Bharat Heavy Electricals Ltd (BHEL) share price tumbled as much as 18 per cent to Rs 62.55 apiece in intraday on BSE, after the company reported lower-than-expected Jan-Mar quarter results. At NSE, the stock plummeted 20 per cent. BHEL’s...
Running a side business is a great way to create another source of income for you and if done properly, this side business can even help you to make a lot of money if you plan accordingly. It is also important to know the fact that you have to...
.jpg "Four Companies to Launch IPOs Next Week worth Rs 9123 Crore")
After a two-month hiatus, the IPO market is picking up steam, with four companies conducting IPOs next week, raising a total of Rs 9,123 crore. Macrotech Developers (formerly Lodha Developers) had its most recent initial public offering (IPO)...
The government plans to bring in a clutch of anchor investors to invest up to Rupees 25,000 crore in the shares of Life Insurance Corp. of India (LIC) in its planned mega initial public offering (IPO), said two people, including a top central...
Overseas investors poured in a net Rs 13,424 crore so far in the month of June as risk-on sentiment improved amid a decline Covid-19 cases and expectations of early opening of the economy. As per depositories data, foreign portfolio investors...
The Reserve Bank of India (RBI) approved an increase in the interchange fees per transaction using automated teller machines (ATMs) for financial transactions from 15 to 17 on Thursday. The costs for non-financial transactions have been raised...
With decline in the number of fresh COVID-19 cases and easing of restrictions, the country’s gross domestic product (GDP) will grow at 8.5 per cent in FY2021-22, according to credit rating agency Icra Ratings. It expects the gross value...
The labour market is in its worst condition since the nationwide lockdown in the months of April and May 2020, the Centre for Monitoring Indian Economy said in a report. As per CMIE data, the unemployment rate that reached 11.9 per cent in May,...
As we are approaching the end of what has been a tough 6 months, with COVID-19 disrupting lives and economies across the world. The energy market was greatly affected by the pandemic as well, and lockdowns may need to be extended till the end of...
.png "What does an Employer and Employee need to know about EPFO")
Employee Provident Fund (EPF/PF) is an initiative by the Government savings fund scheme for employees for the future. This is where the employee gets a contribution of 12% of the basic salary plus DA also and PF is mandatory for all employees....
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