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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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News

  • EPFO mandates PF, pension claim settlement within 20 days — What to do if it's delayed?

    EPFO employees will experience faster settlements for provident fund, pension, and insurance claims, with a 20-day processing rule. Delays incur a 12% penal interest. Here's how employees can submit their complaints. 

  • EPF interest credit delayed? What it means for your savings

    EPFO members have begun receiving the annual interest of 8.25% for FY2025-26 in their provident fund accounts, starting July 15. Interest is credited annually, and updates may take time to display, but any delays do not affect the amount earned.

  • Gifting money to your spouse? Here's when tax applies and who pays it

    Transferring money to a low-income spouse to reduce tax liability can backfire, as income may be taxed in your hands under clubbing provisions if invested. Details here.

  • EPF withdrawal tax rules explained: When your corpus is tax-free, when it is taxable and how TDS works

    EPF withdrawals are tax-free if an employee completes five years of continuous service. Withdrawals before five years may be taxable, except in certain cases such as ill health or employer closure. TDS rules depend on the withdrawal amount. 

  • REITs vs REIT mutual funds vs physical property: A complete guide to capital gains tax, TDS and post-tax returns

    The same real estate exposure can result in different post-tax returns. REIT mutual funds and listed REITs offer a shorter holding period for long-term capital gains than direct property, while differences in income taxation and TDS can further impact investor returns.

  • ITR filing deadline nears: Why the 31 July deadline is more important than you think

    Missing the ITR due date can have consequences beyond a late filing fee. Delayed filing may lead to interest on unpaid taxes and the loss of key tax benefits, such as carrying forward capital losses. Knowing the applicable deadline can help taxpayers avoid unnecessary costs.

  • No international mutual funds left for fresh SIPs after Baroda BNP Paribas Aqua FoF closure: What investors can do now?

    Indian investors no longer have any international mutual fund open for fresh SIPs after Baroda BNP Paribas Aqua FoF stopped accepting new investments. With overseas investment limits restricting fund houses, investors are left with alternatives like international ETFs or direct overseas investing. 

  • Income Tax e-filing login FAQs: Answers to common questions on PAN, Aadhaar, OTP, passwords and more

    Taxpayers can log in to the Income Tax e-filing portal through multiple methods, even without their registered mobile number. While Aadhaar linking is not mandatory for login, it enables full access to portal services. Accounts are locked after five failed login attempts as a security measure.

  • Should you break an FD or take a loan against it when you urgently need money? Experts explain

    Need urgent cash? Check whether breaking a fixed deposit or taking a loan against an FD is the better option. Compare costs, penalties, interest rates and repayment factors to make a smarter financial decision while protecting your long-term savings.

  • Social security: Want to register on e-Shram portal? Here's how unorganised workers can sign-up, top FAQs answered

    Social security: Over 31.78 crore unorganised workers are registered on e-Shram porta till July 2026. Today, we take a look at how you can apply, the eligibility criteria and most frequently asked questions…

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