Investment in Lakshmi Vilas Bank done through family wealth office: Rajesh Sharma, Capri Global
The 4.9% stake acquired at various points of time at different price points, from Rs 64 to Rs 14.
Top shadow banks soothed by yield-hungry global funds
The government needs a healthier shadow banking sector as it tries to boost economic gr...
Buy HDFC, price target Rs 2,360: Kunal Bothra
The analyst suggested a stoploss at Rs 2300.
Share market update: Vodafone Idea, HUDCO among top losers on BSE
In the Nifty pack, 25 stocks were in the green, while 25 stocks were in the red.
5 stocks that are buzzing on F&O traders’ radar
Some fatigue is also visible in individual counters, with no major build-up of long positions.
States demand pending GST compensation
Finance ministers of Delhi, Punjab, Puducherry and MP, and representatives of Kerala, Rajasthan, Chhattisgarh and West Bengal met Nirmala Sitharaman and said the delay in GST compensation transfer has put them in an acute financial position. MP commercial tax minister Brajendra Singh Rathore said the Centre owes nearly Rs 3,000 crore to the state for August-November.
Centre pushes for eNAM in states without APMCs
Nirmala Sitharaman recently asked states to scrap APMCs and join eNAM to help farmers get better price realisation of their produce. APMC is a marketing board meant to moderate prices and prevent big traders from exploiting farmers. Officials said business transactions are growing and more than 150 commodities are being traded on the electronic platform.
More independent directors earn in crores now
There were 43 independent directors who earned more than Rs 1 crore from a single company.
Bond yields down, but only for top-rated companies
“There is a paradox in the bond market,” said Pratapsingh Nathani, Beacon Trusteeship.
Brokers advise clients to buy share of SBI ahead of credit card unit’s IPO
SBI shareholders likely to have better chance of getting allotment even if they hold one share.
Social obligation costs should be excluded from Operating Ratio to reflect true picture of Railways' finances: Piyush Goyal
The Indian Railways recorded its worst operating ratio in 10 years in 2017-18 at 98.44 per cent, the Comptroller and Auditor General (CAG) said in a report tabled in Parliament on Monday.
Hear Bajaj Finance plea: SAT to Sebi
Bajaj Finance’s petition before SAT on Monday had called on Sebi to hear its concerns.
Bharat Bond ETF gets cabinet nod
Bharat Bond ETF is expected to create an additional source of funding for Central Public Sector Undertakings (CPSUs), Central Public Sector Enterprises (CPSEs), Central Public Financial Institutions (CPFIs) and other government organisations. Bond ETF will provide safety, liquidity and predictable tax efficient returns, the government said.
Market Movers: What changed for D-Street while you were sleeping
Here’s breaking down the pre-market actions.
Will consider suggestions for personal I-T cut: Finance minister Nirmala Sitharaman
Her comments on personal income tax rates came in response to a question from TMC member Saugata Roy during a discussion in Lok Sabha where she was piloting the bill to amend corporate tax rates. She said she valued everybody who earned their living, paid their tax and took care of their family and business. “So, personal income tax will be considered for its merit.
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