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Today's trade news, South Asia's largest Adani launch complex, iron ore exports hit 18-month high in January, and new IPO, release.., see what else. South Asia's largest 'Adani' missile complex Kanpur, Adani Group's two largest explosives and missile manufacturing plants were inaugurated yesterday in Kanpur, Uttar Pradesh. These are South Asia's largest explosives and missile complex. With this, Adani Group has further strengthened its presence in defense manufacturing. The 500-acre plant was built by Adani Defense and Aerospace, a subsidiary of the Adani Group, at an investment of Rs 3,000 crore. The plant was inaugurated by Uttar Pradesh Chief Minister Yogi Adityanath. The Adani Group said it will reinforce the government's policy of a self-reliant India and lead to technological advancement in the defense sector. January steel exports hit an 18-month high NEW DELHI: India's steel exports rose to an 18-month high in January last y...

Shares of pharmaceuticals maker Alkem Labs tumbled 14 percent to Rs 4,653 in intra-hour trade yesterday on the Mumbai Stock Exchange amid allegations of tax evasion. Tax complaint In this regard, informed sources said This is the lowest price of the company's stock in the last three months. However, the stock price rose to Rs 5,013 by the end of trading hours. The company's share price fell following reports that the Income Tax department had found the company involved in tax evasion of over Rs 1,000 crore. The Income Tax department has found that more than Rs 1,000 crore of false income tax deductions have been claimed for the company's manufacturing plants in Sikkim. Also, it has been discovered that various special sections under the Income Tax Act have been misused to avail such exemptions. Also, the Income Tax Department's probe found that Alkem ​​Labs paid doctors and medical students to prescribe their company's drugs to patients. At the end ...

India tops in IPO issuance, It has been revealed that last year the Indian stock market ranked first in the world in terms of IPOs. I expect this to continue this year as well.   NEW IPO India top What is the success rate of IPO in India In a report published by EY, a stock market research company, it has been reported that in the quarter ended with December last year, there was a large share issue in the Indian stock markets. During the quarter, there were 31 share issues on the Mumbai and National Stock Exchanges. This is higher than the corresponding period of the previous year. Also, equity issuances by small and medium enterprises have also increased over the corresponding period of the previous year. While share issuances were sluggish in the first half of last fiscal, the share issuance activity picked up thereafter, the report said. It has also been reported that with the number of applications related to share issue permission being filed, we can expect ...

The Dubai administration has introduced a five-year 'Multiple Entry Visa' for the benefit of Indians traveling to Dubai from our country. India to dubai What is new 5 year visa Dubai Located in the West Asian country of United Arab Emirates, Dubai is one of the best tourist destinations in the world. Passenger increase, Indians are living there in large numbers. Not only that, 20 lakh people from our country travel to that country every year. Last year alone, 2.4 lakh people visited Emirates. In particular, the arrival of international travelers to the tourist city of Dubai is increasing day by day. In the last 2019 before Corona, 19 lakh Indians visited Dubai, during the Corona period it decreased drastically. In 2022, it was 18 lakh, but last year it increased to 24 lakh. With the number of travelers from our country to Dubai increasing by 34 per cent every year, Indians are the number one foreign tourists coming there. In this case, in order to further increa...

Investments in hybrid mutual funds rise to Rs 21,000 crore in January, Hybrid mutual funds attracted an investment of Rs 20,634 crore in January last year, according to data from the Association of Mutual Funds (Ambi).  Hybrid mutual funds Is it good to invest in hybrid mutual funds Hybrid mutual funds have become very popular among investors in recent times. 20,634 in January last year accordingly These funds have received an investment of crores of rupees. This is a 37 percent increase from the previous month. Following this, in the April-January period of the current financial year, the total inflows of these mutual funds have reached Rs 1.21 lakh crore. 2023 after the changes in taxation on debt funds Hybrid mutual funds have been investing heavily since April. Hybrid funds are one of the mutual fund schemes. These are invested in a mix of stocks and bonds. In some projects investments will be made in addition to gold. Hybrid Mutual Funds are preferred by invest...

Tata Group invests Rs 2,300 crore in Karnataka, Air India and Tata Advanced Systems are planning to invest Rs 2,300 crore in Karnataka, Chief Minister Siddaramaiah said on Monday. TATA GROUP He further said on his 'X' social media page: To the Tata Group Owned by Air India and aircraft parts maker Tata Advanced Systems, both have invested Rs 2,300 crore for various projects in Karnataka. are to invest. Out of the total investment, Air India plans to invest Rs 1,300 crore for projects including aircraft repair and maintenance at Bengaluru airport. This will provide employment to 1,200 people directly and more than 25,000 people indirectly. Similarly, Tata Advanced Systems is investing in setting up manufacturing, research and development facilities in the state is to do. Tata Advanced Systems, Europe Doors for the aircraft manufacturer's Airbus A320 Neo cargo aircraft prepares The company has earmarked Rs 1,030 crore for three projects. Out of this, Rs 420 crore...