Kisan Vikas Patra (KVP) Post Office Small Savings Scheme Interest: As the government leaves the interest rates applicable to the small savings schemes available at post offices, the Post Office Kisan Vikas Patra (KVP) certificate investment plan pays interest at the rate of 7.5 per cent compounded annually for the quarter ending June 30, 2024.
Open FlipAuto components maker ZF Rane Automotive India Pvt Ltd, on Friday, announced the acquisition of steering wheels manufacturer TRW Sun Steering Wheels Pvt Ltd for an undisclosed sum. Gurugram-headquartered TRW Sun Steering Wheels (TSSW) is a JV between the Sun Group and ZF Group globally. It manufactures various types of steering wheels for the Indian market and supplies to a diverse set.
Open FlipNational Stock Exchange (NSE) announced revision of market lot of derivative contracts of 54 individual stocks. Out of 182 stocks that have derivative contracts, NSE has changed lot size of 54 stocks. According to the circular released on March 28, NSE said “In pursuance of SEBI guidelines for periodic revision of lot sizes for derivatives contracts specified in the SEBI circular.
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