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₹10 lakh to ₹20 lakh vehicle category for the financial year 2022-2023. The company has reportedly become the number one player in the segment. As reported by Autocar India, the company’s market share rose to 22% in the first quarter of FY24 (April-June 2023), thanks to more demand for its premium SUVs.

Mazagon Dock Shipbuilders jumped 10% to Rs 1,584 in Tuesday's trade on BSE as the Defence Procurement Board (DPB) has cleared the acquisition of three additional Scorpene Submarines ahead of Prime Minister Narendra Modi's visit to Paris later this week. The DBP has cleared the acquisition of three additional Scorpene submarines, extending the current line of boats under construction. These submarines will be more advanced versions of the current class of boats built by the yard — five have been delivered, and the sixth is expected next year.

«You have seen a lot of stock rotation and sector rotation in the recent past and therefore, the baton is being passed from time to time to various stocks and various sectors,» says Gautam Shah, Goldilocks Premium.You are not expecting any fireworks on the index. So do you think that given that we have already popped the bubble, now it is time for a bit of consolidation and that is perhaps inevitable?I think we are seeing fireworks in stocks. I think that is really the best way to describe the markets in the last couple of months.

Interest rate on Sukanya Samriddhi is set by the government along with other small savings schemes. For the quarter July-September 2023, the government has kept the rates unchanged at 8% calculated on yearly basis ,yearly compounded. The interest will be calculated for the calendar month on the lowest balance in the account between the close of the fifth day and the end of the month. Interest shall be credited to the account at the end of each Financial year.Features of SSY The annual minimum investment is Rs 250 while the annual maximum investment is Rs 1,50,000. The tenure of SSY is 21 years. Under Section 80C, the principle deposited, interest generated during the whole term, and maturity benefits are all tax-exempt. Anywhere in India, from one post office or bank to another, the account can be transferred. Even after maturity, if the account is not closed, interest is paid. You Might Also Like:Small s

Darsi when the APSRTC bus in which nearly 45 persons were travelling fell into the NSP canal, resulting in the death of five women, a six-year old girl and a man, police said. The mishap took place on the outskirts of Darsi when the driver of the RTC bus carrying the marriage party plunged into the canal while trying to avoid a private bus coming in the opposite direction, Prakasam district superintendent of police Mallika Garg told PTI. The bus also hit a pole before falling into the canal, Garg said.

Sharad Pawar's frequent flip-flops in his political dealings as the reason for leaving the side of NCP's patriarch. Bhujbal claimed 45 of the 53 NCP MLAs have gone with Ajit Pawar and said, "What would have I done by remaining outside." In an interaction with media, Bhujbal said Sharad Pawar announced support to the BJP in 2014 after it formed government following the Assembly polls without the Shiv Sena's backing. "That time I wondered and said we are in the Opposition.

sectoral funds, a multi cap fund, an index fund, and overnight fund are open for subscription. After a dry spell for a short period, the NFO market is again showing some signs of revival. Should you invest in these NFOs to maximize the returns from your mutual fund portfolio? First, find out why mutual funds launch NFOs. Mutual fund houses typically launch new schemes because they want to complete their bouquet of offerings or to increase their assets under management. Sometimes, funds may have discovered an interesting theme or idea which they think may offer an opportunity to create wealth. An investor need not bother about fund houses completing their offerings or chasing AUMs. If it’s a unique idea, you should take a closer look.

Quant Retirement Fund will be an open-ended retirement solution oriented scheme with a lock-in of five years or till retirement age, whichever is earlier. The scheme will be benchmarked against 65% S&P BSE 200 TRI + 15% CRISIL Short Term Bond Fund Index + 20% iCOMDEX Composite Index. The scheme will be managed by Sandeep Tandon, Anikt Pande, Sanjeev Sharma, and Vasav Sahgal. According to the scheme information document, the investment objective of the scheme is to provide the investment plans to grow retirement savings that serves the variable needs of the investors through long term diversified investments in different asset classes.

HCL Technologies is expected to report a soft set of numbers for the April-June quarter of the current financial year (Q1FY24), mostly because of the slowdown in the demand environment and the impact of cancellations in ER&D (engineering research and development). The company's revenue may see a rise on a yearly basis but it may remain either flat or negative sequentially but margins may remain stable. Apart from the numbers, brokerage firms said that management commentary on the near-term demand environment and ER&D will be the key monitorable.

Threads to connect with their followers, including many Twitter refugees tired of the drama surrounding Elon Musk's raucous oversight of that platform. But the real question is: Will they stay? Instagram head Adam Mosseri said in a Threads post Monday that in the five days since its launch, 100 million people have signed up for Threads, which was rolled out as a companion app to Instagram. Ann Coleman is among them.

A Canadian teenager was caught carving the pillar of the centuries-old Toshodaiji Kondo temple in Japan and was later questioned by the police on the matter. The 17-year-old was spotted by a tourist carving ‘Julian’ on a pillar at the temple with his fingernail, said Japanese police, reported BBC. After spotting the boy carving at the pillar, the tourists alerted the temple staff, who later enquired about the teenager.

Reliance, Indian Oil, among others, in the first quarter of current fiscal (2023-24) is expected to go up sharply due to auto-fuel over recovery in the range of ₹17,000-18,000 crore. According to a report by JM Financials, the over-recoveries registered by OMCs in the April-June quarter is on the back of consistent retail prices of petrol and diesel, despite the moderation in crude prices which have been below $80 per barrel, to recoup FY23 losses.

looking at its fundamentals or the business model? A lot of investors would consider this as ridiculous. Some may even call it blasphemy. After all, you need to have a thorough understanding of the business model and the financials before making a sound judgement on a stock.

By David Lawder

London | The British accounting regulator has criticised BDO and Mazars for “unacceptable” shortcomings in their audits, underlining the challenge the groups face in loosening the grip of the big four firms on the market.

Day trading guide for today: After trading sideways for the entire session, Indian stock market ended mixed on Monday. Out of three key benchmark indices, NSE Nifty and BSE Sensex finished higher with marginal gains while Bank Nifty, mid-cap and small-cap indices ended lower. 50-stock index Nifty ended 24 points higher at 19,355 levels while BSE Sensex finished 63 points north at 65,344 mark.

equity market is likely to open on a cautiously optimistic note on Tuesday following similar moves in Asian peers amid marginal gains in the US markets ahead of the key inflation data. Trends on GIFT Nifty also indicate a mildly positive start for the broader index. The Gift Nifty was trading 31 points, or 0.16%, higher at around 19,487.50 level.

" So, I want to understand the impact of cost of capital on your portfolio from here on. We have seen very sharp interest rate hikes in US where you have bulk of your overseas portfolio in the last 18-20 months," says Raunak Onkar, PPFAS MFI was looking at your fund breakup. You have 65% in Indian equity, 35% outside of India, so which part is more richly valued and which part is more attractively valued right now — global equities or Indian equities? I just like to make one correction, at the moment we do not have 35% invested, that is the maximum limit for foreign investments.

ONDC) announced its beta launch in five cities including in Delhi, Delhi surpassed Bengaluru in terms of retail orders on July 9 with 8,304 orders over Bengaluru's 7,048 orders, and the network cumulatively got more than 35,000 retail orders in a day. Sources said this was the scenario despite the rains in the capital because of the weekend push by buyer applications like Magicpin and Paytm with themes like Super Sundays. ONDC had gone beta live on July 5 in Mumbai, Delhi NCR (including Noida, Gurgaon and Faridabad), Chennai, Hyderabad and Kolkata post scaling seller density in these cities.

Supreme Court in the Adani Group case that since custodians were not legally mandated to keep granular details of all underlying investors with ownership in entities below a threshold, there was a possibility that one individual or entity could hold significant stakes in overseas funds through multiple platforms, each individually below the limit for identification as a beneficial owner (BO). The Securities and Exchange Board of India (Sebi) has filed an application in the Supreme Court detailing its response to various suggestions made by the apex court-appointed expert committee in the wake of the Hindenburg report against the Adani Group on potential breaches of securities laws.

Roposo is collaborating with ecommerce player Shopify to help 10,000 entrepreneurs set up online stores over the next two years, and support them in product sourcing, order fulfilment and payments. Roposo offers livestream shopping along with entertainment on its platform. It is a business unit of Glance, a subsidiary of InMobi.