Gautam Adani’s company Adani Ports has purchased another port. In the information released on the exchange, the company said that it has purchased 95% stake in Gopalpur Ports. This deal has been done for Rs 3080 crore. This will be the 14th port of Adani Ports. Adani Ports has purchased 56% stake from Shapoorji Pallonji […]
India’s financial capital Mumbai has become the billionaire capital of Asia. Mumbai has achieved this position for the first time, leaving behind China’s capital Beijing. There are 92 billionaires living in an area of 603 square kilometers here, whereas there are 91 billionaires in 16,000 square kilometers of Beijing. According to ‘Hurun Research’s 2024 Global
A decline is being seen in the stock market today i.e. on 26th March. Sensex opened with a fall of 435 points at the level of 72,591. At the same time, Nifty also fell by 149 points, it opened at the level of 21,947. During early trading, out of 30 Sensex stocks, 19 were seen
The last month of the financial year 2023-24 i.e. March has started. This month you have many important tasks to complete. One of these tasks is to deposit minimum amount in Sukanya and PPF. Apart from this, if you want to invest for income tax exemption, then you will have to invest by 31st March.
Dave Calhoun, CEO of troubled aircraft manufacturing company Boeing, will resign from his post by the end of this year. At the same time, Stan Deal, head and CEO of the commercial aircraft unit, will retire immediately and the company’s Chief Operating Officer Stephanie Pope will take over this post. In fact, three months ago,
The initial public offering i.e. IPO of construction and developers company SRM Contractors Limited will open for public subscription next week. Retail investors will be able to bid for this IPO from March 26 to March 28. The company’s shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on April
Yesterday’s big news was related to market capitalization. The valuation of 5 of the country’s top-10 companies combined declined by ₹1.98 lakh crore. Apart from TCS, the market cap of tech company Infosys and FMCG Hindustan Unilever has declined by ₹ 52,291.05 crore and ₹ 16,834.82 crore during this period. At the same time, Noland
Now less than 10 days are left for the last month of the financial year 2023-24 i.e. March to end. This month you have many important tasks to complete. One of these tasks is tax saving investment for the financial year 2023-24. You have to make this investment by 31 March 2024. If you want
The market cap of Tata Consultancy Services (TCS), the country’s second largest company in terms of market capitalization, has fallen by ₹ 1,10,134.58 crore last week. Now the market cap of the company is ₹ 14.16 lakh crore. A week ago it was ₹15.26 lakh crore. During this period, the valuation of 5 of the
Whenever we sell any property, equity or mutual fund, we have to pay capital gains tax on the profits. However, these are some special rules to save tax, which allow a maximum deduction of Rs 10 crore. According to Section 54 of the Income Tax Act, if you sell a house and spend the proceeds
