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RBI finalises NBFC-UL norm that may see Tata Sons listIndia's central bank has redefined systemically important NBFCs, setting a new asset threshold of ₹1 lakh crore for upper-layer companies. ...
Bajaj Auto buyback alert! Last day to buy shares to participate in firm's biggest-ever buyback worth Rs 5,633 croreBajaj Auto fixed June 24 (Wednesday) as the record date for its Rs 5,633 crore share buyback. Only those shareholders who own the shares of...
Bajaj Auto nears record date for Rs 5,633 crore share buyback at 19% premium. Should you participate?Last week, Bajaj Auto said that its buyback committee decided on the record date for the purpose of determining the entitlement and eligibi...
Buyback alert! Last date to buy Cyient shares to participate in Rs 720 crore share buyback. Do you own?Cyient’s Rs 720 crore share buyback enters the final stage, with June 16 as the last date to buy shares to qualify. The record date is June...
MSCI confirms early index inclusion rules ahead of SpaceX IPOMSCI will apply early inclusion rules for large IPOs, potentially adding SpaceX to its Global Standard Indexes. This move is expected to dr...
Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
SpaceX IPO: What risks should investors consider? What to do if you don't get SpaceX IPO allocation?SpaceX IPO: At roughly 110 times trailing sales, Elon Musk-led company's valuation assumes years of rapid growth, raising the stakes for in...
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
Quote of the day by Walter Schloss: "If the market’s going wild and you want to be in it, you either have to lower your standards to stay in the game or you buy stuff which may not participate because it’s not part of the game at that time"Legendary investor Walter Schloss highlighted the dilemma of booming markets, where investors face the choice of lowering standards to chas...
Pope calls for robust regulation of AI in manifesto that ponders the future of humanityPope Leo XIV's encyclical, "Magnifica Humanitas," urges robust AI regulation and ethical development for humanity's good, not profit. He wa...
Free airport lounge access via credit cards is getting tougher as banks tighten entry rules, set minimum spending criteriaThe logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premium customers or frequent flyers wou...
Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...
CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
TVS Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance BankJana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Gr...
Euler Motors doubles FY26 revenue to Rs 402 crore, losses expandEuler Motors, a commercial EV manufacturer, more than doubled its FY26 revenues to Rs 402 crore, driven by rising EV adoption. Despite wide...
Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
Kotak CEO flags IDBI valuation concerns as privatization dragsIDBI Bank, backed by Life Insurance Corp. of India, reported quarterly earnings that missed estimates on Thursday, adding another layer of ...
DEA notifies FDI easing for foreign cos with up to 10 pc Chinese stake under FEMANew rules allow overseas firms with up to 10 percent Chinese ownership to invest in India automatically. This applies to sectors open for f...
US Stock Market: SpaceX, OpenAI and Anthropic set stage for record-breaking IPO waveSpaceX, OpenAI and Anthropic could drive one of the largest IPO waves in U.S. history despite remaining unprofitable. Massive private valua...