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New Delhi, April 2 (SocialNews.XYZ) The Reserve Bank of India (RBI) has issued a compounding order on February 20 this year under Section 15 of the Foreign Exchange Management Act (FEMA), 1999, in the Rs 4.1 crore case filed against Vikram Mundlur, which has resulted in the termination of adjudication proceedings against him for contraventions of provisions of FEMA, 1999. The order has been passed by the RBI after issuance of a "no objection" statement by the Enforcement Directorate (ED) which ...Read More >
HDFC Pension aims to double its subscriber base in the coming years, targeting the youth and unorganized workforce to enhance retirement readiness across India. The company is focusing on expanding distribution, driving awareness, and innovating products to make NPS accessible and appealing, especially with recent regulatory reforms making it more flexible. HDFC Pension Management Company Limited aims to strengthen retirement readiness across India and double its subscriber base within the next ...Read More >
Pune (Maharashtra) [India], September 30: For investors looking to participate in the potential growth of companies across the large, mid and small cap markets, a flexi cap fund may be a potentially suitable option. Unlike category-specific funds, a flexi cap fund offers fund managers flexibility to allocate investments based on market conditions and potential opportunities. Flexi cap funds may provide investors with exposure to relative stability from large caps as well as potential growth from ...Read More >
NewsVoirPune (Maharashtra) [India], September 30: For investors looking to participate in the potential growth of companies across the large, mid and small cap markets, a flexi cap fund may be a potentially suitable option. Unlike category-specific funds, a flexi cap fund offers fund managers flexibility to allocate investments based on market conditions and potential opportunities. Flexi cap funds may provide investors with exposure to relative stability from large caps as well as potential gro ...Read More >
The Delhi Jal Board has also slashed surcharge rates from 5% to 2% per billing cycle. In a big relief for lakhs of Delhi households reeling under inflated water bills, the Delhi government on Friday announced a 100% waiver on late payment surcharges for domestic consumers and government establishments. The scheme will roll out next month, likely around Diwali or Karwa Chauth, and will remain open until March 31, 2026, Water Minister Parvesh Verma said after chairing a Delhi Jal Board meeting. ...Read More >
New Delhi, Sep 15 (SocialNews.XYZ) Indian equities, under the Nifty50 basket, have delivered a compound annual growth rate (CAGR) of 14 per cent over the past 20 years, multiplying investors' wealth by 13 times, according to a report released on Monday. Gold, meanwhile, slightly outperformed equities with a 14.7 per cent CAGR, growing 16 times during the same period. In comparison, real estate and the debt market generated more modest returns, compounding annually at 7.7 per cent and 7.5 per c ...Read More >
New Delhi, Jul 17 (PTI) The Delhi High Court has directed Wipro Limited to pay Rs 2 lakh compensation to a former employee sacked with defamatory remarks in the termination letter. Justice Purushaindra Kumar Kaurav on July 14 expunged the contentious remarks on the professional character of the employee and asked the company to issue him a fresh termination letter. "Termination letter, replete with stigmatic language and bereft of any foundation, constitutes actionable defamation. The remarks ...Read More >
Bhubaneswar, July 17 (UNI) The Criminal Investigation Department (CID) of Odisha police on Thursday arrested two fraudsters on the charge of cheating Rs 1.56 crore from a woman in Odisha's Cuttack district on the pretext of higher returns in online gaming platforms. The CID sleuths acted on a complaint filed by Mamata Rout (38), a native of Balisahi village under the Salipur police station jurisdiction of Cuttack, alleging that she was cheated to the tune of Rs 1.56 crore by the accused persons ...Read More >
New Delhi [India], July 7: A SIP Calculator is a powerful tool that helps plan investments wisely and track money growth over time. It estimates returns based on regular investment amounts and tenure, providing a clear view of financial progress. This insight enables confident financial planning and informed decision-making, supporting long-term wealth creation through systematic investment. Also Read | Are Football Clubs Insured When a Player Dies: What Happens in the Aftermath of a Tragedy Li ...Read More >
VMPL New Delhi [India], July 7: A SIP Calculator is a powerful tool that helps plan investments wisely and track money growth over time. It estimates returns based on regular investment amounts and tenure, providing a clear view of financial progress. This insight enables confident financial planning and informed decision-making, supporting long-term wealth creation through systematic investment. What is a SIP Calculator? A Systematic Investment Plan (SIP) calculator is a convenient online to ...Read More >
New Delhi: After Steller debut Emkay Global has shown confidence in HDB Financial Services, setting a target price of Rs 900 per share and giving a 'Buy' rating. This target shows a possible upside of about 22 percent from the IPO issue price of Rs 740. Strong Market Debut On July 2, HDB Financial Services made an strong debut on the stock market, listing at Rs 835 per share -- a 13 percent premium over its IPO price. This strong start shows robust investor interest and confidence in the compa ...Read More >
New Delhi: For many, the world of investing can seem complex and intimidating, especially for first-time investors. With countless options, market volatility, and jargon-heavy communication, the journey often begins with hesitation. However, a Systematic Investment Plan (SIP) simplifies this process by offering a structured, long-term, and low-barrier entry into mutual fund investments. SIPs allow investors to contribute a fixed amount regularly into mutual funds, encouraging consistent investi ...Read More >
Amante Capital, KKR's dedicated European hospitality platform, will serve as managing partner to the joint venture LONDON--(BUSINESS WIRE)--Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International (NASDAQ:MAR) hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR's vertically integrated European hospitality platform, will serve as managing partner for th ...Read More >
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