The State Bank of India (SBI) has recently announced a customer-friendly update regarding the exchange of Rs 2000 notes. In a move to streamline the process and enhance convenience for the public, SBI customers can now exchange Rs 2000 notes up to Rs 20,000 without the need for a requisition slip or any form. Additionally, …
SBI Eases Rs 2000 Note Exchange Process: No Slip or ID Proof Required Read More »
The Central Board of Direct Taxes (CBDT) recently introduced new guidelines that have significant implications for online gaming platforms and players. These guidelines aim to address taxpayers’ concerns and clarify the taxation rules surrounding online gaming winnings. In this article, we will provide a comprehensive overview of the CBDT guidelines and their impact on online …
New CBDT Guidelines for Online Gaming Winnings: What You Need to Know Read More »
Life Insurance Corporation (LIC), the state-run insurance behemoth, has recently released its impressive financial results for the fourth quarter ending March 2023. The company witnessed a significant surge in consolidated net profit, which has positively impacted the LIC share price. Additionally, LIC’s board has recommended a dividend payout, further enhancing investor confidence. This article will …
LIC Shares Surge After Reporting 5x Jump in Q4 PAT and Announcing Dividend Read More »
SpiceJet, an Indian airline, experienced a significant surge in its share price, climbing by nearly 8% on May 24th. This upturn comes as a relief after six consecutive days of declining share values. The positive momentum was primarily fueled by recent announcements, including the revival of four grounded aircraft by June 15th and a second …
SpiceJet Shares Witness 7% Rebound Following Six Consecutive Declines Read More »
Jeff Bezos, the Amazon founder, and Lauren Sánchez, an Emmy-award-winning news anchor and pilot, have recently become engaged. After dating since 2019, Bezos, 59, proposed to Sánchez, 53, while vacationing on his $500 million yacht in Cannes. This report delves into their relationship, the engagement, and their shared interests. The Engagement Jeff Bezos proposed to …
Jeff Bezos Proposes to Lauren Sánchez with a $2.5 Million Engagement Ring Read More »
Ola Electric, a prominent electric scooter manufacturer, has recently concluded a funding round, securing $300 million in investment. According to sources in merchant banking, the company’s valuation is expected to reach $6 billion following this funding round. In January 2022, Ola Electric raised $200 million at a $5 billion valuation from investors such as Tekne …
Avanti Feeds, a leading player in the seafood industry, has announced its financial results for the fourth quarter of the fiscal year 2022-2023. The company reported a consolidated net profit of Rs 93.34 crore, reflecting a growth of 10.65% compared to the net profit of Rs 84.35 crore recorded in the corresponding period of the …
In a significant move to combat black money and counterfeit currency, the Reserve Bank of India (RBI) decided to withdraw the INR 2000 notes from circulation. This decision had far-reaching consequences on the economy and society. In this article, we will explore six key aftereffects of the INR 2000 note withdrawal by RBI. Curbing Black …
6 Aftereffects of INR 2000 Note Withdrawal: Impact on Economy and Society Read More »
Kirloskar Industries, a prominent company, witnessed a significant surge in its stock price on May 23, 2023, as it released its financial results for the fourth quarter and announced a generous dividend for the fiscal year 2022-23. The shares of Kirloskar Industries soared by 15 percent, reaching Rs 2,913.70 per share on the BSE exchange. …
Kirloskar Industries Q4 Results: Net Profit Surges, Declares 110% Dividend Read More »
Stocks to watch today: Here are some stocks that may be of interest on Wednesday, May 24: Ashok Leyland: Ashok Leyland, a commercial vehicles maker, reported a significant increase in consolidated net profit for the fourth quarter ending March 31, 2023. The net profit surged over five-fold to Rs 802.71 crore, driven by strong sales. …
