The newly-launched Securities and Exchange Board of India’s (Sebi) online settlement calculator (beta version) is throwing up new challenges for stakeholders. For example, recently a company changed its mind about settling a case after there was a significant mismatch between the calculator and the internal committee’s assessment of the fine amount. That is, while the
Just a month after reducing India’s overweight to 10% to increase exposure to China, Hong Kong-based brokerage firm CLSA has reversed its stand. The brokerage on Friday decided to go 20% above MSCI weight on India as it “no longer has sufficient conviction to maintain an above benchmark exposure on Chinese equities into 2025”. Interestingly
By Jignesh Shah Infrastructure investment trusts (InvITs) are required by law to distribute 90% of their cash flows to investors, making them ideal for income-seeking individuals. These cash flows are generally backed by stable infrastructure assets with long-term contracts, thereby providing extra comfort to the investors. They also offer capital appreciation potential. If the underlying
With health insurance premiums rising every year, individuals should buy a cover for an extended term —three to five years —to protect against medical inflation. For youngsters, it is especially helpful as they can secure affordable premiums for multiple years and avoid potential hikes as they age. In a multi-year policy, there is no hassle
Quick commerce platforms are eating into the share of small retailers or kirana shops rather than large e-commerce players, said Sahil Barua, CEO of logistics firm Delhivery, at a post-earnings call on Friday. A large chunk of Delhivery’s revenue — 62% in FY24 — comes from express parcels shipments largely by e-commerce firms. “This isn’t
By Krishna Barot Despite a turbulent year for major Indian spice manufacturers, projections for the country’s spice exports indicate significant growth for the sector in the coming years. According to Ramkumar Menon, Chairman of the World Spice Organisation (WSO), Indian spice exports are set to achieve an export target of USD 4.7 billion for FY
India’s public procurement portal Government e-Marketplace (GeM) has facilitated sales of around Rs 3 trillion so far in the current financial year, which suggests that it will surpass last year’s performance by a wide margin. In 2023-24 the portal handled procurement of Rs 4 trillion by the government departments in both centre and states, and
By Neeraj Agarwala I am planning to take an education loan for my son’s higher education in a management institute in Mumbai. What tax benefit will I get? Arvind Kumar Sharma When you take an education loan for your son’s higher education, you can claim a tax deduction under Section 80E of the Income Tax
EV cab aggregator BluSmart has denied reports of being in discussions or negotiations with Uber regarding a possible acquisition. A spokesperson from BluSmart told CNBC TV18 that reports suggesting such a development are entirely speculative and unfounded. The company spokesperson further maintained that BluSmart remains focused on scaling its operations, expanding its footprint, and driving
Welspun Corp Ltd on Monday announced that it has received a new order worth Rs 2,400 crore (approx) in the US. The order, it added, is for supply of coated pipes for Natural Gas Pipeline Projects in the USA. In a regulatory filing, the company said that the orders will be executed largely during FY26
All eyes are on the market levels this week after the Nifty failed to close above 22,500 last week. Positive global cues are expected to boost sentiment. Market participants have noted that the Nifty 50 needs to jump above the 22,500 mark decisively for an uptrend as this has become a key resistance level while
For stock market investors, few things are as exciting as corporate rewards such as dividends landing in their accounts, extra shares through bonuses, or stock splits making pricey stocks more affordable. And this week, there is a lot happening on that front. Some of the most watched stocks include Indian Railway Finance Corporation (IRFC), Power
The IPO market is back in action. After a relatively quiet spell, the primary market is heating up again with four new public issues set to open for subscription this week. Investors can look forward to one mainboard IPO and three SME IPOs hitting the Street, while two recently concluded issues will make their market
