Institutional investors with large holdings in the Indian conglomerate have received inquiries from the Attorney’s Office in Brooklyn and SEC asking for information on what Adani group told those investors, the report added.
IPOs are back in trend and a lot of companies are looking towards capital markets for raising funds.
While investor participation in the market has been sobering since July 2022, there has been a significant uptick in investment via systematic investment plans (SIPs). The share market is also bearing the brunt of record levels of profit booking.
The CBDT has issued a notification stating that consultants and professionals with business income can continue with the existing tax system starting from the financial year 2023-24.
Now Indian professionals will not need to travel abroad to renew their work-related visas. US officials have announced that they can now renew their H-1B visas while staying in the US.
The EPFO has divided PF accounts into two categories – active and inactive. Those accounts where regular contributions are made fall under the active category and those not receiving any money for 36 months are considered inactive.
Liquid funds come under debt mutual funds. They invest in debt instruments and money market securities maturing in 7 to 91 days. There is no lock-in period for liquid funds.
Go First is seeking Rs 400-600 to resume flights; Punit Goenka says the Zee-Sony merger will go through
HMA Agro IPO barely manages full subscription; Sebi bans 135 entities; SBI extends 'We Care' scheme; Xbox gaming console get costilier