Shares of Indraprastha Gas declined sharply after the company reported a significant drop in first-quarter profit and margins, even as sales volumes continued to grow, highlighting rising costs and ongoing regulatory disputes. Indraprastha Gas shares fell on Thursday after the…
India’s securities regulator plans a broad overhaul of accredited investor criteria, easing access for foreign investors and expanding the scope of private market investments, signalling a shift towards a more modernised investment regime. India’s markets regulator has proposed a broader…
The Employees’ Provident Fund Organisation is ramping up initiatives to reduce the backlog of higher pension applications, but lacks a firm deadline for completion, leaving many applicants in limbo. The government has said the Employees’ Provident Fund Organisation is stepping…
India’s overseas fund of funds experienced a rare net outflow in July amid investment caps, waning interest in global markets, and a renewed focus on domestic equities, signalling a shift in investor sentiment and market dynamics. Overseas fund of funds…
Two innovative hybrid mutual funds in India adopt contrasting approaches, one focusing on arbitrage-driven debt exposure, the other on traditional equity-debt balance, shaping diverse options for investors navigating different market conditions. Two new hybrid mutual fund offerings are drawing attention…
PointsKash secures a phased capital commitment of up to $100 million from Hawk Capital Investors to scale its kiosk network and digital financial services targeting unbanked consumers, supported by strategic acquisitions and planned platform enhancements. PointsKash has secured a strategic…
Taxpayers awaiting income tax refunds must ensure their returns are verified and details match before checking status online, as delays can occur and may be normal, with interest payable for late refunds. If you filed your income tax return before…
India’s retail landscape is transforming as consumers seamlessly switch between digital and physical shopping, driven by social discovery, flexible payment solutions, and integrated commerce platforms, reshaping small and medium-sized business growth. Indian retail is moving towards a world where shoppers…
The Confederation of Indian Industry’s Western Region plans to establish up to 25 new multinational companies from western India over the next two to three years, focusing on strengthening SMEs, boosting exports, and addressing India’s balance-of-payments pressures. CII Western Region…
India’s edible oil imports reached a 10-month peak in July, with refiners replenishing inventories ahead of upcoming festivals, signalling a renewed active buying cycle that could influence global supply trends. India’s edible oil imports climbed to a 10-month high in…
