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PNB Customers Alert: PSU bank to close these accounts from April 15
06
Apr
By The Press Editor
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Business

PNB Customers Alert: PSU bank to close these accounts from April 15

New Delhi: Do you also have an account with Punjab National Bank (PNB Bank)? Then this news is important to you, as PNB has issued an alert to account holders who have had no transactions in their accounts for the past three years. The bank has warned such customers that if necessary steps are not taken, their accounts will be closed after April 15, 2026. Account with zero balance According to an official notice from Punjab National Bank, this deactivation will apply only to accounts that have been inactive for the past three years and currently have a zero balance.…
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Opportunity to own a plot near Noida airport, YEIDA launches new scheme – Check price and other details
06
Apr
By The Press Editor
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Business

Opportunity to own a plot near Noida airport, YEIDA launches new scheme – Check price and other details

Noida: The Yamuna Expressway Industrial Development Authority (YEIDA) has launched a new scheme under which it is providing 973 plots near the Noida International Airport. The scheme, which opened for registration today, i.e. on Monday, April 6, 2026, will close on May 6. This means interested people will have a full month to apply. According to the authority's official website, a draw will be held on June 18 for this scheme to determine the fate of those who have received plot allotments.ย  What are the locations of these plots? According to the Yamuna Expressway Industrial Development Authority's official website, these…
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IPO pipeline strengthens as 38 companies file draft papers in March, 18 launched so far this year
06
Apr
By The Press Editor
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Business

IPO pipeline strengthens as 38 companies file draft papers in March, 18 launched so far this year

Mumbai: Thirty-eight companies, including SBI Funds Management and Manipal Health Enterprises, have filed preliminary papers with the Securities and Exchange Board of India (SEBI) for IPOs due in March 2026. However, the increase is also due to regulatory deadlines. SEBI data shows that 22 companies filed preliminary papers for IPOs in March 2025 and 16 in March 2024. According to merchant banking sources, this momentum is expected to continue.ย  NSE, Jio prepareย to file draft IPO Several major companies are preparing to file draft IPO documents on the National Stock Exchange (NSE) in the coming weeks, including Reliance Industries' telecom company…
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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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