The finance ministry on Friday released a paper suggesting changes in the monthly GST payment form and sought industry comments by September 15. The GST Council in its meeting last month recommended that the changes in GSTR-3B or monthly tax payment form be placed in public domain for seeking inputs and suggestions of the stakeholders. [...]
Multibagger Stock: The shares of PC Jeweller Limited zoomed 9.97% on Friday’s early trades and got locked at an upper circuit. Moreover, they have reached a fresh 52-week high of ₹ 47.45 apiece. The shares have rallied by a whopping 56.86% in the past week. This means that if investors would have invested ₹ 1,00,000 [...]
Till the afternoon of Friday's trading session, the Nifty 50 was trading higher by 14.5 points or 0.09% at 15,953. The BSE Sensex gained 37.06 points or 0.06% and was at 53,455.53. With markets trading in the green, here are two Adani group stocks that have reached a fresh 52-week high today. Adani Enterprises Ltd [...]
Yes Bank has selected JC Flowers ARC as partner to form an asset reconstruction company to sell bad loans of the bank valuing Rs 48,000 crore. The lender said it has signed a binding term sheet with JCF ARC LLC and JC Flowers Asset Reconstruction Pvt Ltd (JF Flowers ARC) for strategic partnership in relation [...]
The corporate funding in the global solar sector has declined by 11 per cent year-on-year to USD 12 billion in January-June 2022, a Mercom Capital report released on Friday said. Corporate funding includes venture capital and private equity (VC), debt financing, and public market financing. "Total corporate funding (including venture capital funding, public market, and [...]
Federal Bank on Friday posted about 64 per cent jump in net profit at Rs 600.66 crore for June quarter of financial year 2022-23. The private sector lender had logged a net profit of Rs 367.29 crore in year-ago period. In the previous March quarter, the bank's net profit was Rs 540.54 crore. Total income [...]
The border indices opened in green on the last trading session of the week. The Sensex was up 280.27 points or 0.52% at 53696.42, and the Nifty was up 84.30 points or 0.53% at 16023. Amid the volatility in the market, here are some of the Tata group stocks that have fallen the most and [...]
The Indian advertising market is forecast to grow by 16 per cent in 2022 to reach USD 11.1 billion (Rs 88,639 crore), becoming the fastest growing market globally, a report said on Thursday. This would lead to over 14.5 per cent growth by TV and 31.6 per cent on the digital side, said Dentsu Global [...]
Adani group Chairman Gautam Adani on Thursday said the group has won the tender for privatization of a port in Israel in partnership with Gadot. "Delighted to win the tender for privatisation of Port of Haifa in Israel with our partner Gadot. Immense strategic and historical significance for both nations,” Adani said in a tweet. [...]
Bank credit grew by 13.29 per cent to Rs 123.81 lakh crore and deposits by 9.77 per cent to Rs 169.61 lakh crore in the fortnight ended on July 1, RBI data showed. In the fortnight ended June 2, 2021, bank advances stood at Rs 109.28 lakh crore and deposits at Rs 154.51 lakh crore, [...]
