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Nirma Group’s Nuvoco Vistas acquires Gujarat-based Vadraj Energy in Rs 200 crore deal

In a strategic move, Nuvoco Vistas Corporation, the cement division of Nirma Group, has finalized an all-cash acquisition of Vadraj Energy, located in Gujarat, for Rs 200 crore. Nuvoco is eager to incorporate Vadraj’s power plants into its operations, a…

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Aviation industry: ICRA keeps outlook ‘stable’ as domestic traffic set for modest rise; international flyers projected to grow 13–15%

India’s aviation sector anticipates modest domestic passenger growth of 4-6% in 2025-26, despite earlier disruptions like cross-border tensions and an air tragedy. International traffic is set for a stronger 13-15% surge.

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Serene Communities, Asset Homes to invest ₹500 crore in four senior living projects across Kerala

This collaboration is part of Serene’s broader South India expansion strategy, with Kerala positioned as a key growth market due to its large NRI base, higher life expectancy, stronger health indices, and reputation as a retirement-friendly state. The combination of…

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Busting myths! H-1B visa holders are not ‘cheap labour’ – why foreign workers are important for US

A National Foundation for American Policy report argues that H-1B visa restrictions, including a new $100,000 fee, are counterproductive. The report highlights that H-1B holders are highly skilled professionals earning substantial salaries, not cheap labor, and that limiting these visas…

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Carlyle-backed Sequent Scientific and Viyash Life Sciences Merger approved by NCLT

Carlyle’s portfolio companies, Sequent Scientific and Viyash Life Sciences, have received National Company Law Tribunal approval for their planned Rs 8,000 crore merger. This strategic combination aims to leverage back-end synergies between Sequent’s animal health business and Viyash’s human health…

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Luxe wheels gain speed on India’s salary surge as experience-led aspirations rise

Luxury car brands like Mercedes-Benz, BMW, and Audi are seeing a significant rise in buyers from salaried professionals and startup founders. This trend highlights strong corporate earnings and India’s economic growth. Wealth creation is expanding, with more senior professionals now…

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  • Crude oil prices above $100 a barrel: How can it impact your monthly budget?

    Higher crude oil prices can impact the monthly budget directly with higher daily commuting costs, costlier vacation flight tickets, higher bills for grocery purchases, and expensive dining out. The indirect impact can come from higher prices of finished goods made using crude oil derivatives.

  • I asked ChatGPT if a lavish destination wedding makes sense at ₹50 LPA: AI breaks down actual costs

    I asked ChatGPT if I should go for a lavish destination wedding at Umaid Bhawan Palace. AI broke down the actual costs of the event.

  • Is ‘your network is your net worth’? 22-year-old says return on investment for ₹40 lakh loan goes beyond money

    Why did a 20-year-old take a ₹40 lakh loan to study abroad? A viral video on social media, explains the reasons why the now 22-year-old made the decision to take on an expensive loan to complete her Masters abroad…

  • Bitcoin crashes below $60K first time in almost 2 years: buy, hold, or exit – What investors should do now?

    Bitcoin has lost more than half its value since reaching a peak above $126,000 in October last year and is now worth less than it was when crypto-friendly Trump retook the White House.

  • Bank holiday today, June 6: Are SBI, HDFC Bank, and other banks closed on Saturday?

    The Reserve Bank of India (RBI) has listed a total of eleven holidays this month due to national, regional, and religious holidays.

  • Contra funds explained: How they work, key risks, benefits and top 3 options for investors

    A contra fund is a type of equity mutual fund that follows a contrarian investment strategy and is required to invest at least 65% of its assets in stocks. Let's explore in detail what contra funds are, their benefits and risks, the key factors to consider, and the top 3 contra funds.

  • Home loans: Types, eligibility, tax benefits and application process explained

    Before applying for a home loan, borrowers should understand the various loan options available, eligibility requirements, interest rates, tax benefits and the documentation required.

  • Despite earning ₹2.2 lakh monthly, Mumbai couple struggles to save. Reddit explains why

    A Mumbai-based man has sparked a lively debate online after revealing that he and his partner, who collectively earn ₹2.2 lakh a month, are struggling to save money. 

  • ITR filing 2026: Received dividend income or bonus shares? Here’s how they are taxed and reported

    Investors receiving dividend income or bonus shares must consider tax implications while filing ITR. Dividends are now taxable in the hands of investors, subject to slab rates and TDS if over ₹10,000. Bonus shares are tax-free upon receipt but result in taxable capital gains upon sale. Details here.

  • NSC vs tax-saving FD: All you need to know about returns, lock-in periods and tax benefits

    While both National Savings Certificates and tax-saving FDs share a standard five-year tenure, they differ significantly in compounding frequency, interest rates, and overall structures.

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