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The government will likely introduce a new income tax bill during the upcoming Budget session of Parliament. This significant development aims to simplify the existing Income Tax Act, 1961, by making it more concise, easier to understand, and user-fr

The market regulator has put forward a proposal to extend the cut-off timing for determining the applicable net asset value (NAV) for the redemption of units in mutual fund overnight schemes (MFOS) from the current 3 PM to 7 PM. This recommendatio

Online pharmacy leader PharmEasy is potentially gearing up for a return to the IPO market, two years after shelving its initial plans. According to the Economic Times, the company’s renewed strategy focuses on financial sustainability and a potenti

H.M. Electro Mech Limited is set to launch its Initial Public Offering (IPO), presenting a book:built issue aggregating to ₹27.74 crore. The IPO consists entirely of a fresh issue of 36.99 lakh shares. The IPO opens for subscription on Jan

Urban Company, a leading home services platform, is gearing up for a significant ₹3,000 crore initial public offering (IPO), according to a report by Livemint, which cites insider sources. The company is expected to file draft papers before the end

The Securities and Exchange Board of India (SEBI) has approved six initial public offering (IPO) applications, highlighting the growing interest in public listings across various industries. The approved IPOs belong to Hexaware Technologies, PMEA Sol

On Monday, the Securities and Exchange Board of India (SEBI) returned the draft papers for the public issue of Anand Rathi Share and Stock Brokers Ltd. According to an update with the regulator, the brokerage arm of the Anand Rathi Group had intended

Gold prices in India held steady today, January 21, 2025, following a slight increase observed yesterday. The rates remain consistent, with 22K gold priced at ₹7,450 per gram and 24K gold at ₹8,123 per gram. Cost of Gold in India Remain Steady

On Tuesday, Zomato's stock experienced a sharp decline of over 9 after the company reported weaker-than-expected financial results for the third quarter. The food delivery giant revealed on Monday that its consolidated net profit for the December qu

CLN Energy Limited is set to launch its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹72.30 crore. CLN Energy IPO consists entirely of a fresh issue of 28.92 lakh shares. The IPO opens for subscription on Jan

LIC MF Multi Asset Allocation Fund - Direct (G) is an open-ended scheme introduced by LIC Mutual Fund, aiming to generate long-term capital appreciation through a diversified portfolio comprising equity and equity-related instruments, debt and money

Shares of Ashapura Minechem surged 10 in early trading, reaching a 52-week high of ₹571.6, following the announcement that its overseas subsidiary had entered into a long-term Memorandum of Understanding (MoU) with China Railway, a Global Fortune