In 2017, the company had filed IPO papers with Sebi seeking to raise Rs 700 crore. However, the regulator kept the processing of the company's proposed IPO in abeyance "pending regulatory action for past violations" and finally approved the IPO plan in January 2018. … [Read more...] about Barbeque Nation files IPO papers to raise Rs 1,000-1,200 cr
One nation one card
In the same month, MobiKwik had said that it will continue to offer free loading of funds using credit cards. Sunil Khosla, Head Digital Business, India Transact Services Limited says, “Other wallet companies may introduce loading charges using credit cards after taking into consideration feedback from Paytm customers. They may charge for loading amounts more than Rs 5,000 or Rs 20,000 using credit card. It will be interesting to watch.” … [Read more...] about Be ready to pay for loading your Paytm wallet through credit cards
A: The RBI has instructed banks to disable features in existing debit and credit cards that have never been used for online or contactless transactions. It means, if you have been using your cards only at ATMs and point of sale terminals, only those features will be enabled. This decision from central bank is to protect rural and new to banking consumers, senior citizens, etc. from fraudulent transactions wherein they may not be using all transaction facilities available. … [Read more...] about Secure credit and debit card usage: How RBI’s new directives help customers
NCP chief Sharad Pawar had recently publicly expressed his unhappiness over Thackerays decision to hand over the Elgar Parishad probe to the NIA. The NCP is a key constituent of the Shiv Sena-led Maha Vikas Aghadi (MVA) government, along with the Congress party.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Won”t hand over Koregaon-Bhima probe to Centre: Uddhav Thackeray
A Demat Account is an account that allows investors to hold shares and securities in an electronic format. Demat is an abbreviated word for dematerialisation (the process of converting physical shares into an electronic format). The Demat account remains in dematerialised form. With SEBI disallowing processing or transfer of physical shares of listed companies since March 31, 2019, having a Demat account for trading in share market in India has become mandatory. Also, a Demat Account can hold all the investments an individual make, including mutual funds, bonds, shares, government securities, exchange-traded funds etc. For instance, HDFC Bank Demat Services Demat account allows the investor to buy and sell as well as transact a whole lot of products, other than shares and stocks, easily, quickly and without any paperwork and all conveniently under one roof, and within the comforts of your home. HDFC Bank Demat account offers you a safe, online and seamless mode to keep track of your … [Read more...] about HDFC demat account: Its charges, account opening process, etc.