Nisus Finance Services Co Ltd on Friday said it aims to raise over Rs 114 crore through its initial public offering (IPO) which will open for subscription on December 4. The issue, with a price band of Rs 170 to Rs 180 per share, will conclude on December 6. The anchor book bidding will open … Read more
Union Finance Minister Nirmala Sitharaman attended the inauguration of Mysuru Sangeetha Suganda Music Festival, at the KSOU Convocation Hall in Mysuru, on November 8, 2024. | Photo Credit: File photo Union Finance Minister Nirmala Sitharaman listed out six points to emphasise that Karnataka, and particularly Mysuru, a tourist hub, were not neglected by the Centre. … Read more
The aggregate interest coverage ratio for India Inc hit a nine-quarter high in the recently concluded quarterly results season following a sustained double-digit growth in the operating profit and deceleration in the interest expense. The ratio was 4.9% in the June quarter for a sample of 2,695 companies excluding banks, finance companies, and oil and … Read more
The State government will not make deductions from the salaries of government employees who have not given their consent for contributions to the Chief Minister’s Distress Relief Fund, Additional Chief Secretary (Finance) A. Jayathilak said on Saturday. The government had urged employees to contribute five days’ salary to the CMDRF in connection with a salary … Read more
Let’s start with your personal story I come from a family of engineers and I surprised my parents by not pursuing my engineering academic learnings professionally. I completed my Master of Management Studies (MMS) from the BITS, Pilani. My college is renowned for its rigorous academic programs and emphasis on both theoretical and practical knowledge, … Read more
Mumbai: Mahindra & Mahindra Financial Services reported a 10% year-on-year fall in profit in the quarter to March amid a sharp rise in provisions and higher finance costs. Standalone net profit fell to ₹619 crore in the quarter from ₹684 crore a year ago, largely as total provisions increased to ₹341 crore in March 2024 … Read more
In a world where financial stability and wealth accumulation are coveted goals, mastering the art of effective money management has never been more critical. Whether you’re starting on your journey to financial success or looking to fine- tune your existing strategies, understanding the principles of smart money management is the key to building wealth and … Read more
Nirmala Sitaraman, Finance Minister and S. Gurumurthy, Editor, The Thuglak, sharing a moment at the memorial function in honour of B.S. Raghavan, IAS in Chennai on Saturday. | Photo Credit: RAGHUNATHAN SR Finance Minister Nirmala Sitharaman on Saturday recalled her interactions and the advice given to her by former bureaucrat B.S.Raghavan, who passed away recently. … Read more
In a society where the accumulation of wealth often defines success, the quest for a meaningful balance between financial prosperity and personal fulfillment becomes paramount. This GroYourWealth guide delves into the essence of nurturing your financial well-being through approaches that marry monetary growth with your innermost desires and life goals. Doing so ensures that your … Read more
Don’t put all your eggs in one basket. We’ve all heard that. This advice stems from the unfortunate scenario where, should the basket fall, all your eggs will break. This outcome is unfortunate yet entirely preventable. The key? Put your eggs in different baskets. That way, should one basket tumble, the other eggs remain safe. … Read more