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This hospitality sector stock hits 5% upper circuit even as markets remains volatile today, details here
06
Apr
By The Press Editor
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Business

This hospitality sector stock hits 5% upper circuit even as markets remains volatile today, details here

Mumbai: Shares of Spice Lounge Food Works Ltd., a small-cap company in the hospitality and lifestyle sector, hit a 5 per cent upper circuit on Monday, even as benchmark indices remained volatile.ย ย The stock rose by Rs 1.32 to hit a 5 per cent upper circuit of Rs 27.82. Earlier, the company, which has a market capitalisation of Rs 1,939.40 crore, opened at Rs 27.50 on the BSE, compared to its previous close of Rs 26.50. The intraday low of the stock is Rs 27.03.ย  Multibagger returns for investors According to BSE Analytics, the companyโ€™s stock has delivered strong multibagger returns…
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Form 121 for TDS exemption: Here’s what has changed for taxpayers – Full details
06
Apr
By The Press Editor
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Business

Form 121 for TDS exemption: Here’s what has changed for taxpayers – Full details

New Delhi: Banking and tax-related processes have become much easier for crores of senior citizens and pensioners as the central government has implemented the new Income Tax Act, 2026, effective from Wednesday, April 1, 2026. Many changes have been introduced under the new act, with the most important for senior citizens being the introduction of Form 121. This new form will significantly reduce paperwork, as senior citizens had to fill out two different declaration forms so far. Form 15G and Form 15H replaced For a long time, the income tax system required filing different forms based on age. Ordinary citizens…
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Varun Beverages Dividend: Shares of PepsiCo bottler to trade ex-date soon for final dividend, check amount
06
Apr
By The Press Editor
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Business

Varun Beverages Dividend: Shares of PepsiCo bottler to trade ex-date soon for final dividend, check amount

Mumbai: Indian equity markets have been highly volatile amid tensions in West Asia. In the last truncated week, the Nifty ended 0.50 per cent lower, while the Sensex fell by 264 points. According toย  Amol Athawale, VP Technical Research, Kotak Securities, the market is still holding a lower top formation on the daily charts, which is largely negative. Amid this volatility, there is an opportunity for investors seeking additional profit, as a stock will soon trade ex-date for an interim dividend. The company under concern here is Varun Beverages, PepsiCo's largest franchise bottler. The company has also set a record…
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Market Opening Bell: Sensex gains 157 points, Nifty above 22,750, Trent top gainer
06
Apr
By The Press Editor
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Business

Market Opening Bell: Sensex gains 157 points, Nifty above 22,750, Trent top gainer

Mumbai: After experiencing volatility in the last truncated week, Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a positive note on Monday, following mixed global cues. While the 30-share BSE Sensex rose 157.98 points or 0.21 per cent to start the session at 73,477.53, the Nifty added 67.2 points to open at 22,780.30. In the last trading session, the Sensex closed at 73,319.55 and the Nifty 50 at 22,679.40. Similarly, the broader indices traded in the green in the opening session. However, they soon fell and turned red. While the BSE Midcap Select Index shed…
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SpaceX IPO: Elon Musk may become trillionaire as his space exploration company files to go public
02
Apr
By The Press Editor
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Business

SpaceX IPO: Elon Musk may become trillionaire as his space exploration company files to go public

New York: Elon Musk's space exploration company has confidentially filed preliminary paperwork for an initial public offering (IPO) with the Securities and Exchange Commission, AP quoted two sources familiar with the filing as saying. The sources spoke on condition of anonymity as they are not authorised to talk publicly about the confidential registration with the Securities and Exchange Commission. The IPO promises to be one of the biggest Wall Street events of the year as several investment banks have lined up to help raise tens of billions. The amount raised is expected to fund Musk's ambitions to set up a…
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Sensex, Nifty pare losses to end session in green amid buying in blue-chip IT stocks at lower levels
02
Apr
By The Press Editor
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Business

Sensex, Nifty pare losses to end session in green amid buying in blue-chip IT stocks at lower levels

Mumbai: Equity benchmark indices Sensex and Nifty bounced back and pared all of their losses to end the session in the green as investors rushed to buy blue-chip IT stocks at lower levels. After a volatile trading session, the Nifty finally closed above 22,700. The BSE Sensex gained 185.23 points, or 0.25 per cent, to close at 73,319.55, while the Nifty rose 33.70 points, or 0.15 per cent, to 22,713.10. The market witnessed a broad-based rally. A total of 2,548 stocks advanced, 1,505 declined, and 147 remained unchanged. "The early weakness was largely driven by persistent concerns around elevated crude…
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Mumbai Metro Lines 2B and 9 to begin partial operations from April 3, here’s all you need to know
02
Apr
By The Press Editor
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Business

Mumbai Metro Lines 2B and 9 to begin partial operations from April 3, here’s all you need to know

Mumbai: A few sections of Mumbai Metro Line 2B and Metro Line 9 are all set to open to the public from April 3, 2026, bringing metro connectivity to several key city and suburban areas. In the initial phase, Line 2B will serve the segment between DN Nagar in western Mumbai and Mandale (Mankhurd), covering five stations, including Mandale, Mankhurd, BSNL Metro, Shivaji Chowk, and Diamond Garden, thereby linking Andheri West, Bandra-Kurla Complex (BKC), Kurla, and Chembur with the eastern suburbs. Meanwhile, Line 9's first phase will operate on a 4.5 km stretch between Dahisar and Mira Road, including stations…
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DA hike likely to be announced soon, here’s how much government employees can expect – Check details
02
Apr
By The Press Editor
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Business

DA hike likely to be announced soon, here’s how much government employees can expect – Check details

New Delhi: There's some good news for central government employees and pensioners. After a long wait, it's now expected that an increase in dearness allowance (DA) could be announced this week. If this happens, millions of employees and pensioners will see a significant increase in their salaries and pensions. According to media reports, the government may increase DA by about 3 per cent this time. After this, the dearness allowance will increase from 58 per cent to 61 per cent. Earlier, in October 2025, DA was increased from 55 per cent to 58 per cent, effective July 1, 2025. How…
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Gold drops below Rs 1.48 lakh per 10 grams, silver falls Rs 19,000 on MCX | Check city-wise rates
02
Apr
By The Press Editor
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Business

Gold drops below Rs 1.48 lakh per 10 grams, silver falls Rs 19,000 on MCX | Check city-wise rates

Mumbai: Gold Price Today, Gold MCX Rate: Rates of precious metals in futures tumbled on Thursday, April 2, 2026, as President Donald Trump's address to the nation failed to offer a clear timeline for ending the US-Iran war. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a dip of Rs 1,218 or 0.79 per cent at Rs 1,52,490 per 10 grams against the previous close of Rs 1,53,708. It later fell to touch the low of Rs 1,47,100, a dip of Rs 6,608 or 4.29 per cent. Last seen, it was trading at Rs 1,48,796…
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