India Sotheby’s International Realty and the ASK Property Fund-backed platform has announced its first investment of ₹63 crore in an ultra-luxury housing project in Goa that will comprise 28 villas.…
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Sebi weighs revising position limits on farm derivatives
India’s markets regulator has proposed reviewing client-level position limits in agricultural commodity derivatives, signalling a possible recalibration of safeguards nearly nine years after the current framework was introduced. In a…
Sensex tumbles, VIX jumps as West Asia fears hammer markets
Mumbai: The shadow of the West Asia conflict continued to loom over Indian markets on Tuesday as escalating tensions in the region, relentless foreign fund outflows, a plunging rupee, and…
Dubai court acquits man in Dh1.6 million dispute, says failed deal isn’t fraud
A Dubai criminal court has acquitted a man accused of misappropriating Dh1.6 million in an investment-related dispute, reinforcing the principle that failed business deals do not automatically amount to criminal…
SEBI proposes phased physical settlement in select agri derivatives
The Securities and Exchange Board of India (SEBI) on Tuesday proposed allowing select agricultural commodity derivatives contracts to be financially-settled before consequent transition to compulsory physical settlement in a bid…
SAT says income tax paid on unlawful gains cannot offset SEBI disgorgement
The Securities Appellate Tribunal (SAT) has held that income tax paid on alleged unlawful gains cannot be deducted from disgorgement ordered by the Securities and Exchange Board of India, while…
Rupee sinks to a record low
The Rupee sank to a record low as the US and Iran hardened their stand on ending the West Asia war, sending crude oil prices higher and accentuating FPI sales…
Asia Healthcare Holdings expands leadership bench with three board appointments
Single-speciality healthcare platform Asia Healthcare Holdings has appointed three new independent directors to its board, Vinita Bali, Rashmi Joshi, and Murali Sivaraman, as the company sharpens its focus on expansion…
India has adequate stocks of fuel supply, but OMC losses could hit ₹1 lakh cr: Minister of Petroleum and Natural Gas
Minister of Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said that India has sufficient supplies of petrol, diesel and cooking gas despite the ongoing disruptions around the Strait…
Stove Kraft posts 3-fold rise in Q4 profit on strong induction cooktop sales
Stove Kraft, the Bengaluru-based home appliance manufacturer behind brands such as Pigeon, Gilma, and BLACK+DECKER, reported a sharp rise in its fourth-quarter net profit, which grew 318 per cent year-on-year…