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BSE to waive transaction charges on equity segment trade in Sensex 30 stocks
Mumbai, Feb 26 (IANS) Stock exchange major BSE on Monday said it will waive transaction charges applicable on equity segment trade in S&P BSE Sensex 30 stocks with effect from March 12 next.
“S&P BSE Sensex is the barometer of Indian economy. This move is aimed at facilitating and encouraging participation by retail investors in financially sound companies,” the stock exchange major said in a statement.
“BSE, also known as India’s investment exchange, firmly believes that this move will help India in the growth story as BSE will now be the most preferred exchange for transacting in S&P BSE Sensex 30 stocks, which are considered to be growth engine for India.”
Currently, the transaction charges to trade in Sensex 30 stocks apply on volume-wise slab basis.
The 30-scrip stocks which constitute the Sensex are Maruti Suzuki, Tata Motors, IndusInd Bank, Larsen and Toubro, Axis Bank, Mahindra and Mahindra, Adani Ports and Kotak Mahindra Bank, among others.
Other stocks which constitute the barometer index include those of ICICI Bank, HDFC Bank, PowerGrid, Hero MotoCorp, Coal India, Dr Reddy’s Labs, HDFC, Hindustan Unilever, Bajaj Auto, Yes Bank, Asian Paint, Reliance Industries, ONGC, Tata Steel, NTPC, State Bank of India, Wipro, Bharti Airtel, ITC, Infosys, Tata Consultancy Services and Sun Pharma.
The S&P BSE Sensex index has been designed to measure “the performance of the 30 largest, most liquid and financially sound companies” across key sectors of the Indian economy.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.