Since these funds have a minimum of 65 per cent in equities, they are treated as equity mutual funds and hence taxed accordingly
Read MoreThe project cost is pegged at about Rs 391 crore, while timeline for the completion of this contract is 24 months
Read MoreThe Rs 7,000 crore orders from Adani Power and Mirzapur Thermal Energy include the supply of equipment and supervision of erection and commissioning for a power project
Read MoreAmong the Nifty companies, 29 advance, while 21 decline. Leading the pack of gainers are NTPC, SBI, ONGC, Coal India, and Power Grid
Read MorePresently, FPIs reportedly get up to seven working days to submit information in case of any material changes in it
Read MoreThe allotment for the IPO is scheduled on 06 followed by listing on BSE and NSE on Monday, 10 June
Read MoreIn the Nifty50 index, interestingly all the 50 peers end in the green territory with Adani Ports topping the index with more than 8 per cent gain
Read MoreHindalco says "Novelis will continue to evaluate the timing of the offering in the future"
Read MoreIn the Nifty 50 index, Hindustan Unilever, M&M, Britannia, ONGC, and HCL Tech emerged as the top gainers
Read MoreRecognising the new uncertainties, CLSA removes L&T from its India focus portfolio, replacing it with HCL Tech
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