Amazon India offers opportunities to women to work in night shifts!
Wed, Feb 28, 2024 3:53 PM

Amazon India offers opportunities to women to work in night shifts!

Amazon India announced the launch of Women in Night Shifts (WINS) at one of its large ‘Sort Centre’ in Haryana. In addition to Amazon’s existing initiatives, WINS is designed to provide a safe and supportive work environment for women, ensuring equal opportunities for both men and women to work in various shifts. In some states in India, regulations prohibit the employment of women in night shift.

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Delhi civic body seals six shops under sealing drive in Connaught place
Wed, Feb 28, 2024 3:50 PM

Delhi civic body seals six shops under sealing drive in Connaught place

Representative ImageNEW DELHI: The New Delhi Municipal Council on Tuesday conducted a sealing drive in Connaught Place over non-payment of property tax dues, officials said. Five to six shops were sealed, with the drive going on till late evening, the officials said. The drive was carried out in Connaught Place's B, C, D and G blocks. Atul Bhargava, president of the New Delhi Traders' Association.

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Sebi tells mutual funds to protect smallcap investors from market froth
Wed, Feb 28, 2024 3:50 PM

Sebi tells mutual funds to protect smallcap investors from market froth

Leading to a sell-off in small, midcap, and microcap stocks on Wednesday, markets regulator Sebi has told mutual funds (MFs) to frame a policy to protect the interest of investors of small and midcap schemes.In a letter to the Association of Mutual Funds in India (AMFI), Sebi said in the context of froth building up in small and midcap segments of the market.

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SC asks five DMs in Tamil Nadu to appear before ED in illegal sand mining!
Wed, Feb 28, 2024 3:47 PM

SC asks five DMs in Tamil Nadu to appear before ED in illegal sand mining!

Representative ImageThe Supreme Court on Tuesday directed five district collectors of Tamil Nadu to appear before the Enforcement Directorate in connection with an ongoing money laundering probe about alleged illegal sand mining. A bench of justices Bela M Trivedi and Pankaj Mithal termed the plea of Tamil Nadu and its officials against the ED summons as "strange and unusual".

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Maharashtra allocates Rs 10,519 crore towards land acquisition for Pune.
Wed, Feb 28, 2024 3:45 PM

Maharashtra allocates Rs 10,519 crore towards land acquisition for Pune.

The Pune outer ring road, being developed by Maharashtra State Road Development Corporation (MSRDC), has been allocated Rs10,519 crore for land acquisition in the interim budget presented by Maharashtra deputy chief minister and finance minister Ajit Pawar on Tuesday.MSRDC officials confirmed that they had demanded the amount allocated in the state budget.

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Indian green bonds may see better demand, greenium on JP Morgan inclusion
Wed, Feb 28, 2024 3:41 PM

Indian green bonds may see better demand, greenium on JP Morgan inclusion

JP Morgan's inclusion of Indian government securities (G-Secs) beginning June 2024 may benefit India's green bonds programme as greater foreign inflows may also increase demand for the country's sustainability-linked debt instrument, a government official said. On September 22, JP Morgan announced that Indian government bonds will be a part of its Government Bond Index-Emerging Markets.

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📢 Sensex declines 790 points at the close; Nifty ends above 21,000!
Wed, Feb 28, 2024 3:39 PM

📢 Sensex declines 790 points at the close; Nifty ends above 21,000!

📈 Domestic benchmark indices closed on a negative note today. 📢 At 3:30 PM, the Sensex tanked by 790.34 points or 1.08% at 72,304.88, and the Nifty was down 247.20 points or 1.11% at 21,951.15. 📊Among sectoral, Nifty IT (⬇️0.34%) showed the least signs of struggle while Nifty PSU Bank (⬇️2.39%) saw considerable selling. Best Gainer was HUL & Best Loser was Power Grip Corp.

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Mutual fund investment is not a do-it-yourself product in the long run!
Wed, Feb 28, 2024 3:29 PM

Mutual fund investment is not a do-it-yourself product in the long run!

The digital era we are now living in has given us convenience, access, reach, and information. It continues to evolve quickly and holds many promises and possibilities for us in the future. Amid all this, it is interesting to see how the investors have also evolved. From physical forms to digital platforms, we have come a long way.

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Nifty falls below 22,000; how are index derivatives placed ahead!
Wed, Feb 28, 2024 3:28 PM

Nifty falls below 22,000; how are index derivatives placed ahead!

Selling pressure pushed the Nifty below the psychological mark of 22,000 on February 28. Ahead of the monthly derivatives expiry on February 29, stress was seen at the 22,000 strike, where market participants had the highest open interest positions. Akshay Bhagwat, Senior Vice President, derivative research, at JM Financial, has a neutral view on the markets.

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Noida Authority to allow registration of over 13,000 flats as builders!
Wed, Feb 28, 2024 3:26 PM

Noida Authority to allow registration of over 13,000 flats as builders!

Noida Authority is set to allow the registration of over 13,000 flats across different stuck projects as 35 real-estate developers have come forward to clear their dues under the Uttar Pradesh government’s stuck projects rehabilitation package. According to officials, out of 57 developers, 35 have agreed to pay the initial 25 percent amount of their total dues.

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India slowly taking export market share from China: Study
Wed, Feb 28, 2024 3:25 PM

India slowly taking export market share from China: Study

India is chipping away at China’s dominance in electronics exports in some key markets as manufacturers diversify supply chains away from the world’s factory to other parts of Asia, a new study shows. The impact is most pronounced in the UK and US, where geopolitical tensions with China have increased in recent years. India’s electronics exports to the US as a ratio of China’s increased.

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Nifty 50, Sensex crash today nearly 1% each; 5 reasons why market is fal...
Wed, Feb 28, 2024 3:25 PM

Nifty 50, Sensex crash today nearly 1% each; 5 reasons why market is fal...

Domestic benchmark equity indices, the Sensex and the Nifty 50, have so far witnessed a sharp fall during Wednesday's session on the backdrop of a lack of direction and led by heaving selling in PSU bank, realty, auto, oil, and gas stocks. Sensex crash today: Domestic benchmark equity indices, the Sensex and the Nifty 50, have so far witnessed a sharp fall during Wednesday's session.

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AMFI writes to fund houses citing SEBI directive on froth in mid-small caps
Wed, Feb 28, 2024 3:23 PM

AMFI writes to fund houses citing SEBI directive on froth in mid-small caps

Mutual fund association AMFI has sent a letter to all the trustees of all fund houses, asking them to take note of Market regulator SEBI's directive regarding small and midcap schemes. The missive has asked funds to ensure a policy is put in place to protect all investors, in light of the froth building up in the broader market and continuing flows to schemes that invest in this category shares.

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GPT Healthcare IPO: Here’s what GMP, subscription status signal ahead!
Wed, Feb 28, 2024 3:23 PM

GPT Healthcare IPO: Here’s what GMP, subscription status signal ahead!

GPT Healthcare IPO: The initial public offering (IPO) of hospitals chains and healthcare services provider GPT Healthcare was concluded on February 26.GPT Healthcare IPO received decent investors’ response during the bidding period from February 22 to February 26 and the issue was oversubscribed heavily. As the IPO allotment of GPT Healthcare has been finalised, focus now shifts to GPT Healthcare.

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Bharat Highways InvIT IPO: 10 things to know before subscribing!
Wed, Feb 28, 2024 3:20 PM

Bharat Highways InvIT IPO: 10 things to know before subscribing!

Bharat Highways Infrastructure Investment Trust’s (InvIT) Rs 2,500 crore IPO, the biggest so far in 2024, opened for subscription on February 28. The offer is entirely a fresh issue of 25 crore shares. 1. Price Band of IPO 2. Offer details 3. objective of issue 4. Lot Size 5. Company profile 6. Financials 7. BRLMs and Sponsor 8. Anchor Investors 9. Listing Date

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