Rights Financial News

With real estate ebbing and flowing on all fronts over the past several months, just how viable is it for advisors to consider the sector as part of their allocation arsenal?

Dividend stocks: Shares of AGI Infra Ltd, Axtel Industries Ltd, Paisalo Digital Ltd, Advani Hotels & Resorts (India) Ltd, Dwarikesh Sugar Industries Ltd, and Mishtann Foods Ltd will be in focus when the stock market opens on March 20 (Wednesday). The Board of Directors of the 6 companies have declared interim dividend, bonus issue, buy back of shares¸ and rights issue for their eligible shareholders. The record date by the 6 companies to ascertain the eligibility of shareholders for their respective issues has been fixed on March 20.

Imagine sitting down with a messy pile of T-slips and old receipts to file your tax return one line at a time. It sounds daunting — and a reason why even people with straightforward returns may choose to hire an accountant.

Reliance Power settled the debts owed to three banks — ICICI Bank, Axis Bank, and DBS Bank — last week while its parent Reliance Infrastructure is working towards settling dues of Rs 2,100 crore to JC Flowers Asset Reconstruction Company, said people with knowledge of the matter. «Reliance Power aims to be a debt-free company by the end of this fiscal year. The only debt on its books will be the working capital loan from IDBI Bank,» said a senior executive from a commercial bank. The three lenders jointly had about Rs 400 crore and have recovered close to 30-35% of their principal loans, another lender said. Reliance Infrastructure and JC Flowers ARC had entered into a standstill agreement, according to notice issued to the exchanges on January 7. Initially, the standstill was until March 20, 2024, according to a separate stock exchange disclosure. «This was recently extended to March 31, 2024,» said a spokesperson of Reliance Infrastructure.

MONTREAL (Reuters) — Airbus has changed its tone in bargaining with Montreal-area A220 jet assembly workers following the start of pressure tactics to slow production, according to a union memo to members on Tuesday seen by Reuters.

Indian government would encourage local production of premium electric cars in the country, a senior Audi AG executive said on Tuesday. Audi AG Vice-President, Sales Overseas, Andre Konsbruck said the Indian government is taking the right steps to accelerate the adoption of EVs in the country. «The government seems to be very committed to sustainability and to the electric future,» he said in an interaction here while referring to the new electric policy. Konsbruck said that India is perhaps the first market where a specific regulation is targeted towards premium cars.

We spend so much time in this business slagging politicians for saying stupid things that when they do say something wise or profound or even just correct, we owe it to them and to you, reader, to say so.

Global rideshare giant Uber will pay $178 million to settle a long-running dispute with Australian taxi and hire car drivers who lost out when the company entered the Australian market

Sports Illustrated will continue operations after the company that owns the brand agreed with a new publisher for its print and digital products

Every year since 2021, Spotify has published its “Loud & Clear” report, an attempt to be more transparent about its payments

Whether you're navigating busy streets or exploring scenic parks, these strollers promise t be reliable companions, offering practicality and versatility without weighing you down. Read this article to explore he innovative solutions that redefine mobility for both parent and child, making every adventure with your baby a breeze.

United Nations human rights chief Volker Turk denounced the rampant hunger and looming famine in Gaza.

₹64,000 crore out of a total inflow of ₹1.6 trillion. To mitigate risk, some fund houses have opted to restrict inflows into their schemes.

Christy Mathai, Fund Manager -Equity, Quantum AMC, says what offers value to us currently is banks, especially the private sector banks where we have invested quite a bit heavily and even if there is more correction, we would love to add to some of these pockets. So, some of the consumption linked themes, be it FMCG, consumer discretionary, even with some correction we do not think they would come to our buy price in the sense if you were to look at stocks. So, even going forward, we would look to add more into some of these pockets where valuations have been reasonable, be it banks, be it consumer discretionary, especially autos. Two years back we added quite aggressively in the two-wheeler names.” Where do you stand on that argument that Indian midcap and smallcaps are way expensive right now and it is the largecap which have more value? What are your thoughts there? Christy Mathai: Clearly if you were to look at how the small and midcap index have done post COVID, it has done phenomenally well and especially last year. Last year, it was a combination of earnings growth plus the flows which came in a big way in the markets, especially in the small and midcap segment, especially the smallcaps.

Popular Vehicles and Services — 2% over the issue price on Tuesday. Despite a tepid debut, analysts are positive about the company's prospects in the medium- to long-term horizon, betting on the strong demand growth for the automobile industry.

Meghana Malkan, malkansview.com, says the first pick that I will be looking at is Maruti. I like the way the pattern seems to be building up in Maruti. 11,300 seems to be a good stop for me as of now technically and I would look at a target of 12,500, so that is one pick. Second, the realty sector looks good to me. DLF seems to be a good pick from realty, Right now it seems to be at an all-time high. If I buy with a stop of 800 to 810, I would easily look at a target of Rs 900 plus if I build on the same trade advice. We are seeing markets being at a one-month low. How do we go about the markets hereon? Meghana Malkan: Broadly, I feel both the major indices, Nifty and Bank Nifty, are in a correction zone right now. The major reason being the multiple divergences on the oscillators. Volumes do not seem to be matching going along the price range. I believe there is some kind of disparity in the price volume as well. Nifty can find good support around 21,700. One could choose their strategy stock-specific or sector-specific but broader markets look to be a little in the correction zone.

democracy, as some officials attending a global summit accused Russia and China of conducting malicious propaganda campaigns. Speaking at the opening of the Summit for Democracy in Seoul, Yoon said countries had a duty to share experiences and wisdom so that artificial intelligence and technology could be employed to promote democracy.

Bharatiya Janata Party (BJP) in the forthcoming Lok Sabha elections saying that the country is fervently demanding a change. Kharge said the Prime Narendra Modi's ‘guarantees’ highlighting in the BJP's poll campaign will mee the same fate as party's "India Shining" slogan ahead of 2004 general elections. "Country is fervently demanding a change.

Uniform Civil Code, while also saying that it should not be implemented only for criticizing Muslims so that they cannot practice polygamy. In an interview with Barkha Dutt for Mojo Story, Javed said people are jealous of Muslims because they have the right to have four wives at a time. “Is this the only reason for implementing the Uniform Civil Code? If you are also given this right, then there will be no problem," he said.

Lady Sarah Rose Hanbury has broke silence and told her lawyers that "the rumours are completely false," as reported by Business Insider report. Apart from Prince Harry and Meghan, a lot has been happening in the Royal Family since the past few months, right from King Charles cancer news, Kate Middleton's disappearance post surgery to Prince William's alleged affair. Several media outlets have also reported that her disappearance to be a signal of trouble between William-Kate Middleton hinting at a potential split.