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₹44 apiece, a premium of 10% to the issue price of ₹40 per share. The initial public offering (IPO) of Gujarat-based multi-specialty healthcare services provider Sangani Hospitals was subscribed 4.54 times in total during August 4 to August 8, according to subscription data on the stock exchanges. The public issue was subscribed 6.17 times in the retail category, 11.42 times in Qualified Institutional Buyers’ (QIB) category, and 1.38 times in the Non-Institutional Investors’ (NII) category.

Income Tax department on Wednesday prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh. The Central Board of Direct Taxes (CBDT) has notified the Income Tax Amendment (Sixteenth Amendment), Rules, 2023, prescribing rule 11UACA for calculating income with respect to the sum received upon maturity of life insurance policies wherein the amount of premiums exceed Rs 5 lakh and such policy/policies are issued on or after April 1, 2023. According to the change, for policies issued on or after April 1, 2023, the tax exemption on maturity benefits under Section 10(10D) will only be applicable if the aggregate premium paid by an individual is up to Rs 5 lakh a year. For premiums beyond this limit, the proceeds will be added to the income and taxed at applicable rates. The change in tax provision with regard to life insurance policies, except ULIP, was announced in the Union Budget 2023-24.

PTI quoted an official as saying. Tata Group had previously Thursday unveiled Air India's new logo and livery. “Future Brand, the company that designed Air India’s new logo, is involved in the rebranding of Air India Express.

₹82 apiece on the NSE, a premium of 43.85% to the issue price of ₹57 per share. On BSE, SBFC Finance listing took place at a premium of 43.84% at ₹81.99 per share.

SBFC Finance listed at a robust premium of 43.8% on the exchanges in Wednesday's trade. The stock debuted at Rs 82 on NSE over the IPO price of Rs 57 apiece. Meanwhile, on BSE it listed at Rs 81.99 per share.

Bata is re-entering the premium price points with fresh portfolios while it increases spending on advertising and promotions to connect with young digital savvy consumers, according to company Managing Director and CEO Gunjan Shah. The company, as part of its sales strategy, is expanding its presence in both channels — physical stores and online — and expects e-commerce to contribute 20 per cent of its total sales in the next two to three years, he said.

West Australian explorer Delta Lithium delivered some aftermarket excitement on Monday evening, as brokers crossed a line worth 11 per cent of the company at a hefty premium.

IPO listing: Vinsys IT Services made a stellar debut on the NSE SME Emerge Friday as the shares were listed at nearly 62% premium to the issue price. Vinsys IT Services shares got listed at ₹207.25 apiece, higher by ₹79.25 or 61.91%, as compared to its issue price of ₹128. After the IPO listing, Vinsys IT Services shares gained further and made a high of ₹217.60 apiece.

electric vehicle. The imminent electric scooter's specifics are currently limited, but it is speculated that TVS will unveil the production model based on the Creon concept, initially presented at the 2018 Auto Expo. The Creon e-scooter prototype showcased the potential for a high-performance electric scooter that could bring notable advancements to the market segment.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

₹147 per share, 42.7 percent higher than the issue price of ₹103 on the NSE SME exchange. Zeal Global Services share price extended gains posting and were locked at 5% upper circuit after making a strong debut. Zeal Global Services share price closed at ₹154.35 apiece.

Skyrocketing insurance premiums are beginning to test the limits of consumers, after insurer Suncorp jacked up the cost of home and car policies by more than 10 per cent.

Elon Musk-led Twitter has paid premium users thousands of dollars this week in advertising revenue. The move - shared widely by exultant netizens - will benefit X Premium users who have garnered at least 15 million impressions in 3 months. It also comes mere days after Musk promised to pay legal bills of people 'unfairly treated' for posting on the social media site.

life insurance policies are not exempt under Section 10(10D). Are the full maturity proceeds treated? Can the policyholder claim indexation benefits treating the gain as long-term capital gains? In respect of life insurance policies issued after 1st April; 2012, the maturity proceeds received are exempt only and only if the premium payable in respect of such insurance policydoes not exceed 10% of the sum assured during the premium paying term.

Our carefully curated collection of premium Rakhi gifts for sisters is designed to convey your heartfelt emotions and appreciation. Whether it's elegant accessories that accentuate her style or indulgent treats that delight her taste buds, each gift is a reflection of the precious bond you share with her. So, join us in celebrating the joyous spirit of Raksha Bandhan by surprising your sister with an exquisite token of love.

(Reuters) -U.S. packaged food maker Campbell Soup (NYSE:CPB) will buy Michael Angelo's and Rao's owner Sovos Brands for $2.33 billion in cash, the company said on Monday, beefing up its meals and beverages business with the maker of premium Italian sauces.

After a major rebranding of the popular social media platform Twitter to X, Elon Musk has now rebranded the popular Twitter Blue subscription services to X Premium.

₹304, which is just ₹4 per share higher from upper price band of Yatharth Hospital IPO price of ₹300 per equity share. Yatharth Hospital is a multi-specialty hospital chain, and the company has a strong track record of growth with a diverse range of specialties and advanced medical equipment and technology.

₹142.30 apiece on the BSE SME, a premium of 1.64% to the issue price of ₹140 per share. Khazanchi Jewellers IPO was subscribed 1.26 times during July 24 to July 28, 2023.

Elon Musk took over the social media platform, the people closely associated with the company have accused the management of breaching the contracts intentionally and avoiding its legal obligations. “Twitter’s new leadership deliberately, specifically, and repeatedly announced their intentions to breach contracts, violate laws, and otherwise ignore their legal obligations," the Verge quoted some of the former employees of X who filed a lawsuit against the company in May.

Shri Techtex IPO listing: Shares of Shri Techtex listed on NSE SME exchange at ₹81.15, delivering near 33 per cent listing premium to its lucky allottees. The public issue was offered at a price band of ₹54 to ₹61 per equity share and the issue was proposed for listing on NSE SME exchange.