News Overview

IJF, a Rs 4900 crore ($600 million) fund, focuses on environmental sustainability and low carbon emission strategies.

RIL and private bank stocks lead the gainers in today's trading session, indicating overall market strength.

Manappuram Finance had strategically acquired a significant majority stake in Asirvad Micro Finance as part of its diversification strategy

The BSE Midcap and Smallcap indices closed slightly higher.

The objective of the scheme is to generate income as well as capital appreciation via diversification across asset classes.

The tax-exempt part of HRA is determined by the lesser of the actual HRA, 50% of 'salary' for metro cities, or 40% for other cities, and the surplus rent paid annually over 10% of the 'salary.

The company holds exclusive first-to-file status, granting a 180-day exclusivity period for the newly-introduced product

Banks and utilities are the main laggards in the current session, while the broader market shows underperformance compared to the benchmarks

The company announced the temporary suspension in an exchange filing on January 10 due to the non-availability of iron-ore fines

It hopes to make global remittance solutions more rapid, dependable, and affordable while also lowering friction.