If the low value transactions are not incentivised the govt will basically kill the digital cash economy. They wanted to remove cash and make everthing digital so that then can have a 100% white economy and also be able to track fin transactions. They are using all this data in multiple ways, tax evasion, payments tracking etc. So somehow this whole story is not adding up that they claim that the critical mass for UPI has come and small value transactions need to be taxed. This will only lead to the old way of working, cash economy will start flourishing again. Indians are very smart and will stop reduce usage of this, cash circulation will increase.
DEV Information technology ~ A play on Low float & management change? (20-09-2024)
The latest AR says that DevIT now holds just 28.5%. This is down from 44%.
Why would they reduce their stake? Has anybody tracked whether it was DevIT selling its share or if DevX went for dilution?
KDDL (Ethos Watches) – Scalable business model at an inflection point? (20-09-2024)
Hi, can anyone explain what this means?
On one side, It says disposal, but on the next side, it says BUYBACK.
I invested from lower levels.
dr.vikas
Piramal Enterprises Ltd (20-09-2024)
In the below tracker, I have started tracking important company goals for PEL. These goals are referred to as ‘monitorables’ in the tracker.I will update this document regularly to reflect the current status of these goals.
Here’s a snapshot of what the tracker includes:
- Company Ticker: For identifying the company
- Monitorable Description: Description of the goal or metric being tracked
- Date of Announcement: When the monitorable was announced
- Deadline: Target date for achieving the monitorable
- Status: Current progress (e.g., Not Fulfilled, Pending)
- Verification Link: A link to see where I got the information about the goal.
I hope this information makes it easier to observe how well companies are progressing towards their stated goals.
Screenshot of the tracker below:
Full tracker attached below:
Tracking Company Monitorables-49.xlsx (154.0 KB)
Maruti Suzuki India among 3 stocks showing RSI trending up (20-09-2024)
On September 19, three stocks from the large-cap pack appeared in the RSI Trending Up scan, according to the stockedge.com data.
Phoenix Overseas IPO opens. Check issue size, price band, GMP and other details (20-09-2024)
Phoenix Overseas will launch its SME IPO today, aiming to raise Rs 36 crore. The IPO includes fresh equity shares and an offer for sale, with a price band of Rs 61-64 per share. The company is involved in trading and exporting agricultural products and manufacturing fashion accessories. The subscription period runs from September 20 to September 24.
Unstoppable Bulls! Auto, metal stocks power Sensex to fresh peak; Nifty breaches 25,650 mark (20-09-2024)
Domestic benchmarks extended their record run with the Sensex surpassing 84,000 and Nifty breaching 25,650. Metal stocks rallied following a bullish note from Macquarie. IIFL Finance shares surged after RBI lifted restrictions on its gold loan business. Global markets also saw gains, with the Dow closing above 42,000 for the first time.
Northern Arc Capital IPO allotment expected soon: Check status, GMP, listing date and other details (20-09-2024)
Northern Arc is a diversified financial services platform established primarily to address the diverse retail credit needs of under-served households and businesses in India. Its business model spans various offerings, sectors, products, geographies, and borrower categories. As of March 2024, the company has facilitated over Rs 1.73 trillion in financing, reaching more than 10 crore people across India.
IndoStar to sell home finance arm to EQT for Rs 1,750 crore (20-09-2024)
The transaction is not complete yet with pending customary conditions like receipt of RBI approval and consents from lenders and shareholders’ approval. EQT will also invest Rs. 500 crore in the IndoStar Home Finance Company upon or shortly after closing of this transaction and the board of IHFPL has granted an in-principle approval for such infusion.