Letters to Indian newspapers warn that recent tax reforms for REITs and ITRs may carry hidden burdens, while concerns rise over the influence of financial content creators on young investors, prompting calls for clearer regulation. Indian letters warn on tax,…
Apollo Hospitals reports a 21% rise in revenue for Q1 FY27, driven by higher hospital demand and increased pricing, as the group progresses towards its digital business demerger and expansion goals. Apollo Hospitals Enterprise said its first-quarter performance for fiscal…
Swan Corp Ltd reported a ₹31 crore consolidated loss in the June quarter, driven by declines in distribution and development segments, even as its shipyard division saw a sharp rise, reflecting an uneven path to recovery. Swan Corp Ltd swung…
Crompton Greaves Consumer Electricals reported a 15.2% rise in net profit for the first quarter, driven by strong sales of premium fans and a push into solar products, amid sustained demand and pricing strategies. Crompton Greaves Consumer Electricals reported a…
India’s markets regulator has issued a show-cause notice to senior Paytm executives over the timing of a December 2023 disclosure, amid tighter listing standards and questions over whether the information should have been treated as unpublished price-sensitive data. India’s markets…
Indian investors in US shares must navigate currency fluctuations and complex tax implications, with the rupee’s movement influencing returns and detailed reporting requirements becoming more important than ever. For Indian investors buying US shares, the biggest mistake is to assume…
A report reveals that foreign-owned companies in India have not regained pre-pandemic investment momentum, with domestic firms leading a patchy recovery and the absence of ‘superstar’ firms impacting growth prospects. Foreign-owned companies in India have not regained the investment momentum…
The Adani Group has engaged in high-level discussions with Odisha officials to develop large-scale solar, pumped storage, and nuclear projects, signalling a significant step in the state’s pursuit of 11 GW renewable capacity by 2030. Karan Adani met Odisha Deputy…
India’s ambition to become a global manufacturing hub by 2047 gains momentum as NITI Aayog outlines a strategic shift towards innovation, scale, and sector-specific development to realise its industrial potential. India’s ambition to become a manufacturing powerhouse by 2047 is…
Uttarakhand Gramin Bank and State Bank of India have partnered to broaden the reach of the National Pension System and retirement products, aiming to improve financial inclusion in rural and semi-urban Uttarakhand through a new multi-scheme distribution framework. Uttarakhand Gramin…
