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What is Dual Aspect Concept? Explanation with Example

What is Dual Aspect Concept? Dual Aspect Concept – This accounting concept states that there are two aspects of each and every transaction that is debit and credit of equal amount. The economic resources of an entity or...

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Overview of Trend Analysis – Definition, Methods and Limitations

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Overview of Trend Analysis In overview of trend analysis, we will be discussing Trend Analysis definition, methods, advantages and limitations. Trend Analysis Definition It refers to the calculation of percentages relationship...

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10 Yr Prison for Bitcoin Holders in India: Proposal

Crypto |

Anyone holding crypto currencies in India will be sent to jail for 10 years, says a proposed bill....

Do you know you can refuse paying service charge at Restaurants?

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Government of India has clarified that the service charge is optional. If the customers are not happy with the service, they can refuse paying service charge at restaurants. From over a long period of time, restaurants and hotel...

What is Working Capital Turnover Ratio? Example and Interpretation

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What is Working Capital Turnover Ratio? Working Capital Turnover ratio is computed by dividing sales by the net working capital. Net working capital is the excess of current assets over current liabilities. The main purpose of...

Working Capital Definition | Meaning | Example and Importance

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4 Shocking Facts To Why You Should Avoid Investment Guru

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Do you guess who is the person who can make simple and easy things complex? Well, let me tell you these are the investment gurus. There are lots of financial media channels that which not only broadcast financial news, but also...

When not to Claim a Car Insurance Policy

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Just think, you went on vacation with your family on your car and your car met with an accident or suppose your car’s headlight or rear view mirror went off. What would be your next thought? Well, if you are having car...

What is Trial Balance? Purpose and Limitations

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What is Trial Balance? It is a statement to test arithmetical accuracy of the books of accounts. Moreover, it also tests the ledger equilibrium. Companies prepares trial balance every month. The double entry book keeping system...

IPO

Indigo Paints IPO subscribed over 117 times on final day
The IPO comprises a fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 22, 2021 - 6:42 am
Zomato set to close $500 million pre-IPO funding round
With the fresh capital, Zomato is expected to have a valuation of $5.5 billion and $1 billion in cash as it inches closer to an initial public offering (IPO) by June this year. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 22, 2021 - 12:41 am
Home First Finance IPO sails through on Day 1
The housing finance company (HFC) had on Wednesday raised a little over Rs 346 crore from 25 anchor investors. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 21, 2021 - 12:27 pm
Indigo Paints IPO subscribed nearly 7 times on Day 2
Analysts said that while the asking valuations look demanding, one can subscribe to the issue, citing the paint maker's improving performance and scope for the market share expansion. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 21, 2021 - 12:13 pm
Stove Kraft IPO to open on Jan 25; price band fixed at Rs 384-385 a share
This would be the fourth company to launch an IPO in this year, after Indian Railway Finance Corporation which concluded on Wednesday, while Indigo Paints and Home First Finance Company are currently open for public subscription. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 21, 2021 - 10:17 am
Home First Finance IPO kicks off: Should you subscribe?
On the block is an offer for sale (OFS) of shares worth Rs 888.72 crore and a fresh issue worth Rs 265 crore. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 21, 2021 - 4:29 am
Home First Finance garners Rs 346 cr from anchor investors ahead of IPO
A total of 66,81,766 shares have been allotted to 25 anchor investors at Rs 518 per share, the upper end of the price band. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 20, 2021 - 5:19 pm
Govt to get Rs 1,544 cr from IRFC IPO
The Rs 4,633 crore IPO of Indian Railway Finance Corporation (IRFC) was subscribed 3.49 times on the final day of bidding on Wednesday. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 20, 2021 - 4:51 pm
Home First Finance IPO opens on Thursday. Should you subscribe?
The company’s assets under management (AUM) increased by 63.4% annually between FY18 and FY20 to Rs 3,618.3 crore. Revenue rose by 73.8% to Rs 398.6 crore while net profit surged five-times to Rs 79.2 crore during the period. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 20, 2021 - 1:43 pm
IRFC IPO subscribed 3.46 times on final day of bidding process
Retail portion was subscribed 3.6 times while the quota reserved for qualified institutional bidders (QIBs) got subscribed 3.8 times. However the high networth individual segment was subscribed only 2.67 times. Read more »
Source: IPOs/FPOs-Markets-Economic Times | Published: January 20, 2021 - 1:40 pm

STOCKS

IBM revenue disappoints as software sales mark rare decline
The 109-year-old firm is preparing to split itself into two public companies and the namesake firm will focus on the so-called hybrid cloud, where companies use a combination of their own datacenters and leased resources to manage and process data. Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 5:24 pm
Reliance Home Finance Q3 results: Loss widens to Rs 340 cr
Total income fell to Rs 174.66 crore in the quarter under review from Rs 442.03 crore in the same period of 2019-20, Reliance Home Finance said in a regulatory filing. Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 5:14 pm
NSE-BSE bulk deals: Sparrow Asia Fund buys stake in Gayatri Projects and other deals
In a separate deal, Leman Diversified Fund sold 2 million shares or 1.09 per cent stake in Gayatri Projects at Rs 43.65 apiece on the NSE through a bulk deal. Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 4:52 pm
Reliance Jio does most of the heavy lifting as retail biz struggles: RIL Q3 takeaways
The company’s energy business was the worst affected by the Covid-19 pandemic given that the demand for transportation fuel sank due to international travel ban and most people choosing to stay at home. Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 4:37 pm
We have seen panic easing since August 2020: Rashesh Shah
Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 4:34 pm
UBS sells IndusInd Bank shares worth over Rs 366 cr
As per the data available on the BSE, UBS Principal Capital Asia offloaded 39.50 lakh shares of the bank at an average price of Rs 928 apiece, valuing the transaction at Rs 366.56 crore. Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 4:26 pm
DCB Plus, partner settle case with Sebi; pay Rs 2.23 cr as settlement charges
An amount of Rs 2.23 crore as the settlement amount, inclusive of the compounding charges and Rs 1.35 lakh as legal cost, has been paid by them, according to the settlement order. Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 4:24 pm
PFC raises $500 mn via notes
"PFC launched issuance of USD 500,000,000 3.35 per cent notes due 2031 under the USD 5,000,000,000 Global Medium Term Note Programme," the company said in a regulatory filing. Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 4:22 pm
Collection efficiency going up in every state other than Assam: Chandra Shekhar Ghosh, Bandhan Bank
Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 4:19 pm
Wall Street slips as IBM, Intel falter after results
IBM Corp slumped 10% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a rare sales decline in its software unit. Read more »
Source: Stocks-Markets-Economic Times | Published: January 22, 2021 - 4:11 pm