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Manipal expresses interest in bidding for Byju’s parent

Ranjan Pai’s Manipal Education & Medical Group (MEMG) has emerged as a potential bidder for Think & Learn, the bankrupt parent of edtech firm Byju’s, people briefed on the developments said. Prospective buyers will have the option to acquire either…

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MCA directs SFIO to probe Anil Ambani Group firms

The Ministry of Corporate Affairs has ordered a probe into Reliance ADAG companies. The Serious Fraud Investigation Office will investigate alleged corporate governance lapses and fund diversion. This follows concerns raised by financial institutions and auditors. The probe will focus…

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India’s cost gap with Vietnam is 8-12%; tariffs must fall for China+1 to succeed: Citi Economist Samiran Chakraborty

India briefly overtook Vietnam in the China+1 wave but lost momentum as tariff barriers rose. Citi’s MD & India Chief Economist Samiran Chakraborty says an 8 – 12 per cent cost gap could derail India’s manufacturing ambitions unless tariffs are…

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JSW Paints to raise ₹3,300cr to fund AkzoNobel India buy

JSW Paints is gearing up to secure ₹3,300 crore via non-convertible debentures, using this vital capital to propel its acquisition of AkzoNobel India. In a bold financial strategy, the JSW Group is also embarking on a grand ₹6,500 crore capital…

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OpenAI is not working on an IPO yet: CFO

OpenAI’s CFO Sarah Friar said an IPO is not planned soon, stressing the focus on scaling operations instead. Her remarks follow reports of a possible $1 trillion listing by 2027. After restructuring into a public benefit corporation, OpenAI seeks partnerships…

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Toyota, Honda turn India into car production hub in pivot away from China

Japanese automakers Toyota, Honda, and Suzuki are investing billions in India to expand manufacturing and export capabilities. This strategic shift aims to reduce reliance on China, leveraging India’s lower costs and favorable market conditions. The move positions India as a…

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Which transactions can trigger notice from Income Tax Department? Know rules for large cash deposits and UPI transfers
Large UPI transfers do not automatically trigger income tax notices, but unexplained bank credits can attract scrutiny. From freelancers to individuals receiving money for others, here's when digital transactions may raise red flags and what records to keep.
Term insurance claim amount rejected after death: Which common mistakes can put your family's payout at risk? List here
Term insurance provides a death benefit to beneficiaries during a fixed policy term, helping families manage debts and future expenses. Here's why a claim can get rejected.
DA hike 2026: No festive relief yet for 1.2 crore employees and pensioners. When will Centre announce the 3% increase?
Central government employees and pensioners face a longer wait for the July 2026 DA hike. The expected 3% increase could raise DA to 63%, boosting salaries and pensions. Here's what the delay means for monthly payments and arrears.
NPS vs mutual funds: Need your retirement savings at 35? Check withdrawal rules, lock-in periods and tax benefits
NPS and retirement-focused mutual funds differ in withdrawal rules, lock-in periods and tax benefits. Investors planning a home purchase, career break or early retirement should understand how much of their savings they can access and when.
Is a two-year slump a reason to sell your mutual fund? How to assess underperformance
A fund’s recent underperformance alone is not a reason to sell. Compare it with its benchmark and peers across several time periods, and assess whether it still fits your portfolio and investment strategy.
Retirement planning: How much should you invest in stocks and mutual funds after 60? Here's what expert suggests
Retirement planning requires balancing equity exposure with income security. Freefincal's M. Pattabiraman suggests limiting equity to 30% for typical retirees while accounting for inflation, market volatility and long-term withdrawal needs.
Last date alert! Income tax audit deadline ends today: Who must file? What happens if you miss the due date?
Tax audit reports for AY 2026-27 are due October 21, 2026, while audited taxpayers’ income tax returns are due November 21. Here's all you need to know to ensure compliance. 
Mutual fund growth vs IDCW plans: Top 5 schemes’ returns compared, NAV differences — What investors should know
Growth and IDCW options handle mutual fund earnings differently, affecting payouts, units held, and NAV. Returns across three equity schemes show similarities, but NAV alone cannot determine which option performs better. 
Senior Citizen Savings Scheme: Have ₹30 lakh to invest? Check your quarterly interest, tax and maturity benefits
The Senior Citizen Savings Scheme offers 8.2% annual interest, allowing retirees to earn ₹61,500 every quarter on a ₹30 lakh investment. Here's how the scheme works, including eligibility, tax implications, maturity benefits and withdrawal rules.
Multi-million dollar deals to clean dirty linen in public: How celebrities make massive fortunes with their memoirs
Publishers pay heavily for celebrity memoirs, which attract readers with intimate accounts of public figures’ lives. Nobody seems interested in reading about someone's ‘happy childhood’.