Markets regulator Sebi on Friday clarified that investors can continue using 3-in-1 accounts to apply online for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities, and securitised debt instruments. This is in addition to the existing modes of application, Sebi said in a circular.
Homeowners Tap Into Their Rising Home Equity (18-10-2024)
Balances on home equity lines of credit have risen along with home equity loans. Popular reasons for borrowing include home renovations and repairs and debt consolidation.
Money Market Rates Are Lower, Yes. But Compared to What? (18-10-2024)
Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.
Gold prices hit record high ahead of Diwali festivities (18-10-2024)
Gold reached a historical high of Rs 77,332 per 10 gm on Friday, surpassing the Rs 77,000 mark. The market expectation is that by Diwali, prices will cross Rs 80,000 per 10 gm mark and may even touch Rs 85,000 per 10 gm level. With the Goods & Services Tax (GST) of 3 per cent, gold is now commanding a price of Rs 79,651 per 10 gm in the physical market – short of Rs 349 to touch Rs 80,000 per 10 gm.
Time Technoplast has many levers for margin expansion, RoCE & cash flow. TP ₹615 (18-10-2024)
Time Technoplast is a leader in industrial packaging & composite cylinders with a marquee global clientele. VAP is a high growth (20-30% CAGR), high margin (18%+) business. LPG & CNG cylinders have huge potential. There are many levers for margin expansion, RoCE & cash flow. TP ₹615
Time Technoplast has many levers for margin expansion, RoCE & cash flow. TP ₹615
Jio Financial Q2 Results: Cons PAT rises 3% YoY to Rs 689 crore, revenue jumps 14% (18-10-2024)
Jio Financial Q2 Results: The company reported quarterly revenue of Rs 693.50 crore, a 14% increase from Rs 608.04 crore in the same quarter last year. Sequentially, PAT surged 120% compared to Rs 312.63 crore in Q1FY25, while revenue rose 66% from Rs 417.82 crore in the April-June quarter.