ET Prime Special Series: Multibagger or IBC - Part 70: Almost nobody tracks this company. That may be why its turnaround was missedVery few investors track this old auto supplier, and that may be exactly why its turnaround went unnoticed. This is a business that spent y...
Delhi HC set to rule on Daiichi Sankyo arbitration caseThe Delhi High Court is expected to rule this week on Daiichi Sankyo’s long-running arbitration dispute with former Fortis promoters Malvin...
Purchase of bad loans by ARCs rises 56% in Q1Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six pe...
Canada’s PSP Investments weighs $1.5 billion sale of India roadsThe Public Sector Pension Investment Board is considering strategic moves for its Indian road assets. This Canadian pension fund is engagin...
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
Can LEAP India IPO deliver long-term growth for high risk investors?LEAP India is on a mission to secure ₹480 crore through a new issuance aimed at settling its debts. Additionally, the company plans to garn...
ReNew explores Rs 1,000 crore sale of hydropower businessReNew plans to sell its hydropower unit for approximately ₹1,000 crore. This move aligns with the company's asset recycling strategy for ne...
Sebi proposes investment by REITs, InvITs in third party projects without controlling interestSebi has put forth proposals to permit REITs and InvITs to channel their investments into under-construction projects. This initiative is d...
LIC shares fall after India’s largest OFS closes with oversubscription on both daysThe government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option...
Govt mobilises Rs 31,552 crore via LIC offer for saleThe government successfully raised ₹31,552 crore through the Life Insurance Corp of India Offer for Sale. This significant mobilization inc...
LIC's second act smarter price tagThe Life Insurance Corporation is gearing up for a monumental offer for sale, potentially the largest in history. This move allows the gove...
DLF eyes Rs 1 lakh cr sales pipeline in 4-5 yrs, rules out REIT for nowDLF aims for a Rs one lakh crore sales pipeline over five years. The company will focus on luxury housing and avoid REITs for now. Profitab...
DLF eyes Rs 1 lakh cr sales pipeline in 4-5 yrs, rules out REIT for nowDLF Ltd aims for Rs one lakh crore sales over five years. The company will focus on luxury housing and expand its customer base. Profitabil...
Wife paid husband Rs 7.5 crore after selling her shares and bought his Mumbai property, filed ITR claiming 54F tax exemption, got tax notice; she fought and won the case in ITAT MumbaiWife got tax notice as she claimed Section 54F tax exemption by purchasing her husband’s own Mumbai property for Rs 7.5 crore; ITAT Mumbai ...
Quote of the day by Myron Scholes: "At times of shock, converting illiquid assets to cash to build flexibility is very expensive. Finding an umbrella in a rain storm might be impossible or very costly."Nobel laureate Myron Scholes emphasizes liquidity's value during market shocks. Illiquid assets become difficult to sell without significan...
Apollo Global debt deal fees and insurance earnings rise, asset sales dragApollo Global Management has posted unprecedented fees from its lending and insurance sectors, though asset sales fell short, resulting in ...
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...