Moneycontrol Latest News

Dues unpaid: Greater Noida Authority cancels allotment of plot to developer

Tue, 28 Mar 2023 22:33:12 +0530

The reason for the cancellation, the authority said, was non completion of the project and non-payment of dues. So, it will take over the plot, location in Sector 10 of Greater Noida, and reallot it afresh.

Trade setup for Wednesday: Top 15 things to know before the opening bell

Tue, 28 Mar 2023 22:00:55 +0530

Based on the OI percentage, 98 stocks, including Firstsource Solutions, Max Financial Services, Crompton Greaves Consumer Electricals, Oracle Financial, and Astral, witnessed a long unwinding.

Global fashion supply chain Fashinza secures $30 million funding to strengthen supply chain

Tue, 28 Mar 2023 20:09:13 +0530

With fashion choices being influenced on a global scale in real-time by social media platforms like TikTok and Instagram, Fashinza#39;s solution of connecting SMEs directly to top fashion brands across the world has revolutionised the way fashion works in today#39;s high-speed digital age.

Danish artist hatches epic global troll hunt: See Pics

Tue, 28 Mar 2023 19:14:49 +0530

A Danish artist famous for his towering wooden trolls sent fans on a worldwide quest on March 27 to find his latest creation. Thomas Dambo has created a complex treasure hunt to find "Moon Mother", his 100th troll sculpture, which he said has "crawled into the most secret spot in the forest" to give birth.

SEBI extends last date for nominations by mutual fund holders to September 30

Tue, 28 Mar 2023 19:10:17 +0530

SEBI in June 2022 had mandated nominations or opting out of nominations for all the existing individual unitholders.

Embassy REIT to acquire Embassy Business Hub for Rs 334.8 crore in Bengaluru

Tue, 28 Mar 2023 19:01:01 +0530

The acquisition is to be completed by April 30, 2023, and involves 1.4 msf of office property in Bengaluru.

Buy Bosch; target of Rs 21,929: Sharekhan

Tue, 28 Mar 2023 18:51:46 +0530

Sharekhan is bullish on Bosch has recommended buy rating on the stock with a target price of Rs 21,929 in its research report dated March 28, 2023.

AI computing startup Cerebras releases open source ChatGPT-like models

Tue, 28 Mar 2023 18:39:57 +0530

Silicon Valley-based Cerebras released seven models all trained on its AI supercomputer called Andromeda, including smaller 111 million parameter language models to a larger 13 billion parameter model.

Pranav Haridasan to be new MD and CEO of Axis Securities

Tue, 28 Mar 2023 18:37:38 +0530

Haridasan, who is currently Managing Director and Co-Head of Equities at Axis Capital, has more than 20 years of experience in financial markets across different asset classes.

Accumulate Torrent Power; target of Rs 550: Geojit

Tue, 28 Mar 2023 18:31:45 +0530

Geojit recommended accumulate rating on Torrent Power with a target price of Rs 550 in its research report dated March 28, 2023.

Rs 50,000 crore wiped out from Adani group; NSE seeks clarification on loan repayment

Tue, 28 Mar 2023 18:29:54 +0530

The losses resulted in a fall of the cumulative market cap of the Adani group stocks to Rs 8.89 lakh crore from Rs 9.39 lakh crore

Accumulate Brigade Enterprises; target of Rs 537: Geojit

Tue, 28 Mar 2023 18:18:43 +0530

Geojit recommended accumulate rating on Brigade Enterprises with a target price of Rs 537 in its research report dated March 28, 2023.

Debt mutual funds: Still a lucrative investment?

Tue, 28 Mar 2023 18:04:49 +0530

It is important for each investor now to review the asset allocation of mutual funds to ascertain whether such funds would be impacted by the proposed amendment

NPS Tier-II investment account: Lucrative option, but lack of clarity on capital gains taxation a dampener

Tue, 28 Mar 2023 17:42:12 +0530

Tax treatment for gains made on investments through NPS Tier-II accounts ought to be similar to that of mutual funds, but remains a grey area in the absence of a formal government notification, say tax experts

Buy Finolex Industries; target of Rs 224: Prabhudas Lilladher

Tue, 28 Mar 2023 17:41:32 +0530

Prabhudas Lilladher is bullish on Finolex Industries has recommended buy rating on the stock with a target price of Rs 224 in its research report dated March 28, 2023.