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RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
Wipro's Rs 15,000-crore buyback opens June 11; entitlement ratio and key details announcedIT major Wipro's Rs 15,000-crore share buyback offer will commence on June 11 and conclude on June 17, 2026. Small shareholders can tender ...
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocksInvesco Mutual Fund's Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing bro...
Wipro buyback alert! Last date to buy shares to participate in Rs 15,000 crore share buybackInvestors must purchase Wipro shares by today, June 4th, to be eligible for the company's Rs 15,000 crore share buyback, as Friday, June 5t...
Health insurance company denies claim over father’s alleged alcohol history; son fights back and wins Rs 6 lakhA software engineer's father's health insurance claim was denied by HDFC ERGO due to an alleged alcohol history. The insurer repudiated the...
Concord Biotech shares jump 8% on USFDA nod for Mycophenolate Mofetil oral suspensionConcord Biotech shares saw a significant jump on Wednesday. This surge followed the company's announcement of receiving approval from the U...
Wipro nears record date for Rs 15,000 crore share buyback. What’s ahead for IT major’s 26 lakh shareholders?Wipro's Rs 15,000 crore share buyback, priced at a premium, is nearing its June 5 record date. Retail investors can potentially achieve dou...
Wipro's Rs 15,000 crore share buyback at 23% premium: Should you buy before record date?Wipro has announced a Rs 15,000 crore share buyback. The record date is June 5, with shares to be repurchased at Rs 250 each. This offers a...
Can salary-linked SIPs transform mutual fund investing for salaried Indians? Experts weigh inSebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deductions, similar to EPF and NPS. This...
India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
Nothing NEET about it, fix system error nowThe National Testing Agency has again cancelled the NEET UG exam for 2026 following paper leak claims. This follows a similar cancellation ...
SBI cards sells Rs 1,800-crore bad loans to Integro FinservSBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, v...
US Stocks: US market indexes enter earnings-heavy week on cautious footingWall Street indexes edged lower as investors awaited a busy earnings week and remained cautious due to stalled U.S.-Iran peace talks. Despi...
Wipro share buyback: Should retail investors participate? Here’s what analysts sayIT services major Wipro announced a Rs 15,000 crore share buyback at Rs 250 per share, a premium of over 25% to its previous closing price....
Are you ready to pay up to 25% higher premium for your health insurance this year? Here are the ways to reduce your premiumHealth insurance premiums in India are rising by up to 25% due to escalating healthcare costs, increased claims, and changing risk profiles...
How Wipro's Rs 15,000 crore share buyback offer can give double-digit returns in weak marketWipro announced a Rs 15,000-crore share buyback at Rs 250 per share, offering a 22% premium. Retail investors could see returns of 11-13% w...
Wipro’s Rs 15,000 crore share buyback: Should you participate or avoid?Wipro announced its largest-ever share buyback of Rs 15,000 crore at a 19% premium, despite lackluster Q4 earnings. The IT major's board ap...
Foreign handles, desi stories: How global creators are decoding IndiaAn American picking up Malayalam. A Korean calling himself Bihari. A Kiwi showing the nooks of India. Foreign influencers are using Indian ...