In a significant development, the National Company Law Tribunal’s (NCLT) Mumbai bench has granted approval for the sale of real estate assets belonging to telecom giant Reliance Communications (RCom), according to a regulatory filing on Wednesday. READ MORE: INOX India IPO Subscription Reaches 1.32 Times On Day One: GMP, Subscription Status, Review, And Expert Recommendations…
Read articleThe eagerly awaited INOX India IPO has hit the market with a bang, garnering significant attention from investors. As of 1:45 PM on day one, the book build issue has been subscribed 1.32 times, with the retail portion at 1.68 times and the NII portion at 1.78 times. INOX India IPO Details: Should You Apply?…
Read articleIn a remarkable turn of events, the SJ Logistics IPO has witnessed an exceptional response from investors, with a subscription rate exceeding 107 times on day 3. The surge is attributed to the active participation of retail investors and non-institutional buyers, subscribing 164.99 and 99.60 times, respectively. SJ Logistics IPO Details: Scheduled for subscription from…
Read articleCorning Inc., a prominent American Gorilla Glass maker and a key supplier to Apple, is poised to make a significant mark in India with its plan to establish a cutting-edge manufacturing facility in Tamil Nadu. As reported by The Economic Times (ET), the Rs 1,000 crore investment is set to create a state-of-the-art Gorilla Glass…
Read articleIn a significant move, the International Air Transport Association (IATA) has amplified the capabilities of its Global Aviation Data Management (GADM) program. This strategic enhancement aims to empower stakeholders with precise insights for making informed decisions, specifically targeting improvements in safety, operational efficiency, and sustainability within the aviation sector. GADM, drawing data from diverse channels…
Read articleIn a significant ruling, the Delhi High Court has provided clarity on the limitation period for reopening income tax assessments. According to the bench of Justice Rajiv Shakdher and Justice Girish Kathpalia, the extended 10-year period for reopening assessments applies only when the alleged concealed income exceeds ₹50 lakh. The court emphasized that in “normal…
Read articleIn a surprising turn of events, speculation has arisen that India’s economy has breached the $4 trillion mark, eliciting widespread celebration from prominent figures such as billionaire Gautam Adani, Union Ministers, and Maharashtra Deputy Chief Minister Devendra Fadnavis. However, it’s essential to note that no official confirmation has been provided by the finance ministry or…
Read articleBank holidays in November 2023: The Reserve Bank of India has released the complete list of bank holidays for November 2023. During this month, there will be numerous bank holidays, with a total of 15 days, which include weekends. However, the specific holidays may vary depending on your region. The highly anticipated festival of Diwali…
Read articleIntroduction: Are you looking to finance your business expansion or launch a new venture? Axis Bank, one of India’s leading financial institutions, offers a range of business loan options to meet your needs. In this blog, we’ll explore how HexaFin Consultancy can make your loan application process hassle-free and help you secure the best Axis…
Read articleIntroduction: Are you ready to turn your dreams into reality with the financial support you need? Axis Bank, a renowned name in the banking sector, offers a wide range of retail loans to help you achieve your goals. In this blog, we will delve into how HexaFin Consultancy can make your journey to securing Axis…
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