Sebi makes nomination optional for joint mutual fund portfolios Source:-Zee Business The regulator has set June 30, 2024, as the deadline for all existing individual mutual fund holders to nominate or opt out of nomination. If they fail to comply,…
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Despite a slight dip in April, India’s manufacturing sector, as per HSBC’s PMI report, maintains robust growth. Buoyed by sustained demand, manufacturers exhibit resilience amidst escalating costs and optimistic outlook.
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Invest India forecasts India’s e-commerce to soar to $325 billion by 2030, fueled by 500 million shoppers and robust internet penetration. The country’s digital transformation is driven by affordable data, smartphone usage, and a focus on rural e-commerce growth.
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Indus Towers expects cash flows to improve in FY25 as it’s confident of quickly recovering its backlog of past dues from key customer, Vodafone Idea (Vi), especially as the latter has recently raised Rs 18,000 crore via the follow-on public…
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Jindal Stainless unveiled a Rs 5,400 crore investment plan focusing on expanding its melting and downstream capacities. This includes a joint venture in Indonesia for a stainless steel melt shop, expected to increase melting capacity by 40%. Additionally, investments in…
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The demand has been issued by the Deputy Commissioner of the tax department in Hyderabad. “The tax officer has denied input tax credit of Rs 21,240 availed by the company and raised the… demand,” the filing said.
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