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About a dozen non-banking finance companies (NBFC) have approached the finance ministry seeking an exemption from Tax Deducted Source (TDS) on their interest income. The facility is available to high-street banks.
Sebi relaxes minimum promoter lock-in norm for Ujjivan SFB, Ujjivan Fin Services for amalgamationOn October 30, the bank had approved the scheme of amalgamation between Ujjivan Financial Services (transferor company) and Ujjivan SFB (transferee company).
from Stocks-Markets-Economic Times https://ift.tt/3IpQPn4
… Read MoreEM flows tumble in November from year-ago record: IIFNon-resident flows to emerging markets landed at $15.6 billion last month, compared with $18.6 billion in October and $115.5 billion in November 2020, IIF data showed on Friday.
from Stocks-Markets-Economic Times https://ift… Read MoreSebi asks stock brokers to disclose investors charter, compliant data on websitesIn order to facilitate investor awareness about several activities which an investor deals with such as opening of account, KYC and in-person verification, process for dematerialisation and complaint resolution, Sebi, in cons… Read MoreNSE-BSE bulk deals: Malabar Fund sells 4 lakh shares of KIMSMalabar Select Fund sold 4,01,224 shares of Krishna Institute of Medical Sciences (KIMS) at Rs 1319.04 per share. On the other hand, Nalanda India Equity Fund sold 20,21,814 shares of Kirloskar Oil Engineering at Rs 184.88 pe… Read MoreNSE-BSE bulk deals: Nalanda India Fund sells stake in Kirloskar Oil EnginesIn another transaction, Franklin Templeton Mutual Fund bought 4 million shares of Kirloskar Oil Engines at Rs. 180 per share through two bulk deals on the NSE.
from Stocks-Markets-Economic Times https://ift.tt/3xLLJN0
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