Posts in category Business Standard
Indegene IPO subscribed 69.66 times (08-05-2024)
The offer received bids for 201.07 crore shares as against 2.88 crore shares on offer
Datamatics Global Services consolidated net profit declines 12.06% in the March 2024 quarter (08-05-2024)
Sales decline 0.86% to Rs 412.71 crore
Kirloskar Oil Engines consolidated net profit rises 88.25% in the March 2024 quarter (08-05-2024)
Sales rise 19.96% to Rs 1660.02 crore
TVS Motor Company consolidated net profit rises 15.14% in the March 2024 quarter (08-05-2024)
Sales rise 25.04% to Rs 10042.47 crore
Coaching class owner loses Rs 1.88 cr to stock trading WhatsApp group scam (08-05-2024)
A 48-year-old coaching class owner in Thane district was duped of more than Rs 1.88 crore in a share trading scam that started with the membership of a WhatsApp group, police said on Wednesday.
As per the complainant, an unidentified person added him to the WhatsApp group 'STOCK Vanguard (F)' in March, said an official. The group had 170 members and advice about share trading used to be posted there, he told police. The complainant found the advice trustworthy and invested money in the recommended shares, following which he was added to another group, 'STOCK-Vanguard-VIP', the official said. Three persons, who identified themselves as Isha, Divya, and Raj Rupani, contacted him, showed him some kind of 'SEBI certificate' to gain his trust, and told him that he could make huge profits by investing through an app called CINVEN/IC SERVICES, the complainant said. He invested more than Rs 1.88 crore, but when he demanded his money back, there was no response, he claimed. A case of ...
Tata Power Company consolidated net profit rises 15.11% in the March 2024 quarter (08-05-2024)
Sales rise 27.24% to Rs 15846.58 crore
Godrej Agrovet consolidated net profit rises 84.17% in the March 2024 quarter (08-05-2024)
Sales rise 1.42% to Rs 2118.56 crore
Bajaj Consumer Care consolidated net profit declines 12.06% in the March 2024 quarter (08-05-2024)
Sales decline 4.86% to Rs 234.23 crore
Gifted shares may escape capital gains tax if HC ruling sets precedent (08-05-2024)
The court held that a gift is a voluntary transfer and does not require consideration. Only when there is consideration received can profit or gain be measured
Hong Kong Market falls 0.9% (08-05-2024)
At closing bell, the benchmark Hang Seng Index fell by 165.51 points, or 0.9%, to 18,313.86. The Hang Seng China Enterprises Index dropped 69.95 points, or 1.07%, to 6,456.72.