A Kerala consumer commission has mandated a cooperative bank to release over Rs 13.8 lakh to a widow, ruling that internal bank inquiries do not justify withholding her funds from matured fixed deposits, highlighting depositor protections under the Consumer Protection…
The AceVector initial public offering has delivered mixed outcomes for early backers, with individual investors enjoying substantial gains while institutional holdings face modest or negative returns; high-profile stakes are being shed amid a downsized offering and a focus on raising…
The Reserve Bank of India has introduced a streamlined framework allowing mutual funds, insurers, and pension funds to more easily expand their holdings in banks up to 10% through a one-time approval, reducing regulatory hurdles for long-term investors. The Reserve…
Reliance’s Jio is redefining its role in the tech landscape, leveraging its 5G infrastructure, patent portfolio, and R&D investments to transition from a telecom operator to a global innovator in AI and network technology products. Jio is trying to reposition…
Black Opal Consultants’ IPO closes with exceptional demand, with subscriptions exceeding 68 times, reflecting robust investor confidence ahead of its BSE SME listing. Black Opal Consultants’ initial public offering closed with strong demand, according to the company and several market…
Taxpayers in India must carefully adhere to deadlines when switching between old and new tax regimes via revised returns, with timing and proper procedures determining eligibility and potential refunds. A salaried taxpayer who first files under India’s default new tax…
As retirement expenses rise in India, more savers are embracing annuities to transform lump sums into reliable income streams, highlighting a shift towards diversified retirement strategies tailored to individual needs and market challenges. Retirement often changes the shape of a…
Instant loans offer quick relief but can hide costly interest structures and fees. Borrowers must scrutinise interest calculations, repayment terms, and verify lender legitimacy to avoid costly pitfalls. An instant loan can feel like a lifeline when an urgent bill…
India’s government has approved the Bhavya Rasayan scheme, allocating over ₹3,000 crore to develop three dedicated chemical parks, seeking to enhance domestic production and reduce reliance on imports in a strategic push for industrial self-reliance. India has approved a new…
A busy week from October 5 to 9 will see 14 stocks going ex-date for bonuses, splits, dividends, and buybacks, potentially energising market trading and investor participation. A cluster of corporate actions will draw investors’ attention in the trading week…
