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Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...
Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the detailsIndividuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
RBI puts curbs on banks' sale of third-party productsThe Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...
Hero FinCorp teams up with Salesforce to drive loan processing with AgentforceSalesforce and Hero FinCorp partnered to speed up loan processing. Hero FinCorp deployed Salesforce's Agentforce and other tools. This has ...
Sole proprietorship, LLP to private limited company; business structures for startups explainedChoosing the right business structure is crucial for a startup’s growth, taxation, compliance, control, and liability. DPIIT highlights fiv...
IPO Calendar: Two companies to launch public offers in a quiet week for the primary marketThe IPO market will see limited activity next week, with only two SME issues, Liotech Industries and Leapfrog Engineering, opening on June ...
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
AI chatbot's BMW buy-back offer sparks questions over accountability in automated customer interactionsA customer's attempt to sell his BMW back to a dealership turned into a lesson in AI accountability when an artificial intelligence chatbot...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 27%, according to analystsWe are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter of just 48 hours, they are made all...
RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
Maruti Suzuki announces price protection for small cars booked till June 14Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buy...
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...