However, a successful outcome is far from easy as any settlement with promoters under Section 12A of Insolvency and Bankruptcy Code (IBC) needs approval from 90% of lenders.

Vis-a-vis, the rest of the world, the earlier story of a regular rupee depreciation will start to dissipate. While we are going to be a function of global markets, the rupee bonds will actually outperform the US and the rest of the developed markets, Ashhish Vaidya, head, treasury & markets, DBS Bank, told ET.

IndusInd International Holdings (IIHL), a holding company of IIHL BFSI (India), received the NCLT nod to buy the financial services firm for 9,661 crore.

Registration of gross SIP accounts, the preferred route for small investors to invest in equities, rose to a record of 6.36 million in April, data from the Association of Mutual Funds in India (AMFI) showed.

MUMBAI: Global private equity funds General Atlantic, TPG Capital, Warburg Pincus and Ontario Teachers' Pension Plan are in contention for acquiring a majority stake in Altimetrik at a valuation of about $1.5 billion (Rs 12,500 crore), said people aware of the development.The Michigan-based pure-play digital services company, owned by American-Indian entrepreneur Raj Vattikuti, is being advised by Jefferies on the stake sale.The promoters plan to offload about 60% in Altimetrik for $900 million

NEW DELHI: Elections for 96 Lok Sabha seats spread across nine states and the Union Territory of Jammu & Kashmir will be held in the fourth phase on Monday.Voting will be held simultaneously in all 175 assembly seats in Andhra Pradesh and 28 assembly seats of Odisha.This phase is crucial for Andhra Pradesh chief minister YS Jagan Mohan Reddy. In 2019, his YSR Congress Party had won 22 out of 25 Lok Sabha seats and registered a thumping victory in the assembly elections. TDP-led NDA is posing a s

To begin with, the ministry has geotagged 1.3 million establishments covered under the Employees' Provident Fund Organisation (EPFO), about 1.5 million under the Employees' State Insurance Corporation (ESIC) and 104 ESIC hospitals for assessing the current social security coverage and planning future expansion.

A number of resident individuals working in Indian subsidiaries and arms of offshore parents have recently received notices from the Income Tax (I-T) department which has pointed out amounts that either went undisclosed or untaxed or both.

A number of resident individuals working in Indian subsidiaries and arms of offshore parents have recently received notices from the Income Tax (I-T) department which has pointed out amounts that either went undisclosed or untaxed or both.

In the unlisted market, TBO Tek shares are trading with a premium of Rs 550. This compares with an IPO price of 920, indicating a gain of over 60% on listing day, which is fixed as May 15. Ahead of the IPO, the company raised nearly Rs 697 crore from anchor investors.

In the unlisted market, Aadhar Housing Finance's shares are trading with a premium of Rs 70 against the issue price of Rs 315, translating to a listing gain of 22%. The company raised nearly Rs 899 crore from anchor investors ahead of the IPO.

Senior officials of India and the 10-nation bloc of Southeast Asian nations - ASEAN - will hold the next round of talks in July to review the existing free trade agreement in Jakarta, Indonesia, an official statement said on Sunday. The last round of the three-day negotiations concluded on May 9 in Putrajaya, Malaysia. The discussions for review of AITIGA (Asean-India Trade in Goods Agreement) started in May 2023 to make it more trade-facilitative and beneficial for businesses across the region,

Hindustan Copper shares, which are seen as one of the beneficaries of the growing EV adoption, have rallied 253% in the last year. Other EV stocks that have more than doubled investor wealth in one year are Himadri Speciality Chemical, Servotech Power Systems, JBM Auto, and Exide Industries.

A study by the Asian Development Bank is underway to assess infrastructure needs and identify industry clusters to achieve India's USD 1 trillion merchandise export target by 2030. In 2023-24, exports dipped to USD 437 billion and imports to USD 675.4 billion. Investments in roads, ports, airports, and railways are crucial for handling the projected USD 2.5 trillion trade. Key sectors expected to drive export growth include electronics, pharmaceuticals, and marine products, with clusters in Chen

This was way higher than a net withdrawal of Rs 8,700 crore in the entire April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields

Zomato Q4 Results Preview: In the preceding December quarter, the food delivery platform's net profit jumped nearly 4x (283%) QoQ to Rs 138 crore. Revenue from operations in the third quarter increased 69% YoY to Rs 3,288 crore

New Delhi: As many as 449 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by cost overrun of more than Rs 5.01 lakh crore in March 2024, an official report stated. According to Ministry of Statistics and Programme Implementation (MoSPI), which monitors infrastructure projects worth Rs 150 crore and above, out of 1,873 projects, 449 reported cost overrun and 779 projects were delayed. Total original cost of implementation of the 1,873 projects was Rs 26,87

The other approach is to let time do its magic because just like other asset classes, the power of compounding can create outsized returns and reward the patience of crypto investors.

stocks that will turn ex-dividend with respect to their dividends.

stocks that will turn ex-dividend with respect to their dividends.

For retail traders to effectively compete, access to algorithmic trading must be democratised. This involves not only continued regulatory backing, but also the availability of practical algo tools that provide similar levels of automation and discipline as those used by institutional traders and professional fund managers.

It was just a routine food surveillance exercise in Tsim Sha Tsui, a shopping hub known for its hotels and restaurants overlooking the Victoria Harbour in Hong Kong. The Centre for Food Safety, a government entity, collected samples of spices from some retail outlets.Unexpectedly, the test revealed the presence of a pesticide, ethylene oxide, in four products of two popular Indian spice brands MDHs Madras Curry Powder, Sambhar Masala and Curry Powder, and Everests Fish Curry Masala. It had a dom

Although the usage of vanaspati has significantly reduced, it remains a significant factor in calculating the Wholesale Price Index (WPI). In India, vanaspati consumption has dropped from approximately 6% of total cooking oil consumption in 2010-11 to about 3% in 2022-23. While household consumption of vanaspati has declined and shows no signs of reversal, it remains prevalent in processed foods and the baking industry.

Anthony Bolton emphasizes that successful investing involves not only identifying lucrative opportunities but also mitigating potential pitfalls. He stresses the importance of thoroughly studying balance sheets and treating associated risks with utmost seriousness.

NSE, valued at Rs 2.73 lakh crore or about $33 billion, is currently the world's seventh-most-valuable stock exchange.

Brazil, the leading orange juice exporter, anticipates the worst harvest in 36 years due to a heat wave. The global orange juice supply is impacted by reduced production in Brazil and Florida.

The critical juncture when AI is taking over the world slowly, a proactive approach and good understanding of Generative AI is required from leadership -- CEOs & CIOs.

Net profit increased to 1,439 crore in the quarter ended March 2024 from 1,350 crore a year earlier despite a 15% fall in operating profit.

The bank received 497 crore as income tax refund in the quarter ending March as against 8 crore in the comparable period, which helped to push up profits for the fourth quarter.

Both the BSE Midcap and Smallcap indices lost over 4% each. In the smallcap pack, 11 stocks rose, with CarTrade Tech leading with 24% returns.

Hindustan Zinc's rally to 540.95 was driven by silver prices and optimism, despite concerns like rising debt and limited free float. Analysts caution on valuations, advising buying on dips around 430 for short-term support.