Business news

Mutual fund houses allocate Rs 5,294 crore in IPOs, backing small-cap growth stories

According to the report, in small-cap IPOs, mutual fund houses have invested Rs 1,351 crore in Ather Energy, Rs 679 crore in Schloss Bangalore, Rs 495 crore in Aegis Vopak Terminals, Rs 398 crore in Belris Industries, Rs 387 crore in Oswal Pumps, Rs 357 crore in Ellenbarrie Industrial Gases, Rs 241 crore in Kalpatru, and Rs 55 crore in Sambhv Steel Tubes during the quarter.

25 days ago

No proposal to stop supply of Rs 500 denomination banknotes from ATMs: Govt

"The RBI has informed that as part of their endeavour to enhance public access to frequently used denominations of banknotes, a circular titled 'Dispensation of Rs 100 and Rs 200 Denomination Banknotes through ATMs' has been issued on April 28, 2025, directing all banks and White Label ATM Operators (WLAOs) to ensure that their ATMs dispense Rs 100 and Rs 200 denomination banknotes on a regular basis," the minister said.

25 days ago

Budget 2025-26: CII seeks cut in income tax, 3-tier Customs duty to spur growth

ITR filing AY25-26: Complete verification in 30 days to avoid invalidation

ITRs filed without e-verification will be treated as invalid. With less than two months remaining before the extended deadline for filing income tax returns for the assessment year 2025-26 on September 15, many individual taxpayers have completed the process, said experts.

25 days ago

Sensex ends lower in volatile session as Mideast tensions flare up

Indian stock market settles lower amid higher US tariffs concerns

Sensex closed at 80,710.25, down 308.47 points or 0.38 per cent. The 30-share index opened the session slightly down at 80.946.43 against last day's closing of 81,018.72. However, the index further extended the loss amid a mixed approach in Auto, and Consumer Durable stocks and selling in the Pharma and Consumer goods sector.

25 days ago

Solizo Vitrified Accelerates Expansion with High-Demand Tile Innovations

We're excited to introduce this line to architects and developers who value finesse and function in equal measure.

25 days ago

Finance Act 2025 provides substantial relief under new tax regime: Minister

The new measures will play a significant role in creating a fair and equitable system of direct taxation that ensures no additional burden of direct taxes on the working and middle-class population of the country, Minister of State for Finance, Pankaj Chaudhary, told the Lok Sabha in a written reply.

26 days ago

Sensex, Nifty open flat as investors await RBI's repo rate decision

Indian stock market rallies, Sensex jumps 418 points

Sensex closed at 81,018.72, up 418.81 points or 0.52 per cent. The 30-share index started the session with a decent gap-up at 80,765.83 against the last day's closing of 80,599.91. The index extended the momentum further following buying in IT, Metal and auto stocks and touched an intraday high of 81,093.19.

26 days ago

Stock market hits 9-month high as Sensex surges past 84,000, Nifty nears 25,650

Sensex, Nifty open higher amid mixed global cues; auto, metal stocks gain

At 9.29 am, Sensex was up 221 points or 0.28 per cent at 80,821 and Nifty was up 82 points or 0.33 per cent at 24,647.

26 days ago

Indian startups raise $184.75 million this week

India's BHASKAR Platform Already Registers 1.97 Lakh Startups and Still Counting

The government is undertaking various outreach and awareness measures for BHASKAR across States/UTs to understand the requirement and experience of key user stakeholders, including small and micro-enterprises, said Minister of State for Commerce and Industry, Jitin Prasada, in a written reply in the Rajya Sabha.

28 days ago

NSDL IPO issue oversubscribed by 15 times

Non-institutional investors (NII) led the subscription race, overbooking their reserved section nearly 20 times. Employees booked their reserved portion nearly 10 times, while Retail Individual Investors (RII) subscribed nearly six times. QIBs subscribed to their allocated portion over three times.

29 days ago

India 2047 — a sustainable power: Shaping a multipolar future

By 2047, India will anchor Asia, mediate global divides, and shape equitable norms, not through hegemony but through its unique capacity to stabilize complexity.

29 days ago

Indian stock market opens in red, IT stocks drag

Indian stock markets end lower as India-US trade deal stalls; Sensex down 585 points, Nifty 203 points

Sensex settled at 80,599.91, down 585.67 points or 0.72 per cent. The 30-share index started the session in negative territory at 81,074.41 against last session's closing of 81.185.58, following the tariff threat by US. The index further extended the falling momentum amid overall selling pressure-especially in Pharma and IT sector. The index touched intra-day low at 80,495.57.

29 days ago

Sensex, Nifty trade flat after mild early losses; realty stocks gain

Nifty, Sensex open lower as new Trump tariffs kick in

At 9.25 am, Nifty 50 was down 51 points or 0.21 per cent from yesterday's close, now at 24,716, while the BSE Sensex has slipped 179 points or 0.22 per cent, trading at 81,005.

29 days ago

Apple smashes Q3 estimates with $94B revenue; iPhone and services lead rally

Apple's Q3 FY25 results show a company in command of its core business while carefully positioning itself for the future. The narrative is clear: while the iPhone remains king, services are quickly becoming the kingdom.

29 days ago

Adani Realty most valuable unlisted company on 'Hurun Real Estate List 2025'

The report said that India's top real estate firms are valued at Rs 16 lakh crore or $188 billion, up by Rs 1.9 lakh crore. Their total value grew by only 14 per cent, a sharp drop from last year's 70 per cent growth and the lowest on record for the list.

Jul 31, 2025