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.
As Rosmerta Digital Services gears up to launch its SME IPO next week to raise ₹200 crore, serious complaints have emerged against the company, leading to regulatory concerns. Allegations of concealing essential information and misrepresenting financial figures have been raised, sparking investigations from multiple regulatory bodies, including SEBI, the Finance Ministry, CBI, and the Enforcement Directorate. Allegations Against Rosmerta’s Promoters and Key Figures Complaints have primarily targeted the company’s promoters, Karthik Vivek Nagpal, Karan Vivek Nagpal, trust promoter Aarti Nagpal, and other unidentified individuals. Mumbai-based investor Rohit Vijay Nirmal filed a complaint claiming that the promoters intentionally hid significant details…
In a month marked by a steep decline in the stock market, Groww, one of India’s top brokerage platforms, achieved a remarkable feat by significantly growing its user base. Even as the Indian stock market experienced a 6% drop in October, its biggest monthly fall since March 2020, Groww managed to attract 3.5 lakh new users. This brought its active user base to 1.25 crore, positioning Groww as the largest brokerage firm in India, well ahead of its competitors. For context, Groww’s nearest competitor, Zerodha, has approximately 80 lakh active traders, creating a sizable gap of around 45 lakh users.…
Tata Mutual Fund has introduced a new fund offer (NFO) that focuses on India’s rapidly growing tech and innovation sectors. The Tata India Innovation Fund is an open-ended equity scheme that gives investors a chance to invest in companies leading technological change across sectors like finance, healthcare, and green energy. Open for subscription from November 11, 2024, until November 25, 2024, this fund aligns with India’s “Vocal for Local” campaign and the growing emphasis on technological innovation in the country. Here’s everything you need to know to determine if this new fund is right for you. Why Invest in the…
Mutual funds remain a popular investment choice for those looking to grow wealth steadily. Among these, Flexi Cap Mutual Funds are often attractive due to their flexibility in investing across all market capitalizations—large, mid, and small-cap stocks. However, selecting the right scheme can be challenging. According to recent data from the Association of Mutual Funds in India (AMFI), 12 prominent Flexi Cap Mutual Funds have trailed their benchmark returns over the past five years. Notably, these include funds from major players such as SBI Mutual Fund, LIC Mutual Fund, and Tata Mutual Fund. Here’s a breakdown of these funds and…
Aditya Birla Sun Life Mutual Fund has introduced an exciting new fund option for investors interested in India’s booming infrastructure sector. The Aditya Birla Sun Life BSE India Infrastructure Index Fund NFO offers a unique chance to invest directly in infrastructure-related companies by tracking the BSE India Infrastructure Total Return Index. Here’s a breakdown of its features, objectives, and how to decide if it’s right for your investment goals. Key Details of Aditya Birla Sun Life BSE India Infrastructure Index Fund This new index fund aims to provide returns closely aligned with its benchmark, which includes stocks across India’s infrastructure…
Investing doesn’t always require a big sum upfront; sometimes, just a few thousand a month can build substantial wealth over time. The HDFC Large & Mid Cap Fund, a well-established equity mutual fund with a solid track record, is a good example. Investors who consistently invested a small SIP of Rs 2,500 monthly over 30 years in this fund have reportedly grown their investment to an impressive Rs 1.5 crore, thanks to steady returns, compounding, and disciplined investing. Here’s how this mutual fund has performed, why it works, and what makes it unique. Overview of HDFC Large & Mid Cap…
As Donald Trump secures victory in the US Presidential election, a new wave of possibilities might be unfolding, not just for America but also for India. Trump’s close bond with Indian Prime Minister Narendra Modi and his friendly relations with billionaire Elon Musk could be setting the stage for a major development—Tesla’s entry into the Indian market. While Tesla’s move to India has been a long-discussed topic, the Trump-Modi-Musk trio may bring fresh energy and real momentum toward this goal. With Trump back in the White House, here’s a closer look at how his relationship with both Musk and Modi…
Niva Bupa Health Insurance Company’s Rs 2,200 crore Initial Public Offering (IPO) launched on November 7, 2024, giving investors an opportunity to buy shares in one of India’s top standalone health insurers. The company has set the price range at Rs 70-74 per share, with both new equity shares and an Offer for Sale (OFS) component available. Share allotment will take place on November 12, followed by listing on the BSE and NSE on November 14, 2024. Many brokerages suggest that this IPO is promising for those interested in a long-term position in the health insurance sector. Here’s why. Why…
Niva Bupa Health Insurance, a well-known name in India’s health insurance sector, is set to launch its initial public offering (IPO) on November 7, 2024. The company aims to raise Rs 2,200 crore, with a price band set at Rs 70-74 per share. Investors have until November 11 to participate in this public offering. Here’s a quick guide covering key points, including details on share allotment, company valuation, and shareholding structure. IPO Price Band, Issue Size, and Key Dates Niva Bupa’s IPO will see both a fresh issue of shares and an offer for sale (OFS) by existing promoters. The…
For investors seeking long-term wealth creation and tax benefits, the HDFC ELSS Tax Saver Fund has proven to be a standout option. Launched in 1996, this fund has consistently delivered impressive returns, even outperforming its benchmarks over the years. Here’s a closer look at how disciplined investing in this fund through SIPs has helped investors accumulate substantial wealth. Impressive Returns Over the Years The HDFC ELSS Tax Saver Fund has consistently rewarded its investors, making it one of the top-performing funds in the equity-linked savings scheme (ELSS) category. From 2019 to 2024 alone, the fund has showcased a robust performance,…