The Finance Act, 2015, had introduced Section 9A to encourage fund management activity from India and provide a safe harbour to onshore managements of offshore funds
BSE Sensex surged 595 points or 1.88 per cent to 32,200.59 levels, with L&T (up 6 per cent) being the top gainer and ITC (down around 1 per cent) the biggest loser
All that happened in the markets today
The Board approved to raise fresh long-term borrowing to meet the company's financial needs during financial year 2020-21, for a sum not exceeding in the aggregate Rs 200 crore
NSE's Nifty50 index ended at 9,315, up 286 points or 3 per cent.
The fund-raising will be used to meet the Haridwar-based company's working capital requirements and strengthen the supply chain network
The company announced stock split plan to make the stock more affordable for the small retail investors and increase liquidity.
As the lockdown restrictions eased gradually, Dabur has been at the forefront of delivering authentic Ayurvedic solutions to meet the emerging Health Care needs of consumers in the post-COVID market.
The company said in the near term, the demand for the Company's product will be impacted which will have some impact on the results of the Company in the short-term.
Net profit, too, saw a 37 per cent YoY fall to Rs 399.8 crore, against estimates of Rs 950-1,000 crore.
UFlex is participating in the tender of various government requirements to supply the PPE Coveralls
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Here's a look at the top stocks that may remain in focus today
A total of 24 companies, including TVS Motor, Lupin, and Federal Bank, are scheduled to announce their March quarter results today
According to the monthly sales update, TVS Motors sold 6.32 lakh units during the quarter
Revenues fell 12.3% and pre-tax profit dropped 22.5% in March quarter
JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out
The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.
Sensex gains 996 points as banking stocks rally
Operational performance, volume growth guidance bode well