Godfrey Phillips shares jump 7% as Samir Modi seeks peace with mother Bina ModiGodfrey Phillips India shares jumped as much as 7% after Samir Modi said he would withdraw all legal cases against his mother, Chairperson ...
Government unveils offer for sale to dilute LIC stakeThe Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday...
NRI selling property, shares or gold in India? Here's how you can manage your capital gains tax in a better waySelling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax redu...
RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
KKR-backed LEAP India's IPO opens on August 7; price band set at Rs 151-159KKR-backed LEAP India will open its Rs 2,480 crore IPO for subscription on August 7, with a price band of Rs 151-159 per share. The issue c...
REIT mutual funds vs REITs: Why the fund route may be the smarter betDespite their benefits, REITs have not found widespread acceptance. Tax treatment is a major hurdle. When investing directly in REITs, inve...
Propshop Events & Exhibitions shares list at 20% discount to IPO price on NSE SME platformPropshop Events & Exhibitions debuted on the NSE SME platform at Rs 55.20. The company's initial public offering was subscribed 1.53 times ...
Macquarie's done the full investment cycle in India. It's time to invest again: Chief executive Verena LimMacquarie Asset Management has invested over four billion dollars in India during its two decades. The firm is now actively evaluating digi...
Forex kitty grows $6 billion as dollar count risesIndia's foreign exchange reserves saw a significant rise of $6.1 billion. This increase occurred in the week ending July 24, reaching $682....
TPG, Permira emerge as frontrunners in Rs 11,000 crore Cloudnine saleTPG Capital and Permira are leading contenders for a significant minority stake in Cloudnine. The deal is expected to value India's largest...
Cube Highways Trust InvIT debuts with 2% premium over issue price of Rs 152Cube Highways Trust InvIT listed at a 2% premium on Friday at Rs 155 per unit following strong investor demand for its Rs 5,000-crore publi...
$32 billion inflows from India's forex drive yet to boost rupeeIndia's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...
Nearly half of NRI property owners are looking to diversify their investment in properties in India: ReportNearly half of NRI property owners seek investment diversification in India now. Most properties entering the sale pipeline are residential...
PPFAS valuation climbs after Rajeev Thakkar sells stake to WhiteOak AIFRajeev Thakkar sold a stake in PPFAS to WhiteOak Capital's AIF. This transaction valued the unlisted asset management company at nearly ₹15...
Hold US stocks under LRS? Here’s why you may not be able to gift them to NRI childrenIndian residents cannot gift US shares purchased through the LRS route to their NRI children. The liberalised remittance scheme requires sa...
Shop-floor AI drives Zebra’s India plansBots on the Shop Floor Zebra Tech CEO Bill Burns explains to Suraksha P how frontier AI models complement, rather than replace, frontline w...
Save income tax when filing ITR for AY 2026-2027 by claiming Section 54 or 54F benefits if you sold land, house property or equity shares; Know howIndian taxpayers can claim capital gains tax exemptions by reinvesting sale proceeds. Section 54 and 54F allow exemptions for residential p...