Awfis Space Solutions IPO fully subscribed on day 1, retail investors bid highest; check latest GMP, subscription status

Awfis Space Solutions IPO fully subscribed on day 1, retail investors bid highest; check latest GMP, subscription status

Awfis Space Solutions IPO: The initial public offering (IPO) of Awfis Space Solutions Limited opened for subscription on Wednesday, May 22 and was fully subscribed at 2.03 times by the end of today’s session, according to BSE stock exchange data. The mainboard IPO of the workplace solution provider will remain open for investors till Monday, … Read more

Why women must drive estate planning

Why women must drive estate planning

The active involvement of women in estate planning has always been a grey area. While traditional perceptions are changing, there is still a mind block in the way of giving women a bigger say in estate planning. Let us go back to what the Hindu Succession Act, 1956, says about the property rights of women? … Read more

General Elections 2024: BJP not winning 400 seats won’t be negative for market, says Naveen Kulkarni of Axis Sec PMS

General Elections 2024: BJP not winning 400 seats won't be negative for market, says Naveen Kulkarni of Axis Sec PMS

Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS, believes that BJP not winning 400 seats will not be negative for the market at all. A stable and predictable political regime is most important right now. Therefore, irrespective of the outcome, it won’t significantly affect the market, he explained.  Kulkarni further noted that if FIIs are … Read more

Buying a home in your 40s? Here are 4 key things to keep in mind

Buying a home in your 40s? Here are 4 key things to keep in mind

In their forties, many people wish to purchase a home. This decade of life typically results in a more established career, presumably higher income, and greater savings compared to their 20s or 30s. It would be best if you had a clearer idea of your long-term objectives and what you want in a home as … Read more

Buy or sell: BPCL to Cipla, Vaishali Parekh recommends three stocks to buy today — May 22

Buy or sell: BPCL to Cipla, Vaishali Parekh recommends three stocks to buy today — May 22

The US Federal Reserve policy minutes, expected to be out later tonight, will offer investors hints on the timing and extent of interest rate cuts this year. Sensex closed 53 points, or 0.07 per cent, lower at 73,953.31, while the Nifty 50 ended the day 27 points, or 0.12 per cent, higher at 22,529.05 on … Read more

Elections 2024: How to position your portfolio ahead of significant events

Elections 2024: How to position your portfolio ahead of significant events

Recently, social media has been inundated with inquiries from people seeking advice on how to position themselves in anticipation of significant events, such as trends emerging from the general election at 9.15am on 4 June, when India’s equity markets open for trade. Big events often create anxiety for most people regarding the decision to act … Read more

Oil prices drop over $1 after US inflation, Fed outlook hurts consumer demand; Brent at $82/bbl

Oil prices drop over $1 after US inflation, Fed outlook hurts consumer demand; Brent at $82/bbl

Brent crude futures fell by $1.21, or 1.45 per cent, to $82.50 per barrel. US West Texas Intermediate crude (WTI) futures for June, slipped by $1.26, or 1.58 per cent, to $78.54. The more active July contract lost $1.09, or 1.37 per cent, to $78.21. The structure of the Brent contract is weakening in an … Read more

Estate planning under the Hindu and Indian succession acts to ensure a smooth transfer

Estate planning under the Hindu and Indian succession acts to ensure a smooth transfer

I am a Hindu father with two daughters and a son, living in Mumbai. I own a house and some land in my hometown. I’ve heard about the changes made by the Hindu Succession (Amendment) Act, 2005, but I’m not sure how they apply to my situation. How can I plan my estate to ensure … Read more

Generative AI video: Excitement tempered with scepticism

Generative AI video: Excitement tempered with scepticism

Both claim to generate cinematic-grade video clips with just a few words of text. While this has sparked debate around AI’s impact on creative industries such as filmmaking and advertising, early reactions to their much-touted ‘magical’ abilities are lukewarm. According to three content creators and three filmmaking and advertising veterans that Mint spoke with, although … Read more

IPO rush sets up India’s equity market for another record year

IPO rush sets up India’s equity market for another record year

Ola Electric Mobility, Swiggy Pvt. Ltd, National Securities Depository Ltd (NSDL), Afcons Infrastructure Ltd, and FirstCry operator BrainBees Solutions Pvt. Ltd have already filed with the Securities and Exchange Board of India for their initial public offering of shares.  Tata Capital Ltd, JSW Cement Ltd, and Hexaware Technologies Ltd are also expected to join the … Read more