Each financial product is governed by a different regulator and the rules for gifting vary, points out Tinesh Bhasin.
Kishore Biyani-led Future Retail Ltd (FRL) on Monday said it is "reviewing" the Delhi high court order that has rejected its plea to restrain Amazon from writing to regulatory authorities about the SIAC arbitral order against its asset sale under a Rs 24,713 crore deal with Reliance. FRL, in a regulatory filing, said it would submit a brief summary after consultation with legal advisors.
After 18 months of closure, what really could be salvaged? And the answer sadly is, precious little, Patience, perseverance and plenty of moolah is the way forward even assuming intent is in place, says Anjuli Bhargava.
Liquor shops reopened across the country in the non-containment zones after 40 days from Monday with people queuing up in large numbers, giving social distancing norms a toss at some places.
Current and former US intelligence officials told The Washington Post that Trump, in the month of January and February, had repeatedly ignored warnings conveyed in issues of the US president's Daily Brief, a sensitive report that is produced before dawn each day and designed to call the president's attention to the most significant global developments and security threats.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
'We would advise investors to hold on to multi-cap funds and not invest further until further clarity emerges.'
Railway services across city on the Western Railway and Central Railway came to a grinding halt at 10.05 am, as a result of the power outage.
Across the country, companies have stepped up their act to contain the crisis. IT and other new economy firms seem to have taken a lead.
Delhi, Uttarakhand and Maharashtra on Monday confirmed bird flu cases, adding to the list of seven states -- Kerala, Rajasthan, Madhya Pradesh, Himachal Pradesh, Haryana, Gujarat and Uttar Pradesh -- which had already reported avian deaths due to the disease.
'India is a pharma dada. We can manufacture enough for our people and for the world.'
High-networth individuals and domestic funds from India are eyeing a slice of the much-touted mega IPO of Chinese e-commerce giant Alibaba, which looking to raise an eye-popping $21.1 billion.
SIAM also said the ban, which is in effect since December 16, has resulted in production loss of around 11,000 units
Good foreign capital inflows failed to restrict the rupee's fall against the dollar
The scrutiny started when it came to the government's notice that Shelf Drilling, a company that operates one third of ONGC's contracted jackup rig and earns a revenue of close to $220,000 a day, has China Merchant Group as its single largest shareholder.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
The rupee recovered from initial losses against the American currency and was quoted higher by 6 paise to 62.00 on fresh selling of dollars by banks and exporters in view of strong foreign capital inflows into equity market.
The PM said there was a need to 'fight' rumours that the lockdown could be reimposed.
As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.
The 30-share Sensex ended lower by 46 points at 27,842 and the 50-share Nifty slipped 17 points to trade at 8,378.
Whether the third wave will ravage us depends on the pace of vaccinations, careful and calibrated opening up of establishments, and a strategy to contain the spread in specific states or pockets.
Amazon has shot off yet another letter to market regulator Sebi, accusing Future Retail of insider trading and called for an investigation as the US online retailer looks to ratchet up pressure against the Future-RIL deal. Future Group, however, vehemently denied the charges, saying these allegations were "Amazon's ill-motivated attempts to throw everything at the situation to stultify the transaction."
India is currently under the 21-day lockdown since March 25, with only essential services exempted to contain the fast-spreading virus.
If you want to invest in mutual funds, but don't want your investment to dip below market returns, then you must know the difference between 'active' and 'passive' investing.
Even media persons covering the agitation manage to reach the protest sites with difficulty as they first have to pass through checking and then cross multiple layers of barricading. A Bharatiya Kisan Union office-bearer at Ghazipur border, which now resembles a highly-secured fortress, said despite the odds, supporters from far-off places are reaching the site to express solidarity with farmers.
The rupee had depreciated by 13 paise to end at 67.20.
The new service will travel through 18 countries and each bus will accommodate 20 passengers.
Even the persistent rise in equity market failed to restrict the rupee's fall.
Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game.
The domestic unit moved in a range of 64.14 and 63.99.
On the occasion of Chinese president Xi Jinping's two-day visit, Indian exporters are looking for a big boost in export of agricultural commodities, especially the ones that have been impacted by the ongoing trade war between the United States and China.
MCX has been struggling to raise funds with a rights issue, ending on Thursday.
A limited number of activities will remain prohibited across the country, irrespective of the zone, including travel by air, rail, metro and inter-state movement by road, running of schools, colleges, and other educational and training/coaching institutions.
Dealers say there's been a 20-25 per cent drop in demand.
'India needs to closely monitor the discussions at the UNSC and make counter-measures as this touches its core interests', points out Srikanth Kondapalli.
The dry-run was being conducted in state capitals in at least three session sites. Some states also included districts that are situated in difficult terrain or have poor logistical support, according to officials.
As the national transporter is planning to come out with semi-high speed routes where trains can clock an average speed of 160-200 kmph, dedicated testing becomes essential.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
