🚨 *Instances of frauds in public sector banks (PSBs) jumped nearly six times in the 2023-24 over the previous fiscal, touching nearly 28,000 from 4,787.*
Read here for more details 👇
https://www.moneycontrol.com/news/business/cases-of-fraud-at-psbs-rise-nearly-sixfold-in-fy24-over-fy23-12767870.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/cases-of-fraud-at-psbs-rise-nearly-sixfold-in-fy24-over-fy23-12767870.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Cases of fraud at PSBs rise nearly sixfold in FY24 over FY23
However, an analysis of eight top public sector banks showed that while the total number of frauds surged, the total amount involved was Rs 7,134 crore, down by more than 50%.
#Business | 📅 Tata Communications board to discuss fundraising via NCDs on July 18. The company manages debt strategically to meet financial goals.
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https://www.moneycontrol.com/news/business/tata-communications-board-to-consider-fundraising-proposal-via-ncds-on-july-18-12767915.html
#TataCommunications #Fundraising #NCDs
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https://www.moneycontrol.com/news/business/tata-communications-board-to-consider-fundraising-proposal-via-ncds-on-july-18-12767915.html
#TataCommunications #Fundraising #NCDs
Moneycontrol
Tata Communications board to consider fundraising proposal via NCDs on July 18
Tata Communications said as part of its debt management framework, the company refinances its debt from time to time, and at times ahead of scheduled maturities, to achieve the objectives stated in the framework.
#Business | 🚗 Automobile sales rise 16.4% to 6.4 million units in Q1, with passenger vehicles (PVs) contributing 10.26 lakh units, up 3% from Q1 FY24. 📈
Read more ⤵️
https://www.moneycontrol.com/news/business/automobile-sales-continue-to-move-northwards-jump-16-4-to-6-4-mn-units-in-q1-fy25-12767274.html
#AutomobileSales #DomesticVehicles #TwoWheeler
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https://www.moneycontrol.com/news/business/automobile-sales-continue-to-move-northwards-jump-16-4-to-6-4-mn-units-in-q1-fy25-12767274.html
#AutomobileSales #DomesticVehicles #TwoWheeler
Moneycontrol
Automobile sales continue to move upwards, jump 16.4% to 6.4 mn units in Q1: SIAM
Total automobile sales include 10,26,000 units of PVs, up by 3 percent from 9,96,565 units in Q1 FY24, as per the data shared by auto industry body
#MCTrends | 🎾 Paolini wins epic Wimbledon semi, sets up final clash with Krejcikova after thrilling victories! 🏆
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https://www.moneycontrol.com/sports/paolini-to-face-krejcikova-in-wimbledon-final-after-epic-semifinal-victories-article-12767937.html
#Wimbledon #WomensTennis #BarboraKrejcikova #JasminePaolini
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https://www.moneycontrol.com/sports/paolini-to-face-krejcikova-in-wimbledon-final-after-epic-semifinal-victories-article-12767937.html
#Wimbledon #WomensTennis #BarboraKrejcikova #JasminePaolini
Moneycontrol
Paolini to face Krejcikova in Wimbledon final after epic semifinal victories
Paolini survived the longest women's singles semi-final in Wimbledon history to beat Donna Vekic 2-6, 6-4, 7-6 (10/8) after two hours and 51 minutes of Centre Court drama on Thursday. She will face Czech 31st seed Krejcikova, who enjoyed a shock 3-6, 6-3…
#MCPersonalFinance | July 31st, The last date for filing income tax returns for the financial year 2023-24 is drawing closer.
Read to know how monitor the status through the I-T department’s e-filing portal 👇
https://moneycontrol.com/news/business/personal-finance/itr-filing-2023-24-how-to-check-income-tax-refund-status-12768009.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read to know how monitor the status through the I-T department’s e-filing portal 👇
https://moneycontrol.com/news/business/personal-finance/itr-filing-2023-24-how-to-check-income-tax-refund-status-12768009.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
ITR filing 2023-24: How to check income tax refund status
Income tax: Expecting refund on excess taxes paid after filing tax returns? You can monitor the status through the I-T department’s e-filing portal.
#Business | 📉 HCLTech's headcount drops by 8,080 in Q1FY25, with 7,398 employees lost due to divestiture.
Read all about it🔽
https://www.moneycontrol.com/news/business/personal-finance/citibank-credit-cards-to-become-axis-know-your-fees-features-benefits-https://www.moneycontrol.com/technology/hcltech-sees-headcount-decline-by-8080-in-q1fy25-article-12768022.html.html
#HCLTech #ITCompany #Earnings #ITJobs
Read all about it🔽
https://www.moneycontrol.com/news/business/personal-finance/citibank-credit-cards-to-become-axis-know-your-fees-features-benefits-https://www.moneycontrol.com/technology/hcltech-sees-headcount-decline-by-8080-in-q1fy25-article-12768022.html.html
#HCLTech #ITCompany #Earnings #ITJobs
Moneycontrol
HCLTech sees headcount decline by 8,080 in Q1FY25
The company said it lost around 7,398 employees due to a divestiture.
*Good morning!* 🌻
*Did you miss out on the top news yesterday?* 🧐
Here's your chance to catch up 👇
https://www.moneycontrol.com/news/business/moneycontrol-daily-your-essential-7-1105-12768161.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
*Did you miss out on the top news yesterday?* 🧐
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https://www.moneycontrol.com/news/business/moneycontrol-daily-your-essential-7-1105-12768161.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
#InPics | ✨ #AnantAmbani and #RadhikaMerchant are now married! Here's a glimpse of the newly weds.
💥The glittering ceremony saw the who's who from world of politics, business, entertainment and sports from India and around the world. 🌎
💥The glittering ceremony saw the who's who from world of politics, business, entertainment and sports from India and around the world. 🌎
#MCOpinion | Delivery Diaries: A breakdown of what India eats & how it's changing 🍽️
From craving more often to shifting away from traditional meal schedules, see how our food choices are changing.🥘
Read more on this⤵️
https://www.moneycontrol.com/news/opinion/delivery-diaries-a-breakdown-of-what-india-eats-and-how-its-changing-12764443.html
#Food #India #Opinion #Swiggy #Zomato
From craving more often to shifting away from traditional meal schedules, see how our food choices are changing.🥘
Read more on this⤵️
https://www.moneycontrol.com/news/opinion/delivery-diaries-a-breakdown-of-what-india-eats-and-how-its-changing-12764443.html
#Food #India #Opinion #Swiggy #Zomato
Moneycontrol
Delivery Diaries: A breakdown of what India eats and how it's changing
Eating is now just a secondary habit, yet we consume more. It's no longer about three meals a day but giving in more often to our craving
#MCOpinion | #Budget: The industry is hoping that a new provision which allows refund of the taxes paid in excess to the government is implemented in this Budget. 💰 Providing guidance to the industry by having a dedicated provision in law may help in reducing litigation📈
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https://www.moneycontrol.com/news/opinion/budget-2024-should-allow-refund-of-excess-taxes-paid-under-cgst-12765554.html
#Refund #Taxes #Government #Budget #GST #NirmalaSitharaman
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https://www.moneycontrol.com/news/opinion/budget-2024-should-allow-refund-of-excess-taxes-paid-under-cgst-12765554.html
#Refund #Taxes #Government #Budget #GST #NirmalaSitharaman
Moneycontrol
Budget 2024 should allow refund of excess taxes paid under CGST
Budget 2024-25: GST Council recommended change in CGST to regularise short-levy of tax. But tax payers can’t claim refunds for excess payments. Budget can set it right
#MCPersonalFinance | *SEBI in a recent consultation paper has proposed the introduction of hybrid passive funds. SEBI’s move is part of its consultation paper on MF Lite regulations.*
Read to know⏬
https://moneycontrol.com/news/business/personal-finance/sebi-proposes-passive-hybrid-funds-will-investors-benefit-12763022.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://moneycontrol.com/news/business/personal-finance/sebi-proposes-passive-hybrid-funds-will-investors-benefit-12763022.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
SEBI proposes passive hybrid funds: Will investors benefit?
SEBI’s move is part of its consultation paper on MF Lite regulations. Like other categories, AMCs here too would be allowed to launch only one scheme per category. And the asset allocation has to be maintained/rebalanced on a quarterly basis.
#MCOpinion| A 15 percent tax rate has catalyzed capital investment and reduced tariffs for state electricity boards. It positions India competitively alongside other Southeast Asian nations. ⚡💰
Know more about this🔽
https://www.moneycontrol.com/news/opinion/budget-2024-the-case-to-extend-15-percent-tax-rate-for-manufacturing-12764050.html
#Budget #Manufacturing #Opinion #Tax
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https://www.moneycontrol.com/news/opinion/budget-2024-the-case-to-extend-15-percent-tax-rate-for-manufacturing-12764050.html
#Budget #Manufacturing #Opinion #Tax
Moneycontrol
Budget 2024: The case to extend 15 percent tax rate for manufacturing
India's economic progress depends on the expansion of manufacturing sector. Tax concession to this sector has had positive effects and it's important to build on early success
#MCPersonalFinance | *July 31st is the last date for filing income tax returns for the financial year 2023-24 .* ⏳
Read to know how monitor the status through the I-T department’s e-filing portal 👇 https://moneycontrol.com/news/business/personal-finance/itr-filing-2023-24-how-to-check-income-tax-refund-status-12768009.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read to know how monitor the status through the I-T department’s e-filing portal 👇 https://moneycontrol.com/news/business/personal-finance/itr-filing-2023-24-how-to-check-income-tax-refund-status-12768009.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
ITR filing 2023-24: How to check income tax refund status
Income tax: Expecting refund on excess taxes paid after filing tax returns? You can monitor the status through the I-T department’s e-filing portal.
#MCExclusive 🚨 | 📉 Sebi's expert panel proposes crackdown on F&O trading: Only one weekly options contract per exchange, minimum lot size ₹20-30 lakh.
Read more on this👇
https://www.moneycontrol.com/news/business/markets/mc-exclusive-fo-crackdown-only-one-weekly-options-contract-per-exchange-min-lot-size-rs-20-30-lakh-derivatives-panel-suggests-12765081.html
#Derivatives #TradingRestrictions #Nifty #Sensex
Read more on this👇
https://www.moneycontrol.com/news/business/markets/mc-exclusive-fo-crackdown-only-one-weekly-options-contract-per-exchange-min-lot-size-rs-20-30-lakh-derivatives-panel-suggests-12765081.html
#Derivatives #TradingRestrictions #Nifty #Sensex
Moneycontrol
MC Exclusive| F&O crackdown: Only one weekly options contract per exchange, min lot size Rs 20-30 lakh, derivatives panel suggests
The expert working committee appointed by Sebi has suggested a host of measures to rein in speculative trading in derivatives.
#MarketsWithMC | 💼💰 Equity supply set to surge! Ashish Gupta, CIO of Axis Mutual Fund, predicts ₹5,94,320 crore influx into the market.
Tap to learn more⤵️
https://www.moneycontrol.com/news/business/markets/rs-594320-crore-thats-the-amount-of-equity-supply-that-is-likely-to-hit-the-market-12766248.html
#AxisMutualFund #Equity #MarketEdge
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https://www.moneycontrol.com/news/business/markets/rs-594320-crore-thats-the-amount-of-equity-supply-that-is-likely-to-hit-the-market-12766248.html
#AxisMutualFund #Equity #MarketEdge
Moneycontrol
Rs 5,94,320 crore: That’s the amount of equity supply that is likely to hit the market
Ashish Gupta, CIO of Axis Mutual Fund, lays out the numbers to show the deluge of equity papers is only going to accelerate.
#MarketsWithMC | 💼 Smaller PMS funds hindered by rising compliance costs and processes, say portfolio managers. 📉
Know all about this🔽
https://www.moneycontrol.com/news/business/markets/pms-sebi-compliance-cost-portfolio-managers-12767996.html
#MarketEdge #PMS #Markets #PortfolioManagers
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https://www.moneycontrol.com/news/business/markets/pms-sebi-compliance-cost-portfolio-managers-12767996.html
#MarketEdge #PMS #Markets #PortfolioManagers
Moneycontrol
Rising compliance costs, processes stifling smaller PMS funds, say portfolio managers
Smaller PMS players are finding cumbersome compliance processes and related costs stifling growth and skewing the playing field in favour of larger players.
#Breaking 🚨 | Quant Mutual Fund hits record AUM of ₹94,000 crore! 📈 NAVs of most schemes also reach all-time highs.
Know all about this👇
https://www.moneycontrol.com/news/business/quant-mutual-funds-aum-at-all-time-high-of-rs-94000-crore-navs-of-most-schemes-hit-record-levels-12768340.html
#QuantMutualFund #AUM #NAV #SEBI
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https://www.moneycontrol.com/news/business/quant-mutual-funds-aum-at-all-time-high-of-rs-94000-crore-navs-of-most-schemes-hit-record-levels-12768340.html
#QuantMutualFund #AUM #NAV #SEBI
Moneycontrol
Quant Mutual Fund's AUM at all time high of Rs 94,000 crore, NAVs of most schemes hit record levels
The mutual fund house conveyed this to the investors after sending out a mail earlier in the day, which clarified details about the market regulator's investigations into front-running allegations.
#Business | Qualcomm takes legal action against Transsion over alleged patent violations involving four non-standard essential patents. 📱 Brands like Tecno, Infinix, iTel are under scrutiny.
Stay up to date⤵️
https://www.moneycontrol.com/technology/qualcomm-is-suing-this-popular-chinese-smartphone-maker-heres-why-article-12768341.html
#Qualcomm #Transsion #Tecno #Infinix
Stay up to date⤵️
https://www.moneycontrol.com/technology/qualcomm-is-suing-this-popular-chinese-smartphone-maker-heres-why-article-12768341.html
#Qualcomm #Transsion #Tecno #Infinix
Moneycontrol
Qualcomm is suing this popular Chinese smartphone maker, here’s why
Qualcomm has alleged that Transsion violated four non-standard essential patents. Transsion has brands like Tecno, Infinix, iTel under its portfolio.
#MarketsWithMC | AIF fund managers push for increased F&O exposure, advocating for a new high-risk fund category. 📈
Read more about this👇
https://www.moneycontrol.com/news/business/markets/aif-fund-managers-seek-higher-fo-exposure-separate-category-of-high-risk-funds-12765728.html
#FundManager #Futures #Options #FundManagement
Read more about this👇
https://www.moneycontrol.com/news/business/markets/aif-fund-managers-seek-higher-fo-exposure-separate-category-of-high-risk-funds-12765728.html
#FundManager #Futures #Options #FundManagement
Moneycontrol
AIF fund managers seek higher F&O exposure, separate category of high risk funds
Market experts said the main reason for SEBI capping derivatives exposure for AIFs and MFs is that they handle public money. But some AIF money managers counter that saying there should be a level playing field between AIFs and FPIs, because both are regulated…
#MCExclusive 🚨 | DMart Q1 results: Net profit climbs 17.5% to ₹773.8 crore; revenue up 18.6% YoY to ₹14,069.1 crore. 📈
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https://www.moneycontrol.com/news/business/earnings/dmart-q1-result-net-profit-rises-17-5-to-rs-773-8-crore-revenue-up-18-6-12768413.html
#DMart #Earnings #NetProfit #Revenue #EarningsWithMC
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https://www.moneycontrol.com/news/business/earnings/dmart-q1-result-net-profit-rises-17-5-to-rs-773-8-crore-revenue-up-18-6-12768413.html
#DMart #Earnings #NetProfit #Revenue #EarningsWithMC
Moneycontrol
DMart Q1 results: Net profit rises 17.5% to Rs 773.8 crore; revenue up 18.6%
The company reported an 18.6 percent YoY rise in consolidated revenue from operations at Rs 14,069.1 crore against Rs 11,865.4 crore a year ago.
EURO 2024 | Spain eyes a record 4th Euro title, while England hopes to end a 58-year trophy drought in the #Euro2024 final! ⚽
Read ⤵️ for more info!
https://www.moneycontrol.com/sports/euro-2024-final-spain-eye-record-4th-title-england-look-to-end-58-year-wait-article-12768464.html
#Spain #England #Euros #Football #Soccer
Read ⤵️ for more info!
https://www.moneycontrol.com/sports/euro-2024-final-spain-eye-record-4th-title-england-look-to-end-58-year-wait-article-12768464.html
#Spain #England #Euros #Football #Soccer
Moneycontrol
Euro 2024 final: Spain eye record 4th title, England look to end 58-year wait