Government gives final nod to Emirates NBD’s $3 billion majority stake in RBL Bank

Dubai-based has received all regulatory and governmental approvals including from the Government of India for its acquisition of a majority controlling stake in Limited, paving the way for the imminent…

Gift tax rules explained: Who can give you money or assets without tax implications?

Gifts received in the form of money, property, or assets are treated as income under the Income Tax Act. If the value of such gifts exceeds the prescribed threshold, they…

NABARD buys leasehold rights for a commercial complex from MTNL for a 2,680 sq m plot in Mumbai’s BKC for ₹351 crore

National Bank for Agriculture and Rural Development (NABARD) has acquired a prime commercial property in Mumbai’s Bandra-Kurla Complex (BKC) from Mahanagar Telephone Nigam Limited (MTNL) in a transaction valued at…

Hyderabad tops jewellery retail leasing market in 2015 with 31% share: CBRE

Hyderabad emerged as one of India’s largest jewellery retail markets in 2025, with its share of jewellery leasing rising sharply from 15% in 2024 to 31%. Alongside Chennai, Delhi-NCR, Bengaluru…

Simple Energy attracts ₹126.7 crore investment from existing backers, founders

Simple Energy, the Bengaluru-based EV manufacturer, has raised ₹126.7 crore as part of a larger funding round. According to MCA filings accessed by businessline, the round will see participation from…

Broker’s call: Muthoot Finance (Buy)

IDBI Capital Target: ₹4,060 CMP: ₹3,313.05 delivered an exceptional FY26 performance, driven by strong gold loan demand, higher yields and sharp improvement in profitability. Consolidated AUM grew about 49 per…

SEBI clears 3 IPOs worth ₹1,200 crore

has cleared three initial public offerings to raise Rs 1,200 crore cumulatively. The three companies — Neolite ZKW Lightings, SS Retail and Aspri Spirits — filed their preliminary IPO papers…

Waaree Energies unit bags green hydrogen project in Karnataka

Waaree Clean Energy Solutions Private Ltd (WCES), a wholly owned subsidiary of Waaree Energies Ltd., has secured an order to develop a green hydrogen project at TMEIC Industrial Systems India’s…

Broker’s call: Bharti Hexacom (Reduce)

Emkay Global Target: ₹1,550 CMP: ₹1,563.40 reported in-line results, with 2.3 per cent QoQ revenue growth to ₹2,410 crore and 1 per cent q-o-q EBITDA growth to ₹1,270 crore. Revenue…

ASK Alternates raises bar with ₹2,500 crore second Private Credit Fund

ASK Alternates, the alternative investments arm of the Blackstone-backed ASK Asset & Wealth Management Group, on Wednesday launched its second Private Credit Fund with a target corpus of ₹2,500 crore,…