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GOVERNMENT CONVERTS DUES INTO EQUITY
Indian economy remains exposed to energy price shocks: RBI reportIndia's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...- Meta says new AI system can convert brain activity into text without surgeryMeta's new AI, Brain2Qwerty v2, decodes brain signals into text without surgery, achieving 61% word accuracy. This non-invasive technology ...
- Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...
- Assam CM Himanta Biswa Sarma monitoring Dhemaji flood situation, train services suspendedAssam Chief Minister Himanta Biswa Sarma has pledged full government support for flood-affected residents in Dhemaji, directing ministers t...
- AI startup Rocket in talks to raise $40-50 million: sourcesIf completed at the current terms, the round will mark a sharp re-rating for the company less than a year after it raised $15 million from ...
- Madras HC refuses adjournment, calls petitioner's change of lawyer a 'devious' delay tacticThe Madras High Court has ruled that individuals converting to Islam cannot claim Backward Class Muslim status, deeming a recent Tamil Nadu...
- Tax, policy changes making equities more attractive for investors, likely to sustain inflows: JP MorganGovernment policies and tax reforms are making Indian equities a more attractive investment compared to other options, according to a JP Mo...
- Madras HC says converts to Islam cannot claim backward class Muslim statusThe Madras High Court has declared unconstitutional a Tamil Nadu government order that allowed converts to Islam to claim backward class st...
- India's tech services sector to remain key to global enterprises in AI era: Nasscom US CEO ForumIndian tech firms are poised to lead global enterprises into the AI era, moving beyond experimentation to production value. Discussions at ...
- PFC, REC seek to help centre retain majority at low costPower Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary op...
- Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,0...
- Tamil Nadu CM strongly opposes Centre's NLC disinvestment planTamil Nadu Chief Minister C. Joseph Vijay has strongly opposed the Union Government's plan to disinvest up to three percent of its equity i...
- Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 croreAce investor Madhusudan Kela's funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO p...
- SME stock Yash Highvoltage shares soar over 12% after raising Rs 151 crore via preferential issueYash Highvoltage shares surged after the company approved a Rs 151 crore preferential issue to fund expansion. The capital will boost manuf...
- IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
- FundsIndia raises Rs 44.6 crore through maiden secured NCD issueFundsIndia has raised Rs 44.6 crore through its maiden private placement of secured non-convertible debentures, marking its entry into the ...
- Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to knowTaxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...
- Yes Bank to consider fundraise plans on June 29Yes Bank's board is set to convene on June 29 to deliberate on significant fundraising initiatives. The bank plans to explore options for r...
- 11,983% profit! HFCL promoter’s Rs 10/share Jio bet may turn into Rs 5,800 crore windfallJio Platforms has formally kicked off its IPO journey by filing its DRHP with SEBI, highlighting the extraordinary wealth creation generate...
- Vodafone Idea raises Rs 1,182 crore from promoter Aditya Birla GroupVodafone Idea secured Rs 1,182 crore from promoter Aditya Birla Group via warrants, a crucial step towards its Rs 1 lakh crore cash generat...
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