Focus on the small finance banking space. Nuvama Institutional Equities initiated its coverage on Jana Small Finance Bank with a ‘Buy’ rating. The brokerage firm sees an upside of 43% at a target price of Rs 600 from its current market price of Rs 419. Nuvama initiated coverage on the stock as it finds the
For the second time in a row, Reserve Bank of India (RBI) Governor Sanjay Malhotra has announced a cut of 25 basis points, i.e. 0.25%, in the repo rate, the interest rate at which the central bank lends money to commercial banks. This decision was taken after a three-day meeting of the Monetary Policy Committee
Tata Consultancy Services (TCS), Accenture, and Infosys have secured the top three positions on LinkedIn’s 2025 Top Companies list for India, according to a report released by the professional networking platform. The annual list identifies 25 large companies that offer professionals strong career growth opportunities based on user activity on LinkedIn. Cognizant also made it
Competition in the food delivery business is gaining traction. With both entities listed now, Zomato and Swiggy are neck and neck not just in food delivery but also in corporate initiatives, investor portfolios and more. Zomato, now Eternal, has taken the rebranding route while Swiggy on the other hand is focused on features. Let’s take
Income tax returns (ITRs) for AY 2025-26 (financial year 2024-25) finally started, with almost a two-month delay, on May 30, 2025. The Central Board of Direct Taxes (CBDT) on May 30 released two Excel-based utilities for ITR-1 and ITR-4 filers. Usually, the government makes online and offline ITR utilities available in the second or third
US President Donald Trump increased the tariffs on steel and aluminium, and the increased 50 percent tariffs would be effective from June 4. The increase in tariffs on steel and aluminium could have a major impact on Indian companies, as India exports about $4.6 billion worth of iron, steel, and aluminium products every year to
The Nifty Metal index hammered 1.6% to the 9,047.95 level on Monday after the US President Donald Trump said that he would double the import duty on steel imports, implying this Wednesday. On Friday, Trump announced to raise the tariffs on steel imports to 50%. He was addressing a rally at a US steel plant
Housing sales in India’s top 15 tier 2 cities dropped by 8% year-on-year in the first quarter of 2025, according to a report by real estate data analytics firm PropEquity. A total of 43,781 units were sold in Q1 2025 compared to 47,378 units in Q1 2024. However, despite the dip in volume, sales value
The board of beleaguered telco Vodafone Idea (Vi) has approved another round of fund raise amounting to Rs 20,000 crore, while the operator’s net loss widened sequentially in the March quarter. In an exchange filing late on Friday night, Vi informed the exchanges that subject to shareholder approval and/or other requisite regulatory/statutory approvals, the firm
