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IIFL FINANCE TAX DEMAND
IFL Finance shares drop 8% as IIFL Home Finance gets Rs 963 crore tax demandIIFL Finance shares fell sharply on Tuesday after subsidiary IIFL Home Finance received a Rs 963.39 crore income tax demand covering April ...
NBFCs: How you own them matters more than which you own; 19 NBFC stocks with upside potential ranging from 1% to 31%Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getti...
Muthoot Finance, Manappuram Finance shares rally up to 11% in 4 days as gold crosses Rs 1.63 lakhGold loan stocks Muthoot Finance, Manappuram Finance and IIFL Finance gained sharply as gold prices climbed on a weaker dollar and liquidit...
IIFCL raises $200 million via 2 ECB transactionsIIFCL plans to raise around $1 billion through long-term ECBs, with tenors of up to 15 years, under the MIGA Guarantee Facility, in multipl...
West Bengal plans incentives to spur industrial investmentsThe government is exploring off-balance sheet incentives like soft loans to keep the weightage on budget-dependent industrial promotion low...
Ahead of Market: 10 things that will decide stock market action on MondayIndian equities ended marginally higher on Friday as gains in financials, metals and small-caps offset pressure from IT stocks and persiste...
Six EU countries urge windfall tax on energy firmsSix EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising cost...
NBFC growth outlook remains resilient; margin pressures, asset quality key monitorables: ReportNon-banking financial companies anticipate steady growth in the near future. Credit demand remains healthy, and asset quality is expected t...
Tata, Godrej and now Birla: Big groups aren't just chasing glitterIndia’s gold loan market is emerging as a growth opportunity for financial institutions, with outstanding loans against gold jewellery reac...
India to give Canada's Fairfax two years to consolidate holdings for IDBI Bank deal: SourcesFairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a m...
Muthoot, Manappuram Finance shares jump up to 7% in 2 days as gold crosses Rs 1.6 lakh/10 gmGold loan stocks Muthoot Finance, Manappuram Finance and IIFL Finance gained up to 7% in two sessions as gold prices crossed Rs 1.6 lakh pe...
South Korea plans chip windfall fund to back youth, AI investmentThe proposed "Future Response Fund" would finance programmes aimed at helping young people find jobs, buy homes and start families, while...
Karnataka Chief Minister DK Shivakumar favours 543 LS seats, women's quota within old capKarnataka's Chief Minister DK Shivakumar urged the Southern Zonal Council to retain the 1971 census for delimitation. He also requested mai...
Delimitation: Shivakumar favours Lok Sabha strength at 543 seats, women’s quota within this capKarnataka Chief Minister DK Shivakumar urged the Southern Zonal Council to retain the 1971 Census for delimitation. He also requested keepi...
Potential kingmaker in New Zealand's next government wants universal income, tax overhaulNew Zealand's Opportunity Party proposes a universal basic income for residents. This policy would be funded by a new annual land tax. The ...
Muthoot Finance, Manappuram, other gold financier stocks jump up to 4% as gold prices rise above Rs 1.58 lakh/10 gramsShares of gold loan companies Muthoot Finance, Manappuram Finance and IIFL Finance rose as much as 4% as gold prices surged following the U...
AI in finance: From crunching numbers to making decisions, how far can it go?Artificial intelligence is increasingly assisting in financial tasks and decision-making. Organisations report improved decision quality an...
Global Market: Foreign inflows into major Asian bond markets fall to four-month low in JulyForeign investment in major Asian bond markets fell to a four-month low in July as investors turned more selective amid geopolitical risks ...
Axis Bank expands corporate play beyond loans, shuns price warAxis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corpor...
Physicswallah among top 5 smallcap stocks facing highest mutual fund selling in JulyMutual funds reduced their exposure to several small-cap stocks in July, with Amara Raja Enterprises witnessing the highest net selling. We...