Quest Global Services, backed by the Carlyle Group, is set to launch a significant IPO in Mumbai, signalling renewed investor confidence in India’s recovering primary market amid growing interest from prominent global and domestic investors. Quest Global Services, the Carlyle…
Svatantra Microfin, backed by Ananya Birla, has filed draft papers for a Rs 3,000 crore IPO, marking a significant step in its rapid growth, expansion through mergers, and increasing market share in India’s microfinance sector. Svatantra Microfin, the Ananya Birla-backed…
India’s Software Technology Park units have posted estimated exports of Rs 7.73 lakh crore for FY 2025-26, driven by continued growth and regional diversification, despite a decline in investments and sustained contribution from key states such as Karnataka and Maharashtra.…
For Indian investors in US stocks, careful timing of sales and diligent documentation can significantly reduce tax liabilities, with strategies like long-term holding and tax-loss harvesting proving particularly effective. For Indian investors holding US equities, the tax treatment can be…
A man in his late 70s from Wadgaon Budruk falls victim to a fake Election Commission call, highlighting increasing scams targeting vulnerable voters amidst a surge in impersonation crimes in Pune. A man in his late 70s from Wadgaon Budruk…
Employers in India are reminded to file the Electronic Challan-cum-Return for July wages and pay provident fund contributions by August 15, with increasing system stringency and potential penalties for late submission highlighted by the Employees’ Provident Fund Organisation. Employers in…
Cyient reports a strong margin performance in fiscal 2027’s first quarter, with new contract wins supporting profitability even as revenue growth remains modest, reflecting a broader shift towards AI and digital engineering in the Indian IT industry. Cyient began fiscal…
Vinit Bolinjkar of Ventura forecasts a 7-8% rise in the Nifty 50 by year-end, citing cautious optimism driven by earnings upgrades and sector-specific prospects, while warning against overexposure to overvalued segments. The Indian equity market has recovered modestly over the…
Skyways Air Services announces its ₹583 crore initial public offering, aiming to strengthen its balance sheet and expand its logistics services with a price band of ₹131 to ₹138 per share, opening on August 24 and listing expected by September…
A study reveals that a select group of foreign portfolio investors outshone India’s benchmark indices in the June quarter, highlighting the importance of stock picking amid global uncertainty and sectoral shifts. In a quarter when Indian equities were swinging sharply…
