finance

New Delhi [India], February 04: The Union Budget’s emphasis on infrastructure development, sustainable energy, and urban planning is a significant step towards India’s growth and self-reliance. In terms of broader infrastructure development, the budget allocates Rs.1.5 trillion in 50-year interest-free loans to states for capital expenditure, encouraging investments in infrastructure projects – which will bolster economic growth and create more jobs along with improving urban transport and movement of goods. Furthermore, an asset monetization plan for 2025-30 aims to generate ₹10 trillion to fund new projects, thereby accelerating infrastructure growth across the country. Mr. Shivdutt Das, Managing Director, Vishwa Samudra…

New Delhi [India], February 03: The 2025 Union Budget was one of the most anticipated in recent years, especially by the common man and every hardworking taxpayer. After years of navigating a complicated and sometimes daunting tax system, the government’s focus on simplification and reform is a welcome change. Forvis Mazars in India is a leading audit and assurance, tax, and advisory firm that has a shared view on the budget. Rohit Goyal, Partner, Financial Advisory, Forvis Mazars in India shares his views on- On cleantech manufacturing Developing and gradually moving towards cleantech manufacturing is crucial for creating a sustainable…

Rajkot (Gujarat) [India], February 01: Rs.4981 lakh Right Issue of Ultracab (India) Ltd (BSE-538706) engaged in the manufacturing and exporter of electric wires and cable opened for subscription from January 28, 2025. Right issue of the company are attractively priced at a Rs.14.5 per share and will close on February 11, 2025. Highlights: The Shares in Right issue priced at Rs. 14.5 per share The Company recorded Net Profit of Rs. 598 lakh for FY24 and Revenue of Rs. 12439 lakh Promoters Mr. Nitesh Vaghasiya and Mr. Pankaj Shingala have confirmed to subscribe to the full extent of their Rights and Entitlements…

Mumbai (Maharashtra) [India], January 30: In times of financial need, having quick and reliable access to funds can make all the difference. Piramal Finance understands the importance of timely support and is proud to offer instant loans of up to ₹5 lakh. Designed to cater to your urgent requirements, our instant loan process is entirely online, ensuring convenience and ease every step of the way. Quick and Simple Financial Solutions Whether it’s an unexpected expense, medical emergency, or a sudden opportunity you don’t want to miss, Piramal Finance’s instant loan is here to help. With a focus on simplifying financial access, our…

Mumbai (Maharashtra) [India], January 23: Owning a home is a dream that many of us hold close to our hearts. It represents not just a place to live but a space where cherished memories are created, families grow, and milestones are celebrated. At Piramal Finance, we understand the deep emotional value of a home and are committed to helping you turn that dream into reality. With our home loan offerings, we aim to provide a seamless, affordable, and customer-friendly solution for individuals aspiring to own their dream home. Home Loans Tailored to Your Needs Piramal Finance offers home loans of up to…

Nagpur (Maharashtra) [India], January 23: GB Logistics Commerce Limited, operating in Logistics sector, has announced its plan to go public with an IPO on January 24, 2025, aiming to raise ₹ 25.07 Crores, with shares to be listed on the BSE SME platform. The issue size is Up To 24,57,600 equity shares at a face value of ₹ 10 each. Equity Share Allocation QIB Anchor Portion – Up to 6,99,600 Equity Shares Qualified Institutional Buyers (QIB) – Up to 4,66,800Equity Shares Non-Institutional Investors (NII) – Not less than 3,50,400Equity Shares Retail Individual Investors (RII) – Not less than 8,17,200Equity Shares Market Maker – Up to 1,23,600 Equity Shares The…

New Delhi [India], January 21: In a groundbreaking move that’s reshaping India’s wealth management landscape, Dezerv introduces its innovative Portfolio Management Services (PMS), designed specifically for sophisticated investors seeking institutional-grade portfolio management. With a unique zero percent fixed management fee structure and performance-linked profit sharing, Dezerv is setting new standards in aligning wealth manager incentives with client success. Elite Expertise Meets Modern Innovation Founded by industry veterans Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor, who collectively bring over two decades of experience managing wealth exceeding ₹50,000 crore, Dezerv combines deep market expertise with cutting-edge technology. Their experience spans prestigious institutions such as…

New Delhi [India], January 18: Nettlinx Ltd. (BSE: 511658), Nettlinx provides a comprehensive suite of network solutions, including Internet services, Network Management, Data Center and Co-Location Services and Enterprise Mailing Solutions. Its primary revenue comes from business IT services, which encompass software development, consulting, & package implementation. Nettlinx Ltd provides B2B dedicated Internet Leased Lines (1:1) through a network built on world-class technology. Provides advanced Managed Network Services to enterprises in Telangana & Andhra Pradesh. It Operates through a direct presence in over 93 locations. In its board meeting held on Friday, 17th January 2025, it approved the unaudited Financial Results…

New Delhi [India], January 15: A Demat Account is an acronym for dematerialized account that stores your stocks, mutual funds, and ETF holdings in an electronic form. Previously, when the share certificates were held in the physical form there was a risk of theft, loss, damage, or even misinformation. The introduction of the Demat Account in 1996 has simplified the whole process and now you can hold the share certificates in the most secure and manageable way. As Demat account is a necessity to trade in the stock market, there is also a need to select the right stockbroker that…

New Delhi [India], January 12: Term insurance is one of the most cost-effective ways to secure your family’s financial future in an unforeseen tragedy. While purchasing a term insurance plan ensures that your loved ones are protected, the true test of its value lies in the ease and efficiency of the claim settlement process. Here, let’s learn everything you need about term insurance claims and how Policybazaar’s Dedicated Claim Assistance Program (D-CAP) ensures a seamless experience for policyholders and their families. Understanding Term Insurance Claims When any unfortunate event occurs, the nominee of a term insurance policy must file a…