Target: ₹500 CMP: ₹518.10 We interacted with Sameer Khetarpal, the CEO of Jubilant FoodWorks, to understand industry demand and company strategy. According to him, the QSR industry demand continues to decelerate and recent trends are tougher than witnessed during the last six months. The pressure is across markets, brands, and formats. Signs of stress on […]
The Nifty PSU Bank index hit a fresh 52-week high on Wednesday, gaining 4.2 per cent to close at 4,938. The gauge has gained 10.5 per cent in September and is up 56 per cent in the last one year. In comparison, the Nifty 50 has gained 11.1 per cent in the past year. The
The government has expanded the list of securities that will be eligible for tax exemption on a recognised stock exchange in an International Financial Services Centre (IFSC). Under section 47(viiab) of the Income-tax Act, any transfer of bonds or GDRs, rupee denominated bonds of an Indian company and derivatives by a non-resident on IFSC exchanges
The government has expanded the list of securities that will be eligible for tax exemption on a recognised stock exchange in an International Financial Services Centre (IFSC). Under section 47(viiab) of the Income-tax Act, any transfer of bonds or GDRs, rupee denominated bonds of an Indian company and derivatives by a non-resident on IFSC exchanges
Target: ₹1,150 CMP: ₹989.75 ICICI Bank’s Annual Report highlights the progress the bank is making towards sustainable growth. This is evident from its strong contingency buffers and robust underwriting and risk-monitoring mechanisms, all of which contribute to safeguarding the company’s balance sheet. ICICI Bank has been reporting a robust performance, led by a strong core
JSW Infrastructure has received capital market regulator SEBI’s approval for launching its initial public offering to raise ₹2,800 crore. The offer, which is expected to be priced at about ₹119 a share, will open for subscription by the end of this month, said banking sources. The company has also filed its Red Herring Prospectus with
Sai Silks IPO Description – Incorporated in 2005, Sai Silks (Kalamandir) offers various types of ultra-premium and premium sarees suitable for weddings, party wear, occasional and daily wear, lehengas, men’s ethnic wear, children’s ethnic wear and value fashion products comprising fusion wear and western wear for women, men, and children. Sai Silks has four different
Sai Silks IPO GMP, Price, Allotment, Profit Estimate 2023 Read More »
Manoj Vaibhav Gems IPO Description – Incorporated in 2003, Manoj Vaibhav Gems ‘N’ Jewellers – also known as Vaibhav Jewellers – is a regional jewelry brand in South India. The company offers gold, gems, platinum, silver, diamond jewelry, precious gemstones, and other jewelry products through retail showrooms as well as through its website. Manoj Vaibhav
Manoj Vaibhav Gems IPO GMP, Price, Allotment, Profit Estimate 2023 Read More »
The record number of demat accounts being opened is a clear indication that small investors are flocking to the stock market big time even as concerns are being raised on market valuation. Tactical investment and new fund offers have ensured a steady inflow into equity mutual funds. Nilesh Shah, Managing Director, Kotak Mahindra Asset Management
‘FPI allocation to India will remain strong despite US rate hike’ Read More »
Explore the intricate world of offshore banking with our comprehensive guide. Dive deep into its benefits, challenges, and the pivotal role it plays in the global financial landscape. From the revelations of the Panama Papers to the relentless push for transparency, discover how offshore banking is evolving for the future. Whether you’re a seasoned investor or just curious about global finance, this article offers valuable insights into the offshore realm.
Offshore Banking: A Deep Dive into its World, Benefits, Challenges, and the Path Forward Read More »