Maruti Suzuki India’s board has approved a significant Rs 4,960 crore investment. This will fund land acquisition and expansion of manufacturing capacity in Gujarat. The company plans to add up to 1 million units to its production. This expansion is…
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India’s Q3 earnings season is set to deliver the strongest profit growth in two years. Brokerages forecast a sharp turnaround after six quarters of disappointing results. Financials and autos are expected to lead the gains. However, export-facing sectors face headwinds.…
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A Supreme Court ruling impacts shareholders in company mergers. Those receiving new shares via share-swap may face taxes on gains, even without selling. This applies if their old shares were considered ‘stock-in-trade’. The difference in value between old and new…
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Indian equities experienced a significant slump on Monday, with the Sensex and Nifty extending their selloff and erasing nearly Rs 17 lakh crore in market value. Investor unease stems from uncertainty surrounding U.S. tariff policy and global geopolitical events, prolonging…
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Adani Group will invest Rs 1.5 lakh crores in Kutch over the next five years. This significant investment will boost India’s position as a global investment hub. The group plans to complete its Kavda renewable energy project by 2030 and…
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Prime Minister Narendra Modi will meet German Chancellor Friedrich Merz in Ahmedabad. Discussions will cover trade, investment, technology, and defence. The leaders will also address global challenges and peace in Ukraine. Germany is a key European partner for India. The…
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