New Delhi, Mar 16 (PTI) Delhi Metro Rail Corporation (DMRC) and Blue Dart on Sunday signed a Memorandum of Understanding (MoU) to provide urban logistics service. According to a statement from DMRC, the initiative — the first of its kind in the entire South Asia Pacific region — reinforces both DMRC and Blue Dart’s commitment …
Ultraviolette’s Entry into the Electric Scooter Market Bengaluru-based Ultraviolette Automotive, known for its premium electric motorcycles, has expanded into the mass-market segment with the launch of its first electric scooter, the Tesseract. The model is priced at ₹1.45 lakh (ex-showroom) but is available at an introductory price of ₹1.20 lakh (ex-showroom) for the first 50,000 …
This week, several major companies are making significant corporate moves that could impact investors. From dividend payouts and stock splits to bonus issues, it’s essential to stay informed about these actions and how they may affect your portfolio and investment strategy. Upcoming Corporate Actions This Week – Dividend Announcements Company Dividend (₹) Announcement Date Ex-Date …
Foreign investors are continuing to withdraw funds from the Indian equity market, with outflows exceeding ₹30,000 crore in the first fortnight of March. This comes amid rising global trade tensions, which have led to a cautious approach from Foreign Portfolio Investors (FPIs). According to depository data, FPIs offloaded shares worth ₹30,015 crore from Indian equities …
Market Corrections and Sector Performance The market has dropped by 12-15% in the past five months, leading to significant losses in portfolios. While some stocks have plummeted, not all sectors react the same way during corrections. Understanding the difference between cyclical and defensive sectors can help investors manage risk effectively. Cyclical sectors: Perform well during …
Equity Inflows Decline Amid Market Selloff Net equity inflows into mutual funds dropped sharply in February as the market continued its decline, having lost 18% since its September peak. The inflows fell to ₹29,303.34 crore, marking a 26% decline from January. The overall assets under management (AUM) of the mutual fund industry also declined by …
The Long Road to the First Crore Accumulating the first crore is often the most challenging financial milestone. Madhu, a disciplined investor, started investing at 25 with a monthly systematic investment plan of ₹10,000. Despite consistently earning 12% annual returns, it took her 20 years to reach ₹1 crore. Had she increased her SIP contributions, …
Formation of the Joint Venture Wilmar International, a Singapore-based agribusiness group, and the Adani Group, a diversified Indian conglomerate, established a 50:50 joint venture in January 1999. The partnership combined Adani’s strong domestic market presence and logistics expertise with Wilmar’s global sourcing capabilities and technical know-how. The joint venture played a key role in shaping India’s edible …
Understanding Cash Limits for NRIs Entering India NRIs travelling to India must adhere to specific regulations governing the amount of foreign and Indian currency they can carry. While there is no restriction on bringing foreign exchange into India, certain limits require a declaration to customs authorities upon arrival. NRIs can bring up to $5,000 in …
Digital arrest scams have emerged as a growing cyber threat, with fraudsters impersonating law enforcement agencies to extort money from unsuspecting victims. Since policing and public order are state subjects under the Indian Constitution, State and Union Territory (UT) law enforcement agencies (LEAs) play a crucial role in tackling such crimes. However, the Central Government …
