Latest news with #NSDL
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Business Standard
an hour ago
- Business Standard
Emails ask taxpayers to down fake PAN cards: How to stay safe, spot scam
If you receive an email claiming to be from the Income Tax Department and asking you to download your e-PAN card, do not click links in it. The department doesn't ask taxpayers to download and the email is fake. The fact-check unit of the Press Information Bureau has said that such emails mean to trick users into revealing sensitive financial information. What's the scam The fraudulent e-mail usually contains: A message prompting you to click on a link to 'download your e-PAN card' A sender ID that may look official but will have anomalies (like spelling errors or unusual domains) An attachment or link that could install malware or redirect you to a fake website What PIB has advised Do not click links in suspicious emails Avoid downloading attachments from unknown sources Do not share any financial or personal details in response to such emails, SMS or calls Why you should care Cybercriminals often use urgency or fear to push people into making hasty decisions. With tax-related communications, users are especially likely to respond quickly without verifying authenticity. What you can do -Enable spam filters on your e-mail account -Verify before you act: Legitimate government bodies do not ask for sensitive details over e-mail How to download your e-PAN safely If you've misplaced your PAN or need a digital copy, you can download it free of cost through the official portals. Here's how to do it safely: 1. Via NSDL (for PANs issued through NSDL): Visit: 2. Click on 'Download e-PAN' under the Services tab 3. Enter your PAN, Aadhaar number (for individuals), and date of birth 4. Authenticate with OTP sent to your Aadhaar-linked mobile number 5. Download your e-PAN in PDF format 1. Via UTIITSL (for PANs issued through UTIITSL): on 'Download e-PAN Card (For PAN Allotted Older or More than 30 Days)' your PAN, date of birth, and captcha via OTP on your registered mobile or e-mail your e-PAN
India Today
an hour ago
- Business
- India Today
NSDL IPO: Check key dates, issue size and other key details
National Securities Depository Ltd (NSDL), India's oldest and largest securities depository, is set to launch its initial public offering (IPO) on July 30. The issue will close on August 1, with the anchor book scheduled for July 29, according to its red herring prospectus filed with the Securities and Exchange Board of India (Sebi).The IPO is entirely an offer for sale of up to 5.01 crore equity shares by existing shareholders. IDBI Bank plans to sell up to 2.22 crore shares, while the National Stock Exchange (NSE) will offload up to 1.80 crore Bank of India (SBI) intends to sell up to 40 lakh shares, HDFC Bank will sell up to 20 lakh shares, and Union Bank of India will offload 5 lakh shares. Additionally, the Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI) will offer up to 34.15 lakh shares. All shares have a face value of Rs 2 each. This issue is particularly significant for IDBI and NSE, which currently hold 26.01 percent and 24 percent stake respectively in per Sebi regulations, no single entity can hold more than 15 percent in a market infrastructure institution. The IPO offers both institutions a pathway to comply with this is reportedly targeting a valuation of around 1.85 billion dollars, or approximately Rs 16,000 crore at current exchange rates. As of December 31, 2024, it is the leading depository in the country by number of issuers, number of active instruments, market share in demat value of settlement volume, and value of assets under company first filed its draft red herring prospectus in July 2023 and submitted an addendum in May 2025, reducing the issue size from 5.72 crore shares to 5.01 crore. SEBI has allowed NSDL to complete its listing process by August 14, Securities, Axis Capital, HSBC Securities, IDBI Capital, Motilal Oswal, and SBI Caps are acting as the book-running lead managers for the IPO. - Ends
News18
2 hours ago
- Business
- News18
NSDL eyes Rs 4,000 crore via IPO; issue opens on July 30
Agency: New Delhi, Jul 24 (PTI) National Securities Depository Ltd (NSDL) is set to launch its Initial Public Offering (IPO) on July 30, with the issue size pegged at around Rs 4,000 crore. The depository's maiden public issue will conclude on August 1. The one-day bidding for anchor investors is scheduled to open on July 29, according to the Red Herring Prospectus (RHP). The IPO only consists of Offer For Sale (OFS) component of 5.01 crore shares and those selling shares under this are — the National Stock Exchange of India (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India and Administrator of Specified Undertaking of the Unit Trust of India (SUUTI). Since the public issue is entirely an OFS, NSDL will not receive any proceeds from the IPO. Market sources have pegged the IPO size to around Rs 4,000 crore. This upcoming listing will make NSDL the country's second publicly traded depository after Central Depository Services (CDSL), which was listed on the NSE in 2017. The listing of NSDL is crucial in order to comply with Sebi's ownership norms. These regulations require that no entity can hold more than 15 per cent of the shareholding in a depository company. NSDL's principal shareholders, IDBI Bank and the NSE, are required to reduce their stake in the company to comply with Sebi's rule. Currently, IDBI holds 26.10 per cent and NSE owns 24 per cent stake in NSDL, which exceeds the permissible limit. It is a Sebi-registered market infrastructure institution offering a wide range of products and services to the financial and securities markets in India. Following the introduction of the Depositories Act in 1996, NSDL pioneered the dematerialisation of securities in India in November 1996. For the full financial year 2024-25, the depository's net profit surged by 24.57 per cent to Rs 343 crore and total income rose to Rs 1,535 crore, a 12.41 per cent increase over FY 2023-24. ICICI Securities, Axis Capital, HSBC Securities and Capital Markets (India), IDBI Capital Markets & Securities, Motilal Oswal Investment Advisors and SBI Capital Markets are the book-running lead managers to the issue. PTI SP DR DR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 24, 2025, 12:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
2 hours ago
- Business
- Economic Times
Stock Market LIVE Updates: Sensex falls over 600 pts, Nifty below 25,050; IT stocks tumble
Sensex Today | Stock Market LIVE Updates: Sectoral indices traded lower, led by declines in IT, banking, and financial services. The IT index was the worst performer, dragged down by sharp losses in Coforge and Persistent Systems. Broader markets also edged lower, even as Asian peers gained on optimism from a new U.S.–Japan trade pact. Meanwhile, investor sentiment remains upbeat ahead of a potential India–UK free trade agreement during Prime Minister Modi's visit to Britain. Sensex Today | Stock Market LIVE Updates: Indian benchmark indices edged lower on Thursday, dragged by banking and IT stocks, even as hopes of an India-UK free trade agreement during PM Modi's UK visit lent support. The FTA is expected to ease tariffs on key goods and boost bilateral market access. Sensex Today | Stock Market LIVE Updates: Key stocks that hit 52 week high Sensex Today | Stock Market LIVE Updates: Sensex tumbles over 650 pts Sensex Today | Stock Market LIVE Updates: Sensex falls over 500 pts Sensex Today | Stock Market LIVE Updates: Dates announced for Rs 4,000 crore NSDL IPO, NSE to sell 1.8 crore shares The highly anticipated ₹4,000 crore initial public offering (IPO) of National Securities Depository Ltd (NSDL) is set to open for public subscription on July 30. This comes after the company received an extension from market regulator SEBI, allowing it to complete its listing on the stock exchanges by August 14. Read more Sensex Today | Stock Market LIVE Updates: Top movers so far Sensex Today | Stock Market LIVE Updates: Nestle shares tumble 4.5% over weak Q1 earnings Sensex Today | Stock Market LIVE Updates | Nestlé India Q1 Results: PAT drops 13% YoY to ₹647 crore; revenue grows 6% Nestlé India reported a 13% year-on-year decline in consolidated net profit for Q1FY26 at ₹647 crore, even as revenue rose 6%. The decline comes amid higher input costs, impacting profitability despite steady topline growth. Read more Sensex Today | Stock Market LIVE Updates: Sensex falls over 400 pts Sensex Today | Stock Market LIVE Updates: Nestle Q1 Results PAT: Rs 647 cr vs Rs 747 cr, down 13.4% YoY Revenue: Rs 5,096 cr vs Rs 4,814 cr, up 6% YoY Sensex Today | Stock Market LIVE Updates: Fertiliser stocks rise after govt withdraws quality control order for acetic acid, methanol & aniline Nifty Today | Stock Market LIVE Updates: Nifty50 slips below 25,150 Sensex Today | Stock Market LIVE Updates: Sensex drops over 300 pts Sensex Today | Stock Market LIVE Updates: Natco Pharma shares slip after announcing ₹2,000 crore stake buy in Adcock Ingram Natco Pharma shares declined over 2% on Thursday after the company announced plans to acquire a 35.75% stake in South Africa's Adcock Ingram Holdings for around ₹2,000 crore, marking a major overseas investment move. Read more Sensex Today | Stock Market LIVE Updates: Eternal shares rally 20% this week on strong Q1 revenue growth despite profit drop Eternal shares have surged 20% this week after its Q1FY26 results impressed investors with strong revenue growth and solid performance across key verticals, despite a sharp drop in profitability. The company reported a 70% year-on-year jump in revenue, boosting market sentiment. Read more Sensex Today | Stock Market LIVE Updates: EaseMyTrip partners with Timbuckdo to offer student travel discounts EaseMyTrip has signed an MoU with student-focused platform Timbuckdo to provide curated discounts on flights, buses, hotels, and experiences, aiming to make travel more affordable and accessible for students across India. Sensex Today | Stock Market LIVE Updates: Nifty sectoral indices Bonds Market LIVE Updates: DLF Cyber City Developers to issue 3-year bonds, bankers say India's DLF Cyber City Developers plans to raise 11 billion rupees ($127.50 million) through the sale of bonds maturing in three years, two bankers said on Thursday. The company will pay a coupon of 6.92% on this issue, which would be payable on a quarterly basis, and has invited bids from bankers and investors on Friday, they said. The issue will have a call option three months before the bond's maturity. Sensex Today | Stock Market LIVE Updates: Persistent Systems shares fall 9% post mixed Q1 results. Should you buy now? Shares of Persistent Systems fell sharply by 7% to touch an intraday low of ₹5,217.25 on the BSE during early trade on Thursday, July 24, despite the company posting a 38.7% year-on-year (YoY) rise in consolidated profit after tax (PAT) for the June quarter of FY26. The PAT came in at ₹425 crore, marking a 7.4% increase compared to the previous quarter. Read more Sensex Today | Stock Market LIVE Updates: Top gainers and losers in the early trade Sensex Today | Stock Market LIVE Updates: Coforge shares slide over 5% after Q1 earnings miss estimates Sensex Today | Stock Market LIVE Updates: Vijay Kedia portfolio stock jumps 4% after stellar Q1 earnings. Check details Mahindra Holidays & Resorts, a stock in ace investor Vijay Kedia's portfolio, jumped 4% in Thursday's trade after reporting a sharp rise in standalone net profit for the June quarter. The company posted robust earnings growth, supported by steady revenue improvement. Read more Nifty Today | Stock Market LIVE Updates: Nifty IT drops over 1% Sensex Today | Stock Market LIVE Updates: Sensex falls over 200 pts Sensex Today | Stock Market LIVE Updates: BEML gains over 3% after Defence Ministry awards ₹294-crore HMV order BEML shares rose more than 3% in Thursday's trade after securing a ₹293.82-crore order from the Defence Ministry for the supply of High Mobility Vehicles (HMV) 6x6, boosting investor sentiment. Read more Sensex Today | Stock Market LIVE Updates: IEX hit 10% lower ciruit after CERC clears market coupling plan ahead of Q1 results Indian Energy Exchange (IEX) shares sank 10% to hit the lower circuit at ₹169.10 on the BSE after the CERC approved the rollout of market coupling in the power sector. The sharp drop comes just ahead of the company's Q1FY26 earnings announcement. Read more Sensex Today | Stock Market LIVE Updates: Tata Consumer Products jumps 4% post Q1 earnings; what should investors do? Tata Consumer Products surged 4% to an intraday high of ₹1,104.80 on the BSE after posting a 15% YoY increase in consolidated net profit to ₹334 crore for Q1FY26, up from ₹290 crore in the same quarter last year. Tata Consumer Products surged 4% to an intraday high of ₹1,104.80 on the BSE after posting a 15% YoY increase in consolidated net profit to ₹334 crore for Q1FY26, up from ₹290 crore in the same quarter last year. Read more Sensex Today | Stock Market LIVE Updates: Dr Reddy's jumps nearly 3% after Q1 results The pharmaceutical giant reported a modest 2% year-on-year (YoY) rise in consolidated net profit to ₹1,418 crore for the quarter ended June, as it navigated a tough pricing environment in the generics segment. FOREX News: China's yuan rises to 8-month high as PBOC moves to boost investor confidence FOREX News: Indian rupee opens up 0.1% at 86.33 per U.S. dollar, versus 86.4075 previous close Nifty Today | Stock Market LIVE Updates: Nifty50 tests 25,200 Sensex Today | Stock Market LIVE Updates: Vijay Kedia portfolio stock in focus after stellar Q1 earnings. Check details Mahindra Holidays & Resorts, part of Vijay Kedia's portfolio, posted a strong 69% year-on-year jump in standalone net profit to ₹76 crore for the June quarter. Revenue rose 5% to ₹369 crore, while EBITDA surged 42% to ₹161 crore. MD & CEO Manoj Bhat attributed the performance to solid domestic growth and resilient European operations, despite facing currency-related challenges. Sensex Today | Stock Market LIVE Updates | Opening Bell: Sensex falls 100 pts, Nifty below 25,200; Trent, Bajaj Finance drop 1% each Sensex Today | Stock Market LIVE Updates: India's economy shows resilience amid global tariff challenges, macroeconomic risks RBI economists have flagged concerns over underpriced macroeconomic risks and escalating global trade tariffs, which are approaching levels seen during the 1930s. Despite these headwinds, India's economy remains resilient, supported by solid fundamentals, moderating inflation, and proactive fiscal policies. Encouraging monsoon forecasts and strong growth in the services sector continue to strengthen the economic outlook, even as industrial activity stays relatively subdued. Sensex Today | Stock Market LIVE Updates: Sensex rises over 50 pts in pre-open session, Nifty tops 25,200 Sensex Today | Stock Market LIVE Updates: Can Infosys maintain its momentum after reporting strong June 2025 quarter growth? Infosys reported strong sequential revenue growth for the June 2025 quarter, supported by a lower base, better pricing, and improved employee utilization—outpacing its industry peers. Buoyed by healthy new deal wins, the company raised its FY26 constant currency revenue growth guidance to 1–3%. Sensex Today | Stock Market LIVE Updates: Brigade Hotel plans to raise Rs 759.6 crore through IPO to reduce debt, purchase land Brigade Hotel Ventures is set to raise ₹759.6 crore via an IPO aimed at reducing debt and acquiring land, which could lower the promoter stake to 74.1%. A substantial share of its revenue comes from Bengaluru, especially the Sheraton Grand Bangalore. Although the company has seen growth in revenue and occupancy, analysts advise investors to closely watch its post-listing performance, given its relatively high valuation compared to industry peers. Sensex Today | Stock Market LIVE Updates: Small stocks, big surge: Over 50 microcaps soar up to 5,500% despite market turmoil Despite sustained market sell-offs since last September, nearly 50 smallcap, microcap, and penny stocks have delivered staggering gains, with returns between 200% and 5,500%. However, a large number of these high-flyers have posted losses or modest revenues, prompting concerns about a potential bubble. Experts urge caution, highlighting that only a select few exhibit strong fundamentals amid the speculative surge. Global Market Updates: Japan's Nikkei share average rises 2% to top 42,000 for first time since July 2024 Sensex Today | Stock Market LIVE Updates: Fitter & Stronger: Midcaps outperform smallcaps in long term Mutual funds with a midcap focus have delivered solid long-term returns for SIP investors. Over 10- and 15-year periods, the Nifty Midcap 150 TRI has outperformed the Nifty Smallcap 250 TRI, reflecting midcaps' superior risk-adjusted returns and stronger fundamentals. Recent inflows into mutual funds have also driven up midcap valuations, underscoring growing investor interest in the segment. Sensex Today | Stock Market LIVE Updates: Dixon Technologies reports doubled Q1 net profit, analysts predict continued growth Shares of Dixon Technologies rallied after the company reported a twofold jump in its Q1 net profit, prompting several brokerages to hike their target prices. Analysts anticipate sustained earnings growth, with revenue expected to double by FY27, driven by robust mobile orders and the scaling up of its joint venture with Vivo. While growth outlook remains positive, some analysts caution that valuations appear steep relative to global peers. Sensex Today | Stock Market LIVE Updates: Yen, euro lifted by progress on trade The euro is approaching a four-year high, and the yen has strengthened, driven by progress in U.S. trade agreements with the EU and Japan, which have lifted market confidence. These deals have eased fears of trade retaliation, enhancing risk sentiment. In Japan, despite political uncertainty around Prime Minister Ishiba, the trade agreement has contributed to stock market gains. Sensex Today | Stock Market LIVE Updates: Oil prices climb on US trade optimism, drop in crude stockpiles Oil prices climbed on Thursday, supported by upbeat sentiment around U.S. trade negotiations and a sharp decline in U.S. crude inventories. Hopes that progress in tariff discussions will avert worst-case outcomes boosted market confidence. However, lingering uncertainties in U.S.-China trade talks and ongoing Russia-Ukraine tensions are capping further upside. Sensex Today | Stock Market LIVE Updates: Gold flat as easing trade tensions offset boost from soft dollar Gold prices steadied after a prior session dip, as easing trade tensions reduced demand for the safe-haven asset. However, a weaker dollar offered some support. Optimism over progress in the U.S.-Japan trade deal and a possible U.S.-EU agreement lifted risk appetite. Investors now turn their focus to upcoming U.S. jobless claims and PMI data, ahead of the Federal Reserve's next monetary policy decision. Sensex Today | Stock Market LIVE Updates: S&P 500 and Nasdaq rally to record highs on optimism about trade deals The S&P 500 and Nasdaq hit record highs, driven by strong performances from Nvidia and GE Vernova. GE Vernova surged on the back of robust earnings, while Nvidia continued to propel market momentum. Hopes of a potential U.S.-EU trade deal also lifted sentiment. Meanwhile, investors remain focused on Tesla's performance, balancing optimism over future developments with caution over past hurdles. Global Market LIVE Updates: Asian shares rise on hopes for more trade deals Asian equities rallied for a sixth consecutive session, driven by optimism over potential US trade agreements with Japan and the European Union. The MSCI Asia Pacific index posted solid gains, tracking the S&P 500's record highs. Strong earnings from major players like Alphabet and SK Hynix boosted investor confidence, offsetting concerns over a dip in Tesla's sales. Sensex Today | Stock Market LIVE Updates: Stocks in news: Infosys, Bajaj Finance, Nestle, Dr Reddy's, Inox Wind In today's session, stocks such as Infosys, Bajaj Finance, Nestle, IndusInd Bank, and Inox Wind will be in the spotlight amid key news developments and first-quarter earnings announcements. GIFT Nifty LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 42 points, or 0.17 per cent, at 25,290.50, signaling that Dalal Street was headed for positive start on Thursday. Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide D-Street action on Thursday Indian markets ended on a positive note, lifted by encouraging global cues after the U.S.-Japan trade agreement, which sparked optimism around potential progress in India-U.S. trade negotiations. The Sensex rose 0.66% to close at 82,726.64, while the Nifty advanced 0.63% to 25,219.90. Technical indicators point to sustained bullish momentum, indicating scope for further upside in the near term. Read more Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday Indian stock markets closed on a strong note on Wednesday, with both the Sensex and Nifty posting solid gains, mirroring the upbeat sentiment across Asian markets. The rally was fueled by the recent trade agreement between the United States and Japan, which has boosted hopes for meaningful progress in India-US trade talks. Investor optimism was further reflected in a notable rise in market capitalization on the Bombay Stock Exchange, signaling strengthening market confidence. Read more
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Business Standard
2 hours ago
- Business
- Business Standard
Wait over! NSDL IPO to open for subscription on July 30; check key details
NSDL IPO: The leading depository authority, National Securities Depository Limited (NSDL), is all set to launch its much-awaited Initial Public Offering (IPO) on July 30, 2025. Ahead of the public issue, bidding for anchor investors is scheduled for Tuesday, July 29, 2025. This will make NSDL the second publicly traded depository in India, following Central Depository Services (India)(CDSL), which got listed on the NSE in 2017. NSDL IPO details According to the Red Herring Prospectus (RHP), the NSDL IPO is an entirely Offer for Sale (OFS) of 50,145,001 equity shares with a face value of ₹2 each. Among the key shareholders looking to divest are the National Stock Exchange of India (NSE), which plans to sell 18,000,001 shares; IDBI Bank, which aims to offload 22,220,000 shares; and Union Bank of India, which intends to sell 500,000 shares. The company has not annoucned the price band, and lot size for the public offering yet. NSDL IPO timeline The public issue will remain open for subscription until Friday, August 1, 2025. Following the close of the subscription window, the basis of allotment is likely to be finalised by Monday, August 4, and shares are expected to be credited to investors' demat accounts by Tuesday, August 5. Shares of NSDL are tentatively scheduled to make their debut on the BSE on Wednesday, August 6, 2025. NSDL IPO registar, lead mansgers For the public offering, MUFG Intime India (formerly Link Intime India) is acting as the registrar. The book running lead managers include ICICI Securities, Axis Capital, HSBC Securities and Capital Markets (India), IDBI Capital Markets & Securities, Motilal Oswal Investment, and SBI Capital Markets. As of now, NSDL has not announced the price band or the lot size of the IPO. NSDL IPO objective Notably, since the issue is a complete Offer for Sale, NSDL itself will not receive any proceeds from the IPO. Instead, the entire proceeds, net of offer-related expenses, will go to the selling shareholders in proportion to the shares they offload. About NSDL National Securities Depository Limited (NSDL) operates as a central depository, enabling investors to hold and transfer securities electronically through demat accounts. The company is a SEBI-registered market infrastructure institution. NSDL manages a network of depository participant service centers and provides services to investors, issuers, brokers, and other market intermediaries. The company offers a digital bookkeeping system for maintaining records of securities ownership and settlement. NSDL generates revenue primarily from custody and maintenance fees, as well as transaction charges. It also provides additional products and services through its subsidiaries, NSDL Database Management Limited and NSDL Payments Bank Limited.
