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Adani Group

Hindenburg Impact: Adani Electricity, Adani Ports ratings revised to 'negative'

The negative outlook reflects the risk of a deterioration in the credit profile of Adani Ports and Adani Electricity Mumbai, said S&P ratings Feb 4, 2023
Nick Chandi

Nick Chandi's ForwardAI Was Born from Business Failures; Today it Helps Stop Them

Forward AI founded by Nick Chandi changes how lenders and small businesses navigate the lending process, making it simple and efficient for all parties involved. Feb 3, 2023
Adani Group

'Govt has nothing to do with Adani issue,' says Union Minister; SEBI silent

Parliamentary Affairs Minister Pralhad Joshi on Friday categorically said that the government has nothing to do with the Hindenburg report on Adani group Feb 3, 2023
Who is Philipe Haydon; former Himalaya CEO joins Dabur India to lead healthcare [details]

Philipe Haydon, former Himalaya chief, joins Dabur India; set to lead healthcare [details]

Philipe Haydon, who retired as CEO at the Himalaya Drug Company after four decades has joined Dabur India to lead healthcare. Feb 2, 2023
Budget 2023-24: No tax on personal Income up to Rs 7 lakh

Insurance firms face market reality after 'Halahala' poison in 'Amrit Kaal' budget

Life insurance scrips suffer from 'Halahala' poison in Amrit Kaal budget Feb 2, 2023
Tax

Buying foreign stocks? TCS on overseas remittance hiked from 5% to 20%. [details]

The increased Tax Collected at Source (TCS) will take effect from July 1, 2023. Feb 1, 2023
Electric vehicle

EVs to get cheaper: Centre proposes customs duty exemption on batteries; industry hails decision [details]

Finance Minister Nirmala Sitharaman in her Union Budget 2023-24 speech said that the subsidies on EV batteries will be extended for one more year, hence making EVs cheaper in the country. Feb 1, 2023
Life insurance

No tax exemption for insurance policies with premium above Rs 5 lakh; there's a silver lining

While this will dampen the interest of individuals to buy high value traditional insurances, it will increase the focus on term plans and pure risk covers which is good. Feb 1, 2023
Union Finance Minister Nirmala Sitharaman.

Govt announces Customs duty cuts on goods other than textiles, agriculture; see what's changed

Union Finance Minister Nirmala Sitharaman during her Budget speech on Wednesday proposed to reduce the number of Basic Customs Duty (BCD) rates on goods other than textiles and agriculture from 21 per cent to 13 per cent. Feb 1, 2023
Budget 2023-24

Market enthusiasm fades after a brief post-budget rally; Sensex down at 59,900, Nifty hovers around 17,700

As of 2:10 PM, Sensex is trading up nearly 300 points or 0.5% to 59,841 points, while Nifty is trading at 17,701 points, up 40 points or 0.22%, while Nifty Bank is trading up more than 500 points or 1.34% to 41,200 points Feb 1, 2023
Budget 2023-24

Budget 2023-24: No tax on personal Income up to Rs 7 lakh [Details]

A tax of 5 per cent would be levied on total income between Rs 3 lakh and Rs 6 lakh, 10 per cent tax would be imposed on income between Rs 6 lakh to Rs 9 lakh, it would be 15 per cent on income between the range of Rs 9 lakh to Rs 12 lakh. Feb 1, 2023
Nirmala Sitharaman

Union Budget 2023: Did FM Nirmala Sitharaman meet the expectations? [key points]

In her fifth budget in the Parliament, FM Nirmala Sitharaman put the fiscal deficit 2023-24 estimate at 5.9 % of the GDP. Feb 1, 2023
sensex

Sensex, Nifty turn flat; investors brace for Union Budget and fed's policy outcome

As of 1:15 PM, Sensex is trading down merely 16 points or 0.02% to 59,484 points, while Nifty is trading flat at 17,647 points and Nifty Bank is trading up 300 points or 0.75% to 40,688 points Jan 31, 2023
William Kok

COO Interview: William Kok, the Future of Global Infrastructure Analysis

William Kok said For carriers, cloud, and CDN companies, it's important to measure user experiences since there can be network jitter or latencies Jan 31, 2023
Startup

10-yr tax holiday, less holding period of ESOP shares: Startups on Union Budget

Indian startup founders on Monday said that to explore a comprehensive digital India, the Union Budget for FY24 must leverage the full inherent potential of the homegrown technology industry to become champions of digitisation Jan 30, 2023
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