TiECON Chennai 2019 to shine light on Futuristic Business Ecosystem driven by GEN E

TiECON Chennai 2019 to shine light on Futuristic Business Ecosystem driven by GEN E With a GEN E storm brewing in India’s startup ecosystem, the future dynamics of business practices is set to undergo tremendous transformation. In an effort to unravel the insights on ‘what ma…

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Future & Options shares lot size revised from 1st November 2019

Future & Options shares lot size revised from 1st November 2019 Sr No Symbol Presen Lot Revised Lot 1 IDEA 28000 98000 2 DISHTV 14000 24300 3 SAIL 12000 15700 4 NBCC 8500 14300 5 NATIONALUM 10000 11700 6 BHEL 7500 10400 7 ADANIPOWER 20000 10000 8 TATAMTRDVR 6000 9200 9 UNIONBANK 7000 9200 10 NCC 8000 9000 11 YESBA…

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HDFC Bank, Indian Oil’s co-branded credit card

HDFC Bank, Indian Oil’s co-branded credit card HDFC Bank and Indian Oil have launched a co-branded credit card for users in non-metro cities and towns. The card will be available on both RuPay and Visa platforms.

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Axis Bank’s Magnus Credit Card

Axis Bank’s Magnus Credit Card Axis Bank has launched Magnus Credit Card, a premium card that offers a host of benefits, including a complimentary flight ticket every year and domestic lounge access. Annual fee of Rs.10,000 is waived if user spends more than Rs. 15 lakh.

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HDFC Life’s INSTAInsure

HDFC Life’s INSTAInsure HDFC Life has launched INSTAInsure, an initiative that allows existing customers of HDFC Life or any of its partners to purchase a policy instantly without income verification and medical check-up.

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Motilal Oswal Large and Midcap Fund - NFO

Motilal Oswal Large and Midcap Fund - NFO Motilal Oswal AMC has launched the Motilal Oswal Large and Midcap Fund. This is a scheme with a concentrated portfolio of 20-25 stocks. The minimum investment is Rs.5,000. The NFO closes on 2019, 11 October.

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Axis Nifty 100 Index Fund – NFO

Axis Nifty 100 Index Fund – NFO Axis Mutual Fund has launched Axis Nifty 100 Index Fund.  This is an open-ended index fund tracking the Nifty 100 Index. The minimum investment is Rs.5,000. The NFO closes on 2019, 11 October.

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IOB conducts Customer Outreach Initiative

Indian Overseas Bank conducts 2-day Customer Outreach Initiative All the Public and Private Sector Banks have decided to conduct “Customer Outreach Initiative” – “Grahak Mela Camps”, jointly. The purpose of this outreach programme is to bring awareness to the General Publi…

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Effective yield p.a. from 9.25% to 10.00% : Muthoot Finance to raise Rs. 1000 crore through NCD

Muthoot Finance to raise Rs. 1000 crore through NCD Muthoot Finance Ltd has announced its 21 st series of Public Issue of Secured Redeemable Non-convertible Debentures. The issue is with a base issue size of ₹ 100crores with an option to retain oversubscription upto ₹ 900crore…

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Should I Avoid: Vishwaraj Sugar Industries IPO

Should I Avoid: Vishwaraj Sugar Industries IPO by  Suresh KP Vishwaraj Sugar Industries IPO Review Bangalore based Vishwaraj Sugar Industries IPO would open for subscription on 30th September, 2019. Vishwaraj Sugar Industries Limited is engaged in manufacturing of sugar and …

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9 Major ANNOUNCEMENTs by FM Ms. Nirmala Sitharaman

9 Major ANNOUNCEMENTs  by FM Ms. Nirmala Sitharaman   1. Corporate tax rate to be 22% without exemptions, inclusive of surcharge and cess.  2. No Minimum Alternate Tax (MAT) applicable on such companies 3. Effective corporate tax rate after surcharge to be 25.17 percent 4. To a…

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Chennai Based Fortune Planners New Office Opening On 23rd September 2019

Chennai Based Fortune Planners  New Office Opening On 23rd September 2019 https://fortuneplanners.com/ Old no 5, New No 9, Kuppusamy Street, G1,  Lotus Apartments,  T. Nagar, Chennai – 600017 +91- 9884349173

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Percentage Change in Equity Mutual Fund NAV due to change in Tax Rate Cut on 20 September 2019

Percentage  Change in Equity Mutual Fund NAV ( Net Asset Value ) due to change in Tax Rate Cut on 20 September   2019 % Change in "Equity Mutual Fund" NAV due to change in Tax Rate Cut on 20 Sep 2019 % Change Net Asset Value Scheme Name 20-Sep-19 19-Sep-19 as on 20 Sep R…

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