Zen Technologies hits 10% upper limit on strong Q1 performance

Shares of Zen Technologies were locked at the 10 per cent upper circuit at Rs 675 on the BSE in Monday’s intra-day trades after the company reported a strong set of earnings for the June quarter.  The company’s net profit zoomed 474 per cent to Rs 47.13 crore for the quarter ended June… Continue reading Zen Technologies hits 10% upper limit on strong Q1 performance

Sebi reduces time limit for AIFs, VCs to invest overseas to 4 months

If these funds fail to make investments within this time limit, then Sebi can allocate their unutilized limits to other applicant AIFs and VCs. Capital markets regulator Sebi on Friday reduced the validity period of approval given to alternative investment funds (AIFs) and venture capital funds (VCFs) for making overseas investments to four months… Continue reading Sebi reduces time limit for AIFs, VCs to invest overseas to 4 months

China proposes to limit children’s smartphone time to max of 2 hrs per day

China’s internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games. The Cyberspace Administration of China on Wednesday published the draft guidelines on its site, stating that… Continue reading China proposes to limit children’s smartphone time to max of 2 hrs per day

Growth, asset quality expectations may limit downside for SBI Card

Rupay forex card out soon: Should you pick one over a credit/ debit card? What’s capping rally in SBI shares despite record net profit in Q4FY23? NIM expansion, loan growth: Top 5 things to track in SBI’s Q4FY23 results What are cashback credit cards? Which are the best ones? How to pick? PNB Q4 results:… Continue reading Growth, asset quality expectations may limit downside for SBI Card