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Neogen Chemicals IPO subscription status: The public offer was subscribed over four times by afternoon
Neogen Chemicals' Rs 132-crore IPO or initial public offer was subscribed more than four times on Friday. Mumbai-based Neogen Chemicals' IPO, which comprises a fresh issue of shares worth Rs. 70 crore and an offer for sale (OFS) worth Rs. 62
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Read more: Neogen Chemicals IPO Subscribed More Than Eight Times
Write comment (91 Comments)Axis Bank on Thursday reported a net profit of Rs 1,505.06 crore for the quarter ended March 31, as against a net loss of Rs 2,188.74 crore for the corresponding period a year ago. In a regulatory filing, Axis Bank said its total income from operations stood at Rs 18,324.31 crore for the fourth quarter of financial year 2018-19, up 25.86 per cent
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Read more: Axis Bank Reports Profit Of Rs 1,505 Crore In March Quarter
Write comment (98 Comments)Reliance Industries (RIL) shares jumped to clock a new 52-week high on Thursday. On the Bombay Stock Exchange (BSE), the Reliance Industries stock rose as much as 1.5 per cent to Rs 1,410.90, marking the highest intraday level recorded since it went ex-bonus on September 6, 2017. On the National Stock Exchange (NSE), the Reliance Industries share
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Read more: Reliance Industries Hits Record High, Extends Gains To Third Straight Day
Write comment (96 Comments)The Supreme Court on Friday directed the Reserve Bank of India (RBI) to disclose information about its annual inspection report of banks and the list of wilful defaulters under the Right to Information Act (RTI). The bench was
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Read more: "Last Chance": Top Court Orders RBI To Disclose Bank Inspection Reports
Write comment (100 Comments)The minimum amount that can be availed under SBI's personal gold loan is Rs 20,000.
State Bank of India's Personal Gold Loan scheme enables applicants to avail personal loan against pledge of gold ornaments. Eligible forms of physical gold to avail a Personal Gold Loan from SBI include gold coins sold by banks. Individuals at least 18 years in age
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Read more: All You Need To Know About SBI Personal Gold Loans
Write comment (93 Comments)Domestic share markets rose to a one-week high on Thursday, ahead of the expiry of April derivative contracts, with index heavyweights UltraTech Cement and Reliance Industries hitting record highs. The S-P BSE Sensex index jumped as much as 207.54 points to 39,262.22 in late morning deals, the broader NSE Nifty clocked an intraday high of
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Read more: Sensex Rises 200 Points; UltraTech, Reliance Industries Hit Record Highs
Write comment (95 Comments)8.63 lakh Tata Steel shares changed hands, as against a two-week average of 3.74 lakh, BSE data showed
Tata Steel shares jumped 7 per cent amid large volumes on Friday, a day after the company reported its quarterly earnings. The Tata Steel stock rose as much as 7 per cent to an intraday high of Rs 546.50 in morning deals on the National Stock
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Read more: Tata Steel Shares Jump Over 5% After Earnings Announcement
Write comment (97 Comments)However, sovereign gold held steady at Rs 26,400 per eight grams.
Gold prices on Thursday rose by Rs 150 to Rs 32,870 per 10 grams on fresh buying from jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Silver also gained Rs 295 to Rs 38,520 per kg on more offtake by industrial units and coin
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Read more: Gold Prices Break 2-Day Falling Streak: 5 Things To Know
Write comment (99 Comments)Strength in select counters such as Yes Bank pushed the indexes higher amid cautious trade
Domestic stock markets started Thursday's session on a cautious note ahead of the expiry of monthly derivatives contracts amid weakness in Asian peers. The S-P BSE Sensex rose as much as 47.99 points to 39,102.67 and the NSE Nifty moved to 11,749.30, up
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Read more: Sensex Rises Over 70 Points, Nifty Moves Above 11,750
Write comment (91 Comments)Axis Bank, Infosys and Tata Steelshares contributed to the most to the advances on Sensex
Domestic stock markets started Friday's session on a higher note. The S-P BSE Sensex rose as much as 166.77 points to 38,897.63, and the Nifty moved to 11,697.55, up 55.75 points from the previous close. Strength in financial, metal and pharma stocks
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Read more: Sensex Rises Over 150 Points, Nifty Near 11,700; Tata Steel, Axis Bank Up
Write comment (94 Comments)Maruti Suzuki India Ltd forecast a weak rate of growth for the current fiscal year amid an industry-wide weakening of demand, sending the carmaker's shares down as much as 2 per cent.
The country's biggest automaker, majority owned by Japan's Suzuki Motor Corp, said it expected production and sales to grow between 4 per cent and 8 per cent for the
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Read more: Maruti Suzuki Posts 4.6% Dip In Quarterly Profit, Sees Weak Year Ahead
Write comment (91 Comments)IRCTC Tourism, the tourism arm of the Indian Railways, offers tariff from Rs 46,550 per person
IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of five nights and six days to Negombo, Kandy, Nuwara Eliya and Colombo, the tourism arm of the Indian Railways, said on microblogging website, Twitter. The tour,
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Read more: IRCTC Tourism Offers 6-Day Tour To Colombo, Kandy: Details Here
Write comment (99 Comments)SBI or State Bank of India offers a special type of account similar to a recurring deposit (RD). In SBI's Flexi Deposit account, instead of a fixed instalment every month, an investor can decide to change the amount of instalment every month, and even the number of monthly instalments, according to SBI's corporate website, sbi.co.in. The a
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Read more: How SBI's Flexi Deposit Scheme Works
Write comment (91 Comments)Top laggards on 30-scrip Sensex were Tata Motors, Coal India, SBI and Maruti Suzuki.
Domestic stock markets closed in the red on Thursday amid volatility as the monthly derivatives contracts for April expired. The S-P BSE Sensex fell 323.82 points, or 0.83 per cent, to end at 38,730.86, while the broader NSE Nifty finished 84.35 points or 0.72 p
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Read more: Sensex Closes 324 Points Lower, Nifty Settles At 11,642
Write comment (96 Comments)The S-P 500 is just 6 points shy of its intra-day record high of 2,940.91 hit in late September.
The S-P 500 moved closer to its all-time high on Wednesday, while technology stocks nudged the Nasdaq to a record level, as investors took heart from a largely upbeat earnings season.
The S-P 500 is just 6 points shy of its intra-day record
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Read more: Nasdaq Hits Record, S P Nears All-Time High On Upbeat Earnings
Write comment (100 Comments)Operational creditors of IL-FS on Thursday filed an application at the National Company Law Appellate Tribunal (NCLAT) seeking renewal or extension of some bank guarantees which have lapsed.
The appellate tribunal adjourned the case till April 29, 2019.
According to Section 5(20) of the Insolvency and Bankruptcy Code (IBC), an
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Read more: IL FS Operational Creditors Seek Renewal Of Bank Guarantees
Write comment (90 Comments)The United States this week said it would end all exemptions for sanctions against Iran
Brent oil rose above $75 per barrel on Thursday for the first time this year as quality concerns forced the suspension of some Russian crude exports to Europe while the United States prepared to tighten sanctions on Iran.
Brent crude futures were at
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Read more: Brent Oil Hits $75 Per Barrel For First Time In 2019
Write comment (100 Comments)National Anti-Profiteering Authority found P-G had not reduced its prices on many products
Tax authorities have alleged US consumer goods maker Procter - Gamble did not pass on more than $35 million in tax benefits which were meant to have gone to its customers, a senior government official told Reuters on Wednesday.
Separately,
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Read more: Government Alleges P G Kept More Than $35 Million In Tax Benefits: Report
Write comment (97 Comments)EPF investments are meant for salaried individuals.
Employees' Provident Fund (EPF) and Public Provident Fund (PPF) are two types of retirement savings plans. EPF is a mandatory contribution from the salary of an individual that every organization with more than 20 employees has to deduct. On the other hand, PPF is an optional investment avenue
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Read more: Provident Fund Accounts: Types, Interest Rates, All Details
Write comment (100 Comments)GoAir is offering domestic and international flight tickets at a starting all-inclusive price of Rs. 2,765 and Rs. 7,000 respectively in a limited-period sale, according to the airline's official website - goair.in. Bookings under the offer can be made till May 1, 2019, said the private carrier. Under the offer, the cheapest flight ticket is
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Read more: GoAir Offers Flight Tickets From 2,765 Rupees, Details Here
Write comment (93 Comments)On Tuesday, the rupee had appreciated by 5 paise to close at 69.62 against the dollar.
The rupee on Wednesday declined by 24 paise to close at 69.86 against the US dollar, weighed down by a strong dollar sentiment and high demand for the greenback from importers. The domestic currency dropped to more than four-month low of 69.97 in the day
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Read more: Rupee Ends Lower At 69.86 Against Dollar
Write comment (98 Comments)The rupee on Thursday slumped 39 paise to close at more than six-week low of 70.25 against the US dollar, reported news agency Press Trust of India (PTI). Rising crude oil prices and a late sell-off in domestic equity markets led to the fall in
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Read more: Rupee Closes At 6-Week Low Against Dollar: 10 Things To Know
Write comment (94 Comments)Maruti Suzuki India on Thursday reported a net profit of Rs 1,795.6 crore for the quarter ended March 31, meeting analysts' expectations. However, that marked a decrease of 4.6 per cent compared with that of Rs 1,882.1 crore for the corresponding period a year ago. In a regulatory filing on the BSE, Maruti Suzuki India said the quarter was "marked
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Read more: Maruti Suzuki India Reports Profit Of Rs 1,796 Crore For March Quarter
Write comment (96 Comments)Bharti Airtel offers a number of postpaid plans for its subscribers. Airtel offers plans in a range of Rs. 399 to Rs. 1,199 per month, according to the telecom major's official website, airtel.in. With these packs, the operator offers benefits such as subscription to Amazon Prime Video and Netflix, along with regular benefits of unlimited calling
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Read more: Bharti Airtel Postpaid Plans: Prices, Benefits, Other Details Here
Write comment (97 Comments)Online railway ticket booking: In case of senior citizens, IRCTC offers concession on fares.
IRCTC or Indian Railway Catering and Tourism Corporation, the e-ticketing arm of Indian Railways, has set certain rules for booking and cancellation of train tickets. Passengers can book a ticket up to 120 days in
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Read more: Railways' Rules For Online Ticket Reservation And Cancellation Explained
Write comment (94 Comments)Nifty metal and auto indices were down by 1.35 and 0.53 per cent respectively.
Domestic stock markets swung between gains and losses on Thursday, ahead of the expiry of April derivative contracts, and tracking weakness in Asian peers. The S-P BSE Sensex rose as much as 207.54 points to hit 39,262.22 and slipped as much as 65.23 points to an
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Read more: Sensex, Nifty Turn Choppy Amid Cautious Trade
Write comment (98 Comments)The chemicals manufacturer has set a price band of Rs. 212-215 for the initial public offer
Neogen Chemicals' Rs 132-crore IPO or initial public offer was subscribed 26.97 per cent at the end of the first day. Mumbai-based Neogen Chemicals' IPO, which comprises a fresh issue of shares worth Rs. 70 crore and an offer for sale (OFS) worth Rs. 62
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Read more: Neogen Chemicals IPO Subscribed 27% On Day 1
Write comment (98 Comments)Tax authorities have alleged that a number of big multinational companies have not passed on benefits from a tax cut to customers, a senior government official told Reuters.
The official said, for example, that the tax authorities have alleged that US consumer goods maker Procter - Gamble did not pass on more than $35 million in tax
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Read more: Tax Authorities Allege Multinationals Didn't Pass On Tax Benefits: Report
Write comment (93 Comments)Neogen Chemicals is a manufacturer of bromine- and lithium-based specialty chemicals
Neogen Chemicals' Rs 132-crore IPO or initial public offer was subscribed more than two times on Thursday. Mumbai-based Neogen Chemicals' IPO, which comprises a fresh issue of shares worth Rs. 70 crore and an offer for sale (OFS) worth Rs. 62 crore, opened for
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Read more: Neogen Chemicals IPO Subscribed More Than Two Times
Write comment (91 Comments)Post office bank account: India Post Payments Bank offers three kinds of savings accounts
Did you know you can open five kinds of savings and current accounts at the post office While India Post - which operates a network of more than 1.5 lakh post offices and over three lakh postmen across the country - provides a savings account, known as Post
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Read more: Five Types Of Savings, Current Accounts You Can Operate In A Post Office
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