Indian stock markets tumbled significantly on Friday, with benchmark indices Sensex and Nifty recording considerable dips. The sharp surge in crude oil prices coupled with increasing bond yields rattled investors, leading to a staggering loss of over Rs 5 lakh…
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NSE has reduced its IPO offer for sale to 12.64 crore shares from 14.89 crore shares, with eight shareholders cutting their proposed stake sale. The Rs 22,561 crore IPO will open on September 17, with shares priced at Rs 1,700-1,785.
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Corporate India is entering an investment cycle at a time when capital is becoming more expensive. The National Statistics Office estimates private corporate capital expenditure at Rs 11.44 lakh crore for 2025-26, while companies have indicated Rs 9.55 lakh crore…
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The Delhi High Court has mandated biometric Aadhaar authentication for all Goods and Services Tax registrations. This directive aims to prevent fraudulent registrations and curb significant tax evasion. The court noted continuous fake registrations despite government disclosures on the issue.…
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Indian central bank has finally recognised Unified Fintech Forum (UFF) as the second self-regulatory organisation for the fintech sector, nearly two years after FACE became the first fintech SRO. UFF, formerly Digital Lenders Association of India, had been pursuing the…
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Projected revenue growth in the organized apparel retail market is expected to reach between twelve and thirteen percent this fiscal year. This growth will be fueled by demand for value fashion and geographical expansion into smaller urban areas. Operating margins…
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