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Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...- TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-re...
- IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
- India in “peak pessimism” phase, but cyclical recovery may lift earnings: Arbind MaheswariIndian markets are navigating slow earnings growth and valuation worries. However, experts see early signs of a cyclical recovery. Despite ...
- TrusTerra raises Rs 9 crore pre-seed led by Finvolve and India AcceleratorTrusTerra, an AI-backed used EV marketplace, has raised Rs 9 crore in a Pre-Seed funding round. The capital will be used to scale its AI-dr...
- Exclusive: Valuation rules to be scanned for Angel Tax on foreign InvestmentsA senior official said the government is examining the different valuation criteria prescribed under two separate laws which could lead to ...
- Cadila Pharma appoints Ashraf Allam global COOAllam, who served as the CEO at the Public Investment Fund prior to joining Cadila Pharmaceuticals, will report to Group Chairman and Manag...
- ET Startup Awards 2022: Nominees for Best on CampusThe award will showcase a startup whose impact can be judged both by the idea and the execution. The founders should have been students who...
- Chai Waale bags Rs 5 crore from angel investorsChai Waale is planning to set up shops in places such as metro stations and malls and is looking to add other items such as soups, momos, a...
- Chai Waale secures Rs 1.75 crore as fundingThe Chennai-based company founded in 2018 by Vidur Maheswari is looking to tap the unexplored organised tea market.
- Budget: Govt abolishes DDT, pegs revenue loss at Rs 25,000 croreThe minister said revenue foregone due to DDT removal will be Rs 25,000 crore.
- Taxman will need approval for unrecognised startups’ scrutinyThe move follows finance minister Nirmala Sitharaman’s assurance in her budget speech that the CBDT will take steps to address issues faced...
- 5 things mutual fund investors should remember in the current scenarioMany mutual fund investors are concerned about the escalating tension between India and Pakistan, say mutual fund advisors.
- Porinju’s PMS bled again in Jan as did Maheshwari’s, but some gained up to 8%PMS run by some of the well-known names slipped up to 10 per cent in January.
- CBDT won’t act tough with startups to recover outstanding demandAssessing officers have often disregarded the valuation reports submitted by the startups on grounds that the valuations are ‘abnormal’.
- Foreign portfolio tap dries, almostThe June figure was almost 40 per cent lower than the month before.
- This Kolkata Marwari hit D-Street with borrowed money & made his millionHe made his money by spotting several multibaggers, including Page Industries, Titan.
- SME IPOs catch investors' eye, raise Rs 811 crore in FY17Funds raised through the issue were used for business expansion plans, working capital requirements and other general corporate purposes.
- SME IPOs catch investors' eye, raise Rs 811 cr in FY17The huge fund-raising can be attributed to reforms and initiatives taken by the government to encourage the SME sector.
- After Mauritius, now government wants to amend Dutch tax treaty; asks Netherlands to resume talksThe Dutch tax treaty, which allows exemption from capital gains and a lower rate of tax on dividends, has led to the proliferation of holdi...
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