Watches, fountain pens and special types of jewellery will be exempted from hallmarking. After the deadline for mandatory hallmarking of gold jewellery was extended to June 15 from earlier deadline of June 1 in view of the Covid-19 pandemic, the practice of mandatory hallmarking of gold jewellery kicked in from …
Read More »Wipro Joins Hand With German-Based Aachen to jointly develop software-defined vehicles, Stock Edges Lower
At 11:25 am, Wipro shares were trading marginally lower at Rs 555.70 on the BSE Wipro has announced a strategic partnership with Aachen, a Germany headquartered FEV, to jointly develop software-defined vehicles. The two organisations (Wipro and Aachen) have jointly set up innovation lab to develop automotive use cases, engineer scalable software …
Read More »Coal India Edges Lower On Manpower Restructuring Plans to improve productivity and reduce operational costs
At 11:00 am, Coal India shares were trading lower by 0.6 per cent at Rs 156 on the BSE Coal India shares have edged lower in a soft market a day after the world’s largest mining company announced plans to improve productivity and reduce operational costs. In an earnings call on …
Read More »Yellow Metal Trades Flat, Silver Shows Rise
Gold price today: Yellow metal traded flat as investors wait for US Federal Reserve meeting outcome Gold prices showed a meagre jump on Wednesday, as on MCX, the yellow metal August futures traded at Rs 48,460 per 10 grams. On the other hand, silver showed a decent jump as its July …
Read More »Sensex, Nifty Edge Lower On Subdued Global Cues; Metals Underperform
The Indian equity benchmarks edged lower on Wednesday taking cues from subdued trading in other Asian markets. The Sensex declined as much as 165 points and Nifty 50 index slipped below its important psychological level of 15,850. Asian shares were subdued on Wednesday with investors wary of any hint of …
Read More »Do All Insurance Plans Cover Pre-Existing Health Conditions?
A pre-existing condition means health issues a person may have prior to buying an insurance policy Given our fast-paced and increasingly unhealthy lifestyles, a health insurance policy has become a necessity, more so after the coronavirus pandemic that extracted a mental and an economic toll from people in terms of …
Read More »Sensex, Nifty Set To Open On Flat Note On Subdued Global Cues
The Indian equity benchmarks are set to open on a flat note as indicated by the Nifty futures traded on the Singapore Exchange amid subdued global cues. The Nifty futures on Singapore Exchange also known as SGX Nifty futures declined 14 points to 15,840. Asian shares were subdued on Wednesday …
Read More »Krishna Institute of Medical Sciences (KIMS Hospitals) initial public offering (IPO) Opens For Bidding. Should You Subscribe?
The Dodla Dairy IPO also opens today, whereas Shyam Metalics and Sona Comstar IPOs close today Krishna Institute of Medical Sciences (KIMS Hospitals)’ Rs 2,144-crore initial public offer (IPO) opens for subscription today i.e. June 16, 2021. The healthcare service provider’s public issue will be open for three days fronm …
Read More »Dodla Dairy initial public offering (IPO) Opens Today; Price Band Fixed At Rs 421-428 Per Share
Dodla Dairy is the third company to launch an IPO this week, following Shyam Metalics and Sona Comstar Dodla Dairy’s initial public offering (IPO) opens for subscription today i.e. June 14. The public issue will be open for three days between June 16 and June 18, in the price band …
Read More »Department for Promotion of Industry and Internal Trade (DPIIT) Increases Foreign Direct Investment (FDI) Limit In Insurance To 75%
FDI in the insurance sector was increased from 26 per cent to 49 per cent in 2015. The Department for Promotion of Industry and Internal Trade (DPIIT) has notified the government’s decision to increase the foreign direct investment (FDI) limit in the insurance sector under the automatic route to 75 …
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