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Zepto files updated papers for Rs 9,500 crore IPO; aims July listing

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to…

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Indian CFOs remain Asia-Pacific's most optimistic despite Middle East conflict

Indian chief financial officers remain the most optimistic in Asia Pacific about their businesses and the domestic economy despite escalating geopolitical tensions in the Middle East, although most expect the conflict to negatively affect economic activity and corporate performance, according…

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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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  • Fuel inflation explained: How changes in petrol, CNG, LPG and PNG prices could affect your household budget

    Fuel inflation can affect household budgets differently, depending on the fuel used for cooking and commuting. The latest Finance Ministry report shows how inflation in LPG, PNG, petrol, diesel, and CNG has changed over the last few months. Here’s what the numbers mean for your expenses.

  • Class 9 students to study personal income tax: How NCERT is teaching financial literacy at a young age

    A chapter outlines step-by-step procedures to compute total tax liabilities using the new tax regime, deliberately omitting references to the old tax regime.

  • Swiggy 'cost for two' misleading? What Delhi consumer court's ₹1 lakh order means for diners

    A Delhi consumer court directed Swiggy and a restaurant to pay ₹1 lakh as compensation over unfair trade practices. The order was passed by a three-member bench as per LiveLaw.

  • Invested in gold, silver, debt or equity ETFs? Check how capital gains tax maths differs across these mutual funds

    Gold, silver, equity and debt ETFs do not face the same tax treatment when you sell. The holding period, type of ETF and size of gains can affect how much tax you pay. Here’s a look at the key rules and how the tax maths works for each category.

  • International mutual funds: Check fresh SIP and lump sum investment options; one PGIM scheme to reopen on October 8

    International mutual funds are again seeing investment restrictions change within days. While lump-sum investment options remain limited, some funds continue to accept SIPs, subject to specific conditions. Here’s what has changed and why these funds keep opening and closing.

  • Delhi ITAT ruling: How relative’s airline job cleared businessman of tax penalty on foreign currency found in raid

    The case highlights the importance of establishing ownership and the source of cash or foreign currency found during an income tax search through credible, corroborated evidence.

  • Should you invest in Nifty 50 equal weight index mutual funds now? This 12-month ratio can help you decide

    Nifty 50 Equal Weight Index Funds give investors balanced exposure across large-cap stocks. But with all funds in the red over the past year, should you invest or not? A simple indicator may help investors assess which strategy could suit the current phase.

  • Bank of Baroda enters pension fund business as PFRDA targets 4 crore new NPS subscribers

    Bank of Baroda enters the pension fund business as PFRDA targets up to 4 crore new NPS subscribers in the next two to three years.

  • Top 10 mutual funds by AUM: Which schemes are beating their benchmarks on 1-, 3-, and 5-year CAGR returns?

    The biggest mutual funds by AUM do not necessarily deliver similar performance against their benchmarks. A comparison of their 1-, 3-, and 5-year CAGR shows how different schemes have fared across these periods. Here’s what the numbers reveal for investors.

  • Relief for taxpayers: Made a mistake in your income tax return? You still get your refund interest, rules ITAT

    The Income-tax Appellate Tribunal rejects the tax department's attempt to withhold statutory interest.

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