What's the best way to invest in stocks with no experience? Many will suggest you buy into an index fund. These investment vehicles, usually marketed as exchange-traded funds (ETFs), often track an index, which is a collection of stocks with some criteria in common.There are indexes for nearly anything you can think of. There are indexes that track utility companies, small-cap companies.
Open FlipMultibagger Inox Wind share price gained more than 5% on Thursday as company's Board of Directors proposed issuance of bonus shares of 3:1. Inox Wind in its release on the exchanges said that “Board of Directors of the company at its meeting held on 25th April 2024 has proposed the issuance of bonus shares of 3:1 (three bonus equity shares for every one existing equity share).
Open FlipNavigating investments is like steering a ship through unpredictable waters. Take the instance of Rohan Smith living in the US who was an expert in taking large ships out of ports.His forefathers from India were also seafarers. On this day when he was maneuvering the ship, he suddenly felt cold with sweat breaking out on his dry skin.
Open FlipPeople who don't want to take any risks should opt for fixed income plans. They should do fixed income investments through debt mutual funds, and if they want to invest in gold, don't buy gold in the form of jewellery; they should buy SGB (sovereign gold bonds), opines Anil Singhvi. Singhvi suggests Gen Z invest in the stock market, insurance, mutual funds, and gold.
Open FlipSyngene International share price have remained volatile in the recent past. The concerns on challenging funding conditions for US biotech that led to decreased demand for R&D services have addded to the volatility in Biocon Research arm Syngene International share prices. Jonathan Hunt, Managing Director and Chief Executive Officer, Syngene International Limited, said.
Open FlipTech Mahindra Q4 result preview: Tech Mahindra is all set to declare its March quarter result on Thursday, April 25. The IT firm's revenue growth may remain muted, and profit numbers could fall year-on-year. However, Tech Mahindra is expected to report a sequential rise in profit numbers due to the low base of the last quarter. The IT player had reported a 61% year-on-year fall in net profit.
Open FlipShares of Bajaj Finance dropped nearly 3% to Rs 7,129 in Thursday's intraday trade on BSE ahead of the company's March quarter results due later in the day.The leading NBFC firm is expected to report healthy growth in both bottom line and topline for the quarter ended March 2024.Net profit for the fourth quarter is likely to rise to 22% year-on-year (YoY).
Open FlipAditya Birla Group chairman Kumar Mangalam Birla said on Thursday that the success of Vodafone Idea’s ₹18,000-crore follow-on public offer, India’s largest FPO to date, marked a turning point for the telecom industry. Calling the third-largest carrier a ‘national asset’, he said Vodafone Idea would stage a smart turnaround on the back of the fundraise and support from banks.
Open FlipA glitch in the ICICI Bank mobile banking application, iMobile Pay, has been flagged, with users claiming that they can view sensitive details of other people's credit cards on the platform. In a post on social media platform X (formerly known as Twitter), Sumanta Mandal, founder of TechnoFino, tagged the bank and the Reserve Bank of India (RBI) to urgently address the issue.
Open FlipIn today's job market, the appeal of work-from-anywhere positions has surged, offering professionals the flexibility to pursue their careers from any location. This trend comes amidst increasing mandates for remote work and tightening restrictions imposed by employers.Jobs portal FlexJobs in its study report 'Top 30 Companies That Hire for Work-From-Anywhere Jobs' looked at data between January.
Open FlipAmidst the political uproar surrounding 'inheritance tax' in India, an old video featuring Nikhil Kamath, co-founder of Zerodha, where he is discussing the issue with Mint, has surfaced. In the video, Kamath expresses his support for inheritance tax in India. “When wealth is passed down from one generation to another, there needs to be a mechanism in place to redistribute a portion of it."
Open FlipTata Consultancy Services CEO K Krithivasan believes that artificial intelligence has the potential to significantly alter the landscape of call centres, within a short timeframe, the Financial Times reported. Krithivasan thinks AI could have a transformative impact on the industry, and foresees a scenario where call centres would get minimal incoming calls.
Open FlipSince its debut on the NSE SME on April 5, Vijay Kedia backed TAC Infosec share price has surged by more than 400% in less than a month. As of right now, the investors who received shares would have earned about ₹6.36 lakhs. TAC Infosec share price today were locked at 10% upper circuit, the stock opened at ₹518 apiece on NSE, it touched an intraday high of ₹530.05.
Open FlipMahindra Logistics Ltd, an integrated third-party logistics (3PL) provider, reported healthy numbers during the March quarter (Q4FY24), delivering a pleasant surprise on revenue growth and sequential margin recovery. Consolidated revenue grew 14% year-on-year (yoy) to ₹1,451 crore in the quarter. Ebitda margin came in at 3.9%, down more than 100 basis points yoy.
Open FlipSwiggy IPO: Bengaluru-based Swiggy's initial public offering (IPO) has been approved by its shareholders, reported Economic Times (ET), citing regulatory filings.The food and grocery delivery business intends to raise up to ₹3,750 crore ($450 million) in fresh capital, as well as an offer-for-sale (OFS) component worth up to ₹6,664 crore ($800 million), said ET in its report.
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