Tata Group worth over $365 billion is now bigger in size than Pakistan’s GDP
New Delhi: The combined market capitalization of Tata group companies is now bigger than Pakistan’s gross domestic product (GDP).As per the latest data, the salt-to-software conglomerate has achieved an impressive market capitalization of over $365 billion or Rs 30.3 lakh…
Paytm shares hit upper circuit, up nearly 5% as RBI eases deadlines
New Delhi: shares Of One97 CommunicationsOwnership PaytmKill upper circuit on Monday as Enhanced Up 5% in morning trade. The stock hit Rs 358.55 and Rs 358.35 on BSE and NSE, respectively.Paytm’s recent deal with Axis Bank for merchant payment settlement…
Nifty reaches all-time high; Financial, energy stocks rose
New Delhi: nifty 50 It hit an all-time high of 22,186.65 points in early morning trade on Monday, mainly driven by. financial situation And energy reserves, bse sensex It also rose 0.34% to 72,679.55, just 800 points away from its…
Thai 2023 GDP to grow at 1.9%, slower than expected
Bangkok: Thailand’s gross domestic product (GDP) grew by 1.9% 2023The planning agency said on Monday, higher tourist numbers And private consumption The cuts were caused by declines in manufacturing and public spending. weaker than expected Development The issue of an…
Use systematic withdrawal plans to meet monthly cash flow requirements
Financial planners believe investors may be set up systematic withdrawal plan (SWP) from them mutual fund scheme to get a monthly cash flow, This is one of the most tax efficient Ways to supplement monthly cash flow and investors can…
‘Lifestyle’ inflation trumps essentials – Times of India
Mumbai: lifestyle inflation – Where consumers move towards higher quality products – he has gone ahead price rise In essential items Every year from FY18 onwards. While lifestyle is a reflection of inflation demand which is usually targeted policy ratesThe…
Banks hand over microfinance land to NBFCs
Mumbai: Banks’ share in arrears Loan To microfinance Companies have fallen from 40% in September 2021 to 31% in September 2023. banks Lost it market share For non-banking finance companies and small finance banks, both these categories of lenders increased…
Byju’s investors to meet on Friday to oust the board
Mumbai: On Friday, shareholders of Byju’s parent company Think & Learn are expected to gather for a special meeting called by a group of investors to oust them. edtech startupThe founder led the board of Byju Raveendran,To oust the three-member…
Quess Corp to split into three listed companies
Bengaluru: Fairfax Financial Holdings-controlled Quess Corporation Said it would be split into three separate listed entities. Focus will be on Quess Corp workforce management, Digitide Solutions It has BPM solutions, insurtech and HRO businesses, and BlueSpring Enterprises has facilities management…
Big consumer divide: mass market lags behind, premium end rises
Mumbai: This is the major breakdown of consumption in India: discretionary spending Markets remain bearish at large, but premium end An analysis of comments made by companies in December quarter earnings calls shows that company performance looks good.For example, Bata…