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JSW Steel gains on buying out NSL Green Recycling from National Steel Holding

JSW Steel gains on buying out NSL Green Recycling from National Steel Holding

“JSW Steel has entered a share purchase agreement with NSH to purchase its stake in the company at a cost of Rs 8.92 crore. Post acquisition of the stake held by NSH, NSL Green Recycling will become a wholly owned subsidiary of the JSW Steel,� the company said.

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​ â€œJSW Steel has entered a share purchase agreement with NSH to purchase its stake in the company at a cost of Rs 8.92 crore. Post acquisition of the stake held by NSH, NSL Green Recycling will become a wholly owned subsidiary of the JSW Steel,â€� the company said. “JSW Steel has entered a share purchase agreement with NSH to purchase its stake in the company at a cost of Rs 8.92 crore. Post acquisition of the stake held by NSH, NSL Green Recycling will become a wholly owned subsidiary of the JSW Steel,â€� the company said.  Moneycontrol Latest News Read More  

“JSW Steel has entered a share purchase agreement with NSH to purchase its stake in the company at a cost of Rs 8.92 crore. Post acquisition of the stake held by NSH, NSL Green Recycling will become a wholly owned subsidiary of the JSW Steel,� the company said.

SBI raises Rs 10,000 crore from infra bonds at 7.49% coupon rate; stock stays flat

SBI raises Rs 10,000 crore from infra bonds at 7.49% coupon rate; stock stays flat

State Bank of India stock has given a return of 17.36 percent over the last six months. The benchmark Bank Nifty index has given a return of 13.14 percent over the same duration.

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​ State Bank of India stock has given a return of 17.36 percent over the last six months. The benchmark Bank Nifty index has given a return of 13.14 percent over the same duration. State Bank of India stock has given a return of 17.36 percent over the last six months. The benchmark Bank Nifty index has given a return of 13.14 percent over the same duration.  Moneycontrol Latest News Read More  

State Bank of India stock has given a return of 17.36 percent over the last six months. The benchmark Bank Nifty index has given a return of 13.14 percent over the same duration.

Bajaj Finance in focus amid reports of plans for billion-dollar mega fund raise

Bajaj Finance in focus amid reports of plans for billion-dollar mega fund raise

The non-bank finance lender announced a board meeting on October 5 to make a final decision on the fund raise plans, its deal size and the mechanism.

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​ The non-bank finance lender announced a board meeting on October 5 to make a final decision on the fund raise plans, its deal size and the mechanism. The non-bank finance lender announced a board meeting on October 5 to make a final decision on the fund raise plans, its deal size and the mechanism.  Moneycontrol Latest News Read More  

The non-bank finance lender announced a board meeting on October 5 to make a final decision on the fund raise plans, its deal size and the mechanism.

Religare Enterprises slumps as Burmans announce open offer at 13% discount

Religare Enterprises slumps as Burmans announce open offer at 13% discount

The offer price for each equity share is Rs 235.00, amounting to a total consideration of up to Rs. 21,159,997,135 in cash.

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​ The offer price for each equity share is Rs 235.00, amounting to a total consideration of up to Rs. 21,159,997,135 in cash. The offer price for each equity share is Rs 235.00, amounting to a total consideration of up to Rs. 21,159,997,135 in cash.  Moneycontrol Latest News Read More  

The offer price for each equity share is Rs 235.00, amounting to a total consideration of up to Rs. 21,159,997,135 in cash.

Playbook for handling Angel Tax and Section 68 tax notices

Playbook for handling Angel Tax and Section 68 tax notices

With Angel Tax and Section 68 tax notices becoming a headache for startups and investors, here are extracts of a playbook that attempts to give a better understanding of the issue

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​ With Angel Tax and Section 68 tax notices becoming a headache for startups and investors, here are extracts of a playbook that attempts to give a better understanding of the issue With Angel Tax and Section 68 tax notices becoming a headache for startups and investors, here are extracts of a playbook that attempts to give a better understanding of the issue  Moneycontrol Latest News Read More  

With Angel Tax and Section 68 tax notices becoming a headache for startups and investors, here are extracts of a playbook that attempts to give a better understanding of the issue

Rustomjee Group has 22 projects in the pipeline with GDV of Rs 35,000 cr: CMD Irani

Rustomjee Group has 22 projects in the pipeline with GDV of Rs 35,000 cr: CMD Irani

“Redevelopment continues to be our strong focus area. Being one of the largest brands in this space, we have rehoused over 1,400 families so far,” the company said in its annual statement.

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​ “Redevelopment continues to be our strong focus area. Being one of the largest brands in this space, we have rehoused over 1,400 families so far,” the company said in its annual statement. “Redevelopment continues to be our strong focus area. Being one of the largest brands in this space, we have rehoused over 1,400 families so far,” the company said in its annual statement.  Moneycontrol Latest News Read More  

“Redevelopment continues to be our strong focus area. Being one of the largest brands in this space, we have rehoused over 1,400 families so far,” the company said in its annual statement.

Strides Pharma trades 2% up after USFDA nod for drug to reduce heart issues

Strides Pharma trades 2% up after USFDA nod for drug to reduce heart issues

The company has 260 cumulative ANDA filings (including the recently acquired portfolio from Endo at Chestnut Ridge) with USFDA, of which 230 ANDAs have been approved.

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​ The company has 260 cumulative ANDA filings (including the recently acquired portfolio from Endo at Chestnut Ridge) with USFDA, of which 230 ANDAs have been approved. The company has 260 cumulative ANDA filings (including the recently acquired portfolio from Endo at Chestnut Ridge) with USFDA, of which 230 ANDAs have been approved.  Moneycontrol Latest News Read More  

The company has 260 cumulative ANDA filings (including the recently acquired portfolio from Endo at Chestnut Ridge) with USFDA, of which 230 ANDAs have been approved.

Tax on ESOPs – How NRIs can navigate the rule book

Tax on ESOPs – How NRIs can navigate the rule book

Indian multinationals such as Infosys and Wipro are known for granting ESOPs (employee stock ownership plans) to their employees. If you work at any of their overseas offices, the taxation of your ESOPs will depend on the tax rules of India, the country where these companies are based, and of the country where you reside.

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​ Indian multinationals such as Infosys and Wipro are known for granting ESOPs (employee stock ownership plans) to their employees. If you work at any of their overseas offices, the taxation of your ESOPs will depend on the tax rules of India, the country where these companies are based, and of the country where you reside. Indian multinationals such as Infosys and Wipro are known for granting ESOPs (employee stock ownership plans) to their employees. If you work at any of their overseas offices, the taxation of your ESOPs will depend on the tax rules of India, the country where these companies are based, and of the country where you reside.  Moneycontrol Latest News Read More  

Indian multinationals such as Infosys and Wipro are known for granting ESOPs (employee stock ownership plans) to their employees. If you work at any of their overseas offices, the taxation of your ESOPs will depend on the tax rules of India, the country where these companies are based, and of the country where you reside.

Micro-cap stocks#39; rally draws mutual funds. Should you invest?

Micro-cap stocks#39; rally draws mutual funds. Should you invest?

Mutual funds’ search for higher returns has taken them deep into the micro-cap zone, backed by a rise in the inflows and prices of these stocks. But a micro-cap-focused fund should ideally not be your first investment. A measured and careful exposure is fine, though.

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​ Mutual funds’ search for higher returns has taken them deep into the micro-cap zone, backed by a rise in the inflows and prices of these stocks. But a micro-cap-focused fund should ideally not be your first investment. A measured and careful exposure is fine, though. Mutual funds’ search for higher returns has taken them deep into the micro-cap zone, backed by a rise in the inflows and prices of these stocks. But a micro-cap-focused fund should ideally not be your first investment. A measured and careful exposure is fine, though.  Moneycontrol Latest News Read More  

Mutual funds’ search for higher returns has taken them deep into the micro-cap zone, backed by a rise in the inflows and prices of these stocks. But a micro-cap-focused fund should ideally not be your first investment. A measured and careful exposure is fine, though.

Daily Voice | This portfolio manager is more bullish on ERD space within technology compared to traditional businesses

Daily Voice | This portfolio manager is more bullish on ERD space within technology compared to traditional businesses

Markets are positively positioned with strong macro growth and corporate earnings growth, plus valuations, though above average, are not overstretched, says Alok Agarwal of Alchemy Capital.

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​ Markets are positively positioned with strong macro growth and corporate earnings growth, plus valuations, though above average, are not overstretched, says Alok Agarwal of Alchemy Capital. Markets are positively positioned with strong macro growth and corporate earnings growth, plus valuations, though above average, are not overstretched, says Alok Agarwal of Alchemy Capital.  Moneycontrol Latest News Read More  

Markets are positively positioned with strong macro growth and corporate earnings growth, plus valuations, though above average, are not overstretched, says Alok Agarwal of Alchemy Capital.

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