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IndiaTV Business: Google News Feed: Digest for December 01, 2023

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Table of Contents

Adani Group stocks rise up to 20 per cent. Know why

Tuesday 28 November 2023 10:21 AM UTC+00
Shares of Adani group firms continued to attract heavy demand in morning trade on Tuesday, with Adani Total Gas climbing nearly 20 per cent. All the 10 listed group companies were trading with sharp gains during the morning trade, defying a muted trend in the equity market. According to reports, the market cap of the Group has increased by 15 billion dollars in a day after the Supreme Court reserved its order to investigate the companies on the US short-seller's allegations of accounting fraud and stock manipulation. 
S&P Global Ratings - a credit rating agency and a division of S&P Global -Tuesday said India's GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China.

Graphisads Limited IPO to open on Nov 30; to list on NSE Emerge

Tuesday 28 November 2023 05:42 PM UTC+00
The primary market is buzzing. As many as six SME IPOs are set to hit Dalal Street this week. The initial public offering (IPO) of Graphisads Limited will open for subscription on November 30. It is scheduled to conclude on December 5. The integrated marketing, advertising, and communications firm has said it is looking to raise Rs 53.41 crore through its initial share sale offer. The issue is entirely a fresh issue of 48.12 lakh shares.
Bonuses, dividends, and buybacks are three kinds of corporate actions that listed companies on the National Stock Exchange (NSE) and BSE announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. Akshar Spintex, which is a multibagger stock, has informed investors through a stock exchange filing that it could soon announce a triple bonanza for its investors.
Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at a California hospital aged 99. Charlie Munger helped Warren Buffett build Berkshire Hathaway into an investment powerhouse.
Booking of train tickets for Holi in the year 2024 has started. But already waiting tickets have started being available on many trains. Next year Holi is on March 25. In such a situation, it will not be easy for those who do not book tickets now to go home or visit their loved ones as the time approaches. Especially in many trains going to UP-Bihar, tickets have already started being available on the waiting list. Yes, if you want, you can book flights for Holi time now at low prices, which become many times more expensive as Holi approaches. Although the Railways also runs many Holi special trains, the demand always supersedes it.
Stock markets: Equity benchmark indices climbed in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks. The 30-share BSE Sensex advanced 305.44  points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
S&P Global Ratings - a credit rating agency and a division of S&P Global -Tuesday said India's GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China.

Graphisads Limited IPO to open on Nov 30; to list on NSE Emerge

Tuesday 28 November 2023 05:42 PM UTC+00
The primary market is buzzing. As many as six SME IPOs are set to hit Dalal Street this week. The initial public offering (IPO) of Graphisads Limited will open for subscription on November 30. It is scheduled to conclude on December 5. The integrated marketing, advertising, and communications firm has said it is looking to raise Rs 53.41 crore through its initial share sale offer. The issue is entirely a fresh issue of 48.12 lakh shares.
Bonuses, dividends, and buybacks are three kinds of corporate actions that listed companies on the National Stock Exchange (NSE) and BSE announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. Akshar Spintex, which is a multibagger stock, has informed investors through a stock exchange filing that it could soon announce a triple bonanza for its investors.
Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at a California hospital aged 99. Charlie Munger helped Warren Buffett build Berkshire Hathaway into an investment powerhouse.
Booking of train tickets for Holi in the year 2024 has started. But already waiting tickets have started being available on many trains. Next year Holi is on March 25. In such a situation, it will not be easy for those who do not book tickets now to go home or visit their loved ones as the time approaches. Especially in many trains going to UP-Bihar, tickets have already started being available on the waiting list. Yes, if you want, you can book flights for Holi time now at low prices, which become many times more expensive as Holi approaches. Although the Railways also runs many Holi special trains, the demand always supersedes it.
Stock markets: Equity benchmark indices climbed in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks. The 30-share BSE Sensex advanced 305.44  points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.

Graphisads Limited IPO to open on Nov 30; to list on NSE Emerge

Tuesday 28 November 2023 05:42 PM UTC+00
The primary market is buzzing. As many as six SME IPOs are set to hit Dalal Street this week. The initial public offering (IPO) of Graphisads Limited will open for subscription on November 30. It is scheduled to conclude on December 5. The integrated marketing, advertising, and communications firm has said it is looking to raise Rs 53.41 crore through its initial share sale offer. The issue is entirely a fresh issue of 48.12 lakh shares.
Bonuses, dividends, and buybacks are three kinds of corporate actions that listed companies on the National Stock Exchange (NSE) and BSE announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. Akshar Spintex, which is a multibagger stock, has informed investors through a stock exchange filing that it could soon announce a triple bonanza for its investors.
Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at a California hospital aged 99. Charlie Munger helped Warren Buffett build Berkshire Hathaway into an investment powerhouse.
Booking of train tickets for Holi in the year 2024 has started. But already waiting tickets have started being available on many trains. Next year Holi is on March 25. In such a situation, it will not be easy for those who do not book tickets now to go home or visit their loved ones as the time approaches. Especially in many trains going to UP-Bihar, tickets have already started being available on the waiting list. Yes, if you want, you can book flights for Holi time now at low prices, which become many times more expensive as Holi approaches. Although the Railways also runs many Holi special trains, the demand always supersedes it.
Stock markets: Equity benchmark indices climbed in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks. The 30-share BSE Sensex advanced 305.44  points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
Bonuses, dividends, and buybacks are three kinds of corporate actions that listed companies on the National Stock Exchange (NSE) and BSE announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. Akshar Spintex, which is a multibagger stock, has informed investors through a stock exchange filing that it could soon announce a triple bonanza for its investors.
Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at a California hospital aged 99. Charlie Munger helped Warren Buffett build Berkshire Hathaway into an investment powerhouse.
Booking of train tickets for Holi in the year 2024 has started. But already waiting tickets have started being available on many trains. Next year Holi is on March 25. In such a situation, it will not be easy for those who do not book tickets now to go home or visit their loved ones as the time approaches. Especially in many trains going to UP-Bihar, tickets have already started being available on the waiting list. Yes, if you want, you can book flights for Holi time now at low prices, which become many times more expensive as Holi approaches. Although the Railways also runs many Holi special trains, the demand always supersedes it.
Stock markets: Equity benchmark indices climbed in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks. The 30-share BSE Sensex advanced 305.44  points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
Bonuses, dividends, and buybacks are three kinds of corporate actions that listed companies on the National Stock Exchange (NSE) and BSE announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. Akshar Spintex, which is a multibagger stock, has informed investors through a stock exchange filing that it could soon announce a triple bonanza for its investors.
Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at a California hospital aged 99. Charlie Munger helped Warren Buffett build Berkshire Hathaway into an investment powerhouse.
Booking of train tickets for Holi in the year 2024 has started. But already waiting tickets have started being available on many trains. Next year Holi is on March 25. In such a situation, it will not be easy for those who do not book tickets now to go home or visit their loved ones as the time approaches. Especially in many trains going to UP-Bihar, tickets have already started being available on the waiting list. Yes, if you want, you can book flights for Holi time now at low prices, which become many times more expensive as Holi approaches. Although the Railways also runs many Holi special trains, the demand always supersedes it.
Stock markets: Equity benchmark indices climbed in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks. The 30-share BSE Sensex advanced 305.44  points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
Bonuses, dividends, and buybacks are three kinds of corporate actions that listed companies on the National Stock Exchange (NSE) and BSE announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. Akshar Spintex, which is a multibagger stock, has informed investors through a stock exchange filing that it could soon announce a triple bonanza for its investors.
Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at a California hospital aged 99. Charlie Munger helped Warren Buffett build Berkshire Hathaway into an investment powerhouse.
Booking of train tickets for Holi in the year 2024 has started. But already waiting tickets have started being available on many trains. Next year Holi is on March 25. In such a situation, it will not be easy for those who do not book tickets now to go home or visit their loved ones as the time approaches. Especially in many trains going to UP-Bihar, tickets have already started being available on the waiting list. Yes, if you want, you can book flights for Holi time now at low prices, which become many times more expensive as Holi approaches. Although the Railways also runs many Holi special trains, the demand always supersedes it.
Stock markets: Equity benchmark indices climbed in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks. The 30-share BSE Sensex advanced 305.44  points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at a California hospital aged 99. Charlie Munger helped Warren Buffett build Berkshire Hathaway into an investment powerhouse.
Booking of train tickets for Holi in the year 2024 has started. But already waiting tickets have started being available on many trains. Next year Holi is on March 25. In such a situation, it will not be easy for those who do not book tickets now to go home or visit their loved ones as the time approaches. Especially in many trains going to UP-Bihar, tickets have already started being available on the waiting list. Yes, if you want, you can book flights for Holi time now at low prices, which become many times more expensive as Holi approaches. Although the Railways also runs many Holi special trains, the demand always supersedes it.
Stock markets: Equity benchmark indices climbed in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks. The 30-share BSE Sensex advanced 305.44  points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70. 

How to activate or deactivate your PAN card? A step-by-step guide

Wednesday 29 November 2023 07:03 AM UTC+00
New Delhi: If your Permanent Account Number (PAN) card has become inactive, don't worry, as there is a way to reactivate it. Or you have two PAN cards under your name. Wondering how to deactivate your PAN card? So, keep scrolling to check a detailed guide on how to deactivate your PAN card.
IREDA listing: On its listing date, the Initial Public Offering (IPO) of Indian Renewable Energy Development Agency (IREDA) Limited made a remarkable stock market debut on Wednesday. The company listed with a premium of over 56 per cent, against the issue price of Rs 32. The shares of the company were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 
The domestic stock market witnessed a bullish trend on Wednesday's session, with both the Sensex and Nifty 50 closing higher, buoyed by gains in bank, information technology (IT), and auto stocks, fueled by positive global cues. The 30-share BSE Sensex displayed remarkable strength, concluding the session at 66,901.91, marking a substantial gain of 727.71 points, or 1.10%. Simultaneously, the Nifty 50 surged to a level of 20,096.60, closing up by 206.90 points, or 1.04%.
Stock markets update: Equity benchmark indices opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
16th Finance Commission: The central government approved the "Terms of Reference" (ToR) of the 16th Finance Commission to recommend the ratio for the devolution of taxes between the Centre and states. In addition, it would also review financing disaster management initiatives, for five years beginning April 1, 2026. As per an official statement, the commission would submit its report for the five-year period (2026–27 to 2030–31) to the President by October 31, 2025. 
New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. The stock was listed at a blockbuster premium of 140 per cent over its IPO price band. The stock started trading at Rs 1,200 on NSE and Rs 1,199.95 on BSE, against the issue of Rs 500. The shares were listed on BSE with a jump of 139.99 per cent from the IPO price. It further zoomed 180 per cent to Rs 1,400.
The government annually spends over Rs 6.5 lakh crore for the agriculture sector and farmers. Apart from providing incentives for farmers and putting in place policies to boost overall productivity, the government, on its part, has taken several initiatives to address the challenges of logistics in the agricultural sector. 
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