Blog - Advisors India

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Juniper Green Energy sets price band for Rs 1,800-cr IPO at Rs 214–225

Juniper Green Energy has fixed its initial public offering price band. The company’s IPO will be open for subscription from July 30 to August 3. This offering comprises entirely fresh equity shares with no offer for sale component. Proceeds will…

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India's IPO market to stay resilient with over 70 firms awaiting SEBI clearance: Report

India’s IPO activity has continued to stay resilient with 175 companies currently holding valid SEBI observations for their draft IPO papers and another 70 firms awaiting regulatory clearance, as per a report by Equirus.

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Nykaa appoints ex-Instamart COO Ankit Jain to lead quick commerce business

Nykaa appoints former Swiggy Instamart COO Ankit Jain to lead Nykaa Now, aiming to expand its 30-minute delivery service nationwide by FY30.

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Salad Days appoints Parthsarthi Gupta as CFO ahead of fundraise

Health conscious food brand Salad Days has appointed Parthsarthi Gupta as chief financial officer as it prepares for its next fundraising round over the next 9 to 12 months.

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IndiGo parent InterGlobe Aviation appoints Kiran Thadimarri as CFO; Gaurav Negi takes advisor role

InterGlobe Aviation announced a significant finance leadership change on Monday. Kiran Thadimarri will assume the Chief Financial Officer role starting July twenty-eighth. Current CFO Gaurav Negi transitions to Advisor to the Managing Director. Thadimarri brings over twenty-four years of extensive…

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Govt approves RBI's trials of ₹10, ₹20 polymer notes; no plan to replace paper currency

The government has approved the Reserve Bank of India’s proposal for polymer banknotes. One billion pieces each of ten and twenty rupee polymer notes will undergo field trials. These new notes are expected to be more durable and have a…

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Supreme Court sets aside ₹425 crore penalty over fake legal citations, says material appears to be ‘hallucination of AI’
The Supreme Court set aside a ₹425.27 crore customs penalty after finding that the order relied on AI-generated legal material. The diamond trader will now face fresh adjudication by a different customs officer, while the court warned against relying on unverified AI-generated case law.
Planning to quit your job at 40? Know what happens to your EPF balance and interest after leaving work
Leaving your job at 40 does not necessarily stop EPF interest immediately. Under current EPFO guidance, an eligible EPF balance can continue earning interest until you turn 58.
Hindu undivided family tax benefits: Can salaried individuals also take advantage of them? Details here
Creating a HUF allows families to benefit from independent taxation, separate deductions, and wealth management. However, merely establishing an HUF doesn't lower tax liability. Here's whether salaried individuals can form one. 
₹25L bank deposit lands Bengaluru woman in tax trouble; officer links it to property sale — here's how she won
Income tax authorities questioned a ₹25 lakh deposit by a Bengaluru resident. The cash deposit was subsequently treated as unexplained money and added back to her income. Here's why ITAT Bangalore still ruled in her favour.
EMI affordability: When does an ‘affordable monthly payment’ become unaffordable? Experts explain
A manageable EMI is about more than a low monthly payment. Experts explain the 30% EMI rule, debt risks and how borrowers can assess loan affordability while protecting savings and financial security. Seeking professional guidance is a must when faced with financial hardships. 
Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, September 5
September 5 is Teachers' Day in India, but banks remain open as it is the first Saturday of the month. RBI guidelines mandate bank closures on specific Saturdays and Sundays. Details here.
Could your credit card pay for a luxury hotel stay? How to maximise reward points
Frequent travelers can leverage credit card reward points for hotel stays, unlocking loyalty benefits and free-night awards. It's crucial to strategically redeem points and compare cash prices with point requirements for maximum value, especially when hotel rates are high.
How to safely replace a damaged credit card
The Reserve Bank of India (RBI) requires card issuers to provide customers with clear mechanisms for reporting lost, stolen or misused cards, along with multiple channels through which cardholders can contact them
Retail sugar price falls 3.85% but remains above ₹62/kg ahead of festive season; check rates
Retail sugar price has dropped 3.85% to ₹62.57 per kg in a week, data from the Consumer Affairs Ministry showed. The slight drop follows recent government measures, including allowing imports and tightening of stockholding norms for dealers. 
Delivery, ride-hailing and home services — Gig workers earn 2.5x compared to similar formal and informal jobs: Report
Delivery, ride-hailing and home services — Gig internet workers earn 2.5x, at ₹138 per hour, compared to ₹54 per hour, earned in other similar formal and informal jobs, according to a Redseer Report.