In a significant development, the Securities and Exchange Board of India (SEBI) has imposed a five-year ban on industrialist Anil Ambani. This decision comes after a 22-page report outlined multiple allegations against him and his company, primarily centered around the diversion of funds. But what does this fund diversion entail, and what led to the ...
When it comes to job selection, what do you prioritize the most? Many people might instinctively answer “salary,” but it appears that this assumption may not hold true for everyone. Recent surveys reveal a significant shift in focus among employees, indicating that their job satisfaction is increasingly influenced by factors beyond just financial compensation. In ...
The troubles for business magnate Anil Ambani do not seem to be easing. Following a significant announcement from the Securities and Exchange Board of India (SEBI), shares of his companies plummeted sharply. Yes, the last trading day of the week turned out to be unfavorable for Anil Ambani as SEBI imposed a five-year ban on ...
In a shocking turn of events, prominent industrialist Anil Ambani has faced significant repercussions from the Securities and Exchange Board of India (SEBI). The market regulator has imposed a ban on Ambani for five years, alongside a hefty penalty of Rs 25 crores. This decision affects Ambani as well as 24 other entities, barring them ...
India’s defense sector is on the brink of a significant transformation, with stocks poised to take off. If you are an investor in the stock market, this news could prove beneficial for you. Recent developments indicate that stocks related to defense companies are set to experience pivotal changes in the upcoming days. Defense Minister Rajnath ...
Gautam Adani’s Continued Expansion in the Power Sector Business magnate Gautam Adani is poised for further expansion in the power sector. The Adani Group is once again in acquisition mode, preparing to purchase another company with an investment of ₹4,100 crore. The power company, Lanco Amarkantak, is currently undergoing insolvency proceedings, and the National Company ...
Introduction The Chandrayaan-3 mission has successfully completed one year, marking an incredible milestone for India in the space exploration sector. This achievement has not only elevated India’s status on the global stage but also celebrated the significant contributions of various entities involved, especially L&T (Larsen & Toubro), a major Indian conglomerate. Let’s delve into L&T’s ...
Attention all bank customers! If you have any banking tasks pending, today is the last day to get them done. Starting tomorrow, banks across the country will remain closed for a continuous three days. The closure is a result of the pre-announced holiday schedule released by the Reserve Bank of India at the beginning of ...
If you have been dreaming of purchasing your dream car, it might be time to pause and think again. The government of Punjab has made car ownership more expensive for the general public. Recently, the Punjab government increased the tax on cars and two-wheeler vehicles by up to one percent. This means the overall cost ...
The gold loan market in India is experiencing remarkable growth, mirroring the broader upward trends seen across various sectors, from the stock market to retail. As people increasingly seek financial solutions, there has been a significant rise in the practice of taking out loans against gold, with many individuals opting to use their gold assets ...