PhonePe is a giant in the UPI market commanding about 47% market share (data of October 2023). Its revenue in FY23 jumped 77% to reach Rs 2,914 crore.
In the stock market, the purchase and sale of shares now only happens in dematerialized or electronic form. However, some investors still have shares in physical or paper form. According to the market regulator SEBI, the purchase and sale of such shares is no longer possible. That is, if you have such shares, you will not […]
Why banks push sale of guaranteed insurance plans!
Radhika Gupta is the Managing Director and CEO of Edelweiss Mutual Fund and is one of the youngest CEOs in India.
The main reason for higher investment in NFOs is strong market sentiment. Typically, when there is a bullish trend in the market, mutual funds also come up with more NFOs.
The minimum issue size in the case of public issuance of Zero Coupon Zero Principal Instruments (ZCZP) by NPOs on the exchange will be reduced to Rs 50 lakh from Rs 1 crore and the minimum application size will be cut to Rs 10,000 from Rs 2 lakh.
Tata Motors on Saturday said its arm Tata Technologies has finalised the offer price, including the anchor investor offer price, at Rs 500 per equity share for its Initial Public Offering (IPO).
The move is in line with the aim of achieving net zero emissions targets by 2070
Investors wanting to stay away from stock market volatility and seeking portfolio stability but having a low appetite for risk may consider investing in debt mutual funds