted RK Singh, CEO of a music company, at gunpoint and took him to Surve’s office and forced him to sign some papers. The police have now named the MLA’s son in a complaint filed by the Singh.

After shifting from Solana to Polygon earlier this year, the y00ts non-fungible token (NFT) project has announced that it is once again migrating its base from Polygon to Ethereum blockchain. 

RBI) gain kept the policy rates unchanged at 6.5%. The repo rate is the rate of interest at which RBI lends to other banks."Our economy has continued to grow at a reasonable pace becoming the 5th largest economy in the world, contributing around 15% to global growth," said RBI Governor Shaktikanta Das. Talking about inflation, Das said headline inflation after reaching a low of 4.3% in May, rose in June, and will surge in July and August, said.