WhatsApp Financial News

05.10 / 02:27

Reuters NIFTY WhatsApp track reports recommendations 5 things that changed for the stock market overnight - Gift Nifty to easing crude oil prices

Nifty 50 closing below 19,500 level. investors will now focus on the Reserve Bank of India (RBI) monetary policy decision to be announced on Friday and the upcoming corporate earnings season. “We expect weakness to persist in the market in the coming weeks till the headwinds recede.

04.10 / 20:41

Digital CEO WhatsApp gatherings Fintech firm Slice set to enter banking via merger with SFB

₹11,700 crore and NESFB at over ₹450 crore. “A large part of the value of Slice is coming from its NBFC," the person claimed. With Slice having over 50 shareholders and the small finance bank having 4-5 shareholders in total, a back-of-the-envelope calculation suggests that Slice shareholders will own about 95-97% stake in the merged entity; whereas the remaining 3-5% will be owned by North East SFB shareholders.

04.10 / 19:29

UPS Platform WhatsApp H&M exclusive Ajio set to sell H&M products, ending exclusivity for Myntra

₹2,115.18 crore, up 49% from a year ago. Its profit rose to ₹25.29 crore, according to data from business intelligence platform Tofler.

04.10 / 19:29

Provident Platform WhatsApp performer social Buch calls for vigil about stock performance claims

NEW DELHI : Investors must be cautious about stock performance claims being touted on social media, and the regulator is keen on creating an agency that will evaluate such claims, Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch said. Speaking at an event organized by the Association of Registered Investment Advisers (ARIA), Buch said some advisers were even providing illegal portfolio management services (PMS) to clients. More than a third of investment advisers offering stock market advice to small investors were not registered with Sebi as required under the law, she added.

04.10 / 19:29

WhatsApp Torrent seeks SC intervention in RCap insolvency case

₹8,640 crore for RCap, but rival bidder the Hinduja Group through IndusInd revised its bid to ₹9,000 crore. Subsequently, the committee of creditors (CIC) proposed an extended challenge mechanism in pursuit of higher value for the company.

04.10 / 19:29

COST WhatsApp President country social information Murmu reminds businesses about ethical wealth creation

New Delhi: President Droupadi Murmu on Wednesday reminded businesses and professionals about India’s tradition of ethical wealth creation and appealed to business that their goal should not only be economic development but also social development and justice. Speaking at an event in the capital to mark the 55th foundation day of Institute of Company Secretaries of India (ICSI) , the President cited the works of Saint Thiruvalluvar and Kautilya and said that ethical wealth creation has always been praised and encouraged in India.

04.10 / 17:53

WhatsApp MPC to maintain status quo until Q1 FY25 at least

Shubhada Rao is the founder of economic research firm QuantEco Research. The views expressed are personal."Exciting news! Mint is now on WhatsApp Channels

04.10 / 17:53

UPS Target Booking Puzzle WhatsApp President Asian Games 2023: AFI vice chief accuses Chinese officials of cheating as Neeraj Chopra's first throw goes unmeasured

ALSO READ Asian Games 2023: Neeraj Chopra wins the gold medal, netizens call him 'legend' "I was puzzled and confused, it has never happened in any competition I have competed in till now. I think they lost my landing mark and they kept on looking for it." Apart from this, Kishore Jena, who joined Chopra on the podium with his silver-winning effort, also had his second throw invalidated for crossing the line but the decision was later reversed. Senior vice president of the Athletics Federation of India (AFI), Anju Bobby George, accused the officials of deliberately targeting the Indians.

04.10 / 17:53

Target MET WhatsApp reports network Reliance Jio Reliance Jio, Airtel to invest ₹75,000 crore in FY24 to strengthen network: JM Financials

₹75,000 crore in the current financial year to strengthen their networks, reported PTI The report said Reliance Jio may invest around ₹42,000 crore and Bharti Airtel around ₹33,000 crore in FY24, but the investment will taper down after their 5G network rollout target is met as per their announcement. "Bharti's management capex guidance implies India business capex could decline to approximately ₹200 billion ( ₹20,000 crore) from FY25 (versus ₹280 billion, or ₹28,000 crore in FY23) though we continue to conservatively build in approximately ₹270 billion ( ₹27,000 crore) for FY25 and ₹330 billion ( ₹33,000 crore) for FY24," the PTI quoted the report as saying.

04.10 / 17:13

FIVE Aviat Manufacturing WhatsApp love country Corporate investments getting concentrated in few groups, govt should encourage flowers to bloom: Uday Kotak

ALSO READ: China Evergrande shares suspended, China may have some learnings from US, India says Uday Kotak Earlier, Kotak surprised all by stepping down from his executive role four months ahead of the end of the term. He said many corporates are not going ahead with investments and added that we are witnessing 'significant consolidation and concentration' because of this. The concentration can deliver in the short term, but it is in India's long-term interests to have many businesses flourish, he said.

04.10 / 17:13

FIVE Aware Manufacturing Action WhatsApp information Empowered to lift corporate veil: Sebi

MUMBAI : The Securities and Exchange Board of India (Sebi) on Wednesday said it is statutorily empowered to lift the corporate veil and find out the truth whenever the interests of the investors are affected or likely to be affected. Sebi’s comments came while arguing in the Bombay Dyeing matter before the Securities Appellate Tribunal (SAT). A bench led by Justice Tarun Agarwala was hearing Bombay Dyeing’s petition challenging Sebi’s October 2022 order against the company.

04.10 / 17:13

economy WhatsApp Deloitte Bill Experts show reports E-way bills moderate in Sep but remain among highest

₹5 crore kicked in on 1 August for businesses to report wholesale transactions in designated portals (called e-invoicing), it is natural that compliance in raising e-way bills for goods shipment will also improve, according to experts. The e-invoice transaction data feeds automatically into other tax documents like e-way bills and the GST returns, facilitating greater reporting and oversight of economic activity.

04.10 / 17:13

UPS Provident WhatsApp Experts recommendations guidelines RBI sets up external working group on ECL provisioning

MUMBAI : The Reserve Bank of India on Wednesday constituted an external working group on expected credit loss (ECL) based framework for provisioning by banks. This move comes after RBI released a discussion paper in January this year on shifting from the incurred-loss approach to the ECL model, a transition aimed at making the banking system more resilient.

04.10 / 17:13

UPS Target Booking WhatsApp show reports HDFC Bank’s CASA ratio falls; credit, deposit growth robust

MUMBAI : HDFC Bank reported a slowdown in low-cost deposits in the second quarter even as the deposit and advances book continued to show strong growth, as per the pre-quarter update of the bank released on Wednesday. This is the first quarter after the merger of HDFC with the bank. The private sector lender’s current and savings account ratio (CASA) was 37.6% as of 30 September 2023 compared to 42.5% as of 30 June 2023.

04.10 / 17:13

WhatsApp President Can Donald Trump become next US Speaker? What does US Constitution say

The Hill. “This week, when the US House of Representatives reconvenes, my first order of business will be to nominate Donald J. Trump for Speaker of the US House of Representatives," Nehls said in a statement.

04.10 / 16:39

Lowe's Target WhatsApp Oil falls over $3 on demand concerns after OPEC leaves target unchanged; Brent, NYMEX down 4% to hit 1-month lows

₹7,127 per bbl, having swung between ₹7,107 and ₹7,437 per bbl during the session so far, against a previous close of ₹7,448 per barrel. THIS COPY IS BEING UPDATED "Exciting news! Mint is now on WhatsApp Channels

04.10 / 16:39

COST UPS WhatsApp band reports For Berger Paints investors, there are a few shades of grey

₹560.25 apiece on Wednesday. In the past one year, Berger’s shares have gained around 9% versus the 5% drop in Asian Paints.

04.10 / 16:13

WhatsApp show stage Sikkim disaster caused by massive earthquakes that struck Nepal?

Sikkim, causing a flash flood in Teesta River Basin. Scientists are exploring the possibility of connecting the geological events, as both Nepal and Sikkim are situated on the young-fold Himalayas that is understood to be still rising, causing tremors over the years.

04.10 / 16:13

UPS Provident Maxim WhatsApp donates What type of investments will help reduce my taxable income?

I am 27-year-old working for a multinational company (MNC), drawing a net salary of ₹1.4 lakh per month. My annual income is ₹22.3 lakh, of which my taxable income is ₹15.5 lakh. My tax-savings come from section 80C instruments, where I utilize the maximum limit of ₹1.5 lakh per annum (p.a.), and exemption from house rent allowance (HRA) is ₹2.8 lakh p.a. There is professional tax of ₹2,400 p.a. I have also purchased a flat for which I have taken a home loan of ₹36 lakh at 9.2% interest rate. My equated monthly instalment (EMI) comes to ₹30,000. How can reduce my taxable income further? —Name withheld on request Salaried individuals try and maximize their tax savings by claiming various exemptions and deductions while computing taxable income.

04.10 / 15:41

Facebook Provident Google Telegram WhatsApp guidelines Customer Fair-share fee on large OTT players to enhance customer satisfaction, doesn't violate net neutrality: COAI

Fair-share fee payment by large over-the-top players to telecom operators will enhance consumer experience with better quality networks without violating net neutrality principles, industry body COAI said on Wednesday. The Cellular Operators Association of India (COAI), which represents telecom operators like Reliance Jio, Bharti Airtel etc, said that it is a misguided view that fair share charge on large traffic generating (LTG) OTTs will violate net neutrality principles.

04.10 / 15:31

WhatsApp show information F&O Ban List: Delta Corp, 2 others placed under F&O ban on NSE for October 5; check details

Also Read: FII selling shows no signs of abating, offload over ₹4,000 crore in Indian stocks; DIIs are net net buyers The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE. ‘’It is hereby informed that all clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions.

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