Govt asks IndiGo to clear all pending refunds by 8 pm tomorrow; orders zero rescheduling charges
Details here⤵️
https://www.moneycontrol.com/news/india/govt-orders-indigo-to-clear-all-pending-refunds-by-8-pm-on-sunday-orders-zero-rescheduling-charges-13713634.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/india/govt-orders-indigo-to-clear-all-pending-refunds-by-8-pm-on-sunday-orders-zero-rescheduling-charges-13713634.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Govt asks IndiGo to clear all pending refunds by 8 pm tomorrow; orders zero rescheduling charges
In a statement, the ministry of civil aviation said it has mandated that the refund process for all cancelled or disrupted flights must be fully completed by 8 pm on Sunday, December 7
The Right to Disconnect Bill: How Supriya Sule's Bill aims to protect workers from after-hours calls
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https://www.moneycontrol.com/news/india/the-right-to-disconnect-bill-how-supria-sule-s-bill-aims-to-protect-workers-from-after-hours-calls-13713609.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/india/the-right-to-disconnect-bill-how-supria-sule-s-bill-aims-to-protect-workers-from-after-hours-calls-13713609.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
The Right to Disconnect Bill: How Supriya Sule's Bill aims to protect workers from after-hours calls
The draft legislation proposes giving workers the legal right to ignore official communication outside designated working hours without facing disciplinary action, a safeguard the Baramati MP argues is essential in an “always-on” digital workplace.
Complete customs overhaul will be next major reform push: FM Nirmala Sitharaman
Details here⤵️
https://www.moneycontrol.com/news/economy/policy/complete-customs-overhaul-will-be-next-major-reform-push-fm-nirmala-sitharaman-13713764.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Details here⤵️
https://www.moneycontrol.com/news/economy/policy/complete-customs-overhaul-will-be-next-major-reform-push-fm-nirmala-sitharaman-13713764.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Complete customs overhaul will be next major reform push: FM Nirmala Sitharaman
Customs refers to the authority responsible for collecting tariffs and regulating the movement of goods, including animals, vehicles, personal belongings, and hazardous items, into and out of a country
IndiGo lifts pilot hiring freeze to comply with new norms
Details here⤵️
https://www.moneycontrol.com/news/business/companies/indigo-lifts-pilot-hiring-freeze-to-comply-with-new-norms-13713754.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Details here⤵️
https://www.moneycontrol.com/news/business/companies/indigo-lifts-pilot-hiring-freeze-to-comply-with-new-norms-13713754.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
IndiGo lifts pilot hiring freeze to comply with new norms
The Pilots' body Federation of Indian Pilots (FIP) had alleged that IndiGo had adopted a ‘hiring freeze’ despite knowing that the new norms will entail expansion of the pilot pool.
At least 23 people dead after fire in Goa nightclub, says CM Sawant
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https://www.moneycontrol.com/news/india/at-least-23-people-dead-after-fire-in-goa-nightclub-says-cm-sawant-13713950.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/india/at-least-23-people-dead-after-fire-in-goa-nightclub-says-cm-sawant-13713950.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
At least 23 people dead after fire in Goa nightclub, says CM Sawant
The incident occurred around 12:04 a.m. local time in the village of Arpora, the state's police chief told reporters
Daily Voice: Liquidity won’t be an issue for money markets, low probability of further rate cuts by RBI, says Emkay Wealth's Joseph Thomas
Details here⤵️
https://www.moneycontrol.com/news/business/markets/daily-voice-liquidity-won-t-be-an-issue-for-money-markets-low-probability-of-further-rate-cuts-by-rbi-says-emkay-wealth-s-joseph-thomas-13713939.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Details here⤵️
https://www.moneycontrol.com/news/business/markets/daily-voice-liquidity-won-t-be-an-issue-for-money-markets-low-probability-of-further-rate-cuts-by-rbi-says-emkay-wealth-s-joseph-thomas-13713939.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Daily Voice: Liquidity won’t be an issue for money markets, low probability of further rate cuts by RBI, says Emkay Wealth's Joseph…
While Iow inflation opens up quite a bit of space for rate cuts, the extremely bullish growth numbers do not leave much room for soft policy, said Thomas
MF leaders welcome SEBI’s REIT-as-Equity Move; tax opportunities seen as advantages amid liquidity concerns
Details here⤵️
https://www.moneycontrol.com/news/business/markets/mf-leaders-welcome-sebi-s-reit-as-equity-move-tax-opportunities-seen-as-advantages-amid-liquidity-concerns-13704481.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/markets/mf-leaders-welcome-sebi-s-reit-as-equity-move-tax-opportunities-seen-as-advantages-amid-liquidity-concerns-13704481.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
MF leaders welcome SEBI’s REIT-as-Equity Move; tax opportunities seen as advantages amid liquidity concerns
SEBI’s move to classify REITs as equity from January 1 is expected to boost mutual fund participation by easing regulatory limits.
Gold vs silver: With rupee at 90 and Fed decision due, which metal has more steam left?
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https://www.moneycontrol.com/news/business/commodities/gold-vs-silver-with-rupee-at-90-and-fed-decision-due-which-metal-has-more-steam-left-13714209.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/commodities/gold-vs-silver-with-rupee-at-90-and-fed-decision-due-which-metal-has-more-steam-left-13714209.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Gold vs silver: With rupee at 90 and Fed decision due, which metal has more steam left?
On the Multi Commodity Exchange (MCX), gold futures appreciated by Rs 958, or 0.74 per cent, this week, outperforming the global prices.
Goa fire tragedy: Chief general manager, three other staff members arrested
Details here⤵️
https://www.moneycontrol.com/news/india/goa-fire-tragedy-chief-general-manager-three-other-staff-members-arrested-13714319.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Details here⤵️
https://www.moneycontrol.com/news/india/goa-fire-tragedy-chief-general-manager-three-other-staff-members-arrested-13714319.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Goa fire tragedy: Chief general manager, three other staff members arrested
Sawant announced an ex gratia of Rs 5 lakh for the families of the deceased and Rs 50,000 for the injured through the SDRF fund.
🚨 IPO Action: 13 public issues worth Rs 14,700 cr hit Dalal Street this week; 11 companies set for market debut
Read for more 👇
https://www.moneycontrol.com/news/business/ipo/ipo-action-13-public-issues-worth-rs-14-700-cr-hit-dalal-street-this-week-11-companies-set-for-market-debut-13714477.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/ipo/ipo-action-13-public-issues-worth-rs-14-700-cr-hit-dalal-street-this-week-11-companies-set-for-market-debut-13714477.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
IPO Action: 13 public issues worth Rs 14,700 cr hit Dalal Street this week; 11 companies set for market debut
Bengaluru-based home & furnishings company Wakefit Innovations, and pharmaceutical firm Corona Remedies will be the first amongst them in the mainboard segment, opening IPOs on December 8 with price band of Rs 185-195 per share and Rs 1,008-1,062 per share…
🚨 UPI crosses 700 million daily transactions for six straights days in December
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https://www.moneycontrol.com/technology/upi-crosses-700-million-daily-transactions-for-six-straights-days-in-december-article-13714731.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read👇
https://www.moneycontrol.com/technology/upi-crosses-700-million-daily-transactions-for-six-straights-days-in-december-article-13714731.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
UPI crosses 700 million daily transactions for six straights days in December
The mobile payments platform also recorded transactions worth over Rs 1 lakh crore for the first five consecutive days during the month
📉IndiGo shares crash 4% as flight disruptions persist; DGCA flags planning lapses, demands CEO response today
More details here ⤵️
https://www.moneycontrol.com/news/business/stocks/indigo-shares-crash-4-as-flight-disruptions-persist-dgca-flags-planning-lapses-demands-ceo-response-today-13714875.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
More details here ⤵️
https://www.moneycontrol.com/news/business/stocks/indigo-shares-crash-4-as-flight-disruptions-persist-dgca-flags-planning-lapses-demands-ceo-response-today-13714875.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
IndiGo shares crash 9% as flight disruptions persist; DGCA flags planning lapses, demands CEO response today
InterGlobe Aviation stock fell around 9% after Delhi airport issued an early-morning advisory cautioning travellers that IndiGo disruptions were likely through the day, urging them to check flight status before heading to the terminal.
Gold jewellery a poor investment, financial gold shines brighter: Kotak
More Details ⬇🔗
https://moneycontrol.com/news/business/markets/gold-jewellery-a-poor-investment-financial-gold-shines-brighter-kotak-13714889.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
More Details ⬇🔗
https://moneycontrol.com/news/business/markets/gold-jewellery-a-poor-investment-financial-gold-shines-brighter-kotak-13714889.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Gold jewellery a poor investment, financial gold shines brighter: Kotak
Kotak says making charges and stone costs erode wealth, urging investors to shift to ETFs and bullion.
📊 Sensex slips 500 pts, Nifty below 26,000: Caution ahead of Fed meet among key factors behind market decline ⬇🔗
https://www.moneycontrol.com/news/business/markets/sensex-slips-300-pts-nifty-below-26-100-caution-ahead-of-fed-meet-among-key-factors-behind-market-decline-13714895.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
https://www.moneycontrol.com/news/business/markets/sensex-slips-300-pts-nifty-below-26-100-caution-ahead-of-fed-meet-among-key-factors-behind-market-decline-13714895.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Sensex settles 600 pts lower, Nifty ends below 26,000: Caution ahead of Fed meet among key factors behind market decline
Stock Market Today: Sensex, Nifty declined as investors turned defensive ahead of this week's US Federal Reserve policy outcome.
Sensex falls 800 pts, Nifty slips below 25,900: Caution ahead of Fed meet among key factors behind market decline
Details here ⤵️
https://www.moneycontrol.com/news/business/markets/sensex-slips-300-pts-nifty-below-26-100-caution-ahead-of-fed-meet-among-key-factors-behind-market-decline-13714895.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/markets/sensex-slips-300-pts-nifty-below-26-100-caution-ahead-of-fed-meet-among-key-factors-behind-market-decline-13714895.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Sensex settles 600 pts lower, Nifty ends below 26,000: Caution ahead of Fed meet among key factors behind market decline
Stock Market Today: Sensex, Nifty declined as investors turned defensive ahead of this week's US Federal Reserve policy outcome.
Closing Bell 🔔| Sensex, Nifty fall 1% amidst broad-based selloff
Details here⤵️
https://www.moneycontrol.com/news/videos/business/markets/live-sensex-nifty-fall-1-amidst-broad-based-selloff-closing-bell-13715651.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Details here⤵️
https://www.moneycontrol.com/news/videos/business/markets/live-sensex-nifty-fall-1-amidst-broad-based-selloff-closing-bell-13715651.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Sebi overhauls merchant bankers rule; introduces capital adequacy, liquid networth criteria
Details here⤵️
https://www.moneycontrol.com/news/business/markets/sebi-overhauls-merchant-bankers-rule-introduces-capital-adequacy-liquid-networth-criteria-13716020.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Details here⤵️
https://www.moneycontrol.com/news/business/markets/sebi-overhauls-merchant-bankers-rule-introduces-capital-adequacy-liquid-networth-criteria-13716020.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Sebi overhauls merchant bankers rule; introduces capital adequacy, liquid networth criteria
Under the new rule, Sebi has allowed merchant bankers to undertake activities falling outside its purview under the same firm subject to certain conditions.
Sebi comes out with modalities of migration of Alternative Investment Fund into AI only scheme
Details here⤵️
https://www.moneycontrol.com/news/business/markets/sebi-comes-out-with-modalities-of-migration-of-alternative-investment-fund-into-ai-only-scheme-13716250.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Details here⤵️
https://www.moneycontrol.com/news/business/markets/sebi-comes-out-with-modalities-of-migration-of-alternative-investment-fund-into-ai-only-scheme-13716250.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Sebi comes out with modalities of migration of Alternative Investment Fund into AI only scheme
In its circular, Sebi said that any new scheme proposed to be launched as an AI-only scheme or LVF will have the words 'AI only fund' or 'LVF' added to the scheme name at the end, respectively.
Not possible to pinpoint the exact cause of disruption: IndiGo submission to DGCA
Details here⤵️
https://www.moneycontrol.com/news/business/companies/not-possible-to-pinpoint-the-exact-cause-of-disruption-indigo-submission-to-dgca-13716339.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Details here⤵️
https://www.moneycontrol.com/news/business/companies/not-possible-to-pinpoint-the-exact-cause-of-disruption-indigo-submission-to-dgca-13716339.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Not possible to pinpoint the exact cause of disruption: IndiGo submission to DGCA
IndiGo has asked DGCA for more time to provide a comprehensive and conclusive explanation.
FIIs net sell Indian equities worth Rs 656 crore, while DIIs net buy Rs 2,549 crore
Details here⤵️
https://www.moneycontrol.com/news/business/markets/fiis-net-sell-indian-equities-worth-rs-656-crore-while-diis-net-buy-rs-2-549-crore-13716344.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Details here⤵️
https://www.moneycontrol.com/news/business/markets/fiis-net-sell-indian-equities-worth-rs-656-crore-while-diis-net-buy-rs-2-549-crore-13716344.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
FIIs net sell Indian equities worth Rs 656 crore, while DIIs net buy Rs 2,549 crore
For the year so far, FII/FPIs remain net sellers, offloading Indian equities worth Rs 2.68 lakh crore. On the other hand, DIIs added strength to the market with their buying spree reaching Rs 7.27 lakh crore for the year so far.