Banking And Finance
HDFC AMC reports cyber-security incident, activates containment protocols
() on Monday disclosed a cyber-security incident at its IT infrastructure after receiving a communication from an anonymous source claiming access to certain portions of its systems. The company said…
Bought your first commercial vehicle? Here’s how insurance works
I own a small logistics business and recently purchased a light commercial vehicle for city deliveries. Since this is my first commercial vehicle, I’m not very familiar with how motor…
Gold loans are no longer merely the last source of credit for the poor: Shaji Varghese, CEO, Muthoot FinCorp
board approved a fundraise of ₹4,000 crore through an initial public offer comprising only a fresh issue of equity shares. In an interaction with ET, chief executive officer Shaji Varghese…
ITR: Income-Tax department notifies all forms for AY27 — Here’s how you can file your returns online
The Income Tax department has last week notified all income tax return (ITR) forms for the assessment year 2026-27 (AY27 or FY26). ITR forms 2, 3, 5, 6 and 7,…
Market
Tata Steel shares down 5% despite strong Q4 earnings, brokerages divided on outlook
fell 5 per cent in early trade on Monday after investors reacted cautiously to the company’s March quarter earnings and mixed brokerage commentary, with concerns around regulatory headwinds in Europe…
Sensex, Nifty bleed over 1% as oil surge, Iran tensions rattle Dalal Street
Benchmark indices opened sharply lower on Monday morning, weighed down by surging crude oil prices, a weakening rupee, and fresh geopolitical tensions in the Middle East, with the Sensex tumbling…
Rupee hits fresh all-time low of 96.20 as FII exodus, crude surge deepen pressure
The Indian rupee fell to a fresh all-time low of 96.20 against the US dollar in early trade on Monday, extending its losing streak to a fifth consecutive session, as…
Market
E-commerce giant Shein buys apparel brand Everlane, reports say
Chinese e-commerce giant Shein is acquiring US apparel retailer Everlane from majority owner L Catterton, according to media reports. The transaction values the San Francisco-based company at about $100 million,…
QSR chains witness improved demand trends in March quarter in India, bullish on store expansion
Leading QSR brands such as KFC and Burger King have reported strong performance in terms of same-store sales growth in the March quarter, aided by better demand trends due to…
Bharti-backed Gourmet Investments brings Olive Garden to India, bets on premium casual dining expansion
NEW DELHI: Bharti Family Office-backed Gourmet Investments Hospitality Group (GIHG) is betting that India’s affluent consumers are willing to spend more on premium casual dining, as it brings American-Italian chain…
Meta 20 May layoff: As ‘doomsday’ nears, anxious employees stock up on free snacks, chargers; apply to jobs preemptively
As ‘doomsday’ nears for as many as 8,000 Meta employees, 10% of the global employees of Facebook and Instagram, workers are reportedly stocking up on free snacks, drinks and chargers.…
Axis
