Investors in Bharti Hexacom Ltd stock must be a happier lot vis-à-vis their counterparts in Bharti Airtel Ltd, the parent company holding a 70% stake in the former. Hexacom’s shares have gained as much as 66% since its listing day’s
Apple’s ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock. Photograph: Kind courtesy, Mike Cuvelier/Pixabay After a roller-coaster ride for four years, Apple
With only a few days to go before the country celebrates Holi, several airline companies offered discounts on fares on the occasion of the festival of colours. Photograph: ANI Photo While two airlines are providing discounts on both domestic and
After the Dharavi slum redevelopment project, billionaire Gautam Adani’s group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Photograph: Amir Cohen/Reuters Motilal Nagar I, II & III is one
IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management’s assurance failed to arrest the free fall of shares which
As foreign institutional investors (FIIs) continue their massive selloff of Indian equities—offloading $15 billion this year—calls for a revision in India’s capital gains tax regime are growing louder. In an interview with CNBC-TV18, Sunil Badala, Head of Tax at KPMG
It takes years to build trust, but just seconds to break it. No one knows this better than IndusInd Bank Ltd’s investors as they see the bank’s stock crumble amid back-to-back negative developments. On Monday, after market hours, the private
India has extended duty-free imports of urad for another year until March 31, 2026, according to a government notification. The provision was earlier in place until the end of March this year. Myanmar is the main exporting country of urad
Benchmark stock indices Sensex and Nifty closed lower in a volatile session on Monday dragged by selling in industrials and oil & gas shares. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex declined 217.41 points or 0.29 per cent to settle
Union minister Nitin Gadkari on Monday asked the industry not to perennially demand a reduction in taxes as the government needs funds to implement welfare schemes for the poor. Photograph: Mohd Zakir/ANI Photo Addressing an event, the road transport and
