Daily Market Analysis – 18th June 2021 (Insurance)
Religare plans ₹2,000cr IPO for Care Health Insurance Religare Enterprises is considering an initial public offer (IPO) of up to ₹2,000 crores for its health insurance subsidiary Care Health Insurance, where it plans to issue fresh shares, market insiders said. Management of REL is in discussions with investment banks for the proposed listing of the shares of Care Health and the IPO may...
Everything about Term Plans
You cannot predict what is there waiting for you in the future. There are always lots of uncertainties and causalities coming up for you in the future and you are always unaware about it. These uncertainties cause a drastic financial crisis to your family and closed ones. You can help your loved ones by planning for your and their future and apply for a term insurance plan. Choosing...
Daily Market Analysis – 17th June 2021 (Dividend)
1. The government has mopped up 26,104.37 crores as dividend from 23 listed PSUs in FY21 so far, a 123.63% increase over the previous fiscal year, bringing welcome relief to a treasury that has taken a massive hit from two waves of the coronavirus pandemic. Bharat Petroleum Corp. Ltd (BPCL) leads the largest dividend-paying companies for the fiscal year 2021 with a dividend of ₹8,759.71...
How to Save Income Tax? Tax Saving Guide.
Coming close to the end of the Financial year all of you might be thinking about How to save our Income Tax?Deductions allowed under the income tax act help you reduce your taxable income. You can avail these deductions only if you have made tax-saving investments or incurred eligible expenses. Equity Linked Savings Scheme ELSS is also known as Equity Linked Saving Scheme. ELSS is a...
Daily Market Analysis – 16th June 2021 (Company)
Sona Comstar’s ₹5,550 crore IPO subscribed 27% on day 2. At a price band of ₹285-291, the IPO of the company is roughly valued at 76 times one-year forward earnings, making it one of the most expensive issues to hit the primary market in recent times. Analysts said Sona BLW is a play on the electric vehicle theme. They said while the IPO valuation appears rich but the auto component maker is...
Daily Market Analysis – 14th June 2021 (Adani)
The infrastructure push in the country has been gaining momentum steadily. Last week Reliance Infra raised up to Rs.550 crore by preferential allotment of shares to reduce debt and fund future growth. Adani group has incorporated a new wholly-owned subsidiary Adani Cement Industries increasing the competitiveness in the booming cement sector which is expected to do well in the coming years....
New Income Tax Portal For e-Filing 2.0 | Portal Features & Benefits
The Income Tax Department launched its new e-filing portal www.incometax.gov.in New e-filing Portal Features And Benefits are covered in our video. 1. User-friendly a) Simplified b) Easy to use c) Multiple login Options d) Single Dashboard 2. Income tax payment on same portal a) Multiple Payment Options b) No challan needed Popular Article: Wealth...
Daily Market Analysis – 11th June 2021 (Tata)
Tata Digital is set to acquire majority stake in e-pharmacy 1MG This investment is in line with Tata group’s vision of creating a digital ecosystem that specifically addresses consumer needs across various categories. This is the second major investment of the company in an Indian startup. Recently they announced a $75 million investment in fitness startup Curefit and the current deal is a...
Daily Market Analysis – 10th June 2021 (Adani)
Adani Group plans launch IPO and hive off it’s airport business The Adani Group has begun preliminary talks to separate its airport business from the holding entity Adani Enterprises Ltd. It is expected to raise $500 million through a private placement of shares in Adani Airports Holdings. Adani controls Mumbai airport, India’s second busiest, as well as six regional facilities –...
