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Steel pipe maker MAN Industries raises ₹255 crore from investors

The equity raised will be used to fund the company’s expansion in Jammu and Saudi Arabia, strengthen balance sheet and also address working capital requirements.

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SBI leads $9.2 billion wave of Indian fast-tracked share sales

Indian companies are leveraging the stock market rally to raise funds through qualified institutional placements (QIPs). Led by State Bank of India’s record offering, around 40 firms plan to raise over $9.2 billion via QIPs in July. This fast-track method…

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Zepto closes secondary deal with NBFC firm Elcid at $6b valuation

Elcid Investments is set to increase its stake in quick commerce firm Zepto with a ₹7.5 crore investment, valuing Zepto at approximately $5.9 billion. This move is part of a larger secondary deal aimed at increasing Indian ownership before a…

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Lenskart acquires Spain’s Meller brand for Rs 406 crore ahead of IPO

Lenskart, through its Singapore subsidiary, will acquire an 80% stake in Spanish eyewear brand Meller. This move aims to broaden Lenskart’s reach in Europe. Lenskart’s Meller acquisition will also target the Gen Z demographic. The deal, valued at approximately Rs…

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India’s targeted capital liberalisation, RBI’s FX strategy shield economy from global shocks: Report

India’s cautious approach to opening its capital account, coupled with the RBI’s strategic foreign exchange management, has shielded the economy from global shocks. A Motilal Oswal report highlights India’s strengthened external sector, marked by a low current account deficit, record-high…

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Mother of all IPOs coming next year? Ambani eyes Jio Infocomm’s ₹52,000 cr issue: Report

If RIL launches the Jio IPO to raise ₹52,200 crore, it would be the biggest ever in India and surpass Hyundai India’s ₹28,000 crore IPO by a yawning margin.

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UPI payment failed but money debited? Banks must refund and pay ₹100 per day compensation under RBI rules
The Reserve Bank’s framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.
EPFO news: Opportunity to settle EPF damage cases at reduced rates with VISHWAS 2026 - check eligibility
VISHWAS 2026 is a one-time settlement scheme that lets employers resolve disputes over damages levied for delayed Provident Fund contributions. Several High Courts have directed or encouraged employers to use the scheme to close pending litigation.
Income Tax Form 141 covers property sales, rent, contractor payments and more: Details here
Form 141 is intended to streamline TDS reporting and payment for transactions involving immovable property, rent, payments to contractors or professionals, and transfers of virtual digital assets (VDAs).
Husband earning ₹85,000 a month to pay ₹36.25 lakh after divorce: Patna High Court cites ‘reciprocal cruelty’
A division bench of Justices Rana Vikram Singh and Bibek Chaudhuri passed the order on October 9. Along with upholding the divorce, the court directed the husband to pay his estranged wife ₹36.25 lakh as permanent alimony.
How return comparisons can mislead investors: Focused mutual funds hold just 30 stocks but benchmark against Nifty 500
Focused mutual funds hold up to 30 stocks but typically benchmark against the Nifty 500 TRI or BSE 500 TRI. Experts explain why this comparison can mislead investors, whether style-based benchmarks are needed, and how to assess returns, downside risk and stock selection.
Dhanteras shopping: A complete guide to buying gold, diamond jewellery safely
A BIS hallmark provides information about the purity of the gold in a jewellery article. It does not, by itself, certify the quality, authenticity or origin of every diamond or gemstone set in the piece.
New Form 141 replaces 4 TDS forms for property buyers, rent payments and VDAs: What changed under Income Tax Act 2025
The Income-tax Act, 2025, effective April 1, 2026, introduces Form 141 to consolidate four TDS forms. Applicable from Tax Year 2026–27, it covers specified property purchases, rent, contractor and professional payments, and virtual digital asset transfers. Here are the thresholds and filing rules.
Senior Citizen FD rates Oct 2026: Earn up to 8.5% interest | Public, private banks and SFB fixed deposit rates compared
Senior citizens can earn up to 8.5% interest on fixed deposits in October 2026. Small finance banks offer the highest rates, followed by private and public sector banks. Here is a comparison of top FD rates across banks for 1-year, 3-year, and 5-year tenures.
Insurance regulation: Reform must strengthen the market, not weaken its foundations
Proposed changes to insurance commissions could reshape distribution, jobs and access to protection. Reform must be backed by evidence of lower costs and better consumer outcomes.
Paid ₹1.15 lakh to move goods to Nagaland, got damaged TV and 23 missing items; what did consumer commission order?
After her belongings were delayed, damaged and partly lost during a Delhi-to-Nagaland move, Longchar sought compensation. The consumer commission held the movers deficient in service and rejected Urban Company’s claim that it was merely an intermediary.