CSB Bank Ltd, Alembic Pharmaceuticals Ltd, Wonderla Holidays Ltd and Indo Count Industries Ltd are among the other losers in the BSE’s ‘A’ group today, 30 July 2024.
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Firstsource Solutions gains after Q1 PAT rises 1% QoQ to Rs 135 cr in FY25 (30-07-2024)
Firstsource Solutions rose 1.83% to Rs 272.40 after the company’s consolidated net profit increased 1.3% to Rs 135.24 crore in Q1 FY25 as comapred with Rs 133.50 crore in Q4 FY24.
Indian rupee witnessing muted moves (30-07-2024)
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Spandana Sphoorty Financial approves issuance of NCDs up to Rs 150 cr (30-07-2024)
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Sebi returns IPO documents of Vishal Mega Mart, Avanse Fin, and 2 others (30-07-2024)
Sebi has returned the IPO draft documents of four firms, including supermart major Vishal Mega Mart, education-focused NBFC Avanse Financial Services and private equity major TPG Capital-backed Sai Life Sciences, an update with the regulator showed on Tuesday.
Additionally, the offer document of BMW Ventures was returned too. The company’s initial public offering (IPO) papers were received by Sebi on July 1.
The Securities and Exchange Board of India (Sebi) has returned the offer documents of these four companies for “non-compliance with Regulation 7(1) (a) of Sebi ICDR Regulations, 2018, as on July 24, 2024”.
According to the Regulation 7(1) (a) of Sebi ICDR Regulations, an issuer making an initial public offer shall ensure that it has made an application to one or more stock exchanges to seek an in-principle approval for listing of its specified securities on such stock exchanges and has chosen one of them as the designated stock exchange.
Vishal Mega Mart, on July 12, took the .
Govt mopped up Rs 98,681 cr from taxing LTCG in listed equities in FY23 (30-07-2024)
The government has garnered Rs 98,681 crore from long term capital gains tax on listed equities in 2022-23, a 15 per cent growth over the previous year, Parliament was informed on Tuesday.
Minister of State for Finance Pankaj Chaudhary gave details of collections from Long Term Capital Gains (LTCG) tax between fiscal 2018-19 and 2022-23 in the Rajya Sabha.
The long term capital gains on equities and units of equity oriented mutual funds were brought in from April 2018. Such gains were taxed at 10 per cent, with gains of up to Rs 1 lakh annually being exempted.
As per the details shared with the Parliament, Rs 98,681.34 crore was collected from LTCG in 2022-23, up 15 per cent over Rs 86,075.49 crore collected in 2021-22 fiscal.
The collection was about Rs 38,589 crore in 2020-21, Rs 26,008 crore in 2019-20 and Rs 29,220 crore in 2018-19.
To a question on whether the government is contemplating to abolish the LTCG tax on equities/mutual funds during 2024-25, Chaudhary said, “There i
Ideaforge Technology Ltd leads losers in ‘B’ group (30-07-2024)
NDL Ventures Ltd, Forbes Precision Tools & Machine Parts Ltd, Asian Hotels (East) Ltd and Wardwizard Innovations & Mobility Ltd are among the other losers in the BSE’s ‘B’ group today, 30 July 2024.
Volumes jump at Fine Organic Industries Ltd counter (30-07-2024)
Fine Organic Industries Ltd saw volume of 4.79 lakh shares by 14:14 IST on NSE, a 16.46 fold spurt over two-week average daily volume of 29104 shares
India’s gold jewellery demand falls 17% on year in June quarter (30-07-2024)
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Shyam Metalics gains as Q1 PAT jumps 35% YoY to Rs 276 cr (30-07-2024)
Shyam Metalics and Energy added 2.37% to Rs 726.45 after the company reported 35.31% jump in consolidated net profit to Rs 276.14 crore in Q1 FY25 from Rs 204.08 crore in Q1 FY24.