In India, the BMW R 1300 GS is the flagship adventure motorcycle one would pick — primarily because there is no competition apart from the Triumph Tiger 1200. Globally, there are other options and one close competitor is the KTM. Now, with KTM having launched its adventure model – the 1290 Super Adventure S –
If you did not disclose your foreign assets in the original Income Tax Return (ITR) filed for AY 2024-25, you must file a revised return as failure to do so could result in a penalty of up to Rs 10 lakh. The revised ITR can be filed up to December 31, 2024. In an advisory
– By Sarbojit Mallick The present digitally-driven world is moving at an unprecedented pace. Forward-moving organizations are constantly seeking innovative ways to optimize their recruitment strategy. Considering the burgeoning need for a highly efficient and effective recruitment process, the use of Artificial Intelligence (AI) is taking the industry by storm. It brings a tectonic shift
Larsen and Toubro (L&T) on Wednesday announced that its Energy CarbonLite Solutions vertical has secured Limited Notice to Proceed (LNTP) from NTPC Ltd for setting up thermal power plants in Madhya Pradesh and Bihar. The orders, it added, pertain to main plant packages of 2×800 MW Stage-II thermal power plant at Gadarwara in Madhya Pradesh
The India Volatility Index (VIX) spiked by over 7% on Monday, reaching an intra-day high of 16.58, indicating heightened market uncertainty as investors take stock of various economic and geopolitical risks. This surge aligns with global volatility trends and reflects growing concerns in the Indian equities market. In the domestic market too, the investors are
Shares of Honasa Consumer, the parent company of Mamaearth, fell as much as 20% during Monday’s trading session, dropping below their IPO price of Rs 324. This significant decline followed the company’s announcement of its first quarterly loss in five quarters. Net Loss and Revenue Decline The company reported a consolidated net loss of Rs
Zinka Logistics IPO closes on November 18. The IPO opened on November 13 and aims to raise Rs 1,1142.72 crore. The issue is a combination of fresh shares and an offer for sale. The company’s IPO price band ranges between Rs 259 to Rs 273 per equity share and has seen steady retail participation. Zinka
Insurance Regulatory and Development Authority (IRDAI) Chairman Debasish Panda recently spoke of how India needs more global players to grow the insurance sector. Panda believes it is time to allow them to set up shop on their own without a local partner. A 100% foreign direct investment (FDI) policy, he says could bring in more
Bengaluru-based developer Puravankara is expecting about a fifth of revenues coming from western part of the country including Mumbai and Pune in FY25. The company is expecting a topline of Rs 900 crore from the region across six projects in FY25, said Rajat Rastogi, chief executive -West at Puravankara. ALSO READBlackstone to acquire 40% stake
The blistering heat may be inconvenient for people, but durable firms are cheering the early onset of summer this year. The west, east and parts of the north are seeing daily temperatures of 34-35 degree Celsius, prompting consumers to turn on their air conditioners, coolers and fans. Firms are expecting around 35-40% year-on-year growth in
Bull markets spawn many cock-and-bull stories. Finfluencer Asmita Patel, who called herself the She-Wolf of the stock market, is a great example. The so-called ‘options queen’ used to run a school, Asmita Patel Global School of Trading, which despite claiming to manage a portfolio of Rs 140 crore and handling funds worth Rs 283 crore
Managed ATM services provider CMS Info Systems, is expanding the scope of its machine learning tech solutions beyond ATM management to sectors like multi-brand retail, and quick commerce, as it attempts to position itself as a business solutions company, a senior executive told FE. The applications it has deployed so far span inventory management at
A day after announcing plans to increase its investment in India to $100 billion, global private equity giant Blackstone has announced that it will acquire 40% stake in Pune-based Kolte Patil Developers (KDPL). Through its subsidiary BREP Asia III Holding Company, Blackstone will acquire a 14.3% stake (12.6 million shares) in KDPL at Rs 329
