A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money. Top 8 Objectives of…
Continue ReadingShare market is full of speculation. The Securities and Exchange Board of India (SEBI) is the governing body that regulates the stock market. It looks after the interest of the traders and investors. It often happens that the traders and investors suffer a good amount of loss due to speculation activities in the stock market. In…
Continue ReadingReliance Jio’s arm, Reliance Projects and Property Management Services (RPPMSL), has completed 100 per cent stake acquisition in Reliance Infratel for about Rs 3,720 crore, Reliance Industries Limited said on December 22. The Mukesh Ambani-led telecom subsidiary had placed a bid of Rs 3,720 crore in November 2019 to acquire the tower and fibre assets…
Continue ReadingBajaj Finance Ltd, the non-banking financial company (NBFC) with a focus on consumer loans, has underperformed the benchmark Sensex and Nifty indices in 2022, the first time it has done so in 14 years. The company has been a darling of investors despite valuations being steep at times. So far this year, both the Sensex…
Continue ReadingThe anchor book allocation of K-Fin Technologies (KFINT), the registrar and transfer (R&T) agent that floated an Initial Public Offer (IPO) on December 19, shows that just eight fund houses (all serviced by KFINT) received allocation of shares. KFINT is one of the two largest R&Ts in the Rs 40-trillion Indian mutual fund (MF) industry.…
Continue ReadingLife Insurance Corporation of India has increased its shareholding in leading asset management company HDFC AMC by buying additional shares via open market transactions. Both the companies intimated to exchanges about the transactions via regulatory filings on December 15. LIC has bought an additional 43.27 lakh equity shares, or a 2.03 percent stake, in HDFC…
Continue ReadingPremium automotive retailer Landmark Cars is set to float its initial public offering (IPO) on December 13. The price band for the offer, which will close on December 15, is set at Rs 481-506 apiece. Investors can bid for a minimum of 29 shares and in multiples of 29 shares thereafter. The Rs 552-crore float…
Continue ReadingMany of us invest our hard-earned money in the stock market by taking risks and thinking of making good returns. But a lot of us don’t know that investing in the stock market can turn out to be risky due to price fluctuations of securities like currency, commodities, equity, etc. During these times, anyone may…
Continue ReadingLearn How to Safeguard Against Demat Account Fraud Ever since the concept of demat account has been introduced by the Securities and Exchange Board of India (SEBI), it has been a game changer in stock trading. Dematerialised trading eliminated the risk of bad delivery, fake share certificates, delays, thefts and counterparty risk. While demat account…
Continue ReadingGold has always been a preferred investment option for Indians. It is a highly liquid asset and has the potential to generate good returns in the long term. However, holding gold in physical form has many drawbacks. The safety of holding gold in physical form is one of the main concerns. To overcome the risks…
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