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SIP Calculator: Turn your SIP investments into Rs 1 cr with this simple strategy

Do you often keep contemplating the amount needed to save in order to become a crorepati? There is no need for concern; achieving this goal is within your reach. Various strategies exist to accumulate one crore or even more over an extended period. Whether your target is accumulating a corpus of Rs 1 crore, Rs

Bridging Efficiency and Sustainability with Industry 4.0 in India’s Manufacturing Journey

By Bharat Gite India’s manufacturing sector stands at a pivotal juncture today. We aim to increase the sector’s GDP contribution to 25% by 2025. Simultaneously, a powerful convergence of Industry 4.0 technologies and ESG requirements is reshaping the industry.  For manufacturers in India, this shift is not optional any more. It is a strategic necessity

Indian apparel exporters to report revenue growth of 9-11% in FY25, capex spends to increase too in FY25 and FY26

Indian apparel exporters are expected to register a revenue growth of 9-11 per cent in FY2025, stated a report by ICRA. This, it added, will primarily be driven by the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to India, a part of the de-risking strategy adopted

Shoppers Stop reports Q2 loss at Rs 20.59 crore on subdued demand, revenue up 7.3% YoY

Shoppers Stop Ltd announced its fiscal second quarter earnings with a loss of Rs 20.59 crore in comparison to a profit of Rs 2.73 crore recorded during the corresponding quarter of FY24, due to subdued demand. It posted revenue from operations at Rs 1,114.87 crore, up 7.3 per cent as against Rs 1,039.12 crore during

Nifty may bounce back to 25,000 mark in near term says Religare Broking

By Ravi Singh Nifty October futures are currently trading at a 50 point premium. The Nifty is continuing to trade in a range of 24,500-25,000. We have seen a further downfall in the FIIs long ratio which is now at 33%. Furthermore we saw an extended selling by FIIs in the cash segment as they

Bajaj Finance shares up 6% on stable Q2; stock 10% away from all-time high

Bajaj Finance shares rallied 6.1% to an intraday high of Rs 7,088 after it reported stable Q2 earnings numbers. Also, Bajaj Finance was the top gainer in the Nifty 50. The stock is now 10% away from its 52-week high of Rs 7,884.90, which it touched on, coincidentally, October 23, 2023.  On October 22, the

Godavari Biorefineries IPO: 4 Key risks to watch before you decide to subscribe

Godavari Biorefineries IPO opens on October 23 and will close on October 25. The company aims to raise Rs 554.75 crore through the issue. The IPO has been subscribed 0.07 times as of 11:25 am on October 23. Here are key risks associated with the issue that investors should consider before deciding to subscribe Consolidation of raw

Jharkhand Elections 2024: BJP leaders, including ex-MLAs Lois Marandi, Kunal Sarangi, switch to JMM weeks before polls

In a setback for Bharatiya Janata Party (BJP), several BJP leaders, including three former MLAs, switched to the ruling Jharkhand Mukti Morcha (JMM) just weeks before the upcoming Jharkhand Assembly elections. On Monday, former legislators Lois Marandi, Kunal Sarangi, and Lakshman Tudu made the move to join JMM. This shift follows closely on the heels

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March 2025 Tax Alert: Miss these deadlines and you could lose exemptions, face fines

March 31 is the last day of the financial year, which is considered a very important date for taxpayers and investors. If you have not yet made the necessary investments to save tax or some important financial work is pending, then it is very important to settle them this month. Whether it is taking advantage

Loan Against Mutual Funds: How it works & what you should know

Investing in mutual funds can significantly contribute to wealth accumulation over time. Interestingly, these investments can also serve as collateral for securing a loan. Lenders may consider your mutual fund holdings as a guarantee, allowing you to obtain loans at competitive interest rates. Prior to approving the loan, lenders will evaluate the value of your

Paytm Money receives SEBI nod to offer research services, shares surge

Shares of One 97 Communications Ltd, the parent company of Paytm, surged up to 7.54 per cent at 11:30 am on Tuesday to a trading price of Rs 740.75 after its subsidiary Paytm Money received green light from the Securities and Exchange Board of India (Sebi) to offer services as a research analyst. With this

Heatwave fuels growth for AC Industry- 3 key factors watch now

The heatwave may not be good news for you but the AC industry is rejoicing… It is expected to deliver robust volume-led growth in Q4FY25 on the back of early onset of the summer coupled with aggressive channel stocking.  The Indian Meteorological Department has predicted above-normal number of heatwave days in most parts of the

Bajaj Finserv slips 2%; Bajaj Group buys out 26% Allianz stake in insurance JV

Bajaj Finserv’s share price fell 1.8% to an intra-day low of Rs 1,837. The stock was the major loser in the Nifty 50. The fall in share price came after Bajaj Group signed a share purchase agreement with Allianz SE to buy out its stakes in the joint ventures.  The company will acquire a 26%