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IndiaTV Business: Google News Feed: Digest for January 06, 2023

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Zomato co-founder, CTO Gunjan Patidar resigns

Monday 02 January 2023 02:07 PM UTC+00
Zomato co-founder resigns: Online food delivery platform Zomato Ltd said its Co-founder and Chief Technology Officer Gunjan Patidar resigned from the post on Monday.
Prices of refrigerators are likely to increase by up to 5 percent as the revised norms of the Bureau of Energy Efficiency (BEE) have become applicable from January 1 this year. According to manufacturers like Godrej Appliances, Haier and Panasonic, implementation of the new norms may put an additional burden of 2-5 percent on consumers, depending on the models.
Orient Green Power Company announced it has plans to expand assets in the renewable energy segment. The Shriram Group Company informed it is also mulling growth possibilities in overseas markets.
The Global Trade Research Initiative (GTRI) on Tuesday said the Indian economy and exports will be moderately impacted in 2023 by weak global demand and recession in large economies. Economic think tank GTRI asserted India should aim at reducing energy import bill to improve its current account.
BharatPe CEO quits: BharatPe's Chief Executive Officer (CEO) Suhail Sameer resigned from his post on Tuesday. According to reports, he also had an argument with ousted co-founder Ashneer Grover. "Sameer will transition from Chief Executive Officer to strategic advisor effective January 7, 2023," the company said in a statement without mentioning the reason behind his resignation.
Reliance Industries Ltd: Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods arm of Reliance Industries Ltd, will acquire a 50 per cent stake in Gujarat-based carbonated soft drinks (CSD) and juices maker Sosyo Hajoori Beverages Pvt Ltd (SHBPL) for an undisclosed amount.
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

Zomato co-founder, CTO Gunjan Patidar resigns

Monday 02 January 2023 02:07 PM UTC+00
Zomato co-founder resigns: Online food delivery platform Zomato Ltd said its Co-founder and Chief Technology Officer Gunjan Patidar resigned from the post on Monday.
Prices of refrigerators are likely to increase by up to 5 percent as the revised norms of the Bureau of Energy Efficiency (BEE) have become applicable from January 1 this year. According to manufacturers like Godrej Appliances, Haier and Panasonic, implementation of the new norms may put an additional burden of 2-5 percent on consumers, depending on the models.
Orient Green Power Company announced it has plans to expand assets in the renewable energy segment. The Shriram Group Company informed it is also mulling growth possibilities in overseas markets.
The Global Trade Research Initiative (GTRI) on Tuesday said the Indian economy and exports will be moderately impacted in 2023 by weak global demand and recession in large economies. Economic think tank GTRI asserted India should aim at reducing energy import bill to improve its current account.
BharatPe CEO quits: BharatPe's Chief Executive Officer (CEO) Suhail Sameer resigned from his post on Tuesday. According to reports, he also had an argument with ousted co-founder Ashneer Grover. "Sameer will transition from Chief Executive Officer to strategic advisor effective January 7, 2023," the company said in a statement without mentioning the reason behind his resignation.
Reliance Industries Ltd: Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods arm of Reliance Industries Ltd, will acquire a 50 per cent stake in Gujarat-based carbonated soft drinks (CSD) and juices maker Sosyo Hajoori Beverages Pvt Ltd (SHBPL) for an undisclosed amount.
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.
The Global Trade Research Initiative (GTRI) on Tuesday said the Indian economy and exports will be moderately impacted in 2023 by weak global demand and recession in large economies. Economic think tank GTRI asserted India should aim at reducing energy import bill to improve its current account.
BharatPe CEO quits: BharatPe's Chief Executive Officer (CEO) Suhail Sameer resigned from his post on Tuesday. According to reports, he also had an argument with ousted co-founder Ashneer Grover. "Sameer will transition from Chief Executive Officer to strategic advisor effective January 7, 2023," the company said in a statement without mentioning the reason behind his resignation.
Reliance Industries Ltd: Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods arm of Reliance Industries Ltd, will acquire a 50 per cent stake in Gujarat-based carbonated soft drinks (CSD) and juices maker Sosyo Hajoori Beverages Pvt Ltd (SHBPL) for an undisclosed amount.
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
Reliance Industries Ltd: Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods arm of Reliance Industries Ltd, will acquire a 50 per cent stake in Gujarat-based carbonated soft drinks (CSD) and juices maker Sosyo Hajoori Beverages Pvt Ltd (SHBPL) for an undisclosed amount.
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy.

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Reliance Industries Ltd: Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods arm of Reliance Industries Ltd, will acquire a 50 per cent stake in Gujarat-based carbonated soft drinks (CSD) and juices maker Sosyo Hajoori Beverages Pvt Ltd (SHBPL) for an undisclosed amount.
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy.

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy.

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy.

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy.

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy.

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Venus Pipes and Tubes Limited shares have doubled investors' money in less than a year of stock market debut. The company's IPO was in fact one of the blockbusters in 2022.
Shares of Hi-Tech Pipes Limited have yielded multi-bagger returns to its investors. According to exchange data, the stock has spurted almost 90 per cent in the past 6 months on the back of a strong business.
Indian service sector growth: The Indian services sector growth touched a six-month high in the month of December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday (January 4).
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy.

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
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