Purchased property below market value, filed no ITR, got income tax notice, paid the tax but asked to pay Rs 70,000 penalty; ITAT Delhi gives full reliefRs 70,000 penalty imposed on man for buying property below market value even though he paid the due tax after getting a notice; ITAT Delhi ...
SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion: ReportSolidigm held pitch meetings this week with investment banks competing for roles on the IPO, in a process known as a "bake-off," one of the...
Quote of the day by Hetty Green: "I buy when things are low and no one wants them. I keep them until they go up and people are crazy to get them."Hetty Green’s investing philosophy emphasised buying when fear and pessimism drive prices lower, then patiently holding until sentiment imp...
Share of high-value micro loans rise: ReportThe share of high-value microfinance loans above ₹75,000 to individual borrowers rose to 41% in Q1 FY27, from 28% a year earlier, as lender...
A Rs 99 bet: India’s QSRs rethink the value gameIndia's quick-service restaurants are implementing a Rs 99 price point to attract more customers. KFC, McDonald's, and Burger King are focu...
Indian agriculture enters new phase as diets, incomes and climate reshape farming: ReportThe first phase, from roughly 1967 to 1995, was dominated by the need to achieve food security, says the paper.
Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investorsIn a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO,...
AI startup Island valued at $6.4 billion in latest funding roundAI startup Island successfully raised $400 million in a Series F funding round led by Evolution Equity Partners. The company is valued at $...
India’s consumer durables boom has a Rs 50,000 crore localisation opportunity: ReportIndia's consumer durables market is expected to grow by 8-10% annually, reaching INR 3-3.25 lakh crore by 2030. Localisation presents a sig...
Mines Ministry to launch incentive scheme for domestic lithium, nickel processingThe Mines Ministry will soon launch an incentive scheme to promote domestic processing of lithium and nickel as India seeks to build an int...
Snorkel AI valued at $3.5 billion amid surging demand for complex AI training dataLed by Insight Partners and S32, the funding round included participation from existing investors Addition, Greylock and Wells Fargo, the c...
Supreme Court dismisses plea against FAR granted to Great Value Realty's Ekanam project in NoidaThe Supreme Court has dismissed a Special Leave Petition challenging additional Floor Area Ratio (FAR) granted to Great Value Realty’s "Eka...
Think a Rs 1 lakh salary means a Rs 60 lakh home loan? CA explains what banks actually checkA Rs 1 lakh monthly salary does not automatically mean you can get a Rs 60 lakh home loan, CA Nitin Kaushik explained. Banks assess factors...
Perpetual student, valued by degreesA New Zealander's remarkable academic journey presents India with a fresh perspective on success. This model of lifelong learning could shi...
Indian diaspora founders account for $560 billion of overseas unicorn value: ReportThe figure was calculated by dividing each company’s value equally among its founders and adding only the share of those who grew up in Ind...
India overtakes Hong Kong to become Asia’s fourth-largest REIT marketIndia's REIT market value grew significantly, surpassing Hong Kong for the first time. New listings and expanded portfolios substantially i...
Best value funds to invest in September 2026Value investors buy such stocks and wait for the market to discover these stocks. When the discovery happens, the stock prices will go up, ...