Daily Market Analysis – 3rd Feb 2021
Is VPF still a well fixed income investment? Want to reduce your taxation smarter?VPF will give a person (in the 30% tax bracket) a 5.8% return post taxes. For smarter taxation options – pull out your EPF money (taxable interest component) at the age of 61 when your income would not be in the 30% bracket. Tata consumer products acquired 100% of the issued and paid-up equity share...
Daily Market Analysis – 15th Dec 2020
Mrs. Bectors Food IPO opens today The Rs 540-crore initial public offer (IPO) of Mrs. Bectors Food Specialities will open for two days on Tuesday (December 15). Net proceeds of the issue would be utilized for financing the project cost towards the expansion of its Rajpura manufacturing facility by establishing a new production line for biscuits and for general corporate purposes. Are...
Daily Market Analysis – 25th Nov 2020
Is your money stuck in Franklin Templeton’s (FT)debt scheme? Well, guess what, there is still time before you can see your money. FT had moved to the Supreme Court against the Karnataka High Court Order. Lost money in the Karvy Fiasco? Good news – NSE has declared Karvy as a defaulter, paving the way for its clients of the troubled broking firm to make claims with the exchange...