Information Financial News

IndusInd Bank announced changes in lifestyle, veiled an exciting strategic partnership with Viamericas Corporation, aimed at providing cutting-edge digital inward remittance services to non-resident Indians (NRIs) residing in the United States. Leveraging the power of IndusInd Bank’s ‘Indus Fast Remit’ platform, this collaboration opens the door for NRIs to access highly competitive exchange rates when sending digital inward remittances to India.

When you’re the world’s largest asset manager, with close to $10 trillion AUM, you have to expect some highs and lows.

Tech Mahindra has approved the merger by Absorption of 3 subsidiaries of the firm and their respective shareholders. This announcement came alongside the company's September quarter results.

(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) “... a Meeting of Board of Directors of POWERGRID is scheduled to be held on Tuesday, 7th November, 2023 to consider and approve amongst other items of Agenda, the Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2023 after these results are reviewed by the Audit Committee and the declaration of Interim Dividend out of the profits of the Company for the FY 2023-24," PowerGrid Corporation of India said in a regulatory filing.

What happens: A person poses as a government official on the telephone. They call people and try to scare them by saying they have done something wrong (like not filing proper paperwork) and that they owe fees. They may say the person can lose their immigration status or be deported if they do not pay right away.

₹one crore by selling the same. Sounds incredible, but true! Two friends Salvatore Aiello and Monica Powers jointly designed – with the aid of ChatGPT — a tool called DimeADozen to test business ideas. For this, they pooled in a tiny investment called $185.

Mark Gurman of Bloomberg previously reported that Apple had been conducting internal testing of various Mac devices, including an iMac, MacBook Air, and MacBook Pro, all powered by the M3 chipset. Surprisingly, none of these devices made their debut at the Wonderlust event on September 12. However, there are strong indications that Apple might unveil its M3-powered devices at the upcoming October event, suggests the report.

In the realm of property acquisitions, conducting thorough legal due diligence is of paramount importance to safeguard your investment. Whether you are purchasing a property still under mortgage, it is crucial to undertake a meticulous examination of both the physical aspects of the property and its legal standing. By following a systematic approach, you can ensure that your hard-earned money remains secure and free from any potential legal disputes.

As anticipation mounts for the upcoming Khargone Constituency Election in Madhya Pradesh, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the Election Commission of India. Here, we provide you with essential details about the Khargone Constituency Assembly Election 2023 that every voter should be aware of.

Bajaj Finserv Asset Management has launched its fourth fixed-income investment product – Bajaj Finserv Banking and PSU Fund. It is an open-ended debt scheme investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds with relatively high-interest rate risk and moderate credit risk.

Multibagger stock: Shares of Servotech Power Systems Ltd are one of the multibagger stocks that Indian stock market has delivered in year-to-date (YTD) time. However, it seems that the energy stock has still some steam left. Despite choopy stock market sentiments during Wednesday deals, Servotech Power Systems shraes hit upper circuit.

Ravi Dharamshi, CIO, ValueQuest Investment Advisors, says “when it comes to Sasta, achcha and growth and outlook being good, he is bullish on financials and manufacturing & capital goods where the tailwind is strong; manufacturing and capital goods. However, the valuations in the recent past have really gone through the roof. So some amount of correction consolidation is warranted over there. But the outlook still continues to remain very-very strong.” We had our first interaction in 2013 and from then to here, it has been 100x for the firm? Yes. I am not a very superstitious fellow, but I do believe in maintaining the humility for the returns and the AUM growth that we have seen. All those things get into your head and that can be harmful for future returns. Anyway we will pat ourselves on the back the day. Our job is to generate returns for the clients and that is what we want to focus on. Everything else is just output of what we do.

Mineral Resources says lithium markets are being manipulated to suppress prices in a sector still dominated by battery chemical makers in China.

Canada’s biggest grocery store CEOs are going to be called back to Parliament, and this time MPs want them to explain how they are stabilizing food prices.

₹50,000 crore in evaded Goods and Services Tax (GST) in FY24, Business Standard reported. This amount is over double that of what was recovered in FY23 and is likely to potentially be the highest annual tax collection, it added. In FY24, GST officials have so far identified evasions amounting to ₹1.36 lakh crore; and have already recovered ₹14,108 crore of this.

Bank of Canada Governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution’s independence.

Universal Account Number (UAN) concept was introduced. The UAN is a distinctive 12-digit identifier allocated to each EPF member. It is associated with all of the member’s EPF accounts, irrespective of the number of employers they may have worked for.

Investing.com — US crude stockpiles possibly fell as much as 2.7 million barrels last week, petroleum trade group API said Tuesday, reporting a second straight week of declines that suggested that strong exports were again influencing inventories.

Catch all Updates on AQI levels in Delhi, Mumbai and other cities here. Congress leader Deepender Singh Hooda on Tuesday said the Manohar Lal Khattar-led BJP government did not pay attention to Haryana's air quality for the past 9-10 years. Citing a report on the AQI, the Congress MP also informed that nine cities of Haryana were included in the top 27 most polluted cities in the world. While speaking to news agency ANI, Hooda said, "Air pollution is a serious issue.

₹221 crore in his bank account. Interestingly, he learnt about this bounty only after receiving an income tax (I-T) notice. He learnt about this when he received a tax notice informing him about the huge inflow in his bank account.

Dividend stock 2023: In this truncated week on Dalal Street, Infosys shares would be in focus today as the Indian IT major is going to trade ex-dividen today. The board of directors of Infosys Ltd has already declared ₹18 per share interim dividend for its eligible shareholders payable during the current fiscal. The company board also fixed Infosys dividend record date on 25th October 2023.