Author: Invest Policy

Global Financial Watchdog Raises Concerns Over Precious Metals and Stones Trade in India The Financial Action Task Force (FATF), a global body dedicated to combating financial crimes, has raised concerns about India’s gems and jewellery sector. In its latest report, FATF highlighted how the trade of precious metals and stones (PMS) in the country could be exploited for illegal activities like money laundering and terrorist financing. Given India’s position as a major player in the global market for gold and diamonds, these concerns are particularly significant. Vulnerability of the Sector FATF noted that precious metals and stones can be used…

Everything You Need to Know About SEBI’s Free Investor Certification Course The stock market is filled with opportunities, but it also comes with significant risks. Many new investors enter the market without fully understanding these risks or the variety of investment options available. To help investors make informed decisions, the Securities and Exchange Board of India (SEBI), in collaboration with the National Institute of Securities Markets (NISM), offers a free online certification course for all interested participants. This course aims to teach investors the essential skills needed to navigate the stock market safely and confidently. Whether you’re a seasoned investor…

Hindustan Aeronautics Ltd (HAL), a key player in India’s defense sector, is on the verge of receiving ‘Maharatna’ status from the Indian government. This status is given to public sector enterprises that show strong potential for growth and profitability. HAL, which manufactures a wide range of aircraft and helicopters, plays a crucial role in India’s defense industry and has been instrumental in the government’s push towards indigenization of defense equipment. HAL’s Stock Performance: A 5-Year Growth Story HAL’s stock has been a stellar performer in recent years, showing a sharp rise in value. Over the last year alone, the stock…

The Initial Public Offering (IPO) of KRN Heat Exchanger & Refrigeration Ltd, a company based in Neemrana, Rajasthan, is hitting the market soon. The IPO will open on September 25, 2024, and investors can place their bids until September 27. This article will provide you with all the important information about the upcoming IPO, including the company’s plans, products, financial performance, and customer base. IPO Details and Company’s Expansion Plan KRN Heat Exchanger is bringing this IPO as part of its expansion strategy. The company plans to raise fresh funds through the issue of 1,55,23,000 equity shares. The price band…

Casagrand Premier Builder, a well-known real estate developer, has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise ₹1,100 crore through an Initial Public Offering (IPO). The company is looking to issue fresh equity shares worth ₹1,000 crore, while the remaining ₹100 crore will come from an Offer for Sale (OFS) by existing shareholders. Breakdown of Casagrand Premier’s IPO and Offer for Sale Under the Offer for Sale, the company’s promoter, Arun MN, will sell shares worth ₹50 crore, while Casagrand Luxor will also sell shares worth ₹50 crore. In addition to this, the company…

Northern Arc Capital’s ₹777 crore IPO has taken the market by storm, receiving an overwhelming response from all categories of investors. As of the final day of subscription on 19 September 2024, the issue was subscribed a remarkable 110.91 times. Investors placed bids for 238.22 crore shares against the 2.14 crore shares available. The strong demand was led by Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and retail investors, ensuring the IPO’s resounding success. The price band for the shares was set between ₹249 and ₹263. Breakdown of Northern Arc Capital IPO Subscription Figures: Major Participation from QIBs and NIIs…

If you’re planning a vacation to Thailand, get ready to shell out a little extra. The Thai government is preparing to introduce a tourism tax, aimed at boosting its infrastructure and increasing revenue from the booming tourism sector. This new tax will be applicable to international travelers visiting Thailand by air, sea, or land. While the exact start date is yet to be announced, tourists will soon have to account for this additional fee as part of their travel expenses. Why is the Tourism Tax Being Introduced? Thailand’s tourism sector has long been one of its biggest revenue generators, and…

Vodafone Idea shares faced a severe crash after the Supreme Court’s latest ruling on Adjusted Gross Revenue (AGR) dues. The decision, which dashed hopes of any relief, has sent shockwaves through the telecom industry, especially for Vodafone Idea. Within just an hour of the court’s decision, the company’s market value plummeted by ₹13,500 crore, marking a drastic drop in its stock price by 19%, closing at ₹10.50. This was the company’s largest single-day fall since January 2022. Alongside Vodafone Idea, Indus Towers also saw a significant fall, closing down by 9%. With Vodafone Idea already under immense financial pressure, the…

Taxpayers involved in disputes with the Income Tax Department may experience significant relief under new monetary limits set by the Central Board of Direct Taxes (CBDT). These changes come as a response to the government’s efforts to streamline the tax appeal process and reduce the number of cases reaching higher courts. If you’ve faced a tax dispute, here’s what you need to know about these changes. Appeal Limits Raised to Prevent Overloading Courts In many instances, taxpayers do not agree with the tax demand notices issued by the department and file appeals against them. When these appeals are decided in…

N Jayakumar, the Managing Director of Prime Securities, recently shared his insights on CNBC-Awaaz regarding the future of the Indian stock market. With over 30 years of experience in capital markets, Jayakumar has been a key figure in equity research and wealth management. His perspective provides valuable insights into where the market is headed, especially after the recent interest rate cuts. Expect Profit Booking After Rate Cuts Jayakumar emphasized that the market often witnesses profit booking after significant events, such as the rate cut recently announced. He believes this is a normal part of the market cycle, where corrections happen…