PVR, INOX share prices jump to record high after merger announcement | Check latest

Share prices of PVR and INOX jumped to a record high on Monday after the country’s two largest multiplex firms had announced a merger. While the PVR share price soared 10 per cent and INOX’s share price jumped 20 per cent to a record high, according to a Reuters report. PVR and INOX said on Sunday that the…

Sensex drops over 200 points, Nifty down at 17,153

The Sensex and Nifty fell on Friday to end the week with losses of nearly 1 per cent, dragged down by fears that a surge in oil prices due to the Ukraine war could accelerate inflation and further sap growth in an economy already slowed by Covid-19. The benchmark S&P BSE Sensex fell 0.41 per cent or 233.48 points…

Work from home is profitable: Key lessons from Covid-19 for offices

When the pandemic Covid-19 first struck the world two years ago, it ushered in a wave of upheaval followed by another and another. From upending countless businesses, jobs and lives, the pandemic has transformed all facets of work once and for all. There is no going back but to keep finding one new normal after next.…

Supertech declared insolvent by company law tribunal

Property developer Supertech Ltd on Friday went into insolvency after the National Company Law Tribunal (NCLT) admitted a petition filed by the Union Bank of India for non-payment of dues, according to a Moneycontrol report. However, there is no clarity over the amount of dues that is required to be paid by Supertech…

Cryptocurrency tax, bill in India: What we know so far

The cryocurrency tax and proposed regulation bill have been a topic of discussion among investors and stakeholders in India for sometime. While Finance Minister Nirmala Sitharaman did provide clarity on crypto taxation, the government is yet to bring legislation to regulate cryptocurrencies. The government on Thursday…

NPS scheme: You will get income tax benefit of Rs 50,000

Income Taxpayers are in search for tax-saving options as the financial year is all set to end on March 31. You will receive an exclusive tax deduction benefit of Rs 50,000 by investing in NPS, the pension fund regulatory body PFRDA said. Investing in NPS becomes more rewarding with the exclusive additional tax benefit…

Sensex falls 150 points, Nifty flat at 17,209 on rising oil prices, inflation fears

The Sensex and Nifty tumbled in early morning trade on Thursday and both indexes of the share market were trading in the red. The benchmark S&P BSE Sensex fell 0.26 per cent or 151.03 points to 57,533.79 and the blue-chip NSE Nifty 50 index slid 0.21 per cent or 36.05 points to 17,209.60. This comes as crude oil…

Cryptocurrency price: Bitcoin falls to $42,000 | Check latest

Bitcoin and other cryptocurrencies on Wednesday as the global crypto market by and large was trading in the red. The world’s most popular cryptocurrency, Bitcoin, soared past $43,000 but fell to $42,000-mark, according to data on coindesk. The second largest cryptocurrency by market capitalization, Ethereum, also…