Category: Business News
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Flipkart Big Diwali sale: opportunity to buy OPPO A33 at low price and offers
(Ritambhara, intern journalist) Flipkart Big Diwali Sale has started and in this cell, many smartphones are getting the opportunity to buy at a very low price. If you are planning to buy a new smartphone then this may be a good opportunity for you. Today we are going to tell you about the OPPO A33…
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Current prices not sustainable for industry: Airtel CEO
(Riya Singh, Intern Journalist): Bharti Airtel CEO Gopal Vittal said prices of data and voice services need to be increased as current levels of the tariff are unsustainable for the industry. “We’re at a premium (in terms of tariff hike). You can have a premium but it becomes unsustainable after a point,” he said. Vital…
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Embassy Reit raises Rs 70 cr by NCDs
Saloni Subha ( Intern Journalist ): On Tuesday Embassy office parks Reit said it has raised Rs 70 cr through debentures on a private placement basis and will utilities the funds for completing ongoing commercial projects and a recent acquisition. However, Embassy Reit is the country’s first listed Reit (Real-estate Investment Trust ) and the…
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SEBI urged to extend Tax Settlement scheme 2020
Saloni Subha ( Intern Journalist ) Direct tax practitioner has requested the capital market regulator Securities and Exchange Board of India ( SEBI ) to extend the date of the Settlement Scheme 2020 from October 31 to March 31 because of the pandemic induced disruption. Sebi launched the Settlement Scheme 2020 in July to give…
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Equitas SFB’s premium in grey market clear due to rudeness of rich investors
(Anjali Shreya, Intern Journalist): In the grey market, the interest of traders in Equitas Small Finance Bank (ESFB) shares is quite low. This is the reason that the premium of this issue has become completely clear.The issue of Rs 518 crore opened for subscription from 20 to 22 October received a lukewarm response in the…
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Rakesh Jhunjhunwala increases stake in Tata Motors
(Anjali Shreya, Intern Journalist): Well-known and veteran investors have shopped heavily during the September quarter, loosening their pockets in the stock market. He grabbed the shares with both hands to take full advantage of the market’s rising momentum. The benchmark index BSE Sensex rose 9 percent in the September quarter. Renowned value investor Radhakishan Damani…
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Kumar Mangalam Birla’s daughter said, my family was thrown out in California
(Deepshikha Gautam, Intern Journalist) New York: Ananya Birla, the daughter of Aditya Birla Group chairman and famous businessman Kumar Mangalam Birla, has imposed racial discrimination against a US restaurant. She said she and her family were evicted from the campus of Italian-American Dining Place in California. Singer and artist Ananya revealed her painful experience through…
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IRFC files IPO petition
(Anjali Shreya, Intern Journalist): Indian Railway Finance Corporation (IRFC) has filed a petition with market regulator Sebi for offering IPO. The company is about to sell 178 crore shares in the issue.According to the petition draft filed by the company, 1,782,069,000 shares will be offered in this issue. The government will sell 54.9 crore shares…
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Stock market: weak start, the impact of soft global signals
(Anjali Shreya, Intern Journalist): After Monday, the stock market opened with weakness on Tuesday, where selling in Reliance Industries and banking continued. The delay in relief packages in the US along with the fast-growing cases of corona across the world caused the market to collapse.At 9.30 am, the BSE Sensex was recorded at 40,039 with…
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Reliance employees will be rewarded before Diwali
Aatmja Kumari(Intern Journalist): The employees of Reliance Industries are going to get a big gift before Diwali. The company has decided to bring the salary of the employees back to the pre-Corona era. That means their salary deduction will be eliminated. Not only this, but employees will also be given a Diwali bonus. Reliance Industries…