Stock Market Updates - Angel One - Page 972

Qualified Institutional Placements (QIP fundraising) in India reached an unprecedented high in 2024, despite ongoing market volatility. According to a study by real estate consultancy firm Anarock, QIP fundraising across sectors hit a historic peak, with 99 issues raising a total of ₹1,41,482 crore. This marks a staggering 75% increase from the previous record of …

A significant shift is emerging in the study-abroad preferences of Indian students. The latest data reveals a 13% decline in applications to the United States, a trend that has sparked concern among American universities and policymakers. Meanwhile, Russia, Germany, and France have recorded a substantial increase in Indian student enrolments. US Sees Decline Amid Policy …

Tata Technologies, the IT-enabled services subsidiary of the Tata Group, has announced key leadership restructuring to align with its strategic vision of supporting clients across various industries, including automotive, industrial heavy machinery, and aerospace. As reported by PTI, these leadership changes aim to enhance efficiency, drive transformation, and accelerate innovation for the company’s global client …

The Securities and Exchange Board of India (SEBI) has taken a significant step towards expediting the capital-raising process for companies by reducing the timeline for completing rights issues to 23 days. This move is aimed at making rights issues a faster and more efficient alternative to preferential issues, which typically take around 40 days. The …

The BSE Sensex closed at 74,029.76 down 72.56 points (-0.10%), while the Nifty 50 ended at 22,470.50, falling 27.40 points (0.12%). US President Donald Trump initially announced a plan to double tariffs on Canadian steel and aluminium imports but later reversed his decision within hours, as per news reports. Sectoral Performance NIFTY IT index experienced a …

New Delhi, Mar 12 (PTI): Sexual health and wellness startup Allo Health has raised ₹16 crore in a pre-series A round led by Zerodha’s Rainmatter, with participation from existing investors. The funds will be used to accelerate clinic expansion, AI-driven treatment protocols, and patient-first healthcare innovations, a company statement said. The Bengaluru-based firm has over …

The Maharashtra government has announced an increase in the Motor Vehicle Tax for private CNG and LPG vehicle owners, raising it by 1%. This tax adjustment applies solely to non-commercial vehicles, excluding public transport options such as auto-rickshaws, taxis, and buses. The move is expected to impact buyers looking for more economical and eco-friendly fuel …

The PM Internship Scheme 2025 offers young graduates and diploma holders an opportunity to gain industry exposure and practical experience across various sectors. Initially launched with an earlier deadline, the Ministry of Corporate Affairs (MCA) has now extended the registration period, allowing more candidates to apply until March 31, 2025. Aspiring interns can register and …

In a landmark decision, the Gauhati High Court ruled that fruit pulp and juice-based carbonated drinks, including those by X’SS Beverage, should be taxed at 12% GST instead of the higher 28%. This ruling comes as a relief to manufacturers producing such drinks, as it recognises the essential nature of fruit juice in these products …

The Reserve Bank of India (RBI) has announced the imminent release of new ₹100 and ₹200 denomination banknotes. These notes will belong to the Mahatma Gandhi (New) Series and will bear the signature of Shri Sanjay Malhotra, the newly appointed RBI Governor. The introduction of these banknotes is a standard procedural update that follows the …