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29th Mar 2023
The company received US FDA approval for new drugs. About the Approval The pharma company LUPIN has enclosed a press release regarding the receipt of tentative approval from the US FDA for the company’s Abbreviated New Drug Applic
What has been the big mutual fund story or narrative in the last 3 years. In fact, if you look at the post-COVID period, the mutual folios have seen tremendous growth as a new breed of millennials have entered the market. However, the bigger narrativ
There has been a constant debate over which is a better way to buy gold in non-physical form? Is it gold ETFs or is it the sovereign gold bonds. To be fair, gold bonds paid interest at around 2.5 per annum on the value of the cost price of the gold
28th Mar 2023
For those who were struggling to complete their demat nomination by 31sts March 2023, there is some relief as the deadline has now been put off till 30th September 2023. However, there are a number of very important changes that are going to be effec
In the last few years, if there has been one major domestic institutional investor that has influenced the direction of the market, it is the LIC. Consider the numbers. It has assets under management of Rs42 trillion. That makes the LIC larger than t
When the Finance Bill (the bill that gives effect to the Union Budget) was passed in parliament in the previous week, there were some surprising changes. For instance, debt STT rates were raised across futures and options by 25 compared to the previ
27th Mar 2023
In its meeting held on 23rd March 2023, the board of directors of Indraprastha Gas Ltd (IGL) has approved an Interim Dividend pay-out of Rs10/- per equity share of face value of Rs2/- each. For the purpose of interim dividend eligibility, the record
When the Finance Bill was passed last week in the Parliament, officially giving effect to the Union Budget 2023-24, there were some key amendments with far reaching implications for the financial markets. The first, of course, pertains to the spike i
Avalon Technologies Ltd is a company with a 24 years pedigree. The company was incorporated in the year 1999 as a fully integrated Electronic Manufacturing Services (EMS) company. EMS companies typically specialize in manufacturing niche electronic p
When Wal Mart was first started in the 1950s by Sam Walton, he quickly realized that he had to turn the retail model on the head. The old model was just too static and the need of the hour was a more dynamic retail model. But how do you create such a
When we think of star hotels in India, our first thoughts are the swanky located near major airports in Mumbai, Delhi, Chennai, Bengaluru etc. Alternatively, the enduring image are those posh high-rise hotels in iconic locations like Nariman Point an
Nifty 50 began higher on the first trading day of the week, supported by strong global signals. In this post, watch out for strong breakout stocks as of Monday. As compared to its Friday close of 16,945.05, Nifty 50 opened higher on Monday at 16,9
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