Yes Bank has received a ₹2,209 crore demand notice from the Income Tax Department for the assessment year 2019-20. The reassessment order, issued by the National Faceless Assessment Unit on March 28, 2025, did not include any new disallowances or additions, leaving the grounds for reassessment unsubstantiated. Despite this, the demand notice includes ₹243.02 crore…
Tata Motors is set to make a significant entry into the electric two-wheeler market with the launch of its highly anticipated electric scooter. Scheduled for release in 2025, this eco-friendly vehicle promises a range of up to 200 kilometers on a single charge, coupled with advanced features designed to redefine urban commuting. The scooter is…
In a significant development, the Adani Group has fully restored electricity supply to Bangladesh after the country resumed payments for power dues. The supply, which had been halved in November 2024 due to unpaid bills, has now returned to full capacity, easing the risk of blackouts during the sweltering summer months. The Adani Power plant…
Dilip Buildcon Ltd. witnessed a significant surge in its share price, climbing nearly 6% to ₹481.20 during Thursday’s trading session, after securing a ₹2,631.14 crore contract from Bharat Sanchar Nigam Ltd. (BSNL). The contract, awarded under the BharatNet Phase-III project, aims to enhance broadband connectivity in Jammu & Kashmir and Ladakh, marking a major milestone…
Adani Energy Solutions Ltd. (AESL), formerly known as Adani Transmission, witnessed an impressive 8% jump in its share price on March 27, 2025, following the announcement of its acquisition of Mahan Transmission Ltd. (MTL). The strategic move is expected to bolster AESL’s position as India’s leading private transmission company. The acquisition was finalized through a…
Aditya Birla Capital has identified a promising investment opportunity in Jash Engineering, a small-cap multibagger stock that has already delivered an extraordinary 2,650% return over the past five years. Despite this impressive rally, analysts at Aditya Birla Capital believe the stock has a strong runway for growth, projecting a 30% upside with a target price…
In a landmark move to bolster India’s defence capabilities, the Ministry of Defence (MoD) has signed contracts worth ₹6,900 crore with Bharat Forge Limited and Tata Advanced Systems Limited. The agreements, announced on March 26, 2025, aim to modernize the Indian Army’s artillery regiments and enhance operational readiness. Key Highlights of the Deal Boost to…
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…
