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In its annual results published today (18 June), Tatton's AUM reached £17.6bn in the year to 31 March 2024, marking a 26.9% increase from the previous year and surpassing the £13.9bn recorded in 2023. According to Tatton, the company exceeded its three-year «Roadmap to Growth» strategy, which set a target of £15.0bn AUM/AUI by 31 March 2024. Tatton assets jump nearly 8% on the back of £900m inflows In addition, the group's revenue rose 13.9% to £36.8m, while adjusted operating profit was up 12.9%, reaching £18.5m. Similarly, organic net inflows were £2.3bn, compared to £1.8bn in 20...

Also Read: Defence stocks surge up to 20% with Paras Defence, HAL, Garden Reach Shipbuilders, Mazagon Dock at record highsWith political stability and consistent policy frameworks in place over the last decade, India has emerged as a favored investment destination for global funds, despite its relatively high valuations. During this period, the Nifty 50 index has surged by over 210%.Prime Minister Modi’s ambition of making India a developed country by 2047 should continue focusing on infrastructure, Make in India, energy self-reliance, defence, etc.

Income Tax Act, typically by employers, necessitates issuance of a certificate (most commonly Form 16). This certificate provides the following details to the individual from whom tax was deducted:For individuals new to filingIncome Tax Returns (ITRs), Form 16 serves several crucial purposes:Verification: It allowstaxpayers to verify if the deducted TDS aligns with the tax department’s records.Tax filing: Form 16 is essential for ITR filing as it pre-fills income and TDS details.Record-keeping: It acts as a comprehensive record ofTax Deducted at Source (TDS) deductions across the financial year.Section 203 mandates the issuance of this certificate, ensuring transparency and accountability in the TDS for both taxpayers and the government.Typically, the information in Form 16 should align with the prefilled ITR form since the income tax department uses data from Form 16 and similar documents for pre-population.

Nandan Denim stock split 2024: The board of directors of Nandan Denim Limited has declared a stock subdivision in a 1:10 ratio. The company board took this decision while considering the stock split proposal in its board meeting on Monday.

₹1.19 in June 2014 to trade around ₹165 currently. This significant increase underscores Refex's consistent and substantial value appreciation trajectory, positioning it as a standout performer within the penny stock category. Such extraordinary gains not only reflect its past success but also highlight its potential as a high-return investment opportunity over the years.Meanwhile, over the past 5 years, the stock has surged by an impressive 1351 percent, rising from ₹11.37 in June 2019.

recently observed several discrepancies in data on heatwave-related deaths in India reported by different wings of the government. The year 2023 was India's second-warmest on record, closely trailing the record-breaking temperatures experienced in 2016, according to the IMD.

Premier Explosives was one such stock that continued its robust rally. The stock in today's session hit the 10% upper circuit limit to reach a fresh record high of ₹3,882 apiece.Over the last eight sessions alone, the stock has surged from ₹2,186 to its current price, marking an impressive rally of 77.60%.

Shares are mostly higher in Asia after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher

eading electric vehicle (EV) charger and telecom power solutions provider. The share price of Exicom Tele-Systems Ltd has more than doubled since its listing not long ago. On debut, the stock price saw a bumper listing, surging over 86% from its offer price of ₹142.

₹10,000 mark for the first time in today's trade to hit a new all-time high of ₹10,038 apiece by gaining 0.77%.The stock's surge today has propelled it to achieve a 47% gain in the current year so far and an 115% increase over the past one year. Starting from its low of ₹3,636 per share in March 2023, the stock is currently trading at a remarkable 174% increase.

₹105. It is now almost 33 percent away from its record high of ₹155.92, hit on October 5, 2023.

ICRA.While signs of a revival in rural demand have emerged, headwinds such as a slowdown in the Government of India’s (GoI) spending during the Parliamentary elections and onset of monsoon period are likely to weigh on growth in H1 FY2025, ICRA said in a release.However, the operating profit margin (OPM) will remain steady in the range of 15-18%, despite the expected tapering in revenue growth, as raw material costs are expected to remain steady, it added.Also Read: Indian banks well placed with strong balance sheets, record profits, cheap valuations: CLSA“The revenue growth is expected to marginally slow down in Q1 FY2025 (on a QoQ basis), on a relatively high base, amidst a perceived temporary pause in the infrastructural activities for a major part of Q1 FY2025 due to the General Elections and the dependency of rural demand on the monsoon. Moreover, the concerns of the ongoing geopolitical tensions may adversely impact demand sentiments, especially for export-oriented sectors," said Kinjal Shah, Senior Vice President & Co-Group Head – Corporate Ratings, ICRA Limited.The 5.0% YoY and 6.3% sequential revenue growth for Corporate India in Q4FY24 was supported by healthy demand in consumer-oriented sectors like airlines, hotels, automotive and FMCG.

Stock Market News: The domestic benchmark indices, the Sensex and the Nifty 50, gained for the fourth consecutive session, reaching new all-time highs in early trade on Tuesday, aided by strong global market trends, buying in IT sectors, and fresh foreign capital inflows.The Nifty 50 surged by 60 points to 23,529, while the BSE Sensex climbed 101 points to 77,195 immediately after trading began. The markets reopened today after being closed on Monday for Eid al-Agha.According to Geojit Financial Services' Chief Investment Strategist, Dr.

Minda Corporation as its 'top pick of the week'. This is on the back of its reasonable valuations, strong EV (electric vehicle) order wins, and EBITDA margin improvement.The brokerage has a ‘buy’ call on the stock with a target price of ₹502, implying a potential upside of 10 percent.Minda Corporation is one of India's leading manufacturers of automotive components, including Electronic & Mechanical Security Systems, Die Casting, Key Solutions, Telematics, ITS & IoT, Wiring Harnesses, SRCs, Components, Instrument Clusters, Sensors, and Interior Plastics.

A post shared by ICC (@icc)Pooran's onslaught also saw West Indies claim the title of the highest ever score in the powerplay at the T20 World Cup. West Indies posted 92/1 in the first 6 overs on Tuesday, breaking Ireland's record of 91/1 in the first overs during the 2014 World Cup.Rovman Powell's side eventually posted 218/5 from their allotted 20 overs, which proved to be too much for the Afghanistan batsmen.

₹3,006.45 apiece on the BSE.Auto major Mahindra & Mahindra (M&M), in its Investor Day presentation, announced its plans to launch a total of 23 new vehicles by 2030, including new SUVs. M&M's SUV market share has risen from 15% in FY21 to 18% in FY24.The company also plans to introduce seven Born Electric Vehicles (BEV) by the end of the decade.

Reasons to BuyReasons to AvoidThe Onelap GO GPS tracker offers a comprehensive solution for vehicle tracking and security, making it a valuable asset for both individual owners and fleet managers. Its compact size and user-friendly interface make it easy to install and operate.

Nikhil Gupta, accused of orchestrating a murder-for-hire plot against a Sikh extremist on American soil, pleaded not guilty as he was arraigned in federal court in Manhattan. Gupta was extradited to the US from the Czech Republic on June 14, which court records show as the day of his arrest in the US. He made his first appearance in Manhattan federal court before Magistrate Judge James Cott on Monday afternoon for his arraignment and pleaded not guilty. Gupta's attorney Jeffrey Chabrowe entered the «not guilty» plea on his behalf. Gupta is being held in a Brooklyn detention facility. Gupta is charged with murder-for-hire and conspiracy to commit murder-for-hire. If convicted, he faces a maximum sentence of 10 years in prison for each charge.

Balrampur Chini Mills, GMR Airports Infrastructure, Hindustan Copper, India Cements, SAIL, and Sun TV Network. Balrampur Chini Mills managed to come out of the ban on Friday; however, it has reentered the ban list for Tuesday.

Sensex rose 181.87 points to close at 76,992.77, while the Nifty 50 settled 66.70 points, or 0.29%, higher at 23,465.60. Indian stock market was closed on Monday, June 17, for Eid ul-Adha 2024.