Banking And Finance
Post Office savings accounts get Aadhaar e-KYC upgrade to ease deposits and withdrawals
The Department of Posts has recently introduced new Aadhaar-based e-KYC transaction facilities for Post Office Savings Account (POSA), Recurring Deposit (RD) and Sukanya Samriddhi Account (SSA) holders. The newly evolved…
Income Tax Dept flags ‘swapped’ deduction claims; 20,000 cases under lens
The Department has identified around 15,000-20,000 cases in which taxpayers may have altered deductions or exemptions while filing revised or updated income tax returns, according to a report by The…
EPFO: Services on official portal to be unavailable from 26-28 June — Here’s all you need to know
EPFO: The Employees’ Provident Fund Organisation’s website will be unable to use for EPF account members from 26 to 28 June 2026, due to a scheduled system migration, the retirement…
Pay commission: Here’s what Mumbai BEST bus employees are demanding on salary increase, gratuity payments
Pay commission: The Mumbai BEST bus employee unions have made multiple demands from the Maharashtra state government regarding wage settlement and salary increases, implementation of recommendations from the 7th pay…
Market
Vedanta Resources unit returns to dollar bond market to buy back high-cost notes, say bankers
A wholly-owned subsidiary of Vedanta Resources is back in the dollar bond market within nine months, with a three-tranche issuance that is primarily being raised to fund its buyback of…
Nifty Auto jumps over 2%; Maruti, TVS Motor, Ashok Leyland, M&M among top gainers. Why are auto stocks rising?
Most auto stocks traded with healthy gains in morning trade on Thursday, 25 June, driving their sectoral index Nifty Auto to the higher orbit. The index jumped over 2% during…
South Korean AI chip stock SK Hynix share price surges 13% after unveiling $29 billion US listing plan
SK Hynix US listing: Shares of South Korean memory chip giant SK Hynix surged nearly 13% on Thursday after the company unveiled plans to raise about $29.4 billion through a…
Delhivery share sale: Logistics stock falls over 2% after Alpha Wave Ventures sells entire 1.93% stake
Delhivery share price declined over 2% in early trade on Thursday after global investment firm Alpha Wave Ventures sold its entire stake in the company through bulk deals. Delhivery shares…
Market
Insurgent consumer brands surpass $7.5 bn revenue in FY25, grow nearly 4x in five years: Report
Insurgent consumer brands in India have emerged as a significant force in the fast-moving consumer goods (FMCG) sector, collectively generating more than $7.5 billion in revenue in FY25 and growing…
No Respite for Tata Sons as RBI tightens NBFC-UL norms, listing pressure mounts
The RBI’s latest amendments to the Scale-Based Regulation framework have effectively shut the door on any regulatory relief for Tata Sons, reinforcing the requirement for the holding company to transition…
Sony Pictures invests $100 million in giant screen start-up Cosm
Sony Pictures Entertainment is investing $100 million in Cosm, an operator of large-screen theatres that show films and sporting events. Ravi Ahuja, chief executive officer of Sony Pictures, will join…
JSW Ventures eyes ₹400-500 crore third fund, plans larger startup bets
MUMBAI: Early-stage venture capital firm JSW Ventures is preparing to raise its third fund, targeting a corpus of ₹400-500 crore as it looks to back a concentrated portfolio of startups…
Axis
