FinSiddhi – Page 558

Laser Power & Infra IPO Day 3: GMP hints at 17% listing gains; Check subscription status, key details

FinSiddhiJuly 13, 2026

By the end of the second day of bidding, the IPO had been fully subscribed, receiving bids for 100% of the 2.55 crore shares on offer. The retail investor segment was subscribed 80%, with bids received for 1.27 crore shares reserved for that category.

Business News

Kusumgar IPO allotment likely today; GMP at 38%. Here’s how to check your status

FinSiddhiJuly 13, 2026

Kusumgar’s Rs 650 crore IPO share allotment will be finalized today. The company’s shares are scheduled to debut on exchanges on July 15, 2026. The IPO witnessed overwhelming investor interest, subscribed 128.85 times overall. Existing shareholders will receive proceeds from this complete Offer for Sale. Strong grey market premium signals positive investor sentiment for listing…

Business News

ETMarkets Smart Talk | Selling property in India? Here’s how NRIs can avoid excess TDS: Trilegal’s Himanshu Sinha

FinSiddhiJuly 13, 2026

NRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can prevent over-withholding on sale consideration. Understanding capital gains tax and available exemptions is crucial for maximizing returns. Recent changes have altered capital gains taxation for equities and debt funds. Proper documentation and timely filing…

Business News

Korea’s Kospi crashes 6%, nosediving 25% from June peak. What’s rattling investors today?

FinSiddhiJuly 13, 2026

South Korea’s benchmark Kospi index plunged 6% on Monday as rising tensions in the Gulf and soaring oil prices rattled global markets. The selloff, led by sharp declines in AI-heavyweights SK Hynix and Samsung Electronics, pushed the index deeper into bear market territory, although it remains the world’s best-performing major stock market in 2026.

Business News