Housing finance company Aadhar Housing Finance initial public offerings (IPO) will open for subscription on May 8 and will close on May 10. The mainboard segment IPO has set at ₹300 to ₹315 per share. Ahead of the issue, Aadhar Housing Finance IPO is commanding a premium of ₹51 per share in the grey market … Read more
Finance Minister Nirmala Sitharaman has refuted media reports that said the new government will bring some sweeping changes in the income tax system after the Lok Sabha election results. The finance minister took to social media platform ‘X’ and said, ‘’Wonder where this is come from. Was not even double checked with Finance Ministry. Pure … Read more
The stock market experienced volatility throughout last week, ultimately ending nearly unchanged amid conflicting signals. While the overall sentiment was positive initially, fluctuations in global markets coupled with declines in certain major stocks offset much of the gains. Also Read: US Fed to hold rates at 23-year high-mark until inflation cools, slows pace of balance … Read more
There’s chemistry that sets the hero literally on fire. Witty repartee through the film that will make you smile as you munch on popcorn (cheese and caramel for me!). There’s non-stop action (and not CGI) that will make your jaws drop (watch out for the popcorn!). And yes it is perhaps a coincidence that the … Read more
(Bloomberg) — Institutional Shareholder Services urged Boeing Co. investors to vote against a $32.8 million pay package for its chief executive officer, citing concerns over a special equity award and a “sizable increase” in his long-term incentive grant. CEO David Calhoun’s 45% pay jump from the prior year should be rejected at the company’s annual … Read more
SEBI’s move has made bonds easily accessible to retail investors, and at this time, when interest rate reversal is expected in the markets, experts say Indian retail investors should look towards bond investments along with their equity build-up. Also Read: Will investing in bonds be made easier in India? How will SEBI’s move impact the … Read more
Warren Buffett’s Berkshire Hathaway has trimmed cut its massive stake in tech giant Apple Inc for the second straight quarter. In its first-quarter earnings report, Berkshire Hathaway reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. This marks a decline of around 13 per cent in the stake. Apple still … Read more
I own two houses. Both are taken on housing loans. I stay in the first house, and my parents remain in the second house. Can I take tax benefits for both properties? Can I also avail of the tax benefit for stamp duty and registration charges paid for the second property purchased in March 2024? … Read more
The year is 2034. America’s “magnificent seven” firms make up almost the entirety of the country’s stockmarket. For Jensen Huang, the boss of Nvidia, another knockout quarterly profit means another dizzy proclamation of a “tipping point” in artificial intelligence. Nobody is listening. The long march of passive investing has put the last stockpickers and stock-watchers … Read more
No sooner had the new financial year started than the income tax return (ITR) filing process commenced for FY 2024. The income tax department (ITD) has already enabled all the return filing forms – ITR-1, ITR-2, ITR-4 and ITR-6 — for filing the returns at the e-filing portal. The department has released the excel utility of … Read more