Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
In the midst of a booming stock market, several companies are eager to tap into the public investment pool through Initial Public Offerings (IPOs). In an exciting development, 13 companies have applied for IPO approval from the Securities and Exchange Board of India (SEBI) on the same day. If all these applications are approved, these firms will raise at least Rs 8,000 crore from the public. The companies represent a variety of industries, showcasing the broad interest in India’s capital markets. Many of these IPOs feature a mix of fresh issues and offers for sale (OFS) from existing shareholders. Some…
As the merger between Air India and Vistara draws closer, set to take effect on November 12, 2023, Tata Sons, the owner of Air India, is closely monitoring the process. The merger is part of Tata’s broader vision to consolidate its aviation business, but the group is concerned about maintaining Vistara’s high service standards. Vistara has earned a reputation as a premium airline, and Tata Sons wants to ensure that this image and its loyal customer base remain intact as the integration progresses. Maintaining High Service Standards According to a recent report by The Economic Times, Air India held a…
The Indian government has appointed three new external members to the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI). These appointments come at a crucial time as global central banks are adjusting their policies. Ram Singh, Saugata Bhattacharya, and Nagesh Kumar are replacing outgoing members Ashima Goyal, Jayant Verma, and Shashank Bhide, whose four-year tenures ended on October 4. These appointments are significant as the new members will face pressure to influence interest rate cuts, with global central banks, including the US Federal Reserve, making changes to their policies in response to economic slowdowns. Meet the New…
SEBI (Securities and Exchange Board of India) has announced significant changes to the Futures and Options (F&O) market, aimed at enhancing risk management and protecting investors. The changes, set to take effect from November 20, include a substantial increase in the minimum contract size for F&O trading from Rs. 5 lakh to Rs. 15 lakh. The move is intended to curb risk exposure, particularly for inexperienced retail investors who may not fully understand the complexities of derivative trading. The new regulations will be phased in gradually to ensure smooth implementation. By increasing the contract size, SEBI hopes to restrict participation…
If you’re thinking about securing your future and building wealth, Nippon India Growth Fund could be a perfect choice. This mid-cap mutual fund has turned small investments into massive wealth over the years. For instance, a modest monthly SIP of Rs 1,000 has grown into a fund worth Rs 3.18 crore for 29 years. Let’s take a look at how this fund performed and why it’s a great option for long-term investors. Overview of Nippon India Growth Fund Launched in October 1995, the Nippon India Growth Fund focuses on mid-cap stocks with a goal of long-term capital growth. It has…
In recent trading sessions, India’s stock markets have shown weakness, sparking concerns as China’s stock market experiences a sudden boom. The trend of foreign investors shifting their focus to China is leaving a noticeable impact on the Indian market. On Monday, the BSE Sensex fell significantly, closing at 84,266.29 points. One of the main reasons for this downturn is the rising tension in West Asia combined with China’s surging stock market performance. Foreign portfolio investors (FPIs) in India pulled out significant amounts, selling shares worth Rs 9,792 crore on Monday alone. In contrast, domestic investors bought shares worth Rs 6,646…
The highly anticipated Mumbai-Nagpur Expressway, also known as the Samruddhi Mahamarg, is expected to fully open by November 2024. Once operational, this 701 km expressway will reduce the travel time between Mumbai and Nagpur from 16 hours to just 8 hours. This major infrastructure project will provide a much faster route, benefiting both regular commuters and those traveling to religious destinations. A Faster Route Through Maharashtra The expressway will pass through 10 districts of Maharashtra, including Nagpur, Aurangabad, Nashik, and Thane. This six-lane, access-controlled expressway will also link two key hubs: the Jawaharlal Nehru Port Trust (JNPT) in Mumbai and…
The government has announced a major change in the Goods and Services Tax (GST) law. The rule that requires businesses to pass on the benefits of GST rate cuts to consumers is set to be abolished on April 1, 2025. This decision comes as part of an effort to simplify GST compliance and reduce the regulatory burden on businesses. What Will Change from April 2025? Currently, businesses must ensure that any reduction in GST rates is reflected in the prices of goods and services. This is meant to prevent companies from pocketing the benefits of lower GST rates, a practice…
Investing in equity mutual funds can offer substantial returns, especially if you stay committed for the long term. Over the last five years, some mutual fund schemes have given exceptional returns, with annualized rates between 40-50% when investing through Systematic Investment Plans (SIPs). Even lump sum investments have yielded returns of up to 7 times the initial investment. Here’s a look at the top 10 equity mutual funds that have been the best performers over the last five years. 1. CPSE ETF CPSE ETF has delivered an exceptional 50.91% annualized return via SIPs in 5 years, making it a star…
In a surprising turn of events, investors who once favored India are now redirecting their focus toward China. The reason? China’s government has implemented a stimulus package aimed at reviving its economy, and this single step has dramatically altered the financial landscape. Investors are now moving funds from India to China, causing a noticeable shift in global stock market trends. China’s Economic Stimulus Sparks Investor Interest The Chinese government recently introduced a series of monetary and liquidity measures to stimulate its economy. These measures include reducing the reserve ratio for banks by 50 basis points and cutting mortgage rates for…