Low-cost carrier SpiceJet on Monday informed the Delhi high court that it had returned a leased engine to its lessor, Engine Lease Finance BV, in Brussels, Belgium, on 5 March. The court had ordered SpiceJet to return the engine by 10 March at its own expense after unsuccessful settlement talks between the airline and the lessor.
Open FlipMahila Samman Savings Certificate (MSSC) is a post office, guaranteed return scheme that encourages women to save and invest their money in small proportions. A woman can deposit as low as Rs 1000 and as high as Rs 2 lakh at one time in the scheme for a duration of two years. They get 7.5 per cent interest compounded quarterly and paid at the time of maturity.
Open FlipPersonal loans carry extra charges in addition to the interest rate due to their unsecured nature. Being informed about these fees in advance allows you to incorporate the total loan cost into your considerations and prevents surprises later on. Typical costs and fees associated with personal loansSome of the prevalent charges and fees associated with personal loans comprise processing fee.
Open FlipAirlines are projected to report a lower net loss of Rs 3,000 to 4,000 crore in the current as well as next financial years, helped by healthy passenger traffic growth and pricing discipline, a report said on Monday. For February, credit rating agency Icra in its report said domestic air passenger traffic was estimated at around 127.5 lakh. The aviation sector has also been grappling with supply.
Open FlipThe rupee declined by 8 paise to settle at 82.75 (provisional) against the US dollar on Monday, tracking bearish equity markets. Forex analysts said weakness in the US dollar and a decline in crude oil prices cushioned the downside. At the interbank foreign exchange market, the local unit opened at 82.74 and touched the intra-day low of 82.76 against the greenback.
Open FlipThe Apollo Hospitals Group on Monday announced the launch of a state-of-the-art multi-specialty emergency medical centre at the Shri Ram Janmabhoomi pilgrimage site in Ayodhya. Talking about the advanced services of the centre, Apollo Hospitals Group Chairman Dr Pratap C. Reddy said that a wide range of better medical services will be available in the centre.
Open FlipBigg Boss OTT winner Elvish Yadav, who has been booked for allegedly assaulting a YouTuber in a shopping mall, got slammed on social media in recent days for recommending a penny stock in the past. On December 19, 2022, Yadav said he sees good short-term potential in a penny stock called White Organic Retail. "For My Stock Market People. Added World@₹128-135 today to my portfolio."
Open FlipThe Nifty closed at 22493.55, down by 0.72% for the day. Throughout the day, the Nifty reached a high of 22526.6 and a low of 22307.25. Similarly, the Sensex traded between the range of 74187.35 and 73433.91, closing at 74119.39, down by 0.83% compared to the opening price, which was 616.75 points lower.In comparison to the Nifty 50, the Nifty Midcap 50 closed 0.52% down.
Open FlipThe benchmark equity indices Nifty 50 and Sensex ended Monday’s trading session in negative territory. Both the equity indices NSE and BSE saw profit booking. The 50-stock index touched a new lifetime high of 22,526.60 but later closed off highs. The Nifty 50 closed 160.90 points lower to settle at 22,332.65 points. While S&P BSE Sensex closed 616.75 points lower to settle at 73,502.64 points.
Open FlipSeeking a personal loan online presents a convenient option provided by numerous lenders. Here is a basic outline of the process:Conduct research and evaluate lenders: Begin by exploring various lenders, and comparing factors such as interest rates, fees, loan terms, and eligibility criteria. Focus on reputable lenders in your region that align with your specific loan amount requirements.
Open FlipBenchmark equity indices closed in the red on Monday, dragged by banking and Tata group stocks, with investors turning cautious ahead of key domestic and US inflation data due on Tuesday. The BSE benchmark Sensex declined 617 points or 0.83% to settle at 73,502, while the broader NSE Nifty dropped 161 points or 0.72% to end at 22,332.
Open FlipFacilities management services company Krystal Integrated Services’ IPO is set to open on March 14. The public offer comprises a fresh issue of 24.47 lakh shares and an offer-for-sale of 17.5 lakh shares. Here are 10 key things to know before subscribing to the offer: 1) IPO Dates The IPO will open for subscription on March 14 and close on March 18, 2024.
Open FlipThe Body Shop, a UK-based cosmetics firm, shut down all of its US-based operations, reported CNN on Monday, adding, that it will soon be closing dozens of Canadian store locations after filing for bankruptcy. In an official release earlier in March, the firm announced that its US subsidiary was no longer operational, effective March 1.
Open FlipJM Financial Home Loans is looking to grow its AUM to Rs 5,000 crore by the financial year 2025-2026, said Manish Sheth, MD & CEO of the company. The company has a capital base of Rs. 450 crore and a leverage of three times. It is also looking to further increase its presence in Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Telangana, Andhra Pradesh, Karnataka and Tamil Nadu.
Open FlipMukul Agrawal portfolio: Gensol Engineering shares are one of those stocks listed on Dalal Street that has been in the retracement zone for a long. After the strong sell-off in the Indian stock market today, Gensol Engineering share price today touched a 10 percent lower circuit when it made an intraday low of ₹911.45 apiece on NSE.
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