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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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Adani Ports bags 10-year contract for Argentina’s first LNG export project

Adani Ports has secured a significant 10-year contract for Argentina’s first liquefied natural gas export project. This deal, worth an estimated $70 million, marks Adani’s entry into South America. Commercial operations are set to begin in September 2027. The project…

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Why workforce planning is fast becoming the CFO’s most high-stakes investment

Workforce planning is shifting from HR’s cost-control focus to the CFO’s strategic agenda. Businesses now view talent as a key asset, prioritizing skills like AI and data engineering for competitive advantage. This necessitates a move from headcount to skills-based investment,…

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Kiwi targets Rs 5,000 crore premium book with AI-led insurance model

A new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans to use AI to transform the industry. The company will focus on reducing transaction times and costs.…

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Federal Bank eyes growth through credit cards, higher-yield assets and 100 new branches; ECL implementation on track: CFO

Manikandan M says the bank has built ECL models and data sets ahead of the RBI’s Expected Credit Loss framework, while focusing on CASA growth, margin expansion, fee income and wealth management.

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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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