Tata Capital to File IPO Draft Papers Post NCLT Merger Approval Tata Capital, the financial services arm of the Tata Group, will file draft papers for its Initial Public Offering (IPO) after receiving final approval from the National Company Law Tribunal (NCLT) for its merger…
Category: Finance
CR Patil Urges Cash Transactions in Textile Industry
FOSTTA Event Highlights Industry Challenges and Solutions Senior Industrialists Honored at FOSTTA Annual Meeting Surat, a major hub for the textile industry, recently hosted a special event organized by the Federation of Trade and Textile Associations (FOSTTA). Central Minister for Jal Shakti, C.R. Patil, was…
Carraro India Limited IPO: Bidding for the Second Day, Investors Have Time Until December 24
The bidding for Carraro India Limited’s Initial Public Offering (IPO) began today, marking its second day. Investors can place their bids for this issue until tomorrow, December 24. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)…
GST Council Meeting in Jaisalmer: No Reduction in GST on Health and Term Insurance, Other Key Proposals Deferred
In a significant update, the proposal to reduce GST on health and term insurance has been deferred due to opposition from several states. The decision was made during the GST Council’s 55th meeting, chaired by Union Finance Minister Nirmala Sitharaman, which took place in Jaisalmer…
UPI: Transforming Digital Payments in India
Processed Over 16 Billion Transactions Worth ₹23.49 Lakh Crores in October 2024 In October 2024, the Unified Payments Interface (UPI) marked a historic achievement by processing 16.58 billion financial transactions in just one month, showcasing its crucial role in India’s digital transformation. Launched in 2016…
ONGC Expands Stake in ACG Oil Field and BTC Pipeline: Key Updates for Investors
ONGC Dials Expansion with ACG Oil Field and BTC Pipeline Share Oil and Natural Gas Corporation, a Maharatna public sector undertaking, has strategically attempted to strengthen its presence in the oil and gas sector around the globe. ONGC Videsh, the wholly-owned subsidiary of ONGC, had announced a major acquisition deal in Azerbaijan’s Azeri-Chirag-Gunashli (ACG) oil field and the Baku-Tbilisi-Ceyhan pipeline. This development has been seen to have brought…