The Union government has revised its guidelines regarding capital restructuring of Central Public Sector Enterprises (CPSEs) to address the critical interlinked issues such as leveraging of assets lor fresh investment, capital restructuring, financial restructuring and such other matters. The guidelines stipulate eligibility conditions for CPSEs for payment of dividend, buyback of shares, issue of bonus … Read more
Tax changes from October 1: In her first Budget presentation under the Modi 3.0 government, Finance Minister Nirmala Sitharaman introduced significant alterations to the taxation system, particularly affecting investors and shareholders. Among the key changes announced was the hike of the securities transaction tax (STT) on Futures & Options (F&O) of securities to 0.02% and … Read more
NTPC Share Price 230.70 03:59 PM | 01 Sep 2023 10.40(4.72%) Oil & Natural Gas Corporation Share Price 181.75 03:59 PM | 01 Sep 2023 7.60(4.36%) JSW Steel Share Price 806.40 03:59 PM | 01 Sep 2023 26.75(3.43%) Tata Steel Share Price 127.05 03:59 PM | 01 Sep 2023 4.15(3.38%) Maruti Suzuki Share Price 10331.25 … Read more
BP expects to reach its $35 billion net debt target in the first quarter of 2021, the energy group said on Tuesday, following earlier-than-expected proceeds from disposals and a “very strong” quarter. The company, which had a debt pile of $39 billion at the end of 2020, had earlier expected to reduce its debt to … Read more
By Katherine Chiglinsky Warren Buffett might have just found his next elephant-sized deal: Buying back his own stock. Berkshire Hathaway Inc. spent $16 billion buying back its stock in the first nine months of 2020, more than triple its previous annual record. The repurchases even surpass many of Berkshire’s biggest investments in recent years, including … Read more