Business

In an exclusive interview, Nithin Kamath, the founder and CEO of Zerodha, shared his candid views on the challenges of stock market investing. Speaking to Financial Express, Kamath emphasized that the stock market is not a quick route to wealth, stating, “The stock market is the toughest place to make easy money.” He advised retail…

The renewable energy sector witnessed mixed trends on March 26, with key players like Waaree Energies, Adani Green Energy, Suzlon Energy, and ACME Solar showing varied performances in the stock market. Waaree Energies Waaree Energies’ share price declined by 1.79%, closing at ₹2,397.15 on the National Stock Exchange. The company’s market capitalization stood at ₹68,866.09…

In a significant setback for the food delivery giant Zomato, the company has reported a staggering loss of Rs 12,500 crore in market value. This decline comes amidst heightened competition in the quick commerce sector and ahead of the anticipated Initial Public Offering (IPO) of Zepto, a Bangalore-based startup. Zomato’s shares plummeted by 6%, closing…

Bengaluru: Ola Electric Mobility witnessed a 4% rise in its share price during Tuesday’s trading session after the company announced the resolution of a legal dispute with the Rosmerta Group. The Rosmerta Group, a supplier to Ola Electric’s wholly owned subsidiary, Ola Electric Technologies Private Limited, has withdrawn its petitions filed with the National Company…

Mumbai: IndusInd Bank’s stock witnessed a sharp decline of over 5% on Tuesday after the private lender disclosed a ₹30.15 crore penalty imposed by the Joint Commissioner of CGST & Central Excise, Thane Commissionerate. The penalty, related to various Goods and Services Tax (GST) compliance issues, has added to the bank’s ongoing financial challenges. The…

Bengaluru: Quick commerce unicorn Zepto is gearing up for a $250 million secondary share sale as part of its strategy to increase Indian investor ownership ahead of its anticipated initial public offering (IPO) later this year. The move aims to raise the proportion of Indian shareholders from the current 33% to approximately 50%, aligning with…

New Delhi: In a significant development, India’s tax authorities have issued a $601 million (₹5,156 crore) tax demand against South Korean electronics giant Samsung for alleged tariff evasion on telecom equipment imports. This marks one of the largest tax demands in recent years, highlighting India’s intensified scrutiny of foreign companies operating in the country. The…

New Delhi: India’s economy is poised for steady growth, with GDP projected to expand by 6.5% in the fiscal year 2025-26, according to a recent report by S&P Global Ratings. The forecast highlights the resilience of India’s domestic demand despite global economic uncertainties, including rising US tariffs and a pushback against globalization. The report attributes…

India is poised to play a pivotal role in global trade expansion over the next five years, contributing an estimated 6% to worldwide trade growth, according to the DHL Trade Atlas 2025 report. This positions India as the third-largest driver of trade growth, following China at 12% and the United States at 10%. The report…

A recent report highlights how the United States’ tariff policies could serve as an opportunity for India to strengthen its domestic industries and focus on self-reliance. Despite challenges such as rising costs, exchange rate fluctuations, and potential losses in exports, the report suggests that India can leverage these trade tensions to boost local production and…

Apple Inc. has announced the launch of a $99 million (720 million yuan) clean energy fund in China, marking a significant step toward its goal of transitioning its global supply chain to 100% renewable energy by 2030. The announcement coincided with CEO Tim Cook’s visit to Beijing, underscoring the company’s commitment to sustainability and innovation….

The Indian IPO market is gearing up for a revival in 2025, with major players like LG Electronics India, Meesho, Tata Capital, and NSDL leading the charge. After a subdued start to the year, these high-profile public offerings are expected to inject fresh energy into the market. LG Electronics India is set to make its…

Mukesh Ambani, Chairman of Reliance Industries, has unveiled a groundbreaking initiative to disrupt the cloud storage market dominated by global tech giants like Google, Microsoft, and Apple. Reliance Jio has introduced an AI-powered cloud storage service, offering up to 50GB of free storage to its prepaid and postpaid customers. This bold move directly challenges Google’s…

In a remarkable display of customer-centric leadership, Nithin Kamath, CEO of Zerodha, turned a potential setback into a valuable lesson in customer acquisition. The story unfolded when Bengaluru-based product manager Sachin Jha was compelled to close his Zerodha account due to a compliance mandate from his wife’s employer, a global investment bank. The bank deemed…

India’s smartphone manufacturing sector has achieved a significant milestone, recording a 6% year-on-year growth in 2024, according to Counterpoint’s ‘Make in India’ Service report. This growth has been largely fueled by the rising exports of Apple and Samsung, which together accounted for an impressive 94% of India’s smartphone exports. Key Drivers of Growth The Indian…

India is poised to make significant strides in global trade, contributing 6% to the world’s trade growth over the next five years, according to the latest DHL Trade Atlas 2025 report. This positions India as the third-largest driver of global trade growth, following the United States at 10% and China at 12%. Rapid Trade Expansion…

Adani Energy Solutions Ltd (AESL) has announced a significant milestone in India’s renewable energy journey by securing a ₹2,800 crore power transmission project in Gujarat. The project, aimed at facilitating the production of green hydrogen and ammonia, underscores AESL’s commitment to advancing sustainable energy solutions. Project Details The initiative, officially titled “Transmission System for Green…

Mumbai’s vibrant culinary scene has a new star, and it’s catching the attention of none other than Anand Mahindra, Chairman of Mahindra Group. The business tycoon recently revealed his favorite cafe in South Mumbai—ARAKU, a unique establishment with deep roots in Andhra Pradesh. A Blend of Heritage and Innovation Located at Sunny House, Mandlik Road,…

India’s Rs 10 soft drink market is witnessing an unprecedented surge in competition, fueled by Mukesh Ambani’s Campa Cola and rival brands like Pepsi, Coca-Cola, and Amul. As summer approaches, the demand for affordable beverages among middle-class consumers is driving innovation and aggressive pricing strategies across the industry. The Rs 10 Price War Reliance Consumer…

Brokerage firm Prabhudas Lilladher has issued a bullish outlook on InterGlobe Aviation (IndiGo), recommending a “Buy” rating with a target price of ₹5,861. This projection reflects confidence in the airline’s growth trajectory, supported by its ambitious expansion plans and robust financial performance. Key Highlights from the Analysis: Financial Outlook: The brokerage highlights IndiGo’s strong financial…

Ola Electric’s share price has been making headlines recently, showing signs of recovery after a significant decline. The stock, which hit a 52-week low of ₹46.37 per share, has rallied by approximately 15% in the past week. However, it remains 65% below its all-time high of ₹157.40 per share, raising questions about its investment potential….

As the income tax filing season for the assessment year 2025-26 approaches, salaried employees are eagerly awaiting their Form 16—a crucial document for filing Income Tax Returns (ITR). Employers are required to issue Form 16 by June 15, 2025, following the conclusion of the financial year 2024-25. This certificate provides a detailed summary of salary…

Working at Google is a dream for many, but transitioning out of the company comes with its own set of guidelines. Like most global organizations, Google has a structured notice period policy and specific rules that employees must adhere to even after leaving the company. Notice Period at Google The notice period at Google typically…

Namita Thapar, Executive Director of Emcure Pharmaceuticals and a prominent judge on Shark Tank India, has sparked a thought-provoking debate on work-life balance with her candid advice to professionals working 70-hour weeks. Speaking on the Humans of Bombay podcast, Thapar urged individuals with demanding schedules to reconsider commitments like marriage and parenthood, citing the potential…

Nithin Kamath, the founder and CEO of Zerodha, has revealed that the company’s zero brokerage policy on equity delivery trades has saved investors an estimated ₹2,000 to ₹20,000 crore over the past decade. This milestone, achieved since the policy’s introduction in December 2015, underscores Zerodha’s commitment to cost-conscious investing and its transformative impact on India’s…

The Indian government has decided to let its ambitious $23 billion Production-Linked Incentive (PLI) scheme lapse, just four years after its launch. The program, aimed at boosting domestic manufacturing and reducing reliance on China, will not be extended beyond the 14 pilot sectors, according to government officials. Background and Objectives Launched in 2020, the PLI…

Tata Capital, the financial services arm of the Tata Group, is gearing up for its highly anticipated initial public offering (IPO), estimated to be worth over ₹15,000 crore. According to reports, the company is likely to file its draft papers with the Securities and Exchange Board of India (SEBI) through the confidential pre-filing route by…

Adani Energy Solutions Ltd (AESL), India’s largest private transmission company, witnessed a significant rise in its share price, climbing nearly 4% on March 21, 2025. The surge followed the announcement of the company’s latest achievement—a ₹2,800 crore power transmission project in Gujarat, aimed at supporting the production of green hydrogen and green ammonia. Project Details…

The US Federal Reserve has decided to maintain its benchmark interest rate in the range of 4.25% to 4.50%, signaling a cautious approach amid persistent inflation and slowing economic growth. This decision, announced during the Federal Open Market Committee (FOMC) meeting on March 19, 2025, has sparked discussions about its potential impact on global markets,…

IndusInd Bank, one of India’s leading private sector banks, has recently come under scrutiny following the revelation of significant derivative losses amounting to ₹1,577 crore. This financial discrepancy, which accounts for 2.35% of the bank’s net worth, has raised serious concerns about transparency, governance, and risk management within the institution. What Led to the Fiasco?The…

Months after the passing of Ratan Tata, Noel Tata has announced a monumental investment of ₹91,000 crore to develop India’s first smart industrial city in Dholera, Gujarat. This ambitious project is set to transform the region into a global hub for advanced manufacturing and technology. The Tata Group, under Noel Tata’s leadership, will establish a…

The shipbuilding sector is witnessing a remarkable rally, with shares of Garden Reach Shipbuilders & Engineers (GRSE), Cochin Shipyard Limited (CSL), and Mazagon Dock Shipbuilders Limited (MDL) surging by up to 28% over the past two trading sessions. This surge comes amid strong trading volumes and renewed investor interest in the sector. The rally has…

NCC Limited, a prominent player in the infrastructure sector, witnessed a significant 6% rise in its share price on Thursday, March 20, 2025. The surge came after the company announced that it had received a Letter of Acceptance (LoA) for a major infrastructure development contract worth Rs 2,129.60 crore from the Andhra Pradesh Capital Region…

In a groundbreaking move, Google has announced its acquisition of Wiz, a leading cloud security platform, for a staggering $32 billion in an all-cash transaction. This deal marks Google’s largest acquisition to date, surpassing its 2011 purchase of Motorola Mobility for $12.5 billion. The acquisition is expected to bolster Google’s cloud security capabilities and strengthen…

In a significant move to enhance the security of digital payments, the National Payments Corporation of India (NPCI) is reportedly in discussions to eliminate the ‘pull transaction’ feature from the Unified Payments Interface (UPI). This decision comes in response to rising incidents of digital fraud, which have been linked to the misuse of this feature….

Shares of food delivery giant Zomato witnessed a sharp 6% rise during intraday trading on March 18, 2025, despite reports of a potential revival of an old insolvency plea against the company. The stock was trading at ₹216.35 on the Bombay Stock Exchange (BSE), reaching an intraday high of ₹216.50, showcasing investor confidence in the…

In a bid to make high-speed internet accessible to all, leading broadband providers in India—Reliance Jio, Bharti Airtel, and BSNL—are offering affordable Wi-Fi plans under ₹500 per month. These plans cater to a wide range of users, from casual browsers to heavy streamers, ensuring reliable connectivity without breaking the bank. Reliance Jio: ₹399 Plan Reliance…

As the deadline for filing Income Tax Returns (ITR) for the financial year 2024-25 approaches, taxpayers are faced with the critical decision of choosing between the old and new tax regimes. Both options offer distinct benefits and drawbacks, making it essential for individuals to evaluate their financial situations before making a choice. Understanding the Old…

The Indian Renewable Energy Development Agency (IREDA) has announced a significant enhancement in its borrowing limit for FY 2024-25, aiming to strengthen its financial base and support its renewable energy lending operations. The move comes as the company’s shares witnessed a 5% surge on March 18, 2025, following a year-to-date (YTD) slump of 35%. Key…

As India aspires to become an $8 trillion economy by 2035, Infosys co-founder Nandan Nilekani has outlined four critical “unlocks”—technology, capital, entrepreneurship, and formalization—that could propel the nation toward this ambitious goal. However, experts suggest that the Modi 3.0 government may face significant hurdles in implementing these transformative measures. The Four Unlocks: Challenges for Modi…

The renewable energy and power equipment sectors are witnessing significant momentum as the Indian government intensifies its focus on achieving the ambitious target of 500GW renewable energy capacity by 2030. Leading brokerage JM Financial has provided insights into stock price targets for key players in the sector, including Suzlon Energy, BHEL, Tata Power, NTPC, and…

IIFL Finance, one of India’s leading non-banking financial companies (NBFCs), has announced its plan to raise ₹700 crore through non-convertible debentures (NCDs) on a private placement basis. The decision was approved by the Finance Committee of the Board of Directors on March 13, 2025, as per the company’s regulatory filing. The fundraising initiative involves the…

The stock market witnessed a notable surge in the shares of key oil and gas companies, including Mangalore Refinery and Petrochemicals Limited (MRPL), Chennai Petroleum Corporation, Oil India Limited (OIL), Oil and Natural Gas Corporation (ONGC), and Adani Total Gas. These stocks climbed by up to 6% during intraday trading, reflecting positive momentum in the…

State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has announced an ambitious plan to install 1 lakh 4G towers across India by mid-2025. This initiative aims to enhance its network infrastructure and compete with private telecom giants Reliance Jio and Bharti Airtel. The expansion is part of BSNL’s broader strategy to improve service quality and…

India’s retail inflation, as measured by the Consumer Price Index (CPI), eased to a 7-month low of 3.61% in February 2025, according to data released by the Ministry of Statistics and Programme Implementation. This marks a significant decline from 4.26% in January, providing relief to consumers amid ongoing economic fluctuations. Key Drivers of Decline The…

Shares of Rail Vikas Nigam Limited (RVNL) witnessed a 2.8% surge on the stock market following the announcement of a significant contract win worth ₹554.64 crore. The project involves the development of a road infrastructure project at Visakhapatnam Port, further solidifying RVNL’s position as a key player in India’s infrastructure sector. Project Details The contract,…

India has achieved a significant milestone in its energy sector by saving $5.43 billion (₹42,315.7 crore) in foreign exchange during the April-December 2024 period. This achievement comes as a result of a notable 8.4% decline in coal imports, driven by a surge in domestic coal production, according to the Ministry of Coal. Key Highlights: Government…

In a groundbreaking move, Reliance Jio has announced a strategic partnership with Elon Musk’s SpaceX to bring Starlink’s high-speed satellite internet services to India. This collaboration aims to enhance digital connectivity across the country, particularly in remote and underserved regions. Expanding Digital Horizons The partnership will integrate Starlink’s satellite-based broadband technology into Jio’s existing broadband…

New Delhi: The Life Insurance Corporation of India (LIC) offers a range of pension schemes designed to provide financial security during retirement. Among these, the single-premium pension plans have gained significant attention for their simplicity and long-term benefits. By making a one-time investment, individuals can secure a monthly pension of ₹12,000 for life, ensuring a…