Indian Stock Market Opens Strong As Auto & IT Sectors Lead Gains
The Indian stock market began Wednesday on a positive note, driven by strong performances from the auto and IT sectors.
Government Proposes Amendment To Provide Relief For Real Estate Under LTCG Regime
Under the new scheme, taxpayers can opt for a reduced tax rate of 12.5% without indexation on long-term capital assets such as land or buildings
Sensex Closes Lower After Initial Surge Amid Global Concerns
Despite a strong start, with Sensex up 900 points, Indian indices ended slightly lower on Tuesday amid global uncertainties.
Marico Stock Falls as Bangladesh Business Faces Unrest
Marico Ltd's stock dropped nearly 5 percent on Tuesday due to political unrest in Bangladesh, a key market for the company.
Indian Stock Market Shows Resilience Amid US Economic Slowdown
FPIs continued to show confidence in the Indian market, injecting Rs 54,727 crore into equity and debt in July.
Musk Criticizes San Francisco ‘Impossible’ For Payment Processing Companies
On Tuesday, Elon Musk confirmed that X will relocate its headquarters from San Francisco, citing operational challenges in the city.
Sensex Soars 900 Points, Nifty Climbs 300 Points In Remarkable Tuesday Recovery
Indian benchmark indices bounced back on Tuesday after a tough Monday, with the Sensex up 900 points & Nifty rising 300 points in early trade.
AESL Raises USD 1 Billion Via QIP Route, Largest In India’s Power Sector
The transaction was launched post-market hours on 30 July 2024 with a base deal size of INR 5,861 crore (USD 700 million) and included a green shoe option to size up to INR 8,373 crore (USD 1 billion).
Adani Reveals $213 Billion Succession Strategy Amid Ongoing Scrutiny
The group has faced regulatory probes both in India and the US. In March, Bloomberg reported that US prosecutors were investigating whether an Adani entity, company executives, or Gautam himself were involved in bribing Indian officials for favorable treatment on a green-energy project.
Power Finance Corporation Faces Corporate Governance Concerns Over Shapoorji Pallonji Group Loan
Power Finance Corporation Ltd., a state-owned power lender, is encountering corporate governance issues concerning a recent loan approval to the Shapoorji Pallonji Group.
