Nilesh Shah, Managing Director of Kotak Mahindra AMC, emphasized in an interview with Moneycontrol that 2025 presents several challenges that could hinder economic growth. He pointed to global issues such as heightened geopolitical tensions, the seco

Investors in select schemes of the former Reliance Mutual Fund, now rebranded as Nippon Life India Mutual Fund, reportedly faced collective losses amounting to nearly ₹1,830 crore due to the fund’s decision to invest in Yes Bank’s Additional Ti

Shares of Power Mech Projects experienced a notable increase of over 5% on January 1, following the announcement of a new order valued at ₹294 crore from Adani Power. This domestic contract encompasses overhauling services, condition assessments, a

India’s financial landscape is poised for a groundbreaking year in 2025 as it potentially sets the stage for the largest Initial Public Offering (IPO) in its history. With a surge in IPO activity and investor confidence, the country's capital marke

Unimech Aerospace, a new entrant on Dalal Street and a manufacturer of aerospace components, is setting its sights on expanding its domestic operations—a significant market opportunity the company is yet to fully tap. The company anticipates better

The deadline for filing an Income Tax Return (ITR) for the financial year 2023-24 was initially set for July 31. For those who missed the original deadline, the revised ITR with late fees was due by December 31. However, the Central Board of Direct T

In a favorable development, Suzlon Energy successfully contested a ₹172.76 crore penalty levied by the National Faceless Penalty Centre of the Income Tax Department. The Income Tax Appellate Tribunal (ITAT) overturned the penalty, which pertained t

The Indian equity markets in 2024 witnessed significant volatility, marked by a sharp correction after a prolonged bull run. The early months of the year were characterized by robust corporate earnings and strong macroeconomic trends, driving the Nif

Foreign portfolio investors (FPIs) have significantly altered their investment strategy in secondary markets. In early December, FPIs invested approximately $1.7 billion in these markets but shifted gears in the latter half, selling around $1.77 bill

ITC is set to transfer ₹1,500 crore in cash and cash equivalents to ITC Hotels, providing significant financial support for growth initiatives and contingency planning ahead of the demerger scheduled to take effect on January 1, 2025. This allocati

International brokerage Citi Research has expressed optimism about Vodafone Idea and Indus Towers, citing the recent waiver of bank guarantees by the Department of Telecommunications (DoT) as a game-changing reform for the telecom sector. The waiver

Shares of Reliance Power Ltd garnered attention on Monday morning after the company disclosed to stock exchanges, BSE and NSE, that its subsidiary, Rosa Power Supply Company, had formalized definitive agreements on December 27. These agreements facil