Investors are allowed to transfer equity shares or to family members, but the tax treatment differs from that for transfers to non-family members. In general, asset transfers in India, such…
Author: Admin
LIC share price gains 5% after board approves 1:1 bonus issue; up over 15% in April
(LIC) saw its shares spike 5% in Wednesday’s intraday deals, reaching a five-week high of ₹841.30 apiece after the company approved a 1:1 bonus issue. Today’s rally also marked the…
Massive boost for PSU banks! Supreme Court closes Sterling Biotech case with ₹9,800 crore recovery
In a significant development for India’s banking sector, the Supreme Court of India has brought the long-running Sterling Biotech case to a close after a total recovery of around ₹9,800…
3,700% return in five years! Small-cap stock hits upper circuit following positive sentiments on Dalal Street
Small-cap stock hit the 5% upper circuit in Wednesday’s trading session following a sharp surge in the Indian stock market. The small-cap stock opened at ₹39.11 today, as compared to…
Can crude oil volatility, El Niño fears derail Indian economy’s growth momentum? What should investors do?
At a time when crude oil price volatility stemming from the US-Iran war has raised uncertainties about the Indian economy, reports suggesting the impact of El Niño on monsoon have…
HDFC Bank, SBI to Urban Company: Here’s what mutual funds bought and sold the most amid stock market crash in March
Signalling a preference for disciplined and long-term equity investing, retail and high-net worth (HNI) investors bought the dip in March as flows into equity-oriented mutual funds jumped to an eight-month…
DA hike update: Central government staff to protest on April 16
The wait for the next dearness allowance (DA) hike is getting longer, and patience among central government employees seems to be running thin. For the first time in many years,…
L&T says another steam generator dispatched to Nuclear Power Corporation ahead of schedule
Infrastructure major on Wednesday said that its heavy engineering arm has dispatched another steam generator to the in an effort to fast-track the country’s energy security goal. The steam generators…
EaseMyTrip expands Latin American footprint; signs strategic partnerships with corporates in Brazil
EaseMyTrip, one of India’s leading online travel-tech platforms, has signed multiple strategic Memorandums of Understanding (MoUs) with prominent corporate and institutional partners in Brazil. In addition to its online presence…
Tata Motors to launch Hydrogen Bus production in Lucknow
, India’s largest commercial vehicle manufacturer on Wednesday announced its plans to commence manufacturing of hydrogen buses at its Lucknow plant. Chairman Tata Sons N. Chandrasekaran made the announcement along with Chief .Minister of…