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Carlsberg gears up to file for $700 million India IPO

Carlsberg A/S is preparing to file draft papers for an IPO of its India unit as early as this month, sources said. The listing could raise up to $700 million (around Rs 6,650 crore) and is expected to be a…

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Zerodha Mutual Fund files draft document with Sebi for two life cycle funds

Zerodha Mutual Fund has introduced two new life cycle funds, targeting investors for specific retirement years: 2041 and 2036. These open-ended funds offer a dynamic investment approach, automatically shifting from aggressive to conservative asset allocation as the target date nears.…

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Smartworks leases 400 seats to Japanese NBFC subsidiary in Mumbai

Managed office provider Smartworks Coworking Spaces has secured a significant deal in Mumbai. A Japanese non-banking financial company’s Indian arm has leased over 400 seats for five years. This agreement is expected to bring in approximately Rs 35 crore in…

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Cars24 appoints Infosys CFO Jayesh Sanghrajka as independent director ahead of IPO plans

Used-car platform Cars24 has appointed Jayesh Sanghrajka, Chief Financial Officer of Infosys, as an independent director. This move aims to enhance governance and capital markets expertise. Sanghrajka brings extensive experience in public markets and corporate finance. He has served on…

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Adani Ports bags 10-year contract for Argentina’s first LNG export project

Adani Ports has secured a significant 10-year contract for Argentina’s first liquefied natural gas export project. This deal, worth an estimated $70 million, marks Adani’s entry into South America. Commercial operations are set to begin in September 2027. The project…

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Why workforce planning is fast becoming the CFO’s most high-stakes investment

Workforce planning is shifting from HR’s cost-control focus to the CFO’s strategic agenda. Businesses now view talent as a key asset, prioritizing skills like AI and data engineering for competitive advantage. This necessitates a move from headcount to skills-based investment,…

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  • Pay commission: Here's what Mumbai BEST bus employees are demanding on salary increase, gratuity payments

    The Mumbai BEST bus employee unions have made multiple demands from the Maharashtra state government regarding salary hike, implementation of the 7th pay commission recommendations, retirement and gratuity payments.

  • 6th vs 7th vs 8th Pay Commission: Why the widening basic pay gap is drawing attention

    A widening pay gap is emerging as a key concern for the 8th Pay Commission. While salaries have increased across government services during earlier pay commissions, the rise in top-level basic pay has outpaced that of minimum pay, fuelling demands for a fairer, more balanced compensation structure.

  • Dearness allowance: Here’s why 20% DA hike is significant for West Bengal state govt employees

    Dearness allowance: Here’s why West Bengal's 20% DA hike is significant for state government employees and retired pensioners. Check here to see how much of the salary gap has been reduced…

  • Senior citizens can now earn up to 7.95% on FDs as Bandhan Bank revises deposit rates | Check tenure and other details

    Bandhan Bank announced competitive interest rates, raising.fixed deposit rates by up to 20 basis points. Senior citizens can earn up to 7.95% on two-to-three-year deposits. 

  • SEBI eases NISM certification norms for relationship managers, sales executives | Full details here

    Sebi has simplified the NISM certification process for sales and non-core staff in investment advisory roles, allowing them to obtain a lighter certification module based on feedback from market participants. This change aims to ease compliance for firms and will take effect immediately.

  • I asked ChatGPT if ₹5 crore is enough to retire in India. Here's what it said

    A 45-year-old professional in Delhi estimates that ₹5 crore can support his retirement. With anticipated post-retirement expenses of approximately ₹15.8 lakh annually, the corpus exceeds this need, demonstrating the importance of calculating future expenses

  • Earning 15 LPA? Here's how much you can save in taxes in new and old regime

    For salaried individuals earning ₹15 lakh a year, the choice between the old and new tax regime can significantly affect their tax outgo. Here's a detailed comparison of how much tax you may pay under each regime.

  • I asked ChatGPT: How much emergency fund a family really needs in 2026, here what the math said

    In 2026, a family in Noida should maintain an emergency fund of around ₹17 lakh, based on monthly expenses of ₹1.4 lakh. This amount provides a financial cushion for one year during unemployment, ensuring uninterrupted living costs.

  • Normal SIP, fixed top-up SIP, or variable top-up SIP: Which approach created more wealth over the years?

    The analysis shows that while a regular SIP can create significant wealth over the long term, investors who increase their SIP contributions periodically stand a much better chance of building a larger corpus.

  • Living in Bengaluru, Pune or Hyderabad? Your tax benefits just got bigger – What you need to know about new HRA rules

    The CBDT has revised HRA rules, expanding benefits for taxpayers in major urban areas and increasing compliance requirements. New metro cities added for HRA exemptions could lead to higher tax savings for employees in cities like Bengaluru and Hyderabad under the Old Tax Regime.

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