- Business
- December 27, 2024
Budget 2025: Income Tax Relief For People Under Rs 15 Lakh CTC? See Report
India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February’s budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters. The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs, if they opt for a 2020 tax…
- Business
- December 27, 2024
Mamta Machinery Market Debut: Check Out Stock Price, Minimum Lot Size, Etc
Mamta Machinery made its market debut today, 27th December 2024. The plastic bag manufacturer made its IPO debut on December 19, 2024. Against its price of Rs 243, the stock of Mamta Machinery was listed at Rs 600 apiece, a gain of over 100 per cent. Mamta Machinery: IPO Mamata Machinery IPO was a book built-issue, whose bidding began on December 19, 2024…
- Business
- December 27, 2024
Tata Sons Chief Chandrasekaran Mourns Manmohan Singh’s Demise: Here’s What He Said
Former prime minister Manmohan Singh was one of the stalwarts who envisioned a new, liberalised India that is taking its rightful place in the world, Tata Sons Chairman N Chandrasekaran said on Friday. In his condolence message, Chandrasekaran said late Singh’s inspiring leadership earned him respect across the world. “We mourn the passing away of former Prime Minister Dr Manmohan Singh, one of…
- Business
- December 27, 2024
Transrail Lighting Market Debut: Check Out Stock Price, IPO Details, Etc
Shares of Transrail Lighting Ltd surged nearly 37 per cent on the first day of trading on Friday against the issue price of Rs 432. Transrail Lighting Stocks Debut: Details The stock listed at Rs 585.15, reflecting a jump of 35.45 per cent from the issue price on the BSE. Later in the trade, it soared 39.81 per cent to Rs 604. Shares…
- Business
- December 26, 2024
‘New Era Of Indian Manufacturing…’ Tata Sons Chairman N Chandrasekaran
Tata Sons Chairman N. Chandrasekaran on Thursday said that India‘s economy is strong and that the great trends of change are in India’s favour. In his New Year 2025 message to Tata Group employees, Chandrasekaran said the group plans to create 5 lakh jobs in manufacturing in the next 5 years. Remembering 2024 as the year ‘we lost Ratan Tata’ Chandrasekaran said that…
- Business
- December 26, 2024
Vedanta Share Price Target 2025: Demerger Approaches – Buy, Sell or Hold? Brokerage View
Anil Agarwal-led Vedanta Limited has announced the revision of its demerger scheme with which the new entity will not have the base metal company of the parent as it will maintain the status quo. With this update, the brokerage firms are reassessing their rating on the stock. So amid these developments, should you buy, sell, or hold your Vedanta stock? Here’s what Emkay…
- Business
- December 26, 2024
Bombay HC Extends ITR Filing Deadline: Check New Dates Here
The Mumbai High Court has postponed the last date to file income tax from December 31, 2024, to January 15, 2025. The delay is to ensure the citizens get maximum benefits under Section 87A. What Did The High Court Say? In a case titled, The Chamber of Tax Consultants through it’s President Vijay Bhatt … Petitioner V/s. Director General of Income Tax (Systems)…
- Business
- December 26, 2024
‘Start-up Romance…’: Edelweiss’s Radhika Gupta Bursts Startup Bubble
MD & CEO Edelweiss Mutual Fund, Radhika Gupta posted on X, busting the romaticised startup culture in India. She gave a reality check to those who want to potentially foray into the startup world. Radhika Gupta: Take On Startups “There is now an increased air of “start-up romance”. That paints start up life as working in chiller attire out of a fancy…
- Business
- December 26, 2024
DAM Capital IPO Listing Price Prediction: What Does GMP Indicate?
DAM Capital IPO: The initial public offering (IPO) of DAM Capital Advisors, which concluded on December 23, has garnered strong interest among retail and institutional investors. The Rs 840.25 crore offering, structured entirely as an offer for sale (OFS) of 2.97 crore shares, saw a stellar response, with the subscription rate surging to 81.88 times the share sale price by the final day. Ahead…
- Business
- December 26, 2024
India to Drive Global Oil Demand Growth Till 2035: Report
New Delhi [India], December 26 (ANI): India is set to lead global oil demand growth until 2035, according to a recent report by the International Energy Agency (IEA).The report highlighted that India will add nearly 2 million barrels per day (mb/d) to global oil demand during this period, making it the primary growth driver of the entire industry.It said “India becomes the main…
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