The Bajaj Housing Finance IPO has generated immense excitement, attracting a whopping Rs 6,560 crore in bids. With a staggering subscription rate of 67.43 times, investors are keen to see if they’ve secured shares. Here’s how you can check your IPO allotment status: Through BSE Website: Visit the BSE website. Click on ‘Equity’. Select ‘Bajaj…
Jaguar Land Rover Sales Slowdown Worries Investors Tata Motors’ shares dropped by 5% on September 11, driven by concerns over its luxury arm, Jaguar Land Rover (JLR). UBS Securities maintained its “sell” recommendation, warning of a 20% potential downside due to weaker margins in JLR and domestic passenger vehicles. The brokerage highlighted that demand for…
Looking to invest in property? Chennai, Ahmedabad, and Kolkata offers the best value in 2024 with low (P/I) ratios, which makes them top picks for affordable residential investments. While Mumbai and Delhi face high property costs, Bengaluru stands out for strong rental yields, with a 4.45% return in Q1 2024, driven by high demand in…
On Monday, the GST Council, led by Finance Minister Nirmala Sitharaman, will talk about lowering the 18% GST on health and life insurance premiums. While many support this move, there’s worry that insurers might keep the savings rather than passing them to consumers. Insurance costs have already risen after COVID, and with anti-profiteering laws gone,…
Misuse of Funds Seals Fate for Smartphone Maker OSOM Products an tech startup born from Essential’s ashes, is closing its doors this week. The company’s CEO, Jason Keats, is accused of squandering funds on personal luxuries, including two Lamborghinis and racing expenses. Following a lawsuit by former Chief Privacy Officer Mary Stone Ross, OSOM will…
Cricketer Financial Contributions Shine Bright Virat Kohli has set a remarkable benchmark by paying tax INR 66 crore last year which makes him the highest tax paying sportsperson of India. Following him are MS Dhoni paying INR 38 crore, and Sachin Tendulkar paying INR 28 crore. Despite of his impressive earnings, Rohit Sharma didn’tis not…
Top 20 Must-Have Discounts on Tools, Grills, and Patio Furniture Home Depot Labor Day sale is live, giving up to 50% discount on tools, outdoor furniture, grills,and more! Whether you’re looking to upgrade your DIY setup with a DeWalt drill kit or renovate your patio with a Hampton Bay sectional, this sale has something for…
Brazil’s Supreme Court has unanimously upheld a ban on Elon Musk’s social media platform, X, after it failed to appoint a legal representative in the country. The court’s decision follows Justice Alexandre de Moraes’s initial ruling, emphasizing that companies must adhere to local laws. Musk has criticized the ban as censorship, while Brazil’s President Lula…
Hossein Shamkhani, son of Iran’s former national security chief, has become a key player in global oil trading despite stringent US sanctions. Operating from Dubai under the pseudonym “Hector,” he runs Milavous Group Ltd, a company involved in rebranding and blending crude oil from Iran, Russia, and other countries. Shamkhani’s vast network and strategic partnerships…
The arrest of Telegram CEO Pavel Durov by French police on August 24, as he arrived in Paris, could challenge the longstanding ‘safe harbour’ protections that shield tech platforms from liability for user-generated content. This arrest has sparked a diplomatic row with Russia and raises questions about the future of legal protections for technology company…
