Byju’s to go ahead with rights issue after NCLT defers decision on investors’ plea; but there’s a catch | India Business News – Times of India

MUMBAI: The National Company Law Tribunal (NCLT) on Tuesday reserved its judgement on the plea filed by a few of Byju’s investors seeking the court’s intervention to declare the firm’s rights issue as void and the founders as unfit to run the company, citing oppression and mismanagement. This essentially allows the company to go ahead…

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Investors are turning wary of crowded India trade after run-up | India Business News – Times of India

The stellar rally in Indian equities that’s made them an investor favorite has run into headwinds that go beyond elevated valuations. Earnings misses, the attractiveness of rival markets amid expectations of a dovish policy shift by the Federal Reserve and a nascent recovery in Chinese equities are casting doubts over India extending a rally that…

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Investors became richer by Rs 2.20 lakh crore in a day. Why Nifty ended at all-time high – Times of India

Driving the News:Indian stock markets continued their upward trajectory for the fifth consecutive session, pushing the Nifty and Sensex to record highs. The rally was buoyed by robust investor sentiment, with the market capitalisation of BSE-listed companies hitting an unprecedented Rs 3.91 lakh crore.Why the rise: The BSE Sensex surged 281.52 points (0.39%) to close…

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Invested in Sovereign Gold Bonds? SGBs offer tax-free early redemption within 21-day annual window; here’s how it works | India Business News – Times of India

Sovereign Gold Bonds: Investing in Sovereign Gold Bonds (SGBs) can be beneficial for individual investors seeking to protect their savings with gold. If the need arises to cash out prematurely, investors can do so without facing income tax on their gains. The premature redemption window opens for 21 days. Here’s how it works.According to the…

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Sovereign Gold Bonds Series IV 2023-24 tranche: Issue price, discounts, and subscription details | India Business News – Times of India

Sovereign Gold Bonds Series IV (2023-24): The latest tranche of Sovereign Gold Bonds (SGBs) for the 2023-24 series is now available for subscription, marking the final opportunity for investors to participate in this year’s offering. According to ET, from February 12 to February 16, 2024, interested subscribers have a limited window to secure their investment.The…

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