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OYO begins discussions with banks for IPO

OYO is reportedly engaging with bankers for a potential IPO, targeting a listing in the last quarter of the current fiscal year, with a valuation range of USD 6-7 billion. The company is in preliminary discussions and plans to file…

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IndiGo co-founder Rakesh Gangwal sells 5.8 pc stake worth Rs 11,928 crore

Interglobe Aviation, the operator of IndiGo Airlines, saw its stock slipping nearly 3 per cent on Tuesday after its co-founder Rakesh Gangwal offloaded 2.26 crore shares worth nearly Rs 11,928 crore in a block deal.

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How Amazon Business is enabling MSMEs to be part of the $200 billion opportunity in B2B e-commerce

The platform is helping MSMEs navigate the challenges of procurement, which often feels like a maze due to multiple vendors, inconsistent pricing and lengthy processes.

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India to reinstate tax refund benefits for exporters from June to boost competitiveness

UK-INDIA-India to reinstate tax refund benefits for exporters from June to boost competitiveness

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India’s industrial output likely slowed to 1.2% YoY in April: UBI Report

A Union Bank of India report forecasts a significant deceleration in India’s industrial output, projecting a 1.2% year-on-year growth for April 2025, down from 3% in March. This slowdown is attributed to broad-based economic weakness, particularly in mining and manufacturing.…

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Loop appoints Arvind Laddha as CFO

Loop has appointed Arvind Laddha as its new Chief Financial Officer and President to lead financial strategy, operations, and national expansion. With over 20 years of experience in insurance and healthcare, he will help scale Loop’s mission of proactive, preventive…

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Dream Money to shut ops on July 30 within a year of launch: What happens to your mutual funds, FDs and digital gold
Dream Sports will shut down its fintech platform Dream Money on July 30. Here's what happens to your mutual funds, fixed deposits and digital gold.
Selling property or stocks? These 5 smart hacks can help you save capital gains tax
Capital gains tax can be minimized through strategic planning and compliance with the Income Tax Act. Taxpayers may claim exemptions, utilize capital losses, consider holding periods, maintain accurate records, and time sales effectively to reduce their tax liability legally.
FCNR deposits are a 'no-brainer' for NRIs, so what may be holding them back? Zerodha's Nithin Kamath explains
Zerodha's Nithin Kamath highlights long account-opening processes as a barrier for NRIs to benefit from FCNR deposits. The RBI's favorable changes make it easier, but slow onboarding could diminish interest. 
Performance-linked mutual fund fee vs TER: How SEBI’s new model works and why fund houses are hesitant
SEBI has proposed a performance-based fee framework for mutual funds, linking fees to a fund's performance rather than a fixed ratio. However, industry hesitance stems from operational challenges and complexities associated with variable fee structures.
Microsoft, Nvidia, Apple to Amazon - lose $2.3 trillion in June: Is it time to trim your US tech stocks?
The Magnificent Seven tech stocks lost $2.3 trillion in value in June due to uncertainty over AI investments. Major declines were noted for Microsoft and Nvidia. Investors are advised to diversify portfolios and consider market concentration to mitigate risks amidst fluctuating valuations.
ITR filing 2026: 6 costly mistakes salaried taxpayers should avoid before 31 July deadline
As the last date of filing ITR looms closer, it is important to be careful about certain key factors. These include choosing the right ITR form and regime, and cross-verifying taxable income against the disclosures made in AIS/TIS.
New vs old regime: Earning ₹20 LPA? Here's which regime saves you over ₹1 lakh
The tax regime choice becomes more nuanced at a ₹20 lakh annual salary, where the Section 87A rebate is no longer available. A comparison shows whether common deductions under the old regime can outweigh the new regime's lower tax rates.
NRI selling investments? Here's how you can save capital gains tax
Section 215 of the Income Tax Act, 2025 allows eligible NRIs to claim exemption from long-term capital gains tax. But the benefit is available only if strict conditions on investment source and reinvestment are met.
Low-volatility mutual funds: Should you invest? Here's what experts say
Low-volatility mutual funds seek to cushion market downturns while keeping investors invested in equities. Understand how the strategy works and who should consider it.
From ITR to Aadhaar: Key financial changes kicking in from July 1
Several financial changes come into effect from 1 July, including revised ITR filing deadlines, free Aadhaar email updates and new RBI rules against bank mis-selling. Here's how they could affect you.