Banking And Finance
Prudential to acquire 75% stake in Bharti’s insurance business for Rs 3,500 crore
on Sunday announced to acquire a majority 75 per cent stake in for Rs 3,500 crore from and 360 ONE Asset Management. Currently, Prudential is a partner with with around…
8th central pay commission: How to submit feedback on CPC suggestions, who is eligible, documents needed | Explained
The 8th central pay commission has opened consultation process ahead of its recommendations that will significantly impact salaries of central government employees and pensioners, including railways and defence staff. Announced…
Attention taxpayers! Excel utility for income-tax return forms ITR-1 and ITR-4 enabled — Here’s all you need to know
Income-Tax Returns: The Income-Tax Department in a post on social media platform X (formerly Twitter) stated that Excel Utility for ITR-1 and ITR-4 forms have been made available for taxpayers…
Wondering why your bank just reduced your credit card limit? These could be the reasons behind it
An unexpected drop in your credit card limit can severely restrict your buying power and damage your credit profile. Financial institutions adjust spending thresholds based on periodic risk analyses, past…
Market
Goldline Pharmaceutical IPO allotment date in focus today; latest GMP, step-by-step guide to check status
Goldline Pharmaceutical IPO allotment date today: Goldline Pharmaceutical IPO share allotment will be finalised today (Friday, 15 May). The investors who applied for the issue can check the Goldline Pharmaceutical…
AI-fueled momentum rally risks fading as history signals softer S&P 500 returns ahead: Report
The trajectory of both momentum and the broader S&P 500 would be dictated by the macroeconomic backdrop and the outlook for AI investment, Goldman Sachs said in a research report…
Reliance Jio IPO: How much-awaited IPO likely to impact Reliance share price?
Reliance Jio IPO: The much-awaited initial public offering of Reliance Jio, the telecom and digital arm of Reliance Industries Limited, is likely to comprise entirely fresh equity issuance. According to…
Mcap of nine of top 10 valued firms erodes by ₹3.12 lakh crore; Reliance biggest laggard
The combined market valuation of nine of the top 10 valued firms eroded by ₹3.12 lakh crore last week, with Reliance Industries taking the biggest hit. Last week, the 30-share…
Market
Vodafone Idea gets promoter support but funding challenge persists
Telecom operator Vodafone Idea showed early signs of operational improvement in the March quarter, as its subscriber base stabilised and average revenue per user (Arpu) rose. Analysts, however, said the…
NTPC chief cautions against dependence on single supplier for nuclear technology
The country must remain watchful of becoming over-dependent on any single supplier or country for nuclear technology as it moves ahead with the ambitious 100 GW nuclear power plan, an…
How Amazon went from an AI also-ran to a real contender
SEATTLE—Not long ago, Amazon was seen as an also-ran in the great AI race. Microsoft, in particular—with its partnership with OpenAI and cloud business outpacing Amazon’s AWS—seemed to have reclaimed…
NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil Ventures
Appellate tribunal NCLAT has upheld separate insolvency proceedings for two Videocon group entities — Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL) — while setting aside an earlier…
Axis
