Banking And Finance
SK Hynix makes history with biggest foreign US IPO, shares soar 13%: Why this is even bigger news for Indian investors
Shares of South Korean memory chipmaker rose 12.8% as they made their debut on Wall Street on Friday. The company is already one of the largest in South Korea, along…
Chose the new tax regime? Here are 5 ways to reduce your tax while filing ITR for AY 2026-27
The new tax regime offers lower tax rates but far fewer deductions and exemptions compared to the old tax regime. Hence, many salaried taxpayers believe there is little they can…
NPS exit rules explained: How the Retirement Income Scheme and drawdown options work
Over the years, the PFRDA has made changes to the National Pension Scheme (NPS) to make it flexible and subscriber-friendly. The PFRDA’s latest change is related to the subscriber’s exit…
8th pay commission: Here’s how employees, pensioners, govt departments can submit data — Stepwise guide
8th pay commission: Constituted every 10 years, pay commissions are expected to make decisions that significantly impact salaries of central government employees and pensioners, including railways and defence staff. Following…
Market
Alpine Texworld to raise ₹126 cr through IPO for capacity expansion
Alpine Texworld, a yarn and grey fabric manufacturing company, plans to raise ₹126 crore through initial public offering (IPO) on the mainboard. The company will issue 1.20 crore equity shares…
India’s natural gas demand likely to decline by 8% in 2026
India’s natural gas demand is expected to fall roughly 8 per cent y-o-y in 2026, with the fertilizer sector likely to post the steepest decline, as the West Asia conflict…
Why large cap and mid cap funds could be the best mutual fund to bet on now, according to Abakkus study
Mutual funds: Large & Mid Cap Funds are emerging as an attractive investment option as improving earnings, reasonable valuations and the recent market correction create favourable conditions for long-term investors,…
AI chip fever returns? SK Hynix share price surges 13% after blockbuster $26.5 billion US listing
South Korean memory chip giant made a strong debut on the Nasdaq, with its U.S.-listed shares surging 13% after the company raised $26.5 billion through its American listing. The sharp…
Market
Swiggy says Toing FSSAI issue resolved after licence update; no food safety concerns
Food delivery platform on Friday said it has resolved an issue flagged by the relating to its food ordering and delivery platform Toing, after updating the particulars of its licence.…
Emcure subsidiary Gennova to transfer mRNA business to Immunoscript Life Science for ₹139 crore
Emcure subsidiary Gennova Biopharmaceuticals has formalised an agreement to transfer its mRNA business as a going concern on a slump sale basis to Immunoscript Life Science Private Limited, for ₹139…
D-Mart owner Avenue Supermarts’ Q1 net profit jumps 11.3% to ₹860.44 cr, sales rise 14.9%
Avenue Supermarts Ltd, which owns the retail chain D-Mart, has reported an 11.33 per cent increase in its consolidated net profit to ₹860.44 crore for the June quarter of FY2026-27.…
Reliance Anil Ambani Group money laundering case: ED attaches fresh assets worth over ₹1,000 cr
The Enforcement Directorate (ED) on Saturday said it has issued a fresh order to attach assets worth ₹1,021 crore as part of a money laundering investigation against the Reliance Anil…
Axis
