EXPIRY OF THE TENURE
Investing in commercial real estate: How to earn attractive regular income by investing in commercial real estate via fractional ownership platform
As fractional ownership gains traction and becomes increasingly popular, retail investors must run a few checks before investing in CRE assets via this route. Here are some factors that one must consider.
Impact of RBI's embargo will be seen Q1 FY25 also: Kapish Jain, IIFL Finance
While other businesses are operating fine, this business, how it runs down is something that we will see by the end of the quarter to anticipate what is going to see on the P&L.
SBI Sarvottam FD with 7.9% interest rate vs Canara Bank vs Bank of Baroda fixed deposits
Banks can offer higher interest rates on deposits of over Rs 15 lakh wherein the customers do not withdraw prematurely, according to the Reserve Bank of India (RBI).
Sebi to provide flexibility to Venture Capital Funds to deal with unliquidated investments
Markets regulator Sebi on Tuesday decided to provide flexibility to Venture Capital Funds (VCFs) to deal with unliquidated investments of their schemes beyond the expiry of tenure.
Wipro became IT's CXO nursery under Thierry Delaporte
During Delaporte's four years at Wipro, four Wipro former executives went on to become CEOs outside the company, while three became CFOs even as other senior leaders joined smaller and larger firms in top CXO roles.
Indians with pending EAD applications stand to benefit with extended validity tenure
According to the USCIS, while processing times have reduced significantly over the past year, if the 540-day automatic extension rule was not announced, nearly 8 lakh EAD renewal applicants would have faced a lapse in their employment authorisation and nearly sixty-eighty thousand American employers would have been negatively impacted. Immigration experts point out that hundreds of EAD applications of Indian spouses of H-1B visa holders are caught in the processing backlog.
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Rent agreement clauses that landlord, tenant should add to avoid fights in future
Rent agreement clauses for landlord, tenant: It can happen that the landlord and tenant are unable to add all the clauses to protect their interests in the lease agreement. However, there are certain clauses that should be added in the rent agreement to avoid future disputes. These clauses will help both landlord and tenant as well as protecting their respective interests.
Senior Citizen Savings scheme latest interest rate: What is the SCSS interest rate for the April- June 2024 quarter?
Senior Citizen Savings scheme interest rate: Note that if an account is formed in violation of the SCSS Rules, the account will be terminated immediately and the deposit will be returned to the depositor after deducting any interest received on the deposit.
Sebi board approves easing additional disclosure norms for FPIs
The relaxations in certain disclosure norms are aimed at ease of doing business. Further, the market regulator has also approved a Beta version of optional T+0 settlement, for a limited set of 25 scrips, and with a limited set of brokers. The optional settlement will be rolled out from March 28.
Kovind Panel backs 1 nation, 1 poll; advises statute changes
A high-level committee led by Ram Nath Kovind proposes major constitutional amendments for simultaneous elections, aiming to synchronize Lok Sabha, assembly, and local body polls starting in 2029, with detailed recommendations for electoral processes and transitional measures.
Earn 7.4% interest on Post Office Monthly Income Scheme; do you get tax benefits for investing in POMIS?
Post Office Monthly Income Scheme: India Post offers a range of investment opportunities, including the Post Office Monthly Income Scheme (POMIS). With POMIS, investors receive monthly interest payments, with the interest rate being adjusted by the government on a quarterly basis.
Senior citizen savings scheme: What is the SCSS interest rate for the January-March 2024 quarter?
The government-backed Senior Citizen Savings Scheme (SCSS) is available for those over the age of 60, or 55. The government fixes the interest rate on SCSS every quarter.
Penalty on premature withdrawal of post office FD hiked for this tenure
The Department of Post has made changes in the National Savings Time Deposit Scheme for premature withdrawal interest calculation, according to a notification issued on November 7, 2023.
Have extended tenure of National Commission for Safai Karmachari to March 31, 2025: Centre to Supreme Court
The Centre has informed the Supreme Court that the tenure of the National Commission for Safai Karmachari (NCSK) has been extended until March 31, 2025. The government has also appointed a chairman, vice-chairman, and one more member to the panel. The court, satisfied with the Centre's response, disposed of the Public Interest Litigation (PIL) filed by lawyer Radhakanta Tripathy.
Was Kisan Vikas Patra (KVP) interest rate hiked and tenure changed for the Oct-December 2022 quarter?
The government raised the interest rates on a few small-scale savings programs. On a quarterly basis, the government reviews and, if necessary, modifies interest rates for small savings.
Govt raises maximum tenure of PSU banks' CEO to 10 years
The amendment would be called Nationalised Banks (Management and Miscellaneous Provisions) Amendment Scheme, 2022, it added. The central government has the right to terminate the term of office of a whole-time director, including the managing director, any time before the expiry of the term specified, by giving him a notice of not less than three months, in writing or three months' salary and allowances in lieu of notice.
Early birds free to book multibagger returns in Nykaa from today: Should you envy?
While the supply glut as a result of the lock-in expiry may affect prices in the near term, bulls see this dip as a great accumulation opportunity for the long term. Among global brokerages, HSBC has a target price of Rs 2,170 on the stock, Morgan Stanley Rs 1,889, Nomura Rs 1,365, BofA Rs 1,555 and Bernstein Rs 1,547.
Govt extends tenure of Company Law Committee by one year
The committee was constituted as part of the government's efforts to promote ease of living by providing ease of doing business to law abiding corporates, to foster improved corporate compliance for stakeholders at large and to address emerging issues having an impact on the working of companies.
High Court directs EC to hold polls for 3 Rajya Sabha seats in Kerala before tenure of current Assembly ends
"When the Commission itself has admitted that it is duty bound to conduct the election and complete the process at the earliest, it is only appropriate that it takes expeditious steps without further delay to complete the election before another electorate comes into existence on May 02, 2021," Justice P V Asha said in the order.
Supreme Court extends tenure of TDSAT chairperson, expresses concern over delay in appointment of members
"We extend the tenure of the Chairperson of TDSAT for a period of three months from the date of expiry of his/her tenure i.e. April 20, 2020," said the bench, which heard the matter through video-conferencing.
Top quant play ideas for the week ahead
This pair has 94 per cent correlation over the last one year.
Top quant strategies for the week ahead
This pair has 98 per cent correlation over the last one year.
Developments in PNB fraud case, F&O expiry & global cues to steer market
On Friday, the S&P BSE Sensex shed 287 points to close at 34,011 while the Nifty ended at 10,452.
NCDEX seeks Sebi nod for nickle, aluminium options
The exchange is also keen on options trading in more agri-commodities.
180 IAS officers to work as Assistant Secretaries in central government depts
The posting is part of a unique initiative started by the central government to groom bureaucrats at the Centre before they move out to their respective state cadres.
Anupam Shrivastava to continue as BSNL CMD for full tenure
Anupam Shrivastava will continue as CMD of BSNL for another four years following the government's decision after review of his first year of performance at the PSU's helm.
Minister nod mandatory for CVOs tenure extension in CPSEs
It has now been decided that any proposal for extension of tenure in respect of CVOs of CPSEs should be processed at least six months in advance.
DoT wants longer-tenure security nod to expat executives
Foreigners working in certain positions such as the chief executive of a telecom company in India require security clearance every year.
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