Shares Archives

31 Mar

Vanguard Total Stock Market Index fund, which created $1.15 trillion in Value for Investors

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#VanguardTotalStockMarketIndexfund #Vanguard$1.15trillionforInvestors NewYork: The basic job of a mutual fund is to take investors’ dollars and turn them into more dollars. The funds that have proved most successful have key things in common—they are large, low cost, and diversified—finds a Morningstar study. That may come as no surprise to fans of index funds, which tend to be designed with those features in mind. Plenty of active funds, including favorites like Growth Fund of America and Fidelity Contrafund, are also top performers, Morningstar found. which funds increased their assets under management the most in the 10 years ended in 2024, while factoring…

31 Mar

टाटा न्यू एचडीएफसी बैंक क्रेडिट कार्ड्स की संख्या 2 मिलियन के पार

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टाटा न्यू एचडीएफसी बैंक क्रेडिट कार्ड्स की संख्या 2 मिलियन के पार चंडीगढ़: टाटा न्यू और एचडीएफसी बैंक ने आज एक महत्वपूर्ण उपलब्धि की घोषणा की। टाटा न्यू एचडीएफसी बैंक क्रेडिट कार्ड ने जारी किए हुए कार्ड्स की संख्या 2 मिलियन पर पहुंच चुकी है। इस महत्वपूर्ण पड़ाव को पार करके टाटा न्यू एचडीएफसी बैंक क्रेडिट कार्ड ने भारत के पसंदीदा रिवॉर्ड क्रेडिट कार्ड में से एक के रूप में अपनी स्थिति को मज़बूत किया है। यह उपलब्धि देश भर के ग्राहकों को मूल्य और एक सहज रिवॉर्ड इकोसिस्टम प्रदान करने में कार्ड की उल्लेखनीय सफलता को रेखांकित करती है। टाटा…

31 Mar

L&T Wins Ultra Mega Contract for its Offshore Hydrocarbon Business

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L&T’s largest order till date Chandigarh: QatarEnergy LNG, the world’s premier LNG company, has awarded an Ultra Mega Offshore Contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) to Larsen & Toubro Limited (L&T) Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) marking the largest single contract ever received by L&T. The scope of work encompasses the engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, each comprising of large offshore platforms with compression & power generation facilities, living quarters, flare platforms, interconnected bridges, and other associated structures to be located at approximately 80 kms…

30 Mar

Finfluencers with AMFI registration may face SEBI scrutiny

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#FinfluencersAMFISEBI Mumbai: Iinfluencers, or 'finfluencers,' registered as mutual fund distributors (MFDs) with the Association of Mutual Funds in India (AMFI). This move comes as the regulator seeks to harmonize advertising codes across various regulated entities and address the spread of financial misinformation on social media platforms. SEBI chairperson Tuhin Kanta Pandey stressed the importance of uniform advertising codes for all SEBI-regulated entities. "I have been talking to various associations. Several things can be done in terms of rationalization, removing redundancy, in case of combining things, and sometimes combining things across regulations," he said. AMFI regulates MFDs. If it doesn't, Pandey assured SEBI's…

30 Mar

SEBI Fines Basant Maheshwari Wealth For Fee Norm Violation, Exaggerated YouTube Captions

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#SEBIFinesBasantMaheshwariWealth Mumbai: The Securities and Exchange Board of India (SEBI) has imposed a Rs 4 lakh penalty on Basant Maheshwari Wealth Advisers LLP for breaching investment adviser regulations, including violations related to misleading advertising practices. A finding from SEBI’s inspection, conducted on December 29, 2023, covering the period from October 19, 2023, to December 31, 2023, was the firm’s use of exaggerated captions in its YouTube videos. SEBI’s advertising code prohibits investment advisers from making misleading claims or using exaggerated promotional content to attract investors. The firm’s marketing practices, particularly on digital platforms, were found to be non-compliant with these…

30 Mar

April 1: New mutual fund rules, Stricter NFO timelines, SIF launch

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#MutualFundsNFOSIF01April Mumbai: The Securities and Exchange Board of India (SEBI) has introduced a series of new regulations effective from April 1, 2025. These changes impact fund deployment timelines, introduce a new investment product category called Specialised Investment Fund (SIF), and enable DigiLocker integration for investment statements. Stricter Timelines for NFOsSEBI now requires AMCs to deploy funds raised through NFOs within 30 business days of unit allotment. If deployment is delayed, a one-time extension of another 30 business days is allowed with Investment Committee approval. Failure to deploy funds within 60 business days will result in a halt on fresh inflows,…

29 Mar

Rs 2,00,000 crore worth unclaimed assets in India include equity shares, FD, bonds etc.

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Now Nominees Can Now Access Stocks And Mutual Funds Of Deceased Investors Via DigiLocker From April 1 Mumbai: According to media reports, there are Rs 2,00,000 crore worth unclaimed assets in India. These include equity shares, fixed deposits, bonds and other instruments. In most of the situations, where no body claims, the money flows into an investor protection fund. In another major move, the government has introduced a significant benefit for the nominees of deceased investors, allowing them to access the mutual funds and stocks of the deceased. Starting April 1, registered nominees will be able to retrieve information and…

29 Mar

Indian Railways Holds about 4.90 Lakh Hectares of Land as of March 2024

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#IndianRailways4.90LakhHectaresLand Surplus Railway Land Leased for Commercial Development While Retaining Ownership New Delhi: As on 31.03.2024, the total land in possession of Indian Railways is about 4.90 lakh hectares out of which 8812 Ha land has been leased for various purposes. This includes railway land leased/licensed for passenger facilities, cargo related facilities, commercial development, etc. Zone-wise details of total railway land, total leased land are as under: (Figures in hectares) Zonal Railway Total railway Land Total railway land leased/licensed Central 31,476 168 Eastern 21,082 469 East Central 33,644 2,437 East Coast 23,010 273 Northern 46,447 474 North Central 21,149 220…

29 Mar

Anil Agarwal joins the Ghibli Trend: A Nod to Innovation and Culture

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#AnilAgarwalGhibliTrend Chandigarh: Anil Agarwal, Chairman of Vedanta Ltd., has joined the viral Ghibli AI trend, standing alongside global visionaries like Elon Musk, Sam Altman, and Assam’s Hon’ble Chief Minister, Himanta Biswa Sarma. With this, he brings an Indian business powerhouse into the digital conversation. Vedanta has long embraced a forward-thinking, digital-first approach, integrating technology, innovation, and automation to enhance efficiency and drive operational excellence. Now, engaging with this AI-driven trend, Agarwal shared his experience, saying, "Today the youngsters in my office were trying a new feature on ChatGPT jisse Ghibli-style art banta hai. So, I asked them to make one…

29 Mar

STUDDS ACCESSORIES LIMITED FILES DRHP WITH SEBI

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#STUDDSACCESSORIESIPO Chandigarh: Studds Accessories Limited (“the Company”), the largest two-wheeler helmets player in India in terms of revenue in Fiscal 2023 and also the world’s largest two-wheeler helmet player by volume in Calendar Year 2024. (Source: CARE Report) has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company plans to raise funds through offer of equity share capital via initial public offering. The Public Offer comprises ‘Offer for Sale’ of up to 7,786,120 equity shares with face value Rs.5 each share. Studds Accessories design, manufacture, market and sell two-wheeler helmets…