December 2, 2022
  • December 2, 2022

Mint Morning Digest: 5G spectrum auction, ITR filing deadline, Axis Bank, etc.

By on July 26, 2022 0

5G Spectrum Auction Begins Today: DoT Plans to Generate 1,00,000 crores

Four companies, including Reliance Jio and Bharti Airtel, are expected to bid for the 72 GHz of radio waves that are up for grabs in the 5G spectrum auction, which begins on July 26. On Tuesday, bidding will begin at 10 a.m. and continue. until 6 p.m. According to Department of Telecommunications (DoT) sources, the duration of the auction will depend on the actual demand for radio waves and the tactics used by different bidders. Read more

Sterlite Power expects favorable stock markets to 1,250 cr IPO

Vedanta Group unit Sterlite Power Transmission Ltd is waiting for market conditions to become favorable before launching a planned initial public offering (IPO) worth 1,250 crore. Read more

What are the key factors to consider before investing in NFOs?

New fund offerings, or NFOs, are the taste of the season. This could be why Asset Management Companies (AMCs) recently launched 16 NFOs. Read more

World’s fastest growing economy plans to diversify away from oil

Guyana, the world’s fastest growing economy, plans to use its new oil and gas wealth to finance investments in other sectors that will reduce its dependence on hydrocarbons, President Mohamed Irfan Ali said during a meeting. a trip to the United States. Read more

ITR filing: over 3 million tax returns filed so far; government refuses to extend July 31 deadline

The deadline to file the income tax return (ITR) for the 2021-22 fiscal year is fast approaching, there are only 6 days left. The Income Tax Department continues to urge taxpayers to file their returns on time to avoid inconvenience. So, anyone still waiting for the deadline to be extended should file their ITRs this year, because this year the government is in no mood to extend the deadline beyond July 31. Learn more

Axis Bank spots mispricing of liquidity in business loans

Intense competition among banks to grab a slice of the corporate lending pie has led to some mispricing of liquidity, said Rajiv Anand, deputy chief executive of Axis Bank. Read more

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