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NFO Alert: Zerodha Fund House launches arbitrage fundZerodha Fund House has launched its Arbitrage Fund, an open-ended scheme targeting equity and derivatives price gaps. The NFO closes August...
TARC Ltd reports Rs 22.64 crore profit after tax for Q1FY27TARC Limited reported a profit after tax of Rs 22.64 crore for Q1FY27. Quarterly presales reached Rs 602 crore, showing significant year-on...
Electric mobility startup Yulu raises $93 million in equity, debt to expand EV fleetThe Bajaj Auto-backed company said it will increase its active fleet to 200,000 electric vehicles over the next two years, expand service h...
Coforge launches private equity business unit for private equity sectorPowered by Coforge Nuuron, its AI operating system and enterprise autonomy platform, Coforge’s PE business unit aims to combine technology,...
Vikas Khemani elected APMI Chairman, Sandeep Jethwani Vice-ChairmanAPMI appointed Vikas Khemani as Chairman and Sandeep Jethwani as Vice-Chairman following its August 10 board meeting. The new leadership wi...
Gland Pharma shares rally 12% after Q1FY27 profit jumps 47% YoY. Should you buy, sell or hold?Gland Pharma shares rose sharply after Q1FY27 profit rose 47% and revenue grew 20% year-on-year. While strong margins and CDMO growth promp...
Sold property for Rs 94 lakh despite a stamp value of Rs 1.93 crore, received an income tax notice under Section 50C; ITAT Chennai grants relief for this reasonChennai man sold property for Rs 94 lakh despite Rs 1.93 crore stamp duty value; so tax dept sent notice u/s Section 50C to tax the differe...
NFO Alert: Bandhan Mutual Fund announces launch of contra fundBandhan Mutual Fund has launched the Bandhan Contra Fund, an open-ended equity scheme targeting fundamentally strong but out-of-favour busi...
Foreign flows into Indian bonds may remain muted despite tax relief: SBI FundsForeign investment in Indian government bonds is projected to stay subdued as global yields alongside domestic interest rates reduce invest...
Instant home services firms Urban Company, Snabbit slash prices, cut waiting times as competition intensifiesThe sector's rising cash burn, coupled with the relatively limited size of the addressable market, is beginning to concern investors tracki...
BRICS trade meet clears MSME credit frameworkBrics trade ministers finalized their Economic Partnership 2030 strategy and adopted a joint declaration. They agreed on the Jaipur Consens...
Riyadh Air aims to add 2nd India destination by end-2026: Senior executiveRiyadh Air aims to launch a second Indian destination by year-end. The Saudi carrier is focusing on premium travelers and cargo traffic. Mu...
AMD deepens AI inference bet with Taalas deal as chip race heats upToronto-based Taalas develops specialized silicon designed to reduce computing and memory bottlenecks in AI inference, the process of run...
HDFC Securities initiates coverage on Sona BLW with 'Add'; sees upside on EV-led growthHDFC Securities initiated coverage on Sona BLW Precision Forgings with an Add rating and Rs 845 target, citing EV-led growth, strong R&D an...
Baroda BNP Paribas MF raises Rs 1,200 crore+ from ESG and Services thematic fund launchesBaroda BNP Paribas Mutual Fund raised over Rs 1,200 crore through its ESG Best-in-Class Strategy Fund and Services Fund launches in 2026. T...
Deadly fungus outbreak in US: What is Candida auris, symptoms, who all are at risk as cases rise across 23 statesThis year, over 3,100 cases of drug-resistant Candida auris have emerged across twenty-three states in the US, with Texas and Michigan repo...
DoT seeks TRAI review of net neutrality framework amid 5G shiftIndia's Telecom Department has asked TRAI to review net neutrality rules. This review considers emerging technologies like 5G network slici...
RBI provides banks greater flexibility to determine bulk deposit interest rates; changes effective from October 1, 2026New Reserve Bank of India rules will change bank deposit interest rate disclosures starting October 2026. Banks will gain flexibility in se...
Government reviews net neutrality rules to enable 5G network slicing servicesIndia may allow telecom operators to offer varied internet speeds and specialized services. This review considers advancements like 5G slic...
RBI gives banks more time to implement bulk deposit rate norms, deadline now Oct 1Banks now have until October 1 to implement new differential interest rate rules. These norms allow varied rates on bulk deposits consideri...