Infosys co-founder N R Narayana Murthy recently gifted 15 lakh shares of the company to his grandson Ekagrah Rohan Murty, valued at approximately Rs 240 crore, according to a regulatory filing. Even if you are not a tech billionaire, gifting financial assets to family members is a great idea, as such gifts have the… Continue reading Income from shares gifted to minor child gets clubbed with donor’s income | Personal Finance
Tag: shares
Shares in Australia, HK edges higher, while Japan, China stocks decline | World News
By Richard Henderson Asian equities traded within narrow ranges early Monday as investors looked ahead to a busy week of economic data including the Federal Reserve’s preferred inflation gauge. China’s currency pared some of Friday’s losses following support by authorities. Shares in Australia and Hong Kong edged higher, while those in… Continue reading Shares in Australia, HK edges higher, while Japan, China stocks decline | World News
A Latina therapist shares how to handle awkward holiday convos
The end of the year is often marked by holiday cheer, but questions like “Y el/la novio/a?” or comments about body image can shift the joyful spirit to a hostile environment. Latino adults are more likely to feel socially uncomfortable during the holiday season compared with other racial and ethnic groups, according to a 2021… Continue reading A Latina therapist shares how to handle awkward holiday convos
Strong Q1, positive outlook drives gains for M&M; shares rally 4.3%
Shares of Mahindra and Mahindra (M&M) surged by 4.3 per cent to Rs 1,527 per share on the BSE on Monday, following the company’s announcement of a 60 per cent year-on-year jump in consolidated profit after tax to Rs 3,508 crore in the April to June quarter of the financial year 2024 (Q1FY24). Thus… Continue reading Strong Q1, positive outlook drives gains for M&M; shares rally 4.3%
One97 Communications shares jump nearly 7% as Sharma buys Paytm stake
Vijay Shekhar Sharma, Founder, Chairman & CEO – One97 Communications (Paytm) Shares of fintech firm One97 Communications jumped nearly 7 per cent on Monday, following news that its founder and CEO Vijay Shekhar Sharma will acquire 10.30 per cent stake in Paytm from Antfin (Netherlands) Holding BV, through an off-market transfer in a no-cash… Continue reading One97 Communications shares jump nearly 7% as Sharma buys Paytm stake
QIA likely picked up shares worth $500 million in Adani Green: Report
BENGALURU (Reuters) – Qatar Investment Authority (QIA) likely picked up shares worth $500 million in India’s Adani Green Energy via block deals on Monday, ET Now reported, citing sources. Over 1.1 million shares of the Adani Group-owned renewable power producer changed hands in fourteen block deals as of 2 p.m. IST, as per… Continue reading QIA likely picked up shares worth $500 million in Adani Green: Report
Consumer discretionary shares rally; Dixon, Amber surge up to 17% in 2 days
Shares of Dixon Technologies (India) and Amber Enterprises India were trading higher for second straight day, ralling up to 17 per cent in two days and hitting their respective 52-week highs on the BSE in Friday’s intra-day trade. Among individual stocks, Dixon surged 8 per cent to Rs 4,812.70 after the central government restricted import… Continue reading Consumer discretionary shares rally; Dixon, Amber surge up to 17% in 2 days
IndiGo shares decline nearly 5% after record first quarter showing
BSE Odisha 10th Result 2023: All you need to know about checking result Assam HS Result 2023: AHSEC 12th results are out at official website CBSE Results 2023: Everything you need to know to check at website After a solid Q1, IndiGo’s troubles may mount in Q2FY24, warn analysts IndiGo Q3: Focus on international destinations… Continue reading IndiGo shares decline nearly 5% after record first quarter showing
Temasek to invest Rs 1,200 crore in Mahindra Electric via preference shares
Mahindra Electric Automobile Ltd (MEAL), Mahindra & Mahindra’s electric vehicle arm, on Thursday, announced that investment firm Temasek would invest Rs 1,200 crore in the company in compulsorily convertible preference shares. With this, the company’s valuation will rise 15 per cent from Rs 70,070 crore to Rs 80,580 crore. “The securities subscription… Continue reading Temasek to invest Rs 1,200 crore in Mahindra Electric via preference shares
Two entities buy footwear co Campus Activewear shares worth Rs 124 crore
Societe Generale and ICICI Prudential Life Insurance Company on Wednesday bought shares of athleisure footwear company Campus Activewear for Rs 124 crore through open market transactions. According to the bulk deal data available with the NSE and BSE, ICICI Prudential Life Insurance acquired 25 lakh shares and Societe Generale bought more than 17.14… Continue reading Two entities buy footwear co Campus Activewear shares worth Rs 124 crore