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SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives cheque

The State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026. This follows SBI’s reported 6% year-on-year rise in net profit for the January-March quarter of…

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CAM, TT&A guide Hygenco’s $105 mn raise to scale green hydrogen capacity in India

Hygenco has secured a significant USD 105 million in fresh equity. The investment comes from a consortium including the International Finance Corporation, Siemens Financial Services, and Fullerton Carbon Action Fund. This capital will boost Hygenco’s green hydrogen production capabilities. The…

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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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Madhya Pradesh Ladli Behna Scheme: CM Mohan Yadav disbursed ₹1500 monthly installment; did you receive?—how to check
Madhya Pradesh CM Mohan Yadav transferred ₹1,750 to over 1.25 crore beneficiaries under the Ladli Behna scheme, including a ₹250 Raksha Bandhan gift, to promote women's financial independence. He emphasised the importance of women’s roles in family and society at a state-level event in Maihar.
SBI cash withdrawal charges: Bank changes BSBD free transaction rule; check what changed, ₹15 fee and when it kicks in
State Bank of India has updated service charges for Basic Savings Bank Deposit accounts, effective October 1, 2026. 
JioBlackRock regular plans explained: Higher costs, professional guidance | what investors get
JioBlackRock Asset Management will launch regular mutual fund plans through distributors, adding a route for investors who prefer support. 
Technology funds bounced back in July: What investors should know before boosting their IT exposure
Technology mutual funds rebounded sharply in July, but the rally may not necessarily signal a sustained recovery. With IT allocation rising in mutual fund portfolios, investors should assess valuations, existing exposure and fund strategy before increasing their allocation.
Investor vs trader: How stock market income is taxed, which ITR form to file and key conditions explained
Stock market investors and traders are taxed differently based on the nature of their activities. Both may also have to file different ITR forms. Here are the key rules, classification factors and common filing mistakes to know.
₹1 crore salary trap: Why high income does not equal financial freedom; CA identifies dangers of expensive lifestyle
CA Anil Sagayanathan highlights the fragility of high salaries and lifestyle inflation on LinkedIn. Even with ₹1 crore income, financial stress prevails due to rising expenses and peer pressure. 
Form 146 for foreign remittances: Who needs a CA certificate and how taxpayers can file it — step-by-step guide
Form 146 is a CA-certified document for certain taxable foreign remittances. It helps determine the taxability and TDS applicable to overseas payments above the prescribed threshold. Here’s when it is required, who files it and how taxpayers can use it.
Income tax return for social media creators: Last date, ITR forms, GST obligations and more
With the income tax return filing deadline approaching, creators who earn regularly through social media should ensure that their income and expenses are properly recorded.
Career pivots are costly. How should parents plan for them?
While children tend to change interests and, in turn, career paths, the financial challenge of planning ahead remains: how do parents engineer an education fund that is flexible enough to accommodate possible changes in plans?
SEBI eases entry process for mutual fund AMCs but retains strict checks: What investors should know
SEBI has simplified mutual fund registration by moving to a single application while retaining detailed checks on sponsors. Here’s what the new framework means for investors evaluating a newly launched AMC and its funds.