In the 2020s, AI became integral to many business processes globally. AI-powered tools like ChatGPT (developed by OpenAI) and Google Assistant revolutionized everyday applications, from customer service to creative industries. As much as AI has helped people across the world, it is likely to cause a dent in information technology companies’ revenues in 2025. Earnings
2024 has been a year of IPOs. More than 300 IPOs – both SME and mainboard included – raised a whopping 1.8 lakh crore, an all-time high record. The last time Indian IPOs set a lifetime high by raising Rs 1.3 lakh crore in CY21. Here’s a of five mainboard IPOs that gave the highest
2024 has been about IPOs but for the stock markets did have their share of glory too. From new highs to record inflows, you saw it all in 2024. The major stock indices – the Sensex and Nifty 50 – rose by around 8 per cent over the past year, marking their ninth consecutive year
In a relief for taxpayers, the government has extended the deadline of Vivad Se Vishwas Scheme 2024 until January 31, 2025. This scheme’s second phase was announced in the Union budget in July 2024 to help taxpayers settle an ongoing dispute by paying a lower income tax. The Direct Tax Vivad Se Vishwas Scheme was
While Finance Minister Nirmala Sitharaman is all set to table the Union Budget 2025-26 on February 1, 2025, Deloitte maintained that the government is expected to introduce measures that would help boost private consumption going forward. If the slowdown of private consumption continues, it will further delay the revival of the private capex cycle and
Rossell Techsys Ltd., a leader in aerospace and defence solutions, is on a strategic growth trajectory as it positions itself for expansion into new sectors and geographies. Known for its expertise in designing, developing, and manufacturing high-performance assemblies and systems integration, the company is now setting its sights on the rapidly growing space and energy
As the year 2024 is going to wrap up, many in the financial world might be wondering if the IPO fever will continue into 2025. The year 2024, made many excitement in India’s IPO market with massive listings such as Hyundai Motor India, Bajaj Housing Finance, and Ola Electric setting new records. But without a
The new year starts with a bang. The ITC demerger will become effective tomorrow- January 1, 2025, and the record date has been fixed on January 6, 2025. That day the ITC stock goes ex-demerger. What does it all mean for ITC shareholders? Will existing shareholders get ITC Hotel stocks and how many? Also are
Co-working player Smartworks has leased 480,000 sq ft in a DLF property in Gurgaon at an annual rent of Rs 94.68 crore for six years. The space is located in DLF Commercial Building Block -3 in DLF City-Phase 5, Gurgaon, according to data accessed by Propstack. Also ReadQ3 Update: Hindustan Zinc’s mined metal production stands
By Krishna Barot The Gujarat government’s bid to establish itself as a semiconductor hub may have succeeded in attracting big-ticket investments but have thus far found few takers amongst the MSME sector. Industry insiders attribute this lack of enthusiasm amongst MSMEs to the stiff conditions set by the government which are proving to be a deterrent
Ketan Parekh, who was debarred by the Securities and Exchange Board of India (SEBI) two decades back after his conviction in the infamous stock market scam 2000, is back in the market regulator’s bad books. On Thursday, in an interim order, SEBI debarred Parekh, Singapore-based Rohit Salgaonkar and 20 other entities, besides impounding Rs 65.77
At a time when market experts have been advising investors to prune returns’ expectations from 2025, the benchmark indices’ 2.3% surge in the first two days has raised hopes that the stock market may deliver strong returns this calendar year. Market experts, however, aren’t impressed, pointing out that the fundamental concerns of expensive valuations, earnings
The Indian stock market has been going through tough times, but the good news is that retail investors have continued to invest in systematic investment plans (SIPs), says Radhika Gupta, MD & CEO of Edelweiss Asset Management Company. Gupta tells Akshata Gorde that the SIP book, currently at Rs 25,000 crore a month, will rise
