dailyO
Akshata Kamath

Akshata Kamath

Content Writerakshata.kamath@aajtak.com

Akshata Kamath is a Digital Storyteller at DailyO. She loves to simplify finance, business, healing and history.

By Akshata Kamath

Johnson & Johnson to stop selling its talc-based baby powder. Here's why

Global pharma company Johnson & Johnson is going to stop selling its global legacy product: the talc-based baby powder. In 2020, Johnson & Johnson (J&J) had stopped selling baby powder in the US after thousands of consumer safety lawsuits were filed against the company.

...Full Story

6 serious reasons for which your manager can fire you

Though getting fired from your workplace sucks, you are kind of asking for it if you show up drunk at your office, fail a drug test or disappear during work hours.

...Full Story

With crude oil prices falling, 3 paint stocks you should keep an eye on

When global crude oil prices breached record highs in March and June , sectors like paint, tire, and aviation were the worst affected. But now that the crude oil prices are coming down, keep an eye on Asian Paints, Berger Paints, and Kansai Nerolac.

...Full Story

What are multibagger stocks? How to identify them?

An equity stock that gives a return of 100% or more in a relatively short period of time is called a multibagger stock. These are not a specific category of readymade stocks but are stocks that are undervalued, which can grow exponentially and are only spotted in the hindsight.

...Full Story

Italy made the first pizza, then kicked American Domino's out

Domino's seems to have run out of its pizza business in Italy, the birthplace of pizza. This is because of increased local competition from traditional Neopolitan pizza places , increasing mom-and-pop stores, and high debts

...Full Story

What are meme stocks? Why are they trending on the US stock market?

Meme stocks are US-based stocks whose share prices rise instantly because everyone on the internet is talking about them and hyping them up, unlike normal stocks. This includes stocks like Bed Bath and Beyond, AMC Corporation, and GameStop Corp, whose share prices have risen by over 20% in the last 5 days.

...Full Story

Want to invest in recession-proof stocks? 3 best sectors

Sectors that witness inelastic demand for products do well even during a recession. This includes sectors like Healthcare, FMCG, and Agrochemicals, where even if products become pricey, there will always be demand.

...Full Story

These 6 stocks gave more than 20% returns in just a week in August 2022

Had you invested in these 6 stocks on August 1, 2022, you would have made at least 20% returns on your investment by August 8, 2022.

...Full Story

Tata Motors will now make EVs at Ford's Sanand plant in Gujarat. Full story

Tata Motors Ltd has acquired Ford India’s manufacturing plant at Sanand in Gujarat for ₹725.7 crore. The deal includes the transfer of the land and buildings, the vehicle manufacturing plant and the employees who worked at Ford's unit.

...Full Story

SEBI orders forensic audit of Future Retail's financials. Here's the entire story

SEBI has ordered a forensic audit of the accounts of debt-ridden Future Retail Ltd (FRL) for the financial years 2019-20, 2020-21 and 2021-22. The stock market regulator has appointed M/s Chokshi and Chokshi LLP as Future Retail's forensic auditor.

...Full Story

The IT department loves it when you win a lottery or when you win on KBC. Here's why

Every time you win a lottery, you have to pay a flat tax of at least 31.2%. That's easy money for the IT department, don't you think?

...Full Story

What is a rights issue of a share? Who is it given to?

A company gives its existing shareholders 'a right' to buy new additional shares at a discounted price. The existing shareholders get a time period to decide if they want to exercise the right or not since this is an option and not mandatory.

...Full Story

2 Indian companies to split stocks in August 2022. So buy one, and get some free

If you want 1 share today and get some more shares for free in a few days, consider buying shares of High Energy Batteries Ltd and Variman Global who are splitting their stocks in August 2022. Meanwhile, Rural Electrification Corporation is offering a bonus issue.

...Full Story

What are money wounds? Where do they come from?

Money wounds are the stories, core beliefs, thought patterns and subsequent actions that keep you away from your monetary desires. These wounds can trickle down your generational line, or can come from feeling unworthy, having a poverty mindset, or even shaming the rich.

...Full Story

What is the windfall tax on crude oil? Why has Indian government increased it?

The Indian government has increased the windfall tax on crude oil and reduced it on the export of Diesel and Aviation Turbine Fuel (ATF) from August 2, 2022. The tax on crude oil has increased from Rs 17,000 to Rs 17,750 per tonne.

...Full Story

6 red flags that show you are in a financially abusive relationship

When couples use money as a tool to control their partner's behaviour or keep over-monitoring or criticising their financial needs, it's a heads-up that the relationship is heading towards becoming a financially toxic one.

...Full Story

What are large-cap, mid-cap and small-cap stocks?

If you arrange all listed companies based on their market capitalisation in descending order, the first largest 100 companies are called large-cap stocks, the next 150 largest companies are mid cap and the next 250 are called small-cap stocks.

...Full Story

Pet care businesses set to grow in India. But are we really ready?

Humans have pets to cope with loneliness and cure their anxieties, thus leading to a whirlwind growth in the pet care ecosystem. But growth in this sector isn't necessarily good in a country where a lack of government laws and regulations can often traumatise animals.

...Full Story

What is Nifty 50? How does it affect the stock market?

When someone asks: How is the Indian stock market doing? People typically get a response like 'Nifty went up by ...' or 'Nifty fell by...'. It actually means that the Nifty 50 index is up or down, which indicates how the top 50 stocks of the country are doing at the moment.

...Full Story

What are FIIs and DIIs? How do they affect the stock market?

FIIs are like your favorite foreign relative who always gets you gifts from abroad in exchange for two nights in your room when they stay in India. DIIs are like your Indian relatives who get you gifts that are made in India.

...Full Story

What is short selling in stock market? Why isn't it illegal?

Have you sold something before you owned it in real life? Well, this is legally allowed in the stock market, but with a catch: you have to buy it back on the same day, irrespective of the price.

...Full Story

7 Indian companies will be paying more than 1000% in dividends in August 2022. Here's the list

More than 100 listed Indian companies will be treating their shareholders with handsome dividends in the month of August and about 7 of these companies will be going over and beyond by paying more than 1000% in dividends to their investors. Here's the list that includes the likes of Eicher Motors, Sanofi India, Abbott India, Maruti Suzuki and more.

...Full Story

What are bonus shares? Why has GAIL issued them?

GAIL India Limited recently declared a reward for their loyal equity investors : a bonus issue in the ratio of 1:2. This means that investors will get 1 bonus share for every 2 shares held by them as of August 2, 2022.

...Full Story

Should you rent or buy new furniture for your home?

Furniture rental is a good option if you are going to be staying in a place for a very short time, or if you are on a tight budget and do not want to spend a bomb. But if you want your furniture to be with you for long, then just go buy it.

...Full Story

August 2022 stocks: 5 short-term and 5 long-term stocks you can invest in

Are you planning on investing money in the stock market in August 2022? From Taj Hotels to IndusInd Bank, here are 5 short-term and 5 long-term stocks experts are recommending.

...Full Story

What is intraday trading in the stock market?

Intraday trading refers to trading in shares on the same day before the market closes and making a profit out of the day's fluctuating prices. 

...Full Story

What are bulk deals on NSE and BSE? How are they different from block deals?

A transaction is called a 'Bulk Deal' transaction when the number of shares being traded in the transactions is more than 0.5% of the total share capital. So, for eg: If Reliance Industries has about 1,000 shares and you buy or sell 5 or more shares of the company, then your transaction is a 'Bulk Deal'.

...Full Story

Someone sold Zomato shares worth Rs 15 crore via a block deal. What is it?

Block Deals on the stock market involve trading in at least 5 lakh shares or trading in shares worth Rs 5 crore. This is done between 9:15 am to 9:50 am on a separate trading windows through a broker and after informing SEBI.

...Full Story

Diamonds might be a girl's best friend, but they aren't the best investment. Here's why

Though diamonds are always positioned on a pedestal, they are not really considered investment-worthy like gold. This is because there is no set global standard to value diamonds, no price transparency, and a lack of tradability when it comes to re-selling them.

...Full Story

Tata Steel is splitting each of its shares into 10. But why?

When you open your phone on July 28, 2022 and see that the price of Tata Steel has been reduced by more than 10 times, do not be shocked. This is what is legally expected to happen when a company announces a stock split.

...Full Story

Please log in
I agree with DailyO's privacy policy