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STATEMENT OF RETAINED EARNINGS .FINANCIAL
RBI cancels licence of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit BankThe Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its de...- Wife earning over Rs 60,000 seeks maintenance from husband with Rs 1 lakh income; court draws lineA Delhi court has declined a woman's request for interim maintenance despite her husband's monthly income exceeding Rs 1 lakh, observing th...
- Robinhood stock soars despite layoffs – Why Wall Street is bullishRobinhood shares rallied after announcing a 10% workforce reduction, as investors viewed the move as a cost-efficiency strategy. Strong tra...
- NSE IPO: 10 key things investors need to know about India’s largest IPO in historyThe National Stock Exchange of India has filed its DRHP with SEBI for a long-awaited IPO expected to rank among India’s largest public offe...
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- Bengaluru techie's first salary was Rs 32,000. His father asked for Rs 5,000 and taught him a financial lesson he'll never forgetA Bengaluru techie's first salary of Rs 32,000 was intended for personal purchases like shoes and a phone. However, his father's request fo...
- Trump offers Wall Street talent a Prez pay of $400k to bolster US national security supply chainsThe Trump administration is hiring 400 dealmakers to boost US national security supply chains. Top finance professionals will receive salar...
- Founder shares video of a taxi driver who left his Rs 25,000 per month job and now earns 1 lakhA social media post by founder Akash Gupta highlighted a cab driver earning ₹1 lakh monthly after leaving a corporate job, labeling him a "...
- Nifty upside limited, but stock-specific opportunities remain: Pramod AmtheIndian equities face headwinds from inflation and monsoon uncertainty, yet opportunities exist. Pramod Amthe of InCred Capital highlights s...
- Prime Focus shares hit 5% upper circuit as Sebi halts proceedings in misleading financials casePrime Focus shares were locked in 5% upper circuit after Sebi closed its investigation. The market regulator found the company used correct...
- Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...
- Sebi eases winding-up norms for AIFs, introduces 'inoperative fund' frameworkSebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life unde...
- Your SIPs won't save you if you're making these everyday money mistakes, warns CAChartered Accountant Nitin Kaushik argues that many individuals focus on investment returns while overlooking significant financial leaks. ...
- Quote of the day by Benjamin Graham: "It is important to make sure that one is not lured by rash enthusiasm into commitments at levels greatly above those soundly warranted by the financial set-up and the earnings record"Benjamin Graham’s quote cautions investors against overpaying for stocks during periods of market enthusiasm. The piece explains how strong...
- Sunday Motivation by Google co-founder Larry Page: ‘If you're changing the world, you're working on important things, you're excited to…’Google co-founder Larry Page believes working on impactful projects fuels morning enthusiasm. His philosophy, evident in Google's early mis...
- CA believes your monthly salary is one of the least important money numbers. Here's whyEarning a large salary does not automatically mean wealth. Chartered Accountant Nitin Kaushik explains that focusing on income alone is mis...
- VC contract terms get tougher on founder shares after governance lapsesVenture capital firms are tightening founder contracts, with nearly 76% of Indian startups now allowing the forfeiture of vested shares for...
- Order book growth keeps Persistent Systems on trackPersistent Systems shares are rising, buoyed by optimism in the technology sector and advancements in artificial intelligence. The company ...
- Promoter sells Rs 1,024 crore worth of Ajanta Pharma shares in block deal to Kotak MF and ABSL MFA promoter entity of Ajanta Pharma sold shares worth over Rs 1,024 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya B...
- Bonus issue alert! This smallcap company announced a 2:5 bonus issue. Do you own?Hardwyn India has announced a 2:5 bonus issue, subject to shareholder approval at an EGM on July 3. The company also plans to increase its ...
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