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Govt says Corporate Laws (Amendment) Bill to ease compliance, accelerate mergers

The government said these reforms have reduced litigation, improved corporate governance and struck a balance between facilitating compliance and ensuring stringent action against serious violations.

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Sebi cancels registration of 10 research analysts for non-payment of renewal fee

Sebi has cancelled ten research analyst registrations for unpaid renewal fees. These entities failed to renew their licenses despite receiving official notices. In a separate action, Firstcapital Alternate Investment Trust also lost its registration. This fund failed to submit required…

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Govt sets up India Digital Payment Intelligence Corp to contain cyber frauds

India Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time fraud intelligence and alerts with financial institutions. The government is strengthening cybersecurity measures for financial institutions across the country. CERT-In monitors…

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Vivid Electromech Appoints New Chief Financial Officer and Company Secretary to Strengthen Leadership

Mumbai (Maharashtra) [India], Vivid Electromech Limited (NSE: VIVIDEL), a leading player in the power supply, traction, and electro-mechanical systems space, is pleased to announce that pursuant to the announcement made following the meeting of the Board of Directors held on…

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ITC Infotech partners with Google Cloud to drive agentic AI transformation

ITC Infotech and Google Cloud forge a strategic alliance for enterprise AI transformation. The company will become customer zero for Google’s Gemini Enterprise platform. This integration aims to accelerate software engineering and automate corporate functions. Joint Centers of Excellence will…

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India's cities need $2.4 trillion by 2050, but where will the money come from

Indian cities need $2.4 trillion by 2050 for climate resilience and low-carbon development. Municipal corporations face significant revenue and capital access limitations currently. Urban infrastructure investments of $840 billion are projected over the next fifteen years. Cities must become investment-ready…

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News

  • How hybrid long-short SIFs differ in their strategies

    Hybrid long-short SIFs differ in how they balance equity, debt and short positions.

  • Forgot to file ITR but employer had deducted TDS: When can income-tax penalty still apply? ITAT explains

    The Mumbai ITAT deleted a ₹3.95 lakh penalty imposed on a ship captain who had failed to file his ITR on time. The taxpayer later filed his return in response to a reassessment notice, but the income declared was accepted without any addition.

  • Gold and silver price today, Sept 29: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities

    Gold and silver prices in India witnessed a sharp drop during early trading hours on Tuesday. Check retail rates of the precious metals in top metro cities of the country.

  • ₹1.25 crore received under power of attorney: When can taxman treat property money in your account as taxable income?

    A recent ITAT ruling has clarified that money received by a taxpayer while acting as a power-of-attorney holder does not automatically become his taxable income. The tribunal deleted a ₹1.25 crore addition after finding that the taxpayer had received the amount on behalf of three property owners.

  • Are banks open today, 29 September? Here's all you need to know after 3-day nationwide strike deferred

    The proposed three-day nationwide bank strike from 28 to 30 September was deferred after talks between the IBA and UFBU. Check if banks are open in your city today, 29 September.

  • When is portfolio overlap acceptable in mutual funds? Experts explain when common stocks become a concentration risk

    Portfolio overlap between mutual funds is not necessarily a problem, particularly when schemes have different strategies, risk profiles or portfolio roles. However, excessive overlap can leave investors with concentrated exposure despite holding multiple funds. 

  • ₹1,000 monthly SIP became ₹4.67 lakh in 10 years: Which diversified equity mutual fund delivered highest returns?

    A ₹1,000 monthly SIP can grow substantially over a decade as returns compound. We look at diversified equity mutual funds that delivered the highest 10-year SIP returns, with Quant Small Cap Fund leading the list. Here’s how the funds compare.

  • 8th pay commission: Awaiting announcement? Here are the terms of reference and timeline of recommendations, explained

    8th Pay Commission: The official terms of reference outline what central government employees and pensioners can expect from the panel. We will likely get official recommendations sometime next year. 

  • Sectoral mutual funds: Defence, metals gave double-digit returns in 2 years while tech, consumer in red — here's why

    Sectoral mutual funds have seen a sharp divergence in returns over the past two years, with some sectors delivering strong gains while others slipped into the red. Here's what drove this divergence, and what should investors consider before making sectoral bets. 

  • New rules from October: SBI ATM charges, bulk FD rates, fee on UPI, Aadhaar verification for LPG subsidy, and more

    From 1 October, households need biometric Aadhaar verification to keep accessing LPG subsidies, affecting 14.2 kg refills. Also, revised NPS charges and changes to ATM transactions for SBI customers will be implemented.

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