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First American India appoints Gautam Mukherjee as CTO

In his new role, Mukherjee will lead the company’s technology vision and strategy for India, with a focus on driving innovation across the enterprise and strengthening its engineering and product capabilities.

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Xtranet Technologies IPO allotment likely today; GMP signals modest listing gains. Here's how to check status

Xtranet Technologies is set to finalise its IPO allotment today, with the stock scheduled to list on July 30. The Rs 166.80 crore issue was subscribed 12.24 times, led by strong demand from NIIs. The grey market premium stands at…

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Juniper Green Energy sets price band for Rs 1,800-cr IPO at Rs 214–225

Juniper Green Energy has fixed its initial public offering price band. The company’s IPO will be open for subscription from July 30 to August 3. This offering comprises entirely fresh equity shares with no offer for sale component. Proceeds will…

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India's IPO market to stay resilient with over 70 firms awaiting SEBI clearance: Report

India’s IPO activity has continued to stay resilient with 175 companies currently holding valid SEBI observations for their draft IPO papers and another 70 firms awaiting regulatory clearance, as per a report by Equirus.

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Nykaa appoints ex-Instamart COO Ankit Jain to lead quick commerce business

Nykaa appoints former Swiggy Instamart COO Ankit Jain to lead Nykaa Now, aiming to expand its 30-minute delivery service nationwide by FY30.

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Salad Days appoints Parthsarthi Gupta as CFO ahead of fundraise

Health conscious food brand Salad Days has appointed Parthsarthi Gupta as chief financial officer as it prepares for its next fundraising round over the next 9 to 12 months.

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  • 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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