Banking And Finance
‘Seems to be an issue between the broker and client; no govt talks on new UPI MDR’: NSE CEO Ashish Chauhan
The new UPI Merchant Discount Rate (MDR) for capital market transactions has to be worked out between brokers and clients, with NSE Managing Director and CEO Ashish Chauhan saying they…
Cash deposits from farm sales: ITAT rules in favour of Karnataka farmer despite missing expense records
A Karnataka farmer owning four acres and four guntas of land successfully defended himself before the Income Tax Appellate Tribunal () Bangalore against an unexplained cash credit notice. The taxpayer…
Odisha govt to clear pension dues of over 20 lakh beneficiaries by October — Here’s all we know
The Odisha state government on Friday announced that it will clear pension dues of 20.33 lakh beneficiaries covered under the Indira Gandhi National Old Age Scheme (IGNOAPS) by October, PTI…
DA news: Punjab govt notifies 8% dearness allowance hike for state employees and pensioners — Latest updates
DA news: The Punjab government has this week notified an 8% dearness allowance hike for state government and pensioners, effective from 1 September, as per an official statement from the…
Market
Arete 22 files draft papers for ₹440-crore IPO
Integrated precision aluminium mobility solutions provider Arete 22 Ltd has filed draft papers with capital market regulator SEBI to mobilise ₹440 crore through an initial public offering (IPO). The proposed…
Biscuit maker Anmol Industries files draft papers for ₹1,800 crore IPO, makes second attempt to tap public markets
Biscuit maker Anmol Industries has filed draft papers with market regulator Sebi for an initial public offering to raise up to ₹1,800 crore. The proposed public offer of the Kolkata-based…
SME IPO market revives, but listing gains lose sheen
The SME initial public offering (IPO) market is showing renewed activity, with the number of companies tapping NSE Emerge and BSE SME nearly doubling in September, even as tighter regulations,…
Aluminium extrusion industry warns of factory closures as production falls
India’s aluminium extrusion industry is facing factory closures and further job losses as production has fallen from pre-Iran war levels, leaving manufacturers operating at only about 27-30 per cent of…
Market
Dr Lal PathLabs’ arm acquires 80% stake in Ghana’s Sunshine Healthcare
Diagnostic services provider Dr Lal PathLabs Ltd on Saturday said its wholly owned subsidiary, Dr Lal PathLabs FZCO, Dubai, has completed the acquisition of an 80 per cent stake in…
Zydus Lifesciences’ New Jersey facility clears USFDA inspection with nil observations
Zydus Lifesciences Ltd on Saturday said the US health regulator has completed an on-site inspection of the pharmacovigilance and post-marketing surveillance system at its office in New Jersey, USA, with…
EV 2Ws industry established now, can do without subsidies: Ather
Electric two-wheelers maker Ather Energy has said that the EV industry is now established so the market can do without subsidies like the Prime Minister Electric Drive Revolution in Innovative…
Vedanta group announces ₹1 lakh crore investment drive in Odisha; targets 50,000 jobs
Vedanta Group Chairman Anil Agarwal has announced a ₹1 lakh crore investment drive in Odisha, with plans spanning aluminium, mining, refining and downstream manufacturing, while seeking faster land allocation and…
Axis
