Blog - Advisors India

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MC Pro Quick Take | Infosys Q4 FY24: Disappointment continues except for strong order bookings

Order inflows continued to remain strong and was the lone redeeming feature of the earnings report

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Bombay HC temporarily restrains Cognizant from using trademark logo identical to Atyati Tech

Before the court passed its order, Atyati Technologies argued that last year in October, the company was surprised to learn that the defendant (Cognizant Technology) was offering almost identical services relating to IT infrastructure, etc.

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Kotak Mutual Fund files draft document with Sebi for special opportunities fund

The minimum application amount for lumpsum, SIP, and additional purchase investments will be Rs 100, and any amount thereafter. The minimum redemption amount for all plans will be Rs 1,000 or 100 units or account balance, whichever is lower.

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Numax Realcom to invest Rs 1,000 crore in developing a township in Muzaffarnagar

Numax Realcon Consortium, a Delhi-based real estate developer, is set to invest Rs 1,000 crore in developing an integrated township in Muzaffarnagar, Uttar Pradesh. The project has received approval from the Muzaffarnagar Development Authority, allowing the construction of various facilities…

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Tesla’s Musk likely to unveil USD 2-USD 3 bn India investment during visit, sources say

India’s EV market is small but growing and dominated by local carmaker Tata Motors. EVs made up just 2% of total car sales in 2023, but the government is targeting 30% of new cars to be EVs starting 2030.

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NSE to launch Nifty Next 50 index derivatives this month, gets SEBI nod

The Exchange will offer a cycle of three serial monthly index futures and index options contracts. These cash-settled derivatives contracts will expire on the last Friday of the expiry month.

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Earning FD interest? Why you should submit Form 121 — TDS provisions explained
A bank deducts 10% TDS if the interest payable on a customer’s fixed deposit exceeds ₹50,000 ( ₹1 lakh for senior citizens) in a financial year. A customer must submit Form 121 to avail a TDS exemption. However, interest must still be declared at the time of filing the ITR.
SpaceX surges past $2 trillion in Nasdaq debut: How much your ₹5 lakh investment could be worth by 2030
SpaceX's IPO valued the company at $2 trillion, making it the sixth-largest U.S. company and turning Elon Musk into the first trillionaire. Investors are optimistic about its potential but face volatility as SpaceX is unprofitable with a price-to-revenue ratio of 112.
29-year-old laid-off MNC employee with ₹5 crore net worth asks: ‘Should I be satisfied…?’
The Redditor shared that his personal net worth stands between ₹5 crore and ₹6 crore, while his wife's assets are worth approximately ₹2 crore. He added that his wife, who earns ₹40,000 per month, has reassured him that she would stand by him during this period.
One EMI, better control: How debt consolidation improves financial discipline and repayment management
Are you drowning in multiple EMIs? Debt consolidation can simplify repayments, improve cash flow, reduce missed payments, strengthen financial discipline, and help borrowers build healthier long-term debt management habits.
5 powerful money lessons I learned from the world’s first trillionaire, Elon Musk
Elon Musk faced severe challenges in 2008 with SpaceX and Tesla but remained dedicated to his long-term vision. Similarly, consistent investments create more wealth than chasing quick gains, highlighting the importance of a long-term approach to investing.
HDFC AMC data breach: Reset password, watch for SIM-swap - What you should do? What it means for your MF Investments?
HDFC AMC has confirmed a data breach. Your mutual fund investments are safe, but your personal data may be at risk. Here is what investors must do now.
Bank holiday today, June 13: Are SBI, HDFC Bank, and other banks closed on Saturday?
 Banks across India are closed on specified holidays, including second and fourth Saturdays and Sundays. Online banking remains operational during these closures for uninterrupted access to financial services.
Why let gold sit idle? Here's how gold leasing can help investors earn returns
Indian households often see gold as a wealth store, kept untouched for years. Gold leasing allows owners to lend their gold for interest while retaining ownership. Details here.
Advance tax deadline on June 15: Who should pay, who is exempt and do senior citizens need to pay?
The first advance tax instalment deadline for FY 2026-27 is June 15, 2026. Here's who should pay, who is exempt and do senior citizens need to pay?
Govt flags AI-driven identity fraud risks in banking, fintech sector: What you can do to protect your money
The central government has warned that deepfakes and synthetic identities are increasingly being used to target digital verification systems. Banks and fintech firms have been asked to strengthen onboarding and fraud-detection frameworks.