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L&T bags mega ₹10,000-15,000 crore order to build India’s largest NVIDIA B300 AI factory

Larsen & Toubro will build India’s largest AI infrastructure for Together AI. This mega order involves deploying ten thousand NVIDIA B300 GPUs in Chennai. The project marks L&T’s significant entry into the AI Factory business sector. This facility will support…

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Indel Money to raise up to Rs 500 crore via public issue of NCDs

Indel Money plans to raise up to Rs 500 crore through a public issue of non-convertible debentures. The issue will open on August 18 and close on August 31, with an option for early closure. Proceeds will fund onward lending,…

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Sensex falls over 200 points, Nifty below 24,350 as expiry volatility looms. What lies ahead?

Indian equities extended losses on Thursday, with Sensex falling over 150 points and Nifty declining over 95 points amid expiry-day volatility. Bajaj Finance and IndiGo led gains, while M&M and Kotak Mahindra Bank slipped. Broader markets remained mixed, with auto…

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N Chandrasekaran’s five big moves: The bets and battles that defined his Tata Sons tenure

From rebuilding Tata’s aviation franchise to placing a massive bet on semiconductors and accelerating the group’s energy transition, N Chandrasekaran’s decade at the helm has been defined by long term bets aimed at reshaping the conglomerate for India’s next phase…

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Chandrasekaran exit marks end of transformative Tata era, CFOs flag succession challenge

Finance leaders credit Tata Sons chairman with execution discipline, capital allocation rigour and group consolidation, while succession emerges as a key challenge.

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India, Southern African Customs Union sign terms of reference towards trade pact

The government on Wednesday said that India and the Southern African Customs Union (SACU) have signed the Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement (PTA) between India and SACU, marking an important step towards strengthening trade…

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West Bengal 7th Pay Commission launches website: Has panel made any recommendations on pay, allowances, pension so far?
West Bengal 7th Pay Commission has decided to set-up the website. It will provide details of the Commission’s activities, official notifications and opportunities for stakeholders to submit their views and relevant data. It will also allow employees & other stakeholders to submit memoranda to panel.
The NAV lag: Why your mutual fund platform and CAS values don't match
Your mutual fund value on a broker or wealth-management report may differ from the value shown in your CAS even when the number of units is the same. One possible reason is that the platforms may use NAV data from different dates to calculate the investment value.
UPI MDR charges explained: What high-value transaction limit is govt considering?
The government is considering MDR on select high-value UPI merchant transactions to make the digital payments ecosystem financially sustainable. The exact transaction threshold and MDR rate are yet to be finalised, while P2P payments may remain free.
Deposited over ₹50 lakh cash in bank account, no ITR filed: Here's why ITAT ruled in taxpayer's favour
A ₹54 lakh cash deposit landed a Rohtak property dealer in a tax dispute after he failed to file an ITR and respond to notices. But documents showing the money belonged to property buyers, not him, changed the case and led the Delhi ITAT to delete the tax addition.
₹10,000 monthly SIP vs ₹10 lakh FD: Which investment could create more wealth in 15 years?
The choice largely depends on an investor's financial goals, risk tolerance and investment horizon.
Annapurna scheme in West Bengal: Who are eligible for ₹3000 monthly assistance? Check new criteria announced by CM
Annapurna scheme: West Bengal CM Suvendu Adhikari said women earning more than ₹10,000 a month or belonging to families with an annual income of above ₹12 lakh would not be eligible for the scheme.
Freelancers, gig workers: How to build financial stability amid irregular income and AI risks
Freelancers and gig workers need to diversify their services, create multiple sources of income and manage their finances carefully if they want to build a sustainable career
Do active funds really outperform passive ones? The answer depends on category and costs
A data-driven analysis of active and passive equity funds shows that the outcome varies by market segment. While passive strategies have an edge in some categories, active management can add value in others. Costs and fund selection also play a crucial role.
As India grows, so does its appetite for credit. But who is being left out?
Borrowing has evolved into a strategic financial decision in India, driven by strong credit growth and the rise of digital lending. This shift is transforming lending practices, making credit more accessible across demographics and regions, though significant untapped potential remains.
EPS-95 pension hike: Will ₹1,000 minimum pension increase to ₹7,500? Here’s what the government said in Lok Sabha
The minimum EPS-95 pension remains ₹1,000 per month, with pensioners demanding an increase to ₹7,500. The government’s latest Lok Sabha response on 10 August did not announce a hike and cited pension fund sustainability and future liabilities.