Equity mutual funds saw a strong comeback in March, even as the broader mutual fund industry reported heavy outflows. Fresh data from the Association of Mutual Funds in India (AMFI)…
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Sending over Rs 10,000 via UPI? You may soon face a 1-hour delay
Sending money instantly through UPI has become second nature for many Indians. But that speed may soon come with a pause. The Reserve Bank of India (RBI) is considering a…
Applying for TAN? Income Tax Dept replaces Form 49B with two new forms
If you’ve ever dealt with tax compliance, you know how even a small form can feel confusing. The Income Tax Department seems to have taken note. In the latest update,…
Infosys, TCS, HCLTech: Why IT stocks are down despite market rally
Shares of Infosys, Tata Consultancy Services and HCLTech came under pressure in trade, dragging the broader IT pack lower even as benchmark indices rallied sharply. At 10:52 am, Tech Mahindra…
Sensex gains 800 points: 3 reasons why stock market is rising today
Stock markets opened in the green on Friday, with both the , supported by better global cues and buying across key sectors. The S&P BSE climbed 687.99 points to 77,319.64,…
Wipro shares rise as board considers buyback after three years
Shares of Wipro Ltd rose as much as 3% in early trade on the Bombay Stock Exchange after the company said its board will consider a share buyback proposal at…
Tata Sons IPO push gathers pace as trustees back listing
The push to list Tata Sons is gathering momentum within Tata Trusts, as more trustees come out in favour of an IPO, bringing the long-simmering debate into the open and…
Ola Electric shares continue to rise, up 6% today. Here’s why
Shares of Ola Electric Mobility Ltd extended their rally on the Bombay Stock Exchange, climbing around 6% on Friday as strong momentum in the stock continued for yet another session.…
Markets rally over improved global cues driven by financials; IT stocks down
Benchmark stock market indices opened higher on Friday, as positive global cues kept the momentum up on Dalal Street. Auto, financials, and banking shares gained while IT stocks fell. The…
TCS posts solid Q4, but growth concerns remain. Should you buy?
Tata Consultancy Services (TCS) shares are expected to be in focus on Friday after the company reported a strong set of March quarter results, beating market expectations on both profit…