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Mid-cap mutual funds: Sharp falls of over 20% can happen once every 4.2 years - what 21 years of benchmark data shows

New Delhi, Sept. 18 -- Mid-cap funds invest predominantly in mid-cap stocks that are often associated with higher growth potential, but they also come with sharper bouts of volatility. The Nifty Midc... Read More


Hero Motors IPO subscribed 6.66 times

Mumbai, Sept. 18 -- The initial public offer of Hero Motors received bids for 58,97,24,146 shares as against 8,86,07,596 shares on offer, according to stock exchange data at 17:30 IST on 18 September ... Read More


NRI woman gets relief as ITAT cuts income tax penalty from 200% to 50%: Know why

New Delhi, Sept. 18 -- Failing to disclose income in an income tax return (ITR) can result in a substantial penalty from the Income Tax Department. However, the penalty can depend on whether the omiss... Read More


SC stays high court order striking down provision on income tax reassessment process

Mumbai, Sept. 18 -- The Supreme Court on Friday stayed an order of the Punjab and Haryana High Court that had struck down a provision of the Income-Tax Act, involving reassessment proceedings. Hearin... Read More


National Stock Exchange of India (NSE) IPO subscribed 1.15 times

Mumbai, Sept. 18 -- The initial public offer of National Stock Exchange of India (NSE) received bids for 10,18,42,496 shares as against 8,86,42,911 shares on offer, according to stock exchange data at... Read More


Jindal Supreme (India) IPO subscribed 181.07 times

Mumbai, Sept. 18 -- The initial public offer of Jindal Supreme (India received bids for 1,70,19,79,461 shares as against 93,99,600 shares on offer, according to stock exchange data at 17:30 IST on 18 ... Read More


1:10 stock split: This multibagger nears record date, turns Rs.10,000 into Rs.5.3 lakh in 2 yrs | Do you own?

Stock split alert, Sept. 18 -- Shares of Midwest Energy Limited ended higher on Friday, September 18, ahead of the upcoming stock split record date. The company has announced a stock split in the rati... Read More


Noel Tata outvoted as Tata Sons board backs IPO and Chandrasekaran extension

New Delhi, Sept. 18 -- Bengaluru, Mumbai : Tata Trusts chairman Noel Tata stood firm at the Tata Sons board meeting but was outvoted by five directors led by chairman N. Chandrasekaran when the boar... Read More


Warren Buffet's letter to Berkshire Hathaway's shareholders, net worth, son Howard in focus

India, Sept. 18 -- Warren Buffett, who is the world's ten richest person, has stepped down from his position as chairman of Berkshire Hathaway, according to an announcement by the conglomerate. The or... Read More


Drought-like conditions under review in Maharashtra: Minister

Nagpur, Sept. 18 -- Revenue Minister Chandrashekhar Bawankule today said the state government has directed the administration to immediately assess the drought-like conditions prevailing in several pa... Read More