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Aastha Spintex slips on debut

Mumbai, July 6 -- The stock debuted at Rs 130, marking a discount of 4.41% to the issue price. So far, the stock has hit a high of Rs 134 and a low of Rs 130. On the BSE, over 1.68 lakh shares of the... Read More


Metropolis Healthcare climbs as Q1 revenue climbs 16% YoY

Mumbai, July 6 -- The company said the TruHealth Wellness and Specialty segments are the fastest growing segments for the quarter. In B2C business registered healthy volume growth, driven by increas... Read More


Rs.30 lakh salary doesn't mean a 30% tax rate: Here's why effective tax rate is just 15.86% under new tax regime

New Delhi, July 6 -- A Rs.30 lakh annual salary does not mean your entire income is taxed at 30% in the new tax regime. The income tax follows a progressive slab structure, where only the income falli... Read More


Investing apps demand scrutiny: Why choosing the right platform is about more than pricing

New Delhi, July 6 -- A joke about apps goes - 'I downloaded an app to help me procrastinate. Haven't opened it yet.' It may raise a chuckle, but the apps that handle our money deserve to be taken more... Read More


Smaller pvt banks may find mobilising FCNR (B) under RBI's limited period swap window a bit of a challenge

New Delhi, July 6 -- Small and mid-sized private sector banks, which have no overseas or GIFT City presence, may find mobilising fresh 3-5 year Foreign Currency Non-Resident (Bank) deposits under the ... Read More


Aastha Spintex share price makes weak debut, lists at 4% discount to the IPO price

New Delhi, July 6 -- Aastha Spintex share price made a muted debut in the Indian stock market on Monday, 6 July. The shares of Aastha Spintex listed at a 4.41% discount to the IPO price of Rs.136 per ... Read More


Sensex, Nifty open higher as HDFC Bank, Axis Bank rally; lower crude aids sentiment

New Delhi, July 6 -- Equity benchmarks opened higher on Monday, supported by gains in HDFC Bank and Axis Bank following their business updates, while lower crude oil prices also boosted market sentime... Read More


Quality Power gains as arm wins Rs 16-cr orders from Hitachi Energy India

Mumbai, July 6 -- The orders are for the supply of 400 kV instrument transformers and are scheduled to be executed over a period of approximately 12 months, the company said in an exchange filing. Th... Read More


INR slips in opening trades as dollar recovers marginally; downside seen limited

Mumbai, July 6 -- The Indian rupee fell 10 paise to 95.28 against the American currency in early trade on Monday, weighed down by slight uptick of the American currency in the overseas market. However... Read More


HAL, BEL to Zen Technologies: Defence stocks rally on Rs.52,000 crore procurement boost; check key beneficiaries

New Delhi, July 6 -- Defence stocks witnessed strong buying interest in early trade on Monday, with shares of Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Zen Technologies, and several other... Read More