Adani Power bags 1,600 MW thermal project from MPPMCL; to invest Rs 21,000 cr
Adani Power received a letter of award on Thursday from MPPMCL, awarding 800 MW additional capacity under ‘Greenshoe Option’, a company statement said
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Sebi board to meet on Friday to consider regulatory reforms
Other key items on the agenda included simplifying compliance for foreign portfolio investors (FPIs), relaxing the regulation for accredited investors in certain alternative investment funds (AIFs), expanding the scope of rating agencies’ activities, and granting equity status to REITs and…
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Indian rupee drops to lifetime low on persistent US tariff strain
INDIA-MARKETS/RUPEE (URGENT)Indian rupee drops to lifetime low on persistent US tariff strain
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Why after Trump tariffs, the US and world economy are still holding up
Despite initial fears of economic disaster, the global economy has shown surprising resilience to Trump’s tariffs. While economists predicted disruptions and recession, the impact has been muted due to producers absorbing costs and countries avoiding retaliation. However, the long-term effects…
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Pace Digitek gets SEBI nod for IPO
Pace Digitek, a telecom solutions provider, is set to launch an IPO. The company aims to raise ₹900 crore. SEBI has approved the IPO plan. The funds will boost Pace Digitek’s battery energy storage systems. A portion of the proceeds…
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Extend ITR deadline to October 15, demands ATBA due to tech issues and glitches with ITR portal like errors in validation, slow uploads
Karnataka State Chartered Accountants Association (KSCAA), CIRC of ICAI, and Advocates Tax Bar Association (ATBA) have urged the Ministry of Finance to address critical issues with the e-filing ITR portal. They highlighted glitches, delayed form releases, and overlapping compliance burdens.…
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