Author: Suril Shah

The Rolls-Royce Dawn and Rolls-Royce Wraith aircraft will cease manufacture in 2024 and are no longer available for order, according to the company’s announcement.  Due to the firm’s self-funded resources being directed toward the development of the Spectre two-door electric coupe, which is expected to debut in the fourth quarter of 2024, the Dawn, a two-door convertible, and the Wraith, a two-door coupe — both of which have reached the end of their scheduled production runs — will not be directly replaced.  Orders for the two-door pair, according to company CEO Torsten Muller-Otvos, have now been closed for all markets,…

The Jeep Meridian 7-seater SUV has been unveiled in India for the first time. To put it simply, the new Jeep Meridian 7-seater is the same vehicle, but with a few upgrades. After the Compass Trail Hawk, Jeep India’s second 2022 introduction will be the Grand Cherokee. Delivery of this Toyota Fortuner MG Gloster competitor will begin in June 2022, with pre-orders opening in May. The Jeep Meridian is marketed as the Jeep Commander in the United States, Canada, and the rest of the world. With that said, the India-spec SUV is getting a few modest updates, including all-LED headlamp assemblies…

If you have not yet submitted your income tax return (ITR) for fiscal year 2020-21, you will be required to pay higher TDS, TCS beginning April 1, 2022, if your total TDS, TCS was Rs 50,000 or more in fiscal year 2020-21. This is because the government revised the legislation such that failing to file an ITR for one year and having TDS above Rs 50,000 in the previous fiscal year will result in TDS and TCS deductions at a higher rate in the next fiscal year.  The increased TDS, TCS rate will apply to certain types of income, such…

Sebi issued the regulation for mandatorily filing nomination or opting out of nominations in its circular dated July 23, 2021. Existing investors’ demat and trading accounts will be frozen if they do not comply with this guideline. New accounts will not be established after October 1, 2021 if this regulation is not followed. If you haven’t made a nomination in your demat or trading account, or if you haven’t issued a declaration to opt out of making a nomination, your account will be locked on March 31, 2024. Previously, the deadline to comply with this rule was March 31, 2022.…

By March 31, 2022, investors must link their Aadhaar to their PAN. If the PAN card is not connected to it by March 31, 2022, it will become ineffective. According to a 2017 amendment issued by the government, investors must link their Aadhaar with their PAN by March 31, 2022. If the PAN card is not connected to Aadhaar by March 31, 2022, As a result, the KYC status is null and invalid. In a press release, Quantum Mutual Funds noted, “It’s not just investors’ mutual fund investments that would be halted, but if you fail to connect both, most…

Bharat Founders Fund (BFF) was founded by the founders and senior executives of numerous firms, including Unicorn, to invest in pre-seed-stage entrepreneurs. Approximately 66 founders and senior executives will invest in this through the Bharat Founders Fund, including Meesho co-founders Vidit Aatrey and Sanjeev Barnwal; Cars24 co-founders Vikram Chopra, Mehul Agrawal, and Gajendra Jangid; Rivigo co-founder Gazal Kalra; Vedantu co-founder Vamsi Krishna; Lead School co-founders Smita Deorah and Bharat Founders Fund (BFF), which has made 20 investments to far, will generally invest $100,000 to $200,000 in different early-stage entrepreneurs and firms at the consideration stage. Maanav Sagar and Sera Arora,…

The firm, which achieved record sales of 69 automobiles in the nation in 2021, an increase of 86%, is also examining its ambitions to launch hybrid vehicles in the country as part of a worldwide electrification strategy.  Automobile Lamborghini, the Italian super sports luxury manufacturer, sees a “great possibility” for expansion in India, with a growing number of ultra-high net-worth people driving demand in the nation, according to its Chairman and CEO Stephan Winkelmann.  The firm, which achieved record sales of 69 automobiles in the nation in 2021, an increase of 86%, is also examining its ambitions to launch hybrid…

Our lives have been restructured because of the coronavirus epidemic. Everything about the way we live, work, and think has altered. We used our free time at home to read, educate ourselves, and reflect. Perhaps it is because of this understanding that we invest the way we do.   Investing in mutual funds has changed dramatically in the previous year. Investors have shifted their focus from active to passive investment.  A skilled fund manager makes all purchasing and selling choices in an actively managed fund based on his market view. Stocks are purchased and sold in a passive fund, also known…

In the previous two years, several steel stocks have surged up to eight times. Analysts believe that two equities, Tata Steel and Jindal Steel & Power (JSPL), can deliver more, citing export potential from Europe. This is despite ongoing worries about growing raw material costs, which steelmakers must pass on to consumer industries sooner rather than later, according to experts. Jindal Steel shares have increased 8.4 times since early April 2020, while Tata Steel shares have increased 5.3 percent within the same period. Tata Steel has a consensus target price of $23 per share, implying a possible 23% gain. Another such…

Mutual fund investors are highly concerned about the present stock market volatility. Many of them, particularly new and first-time investors, are wondering whether they should quit investing in hazardous choices such as small cap schemes and sector and theme schemes. Some investors are also debating whether they should discontinue their participation in equity programmes. According to mutual fund experts, investors are becoming concerned about volatility and are unable to predict the market’s future direction. The stock market has lately lost a lot of territory, but it has also recovered some of it back. This has further perplexed investors. Indeed, the stock market…