Tata Motors, a major player in the Indian automotive industry, has continued to underperform benchmarks Sensex and Nifty in 2025. On February 25, the stock touched a new 52-week low, reflecting a challenging period for the company. However, brokerage firm CLSA remains bullish on the auto stock. ### Tata Motors Share Price Tata Motors’ stock…
Indian tax authorities have singled out Volkswagen as the only automaker to wrongly classify its car imports for 12 years to evade Rs 12,000 crore ($1.4 billion) in taxes, even as rival Kia changed its practice after being warned, according to court papers. ### Background and Allegations Volkswagen, a relatively small player in India’s car…
Domestic carrier IndiGo announced on Wednesday that it will induct three additional Boeing 787-9 planes into its fleet under a damp lease arrangement with Norse Atlantic Airways. This strategic move comes as IndiGo prepares to launch flights to Europe from mid-summer this year. Currently, the Gurugram-headquartered airline operates two widebody Boeing 777 planes, wet leased…
Shares of Indian Railway Catering and Tourism Corporation (IRCTC) have dropped 38% from their 52-week high of ₹1,139, which was touched on May 23, 2024. The stock reached its 52-week low of ₹705.20 on February 25. Despite being a monopoly player in online train ticket booking and railway catering services, the stock has underperformed in…
Shares of Alibaba Group Holding Ltd. (NYSE:BABA) surged 4.3% during the pre-market trading session on Wednesday, following the launch of its video-generation AI model. The stock also climbed on the back of a positive analyst call. ### What Happened Bernstein, a prominent investment management firm, upgraded Alibaba’s stock from ‘market perform’ to ‘Outperform’ and raised…
The Union Budget 2025-26 has made annual incomes up to Rs 12 lakh tax-free. However, this limit can be increased to Rs 17 lakh by availing of certain allowances, provided your company makes adjustments to your salary structure. These allowances, as per the Income Tax Act, are exempt from income tax under the new regime…
In a recent episode of Shark Tank India, an intense exchange unfolded between the investors, known as sharks, and Mohit, the founder of Born Good, a detergent brand. Mohit sought an investment of Rs 70 lakh for 1% equity in his company, valuing it at Rs 70 crore. Despite his impressive credentials, including 14 years…
Nithin Kamath, CEO of online brokerage platform Zerodha, has raised concerns about India’s escalating air pollution levels following New Delhi and Mumbai’s ranking among the world’s costliest cities in terms of property prices. *Rising Property Prices* In a post on social media platform X, Kamath pointed out that cities like Delhi, Mumbai, and Bengaluru have…
Tata Power Ltd announced on Tuesday, February 25th, that it has signed a Memorandum of Understanding (MoU) with the Assam government at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 to develop up to 5,000 MW of renewable and clean energy projects in the state. This ambitious initiative involves solar, wind, hydro, and energy…
Adani Group, led by Chairman Gautam Adani, has announced plans to invest Rs 50,000 crore across various sectors in Assam. The announcement was made during the inaugural function of the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati. The investment will be directed towards the development of airports, aero cities, city gas distribution,…
