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  • SEBI’s Quarterly Fund Settlement – Upstox

    As per SEBI’s circular on Quarterly Fund Settlement, please keep the following in mind –

    Any funds in your Upstox account that haven’t been utilised will be returned to your registered bank account by Saturday, 6 July 2024.

    What you should do:

    • – Please check your bank statement to verify and view the returned funds
    • – To ensure you can trade on Monday, 8 July 2024, please add funds to your Upstox account in advance, as your account balance may be zero on that day. Know more: How can I transfer funds?
    • – If you’re using NEFT/RTGS, please add Upstox as a beneficiary at least 24 hours in advance, ideally by Friday, 5 July. Below are the beneficiary details:


    For Equity, F&O, or Currency trading:

    • – Bank Name: HDFC Bank
    • – Account Name: Upstox Securities Pvt Ltd – USCNB A/C
    • – Account Number: 57500001411011
    • – Account Type: Current Account
    • – IFSC Code: HDFC0000060

    For Commodity trading:

    • – Bank: HDFC Bank
    • – Account Name: RKSV Commodities India Pvt.Ltd.
    • – Account Number: 15770340022236
    • – Account Type: Current Account
    • – IFSC Code: HDFC0000060

    Due to the high volume of transactions on this day, there might be a delay in receiving your funds. Rest assured, you should receive your funds within two working days and this process won’t affect your current orders, holdings, or positions.

    We hope this helps you plan your trades better!

  • Intermittent F&O orders issue – Upstox

    Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (022) 24229920. Email ID: compliance@upstox.com | Registered Address: 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001 | RKSV Commodities India Pvt. Ltd.: SEBI Registration No.: INZ000015837 | MCX TM Code: 46510 | CIN: U74900DL2009PTC189166 | Compliance Officer: Mr. Amit Lalan. Tel No.: (022) 24229920. Email ID: compliance@rksv.in | Registered Address: 807, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001. Correspondence Address: 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (West), Mumbai – 400013. | For any complaints, email at complaints@upstox.com and complaints.mcx@upstox.com.

    Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES include: Name, PAN, Address, Mobile Number, and E-mail ID. Benefits include effective communication and speedy redressal of grievances. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI, along with our Terms of Use and Privacy Policy.

    Upstox Securities Private Limited is a wholly owned subsidiary of RKSV Securities India Private Limited and RKSV Commodities India Private Limited is an associate of RKSV Securities India Private Limited.

    Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing.

    *Brokerage will not exceed the SEBI prescribed limit.

    Risk disclosures on derivatives –

    • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
    • On an average, loss makers registered net trading loss close to ₹ 50,000
    • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
    • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

    Mutual Funds: Top rated funds do not constitute any advice. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.
    These are not Exchange traded products, and the Member is just acting as distributor. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.

    Attention Investors: As per NSE circular dated July 6, 2022, BSE circular dated July 6, 2022, MCX circular dated July 11, 2022 investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. Investors are further cautioned to avoid practices like:
    a) Sharing i) trading credentials – login id & passwords including OTP’s., ii) trading strategies, iii) position details.
    b) Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.
    c) Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks
    d) Dealing in unsolicited tips through like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.
    e) Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.

    Kindly, read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets : Advisory Guidelines For Investors

    Kindly, read the advisory as prescribed by the Exchange with reference to their circular dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: KYC Updation


    Read More

  • Crude Option Contract Expiration – Upstox

    Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (022) 24229920. Email ID: compliance@upstox.com | Registered Address: 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001 | RKSV Commodities India Pvt. Ltd.: SEBI Registration No.: INZ000015837 | MCX TM Code: 46510 | CIN: U74900DL2009PTC189166 | Compliance Officer: Mr. Amit Lalan. Tel No.: (022) 24229920. Email ID: compliance@rksv.in | Registered Address: 807, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001. Correspondence Address: 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (West), Mumbai – 400013. | For any complaints, email at complaints@upstox.com and complaints.mcx@upstox.com.

    Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES include: Name, PAN, Address, Mobile Number, and E-mail ID. Benefits include effective communication and speedy redressal of grievances. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI, along with our Terms of Use and Privacy Policy.

    Upstox Securities Private Limited is a wholly owned subsidiary of RKSV Securities India Private Limited and RKSV Commodities India Private Limited is an associate of RKSV Securities India Private Limited.

    Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing.

    *Brokerage will not exceed the SEBI prescribed limit.

    Risk disclosures on derivatives –

    • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
    • On an average, loss makers registered net trading loss close to ₹ 50,000
    • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
    • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

    Mutual Funds: Top rated funds do not constitute any advice. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.
    These are not Exchange traded products, and the Member is just acting as distributor. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.

    Attention Investors: As per NSE circular dated July 6, 2022, BSE circular dated July 6, 2022, MCX circular dated July 11, 2022 investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. Investors are further cautioned to avoid practices like:
    a) Sharing i) trading credentials – login id & passwords including OTP’s., ii) trading strategies, iii) position details.
    b) Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.
    c) Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks
    d) Dealing in unsolicited tips through like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.
    e) Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.

    Kindly, read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets : Advisory Guidelines For Investors

    Kindly, read the advisory as prescribed by the Exchange with reference to their circular dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: KYC Updation


    Read More

  • Union Budget 2024: Cancer drugs — Trastuzumab deruxtecan, Osimertinib and Durvalumab — to get exemption from customs duty

    MEDICINE

    Cancer drugs exempted

    In a big relief to cancer patients, Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2024, exempted customs duty on three cancer drugs.

    The three drugs are Trastuzumab deruxtecan, Osimertinib and Durvalumab. The reduction in customs duty may help reduce the financial burden on those battling the deadly disease.

    In her seventh budget speech, the Union Minister also called for exemptions in custom duties on X-ray tubes and flat panel detectors.

    “I also propose changes in the BCD (Basic Customs Duty), X-ray tubes, and flat panel detectors for use in medical X-ray machines under the phased manufacturing programme to synchronise them with domestic capacity addition,” said FM Sitharaman.

    Centre convenes all-party meet today ahead of Budget Session

    pollo Hospitals’ Health of Nation ReportIANS

    According to the recent 4th edition of Apollo Hospitals’ Health of Nation Report, cancer cases are skyrocketing across the country.

    The report dubbed India the “cancer capital of the world”.

    In 2019, India registered about 12 lakh new cancer cases and 9.3 lakh deaths in 2019, becoming the second highest contributor to the disease burden in Asia, as per a Lancet study.

    The number increased to 13.9 lakh in 2020, which then rose to 14.2 lakh and 14.6 lakh in 2021 and 2022, respectively.

    (With inputs from IANS)

     

  • Veterans Move – a Veteran-Owned Business

    Veterans Move - a Veteran-Owned Business

    Las Vegas, NV, July 19, 2024 — Veterans Move, a premier veteran-owned and operated moving company, is proud to announce its position as Las Vegas’ #1 local movers. With a dedicated team of highly trained veterans, Veterans Move offers unparalleled moving services that prioritize professionalism, reliability, and integrity.

    Founded by veterans, for veterans and the community, Veterans Move brings the discipline and commitment of military service to every move. Whether it’s a residential relocation, commercial move, or specialized packing and unpacking services, Veterans Move ensures a seamless and stress-free experience for all clients.

    Key Highlights:

    Professionalism and Precision: Their veteran movers bring military precision and professionalism to every job, ensuring your belongings are handled with the utmost care.
    Reliability and Trust: Punctuality and reliability are our hallmarks. We show up on time and keep your move on schedule.
    Community Commitment: As a veteran-owned business, a portion of our proceeds supports veterans and their families in need, reinforcing our commitment to giving back to the community.

    “We are honored to serve the Las Vegas community with the same dedication and commitment that characterized our military service,” said Josh Carmichael/ USN Veteran, Founder and CEO of Veterans Move. “Our mission is to provide exceptional moving services while supporting our fellow veterans and making a positive impact in the community.”

    Special Offer: In celebration of our recognition as Las Vegas’ top movers, Veterans Move is offering a 10% discount on all moving services booked this month July/2024.


    Praveen

  • AIR INDIA GIFT CARDS – NRI News

    GURUGRAM: Air India, India’s leading global airline, has introduced Air India Gift Cards, offering travelers a convenient and flexible way to gift the joy of travel to their loved ones.

    Air India Gift Cards are e-cards that one can purchase online from INR 1,000 to INR 200,000 to gift to their loved ones or save for future use.

    Air India Gift Cards can be used to book domestic and international flights and buy ancillary services such as extra baggage, seat selection, etc. on Air India’s website and mobile app. The Air India Gift Cards, thus, offer unmatched flexibility, allowing recipients to choose their preferred destination, travel dates, cabin class of travel, and even add on extras, to design their trips the way they desire, making these the perfect present for any occasion.

    Air India Gift Cards are available on giftcards.airindia.com in four themes – Travel, Wedding Anniversary, Birthday, and Special Moments – and can be easily personalized.Other key features of Air India Gift Cards:

    Convenient delivery: Air India Gift Cards can be purchased for immediate use or be scheduled for delivery within 60 days of purchase.

    Transferability: They are transferable, so recipients of the Air India Gift Cards can even use them to book flights for someone else.

    Combination of Air India Gift Cards: Travellers can club up to three cards to use in one transaction. They can also be combined with a credit card as a form of payment to cover any remainder amount to pay.

    Multiple uses: Air India Gift Cards can be used for a single trip or spread across multiple bookings.

  • Airbnb Introduces Icons – Bollywood Star Janhvi Kapoor Opens the Door to her Legendary, Never-before-seen Family Home in Chennai

    Mumbai, Maharashtra, India Airbnb has introduced Icons, a new category of extraordinary experiences hosted by the world’s greatest names in music, film, television, art, sports, and more. Icons take you inside worlds that only existed in your imagination—until now. Sleep in the Ferrari Museum. Stay in Prince’s Purple Rain house. Spend a day at Bollywood Icon Janhvi Kapoor’s coastal abode. The first 11 Icons on Airbnb have been unveiled, with new experiences dropping around the world throughout the year

    Janhvi Kapoor’s Chennai Home on Airbnb

    “Icons bring to life experiences that are magical and truly beyond imagination,” said Amanpreet Bajaj, General Manager, Airbnb India, Southeast Asia, Hong Kong and Taiwan. “As part of the Icons launch, we are thrilled to partner with Janhvi Kapoor for this special campaign, which will offer an unprecedented glimpse into Janhvi’s coastal beach home,” he added.

    As part of the launch, Bollywood superstar Janhvi Kapoor is opening the doors to her family’s estate in Chennai for an experience unlike any other. Known for her charming performances on screen, Janhvi will welcome two sets of two guests each at her coastal abode as a part of this special promotional campaign.

    : Janhvi Kapoor’s Beachside Paradise

    Nestled on four acres of serene beachfront, Janhvi Kapoor’s coastal home is a sanctuary of tranquility and warmth. The home has been the stage for many childhood summers spent with her dear family and will now be available to select Airbnb guests for the first time ever. Guests will have the privilege of immersing themselves in the rich tapestry of the Kapoor family legacy and be able to unwind like their favorite Bollywood star during their stay.

    Janhvi will personally greet the guests and escort them on an exclusive tour of her home. From the hand-crafted marble lotus sculpture gracing the entrance of the home and ushering in positive energy and good luck, to the expansive interior spaces styled in bamboo, rattan, and marble, the entire home is designed for ultimate relaxation. Within the heart of the home lies the minimalist living room, the dining area rich with cherished family memories, Janhvi’s dressing room where she develops her natural skincare treatments and the airy master bedroom. Towards the back of the house lies a vast garden dotted with palm trees and fountains, with an expansive swimming pool and shaded gazebo offering an idyllic spot to relax and enjoy an alfresco sunset.

    “My most cherished memories are of summers spent with my family at our Chennai home. This place has always felt like a sanctuary, and I want to share this special feeling with my fans, which is why, for the first time ever, I’m opening the doors to our home on Airbnb. I’m excited to share our family’s rituals with Airbnb guests who will get a chance to unwind like the Kapoors – chilling by the pool, enjoying some of our favorite meals, practicing yoga, trying my mother’s natural skin care recipes, and most importantly, making special memories. I am thrilled to be a part of Airbnb’s Icons category and look forward to welcoming Airbnb guests’ home,” shared Janhvi Kapoor.


    Mansi Praharaj

  • NABARD Celebrates Their 43rd Foundation Day With A Strong Focus On Advancing Rural Finance Digitalization And Promoting Climate Resilience


    Left to right G.S. Rawat_ Shaji K.V._ Satish B. Rao_ A.K. Sood

    MUMBAI: NABARD commemorated its 43rd Foundation Day with a grand celebration at its Headquarters in Mumbai. The occasion was honored by eminent guests, stakeholders, and well-wishers who have played a critical role in NABARD’s developmental journey.

    The highlight of the celebration was a Panel Discussion on “Climate Risk Management and Banking.” The panel featured esteemed experts including Dr. Trupti Mishra, Professor at IIT Bombay, Shri Santosh Kumar Singh, MD of Intellecap, and Dr. Sat Singh Tomer, CEO of Satyukt (Start-up). The discussion was adeptly moderated by Shri Vivek Adhia from BCG. In addition, several significant publications were released, and a short film was launched to mark the occasion.

    Laying out a brief timeline of the organization, NABARD Chairman Shri Shaji K. V. discussed NABARD’s journey over the past 4 decades. He said, “Over the past four decades, NABARD has been a cornerstone of rural development in India. From pioneering the SHG-Bank Linkage Program to supporting JLGs and FPOs, our initiatives have empowered millions of rural households and farmers. Our interventions have fostered financial inclusion, enhanced productivity, and driven sustainable development. Embracing digital transformation, we are helping GOI in computerizing 65,000 PACS and integrated Core Banking Solutions in numerous rural cooperative banks. As we continue to innovate and adapt, our mission remains the same: to uplift the rural economy, ensuring prosperity and resilience for all rural communities.”

    Mr G.S. Rawat, DMD of NABARD, emphasized on the need to address the issues related to the agri and rural sectors of the country. “Despite the geographical and infrastructural limitations, our country is among the top 5 producers of agri-commodity in the world. There is still a credit gap in the northeastern regions of the country that needs to be addressed. NABARD is dedicated to working towards finding solutions to the challenges and bridging the gap by leveraging technology. We need innovations to ensure the credit flow to small farmers from remote areas of the country. Innovation will be a catalyst in enhancing the efficiency of the existing agri value chain”

    Highlighting NABARD’s key role in the development and prosperity of rural India, Dr. A.K. Sood, DMD of NABARD, said, “Nothing delivers results like success, and we have consistently increased our credit flow to agriculture, delivering impactful results and touching the lives of millions of farmers over two-and-a-half decades. We are also embracing technology to explore new frontiers in financial inclusion, leveraging fintech for underserved rural India. Our challenges now are new—climate change, water scarcity, and an unceasing spiral of indebtedness among farmers. But shoulder-to-shoulder with all stakeholders, we will continue to strive to build a more inclusive and resilient rural India.“

    Concluding the event, Shri Shaji K.V. reiterated the pivotal NABARD has to play in realizing the dream of ‘Vikasit Bharat’ by 2047. “We are also looking forward to strengthening the other sectors like fisheries and we believe that our initiatives will help in the growth of rural GDP to support the growth of our country. NABARD has an important role to play in strengthening the foundation of the vision of ‘Vikasit Bharat’ by 2047”.

    The 43rd Foundation Day celebration of NABARD was a resounding success, reflecting its enduring legacy and future aspirations.

  • Originscale Introduces Comprehensive Automation Solutions to Transform the CPG Industry

    Bhaskar Ahuja

    Originscale unveils a digital platform designed to automate and streamline operations, boosting efficiency and sustainability in the CPG industry.

    Originscale, a direct-to-anywhere digital technology platform, is set to transform business operations by automating key processes. Inspired by Tesla’s advancements in the automotive industry, Originscale aims to bring similar revolutionary changes to the business world, particularly within the Consumer Packaged Goods (CPG) market segment.

    The platform, founded by Bhaskar Ahuja, focuses on addressing critical challenges faced by CPG businesses. These challenges include disconnected manufacturing and sales, reliance on unsustainable supply chains, and a lack of transparency and traceability. Such issues hinder efficient operations, limit control and scalability, and damage consumer trust and brand reputation.

    Originscale’s comprehensive suite of solutions aims to integrate and automate business operations. The platform includes grower management software to manage farms and boost production, manufacturing planning software to automate manual labor and manage a digital workforce, distribution management software to control inventory and warehouse management, and a POS system to streamline retail management and operations. These tools work together to enhance operational efficiency, transparency, and sustainability.

    By automating business operations, Originscale helps businesses maintain their competitive edge in the market. The automation capabilities improve efficiency and transparency, allowing businesses to operate more sustainably and meet the demands of today’s dynamic market.

    The platform’s grower management software offers effective farm management, enhancing production capabilities and ensuring sustainable practices. Manufacturing planning software automates labor-intensive tasks, freeing up resources and allowing businesses to focus on growth and innovation. Distribution management software provides complete control over inventory and warehouse operations, ensuring efficient supply chain management. The POS system simplifies retail management, making it easier for businesses to manage sales and customer interactions.

    Originscale addresses the need for integrated solutions in the CPG market. By providing a platform that combines grower management, manufacturing planning, distribution management, and retail operations, Originscale offers a holistic approach to business automation. This integration enhances transparency across the supply chain, builds consumer trust, and strengthens brand reputation.

    Bhaskar Ahuja, the visionary behind Originscale, emphasizes the importance of automation in modern business operations. The platform’s mission is to revolutionize business operations by automating processes, much like Tesla has done with driving. By focusing on the specific needs of CPG businesses, Originscale aims to create a more efficient, transparent, and sustainable business environment.

    Originscale is pioneering the automation of business operations, providing the tools and technology needed to address the challenges faced by modern businesses. For more information, visit

  • Makoons Play School Honored as Preschool Franchisor of the Year 2024 by Elets World Education Summit

    Makoons Play School Honored as Preschool Franchisor of the Year 2024 by Elets World Education SummitDelhi, July 13, 2024: Makoons Play School is overjoyed to announce that it has been named the 2024 Preschool Franchisor of the Year by the prestigious Elets World Education Summit. This esteemed award was given out at a lavish ceremony honoring innovation and distinction in the field of education that took place at the Taj Hotel, located in Delhi.

    Globally renowned, the Elets World Education Summit brings together leaders in education, decision-makers, and specialists to celebrate and debate exceptional contributions to the area of education. The theme of this year’s summit was “Innovating Education for the Future,” and Makoons Preschool was particularly noteworthy for its extraordinary commitment to offering early childhood education of the highest caliber.

    This award is a testament to Makoons Preschool’s creative approach to early childhood education. The school places a strong emphasis on creating a learning atmosphere that is child-centric and encourages curiosity, creativity, and overall growth. Makoons guarantees individualized attention and a solid basis for learning by incorporating the most recent educational tools and approaches.

    In all of its locations across India, Makoons Preschool is dedicated to upholding the highest standards of excellence and quality. Local business owners can provide their communities with top-notch preschool education while upholding Makoons’ strict standards by using the franchise model. Makoons has become a reputable name in preschool education as a consequence of its dedication, which has continuously produced great results for early learners.

    Makoons’ committed staff and educators, who have a dedication to developing young minds, are the driving force behind the organization’s success. The organization makes significant investments in its teachers’ ongoing professional development to make sure they have the newest abilities. Furthermore, Makoons actively include families in the educational process because it understands that a child’s success depends on a good collaboration between the home and the school.

    Makoons Preschool’s founders gave a speech during the award ceremony, expressing their gratitude and pleasure. Founder and CEO of Makoons Group of Schools, Mr. Vijay Kumar Agarwal, stated, “Our team’s hard work and dedication have paid off, as evidenced by being honored by the Elets World Education Summit.” Our objective to provide every child with an exemplary early childhood education is one that we are profoundly honored to be pursuing.

    Makoons Preschool has big ambitions for the future, including reaching out to new communities in India and abroad with its distinctive educational philosophies. The institution wants to make sure that each kid has access to a caring as well as stimulating learning environment by continuing to innovate and set new standards in the field of early childhood education.