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Showing posts from March, 2025

In fresh Rs 37k crore lifeline to Vi, government converts dues into equity

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The government has decided to convert Rs 36,950 crore of Vodafone Idea's spectrum dues into equity, making it the largest shareholder with almost 49% stake. Promoters' holding will fall to 26%, while the move aims to free cash flow for the company to invest in 5G rollout and improve services. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AfKksvw

India to grow at 6.5% in financial year 2026: EY report

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bViHeGZ

TPSC JE 2025 registration deadline extended, check official notice here

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The Tripura Public Service Commission (TPSC) has extended the registration deadline for the Junior Engineer (JE) recruitment exam 2025 until April 7, 2025. Originally set for March 21, 2025, the extension allows candidates to apply via tpsc.tripura.gov.in. The recruitment drive targets 198 vacancies: 105 for Grade 1 and 93 for Grade 2 posts, creating opportunities. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/iCvK3LE

Delhi DoE Class 6,7,8,9, and 11 result declared: Check direct link here

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The Directorate of Education (DoE) Delhi announced results for Classes 6, 7, 8, 9, and 11 in Science, Arts, and Commerce. Students can check their results on edudel.nic.in by entering Student ID, Class, Section, and Date of Birth. Class 11 candidates must choose their stream to view the detailed results. Students across Delhi are notified. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/H4k2dI8

FIIs offload Rs 1.27 lakh crore in FY2025, DIIs remain bullish

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FIIs were net sellers of Rs 1,27,401 crore in FY2025, but selling eased in March. DIIs bought Rs 6,06,368 crore throughout the year. The change in FII strategy in March contributed to Nifty's gains. SEBI's new threshold for beneficial ownership disclosures and RBI's increased investment cap aim to boost market liquidity. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mTW3JKY

SBI chief Setty to be IBA chairman

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jQEWTqr

Banks' home loans grow more than industry credit

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Banks have expanded their loan book by 9.3% with an additional Rs 15.3 lakh crore in the first 11 months of the financial year. Personal loans accounted for the largest share, with housing loans contributing significantly. Agriculture and vehicle loans also saw notable growth. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WvjHUIS

India-US trade talks to enter extra time

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tkmFx4e

Government clears 23k crore sops for electronics component manufacturing

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/r5AcFbo

India Inc raises record Rs 3.8L crore in FY25 from equity, debt markets

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Indian companies raised a record Rs 3.8 lakh crore in FY25 through IPOs and QIPs, apart from debt. Including rights offers, total funds raised approached Rs 3.9 lakh crore. Major IPOs included Hyundai Motor, Swiggy, and NTPC Green Energy. Debt instruments raised Rs 11.1 lakh crore. Strong listing gains and institutional support boosted fund-raising. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1O3n6wb

Ashok Leyland EV subsidiary Switch likely to stop manufacturing in UK

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/4Peu0aI

Groww to raise $250 million led by GIC at $6.8 billion valuation

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Investment platform Groww is set to raise about $250 million in a pre-IPO funding led by Singapore's GIC, boosting its valuation to $6.8 billion. The Bengaluru-based company aims to go public by December, targeting a valuation between $6 billion and $8 billion. Groww has rapidly expanded its financial services and increased its revenue significantly. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rOiHpkD

IndiGo connects Mumbai to Seychelles, to launch Bhubaneshwar-Goa next week

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/asJDrL6

Tourist visa applications for summer 2025 travel surge by 68 %

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2IQ5Avc

Govt seeks to drop 6% tax on online ads, US giants may gain

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nCWgjk4

IMF: India's fin system resiliency has improved

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/T1cW6MG

Nifty regains 2025 losses, sensex just 50 points shy

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KumZbpc

SC allows audit regulator's proceedings against CAs

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/izKnEVh

Pay less on Amazon... E-tailer cuts seller fee

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2UNPIyT

Relief for farmers, exporters as govt scraps 20% export duty on onions

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/eK1J3Ld

L&T looks to raise Rs 12k crore through debt

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KeZYpQU

Federal Reserve chief Jerome Powell sees tariff impact as transitory

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YxrhwRK

Commerce min moots 12% duty on steel products

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CZGYtWb

Mere ‘legal’ owner of property needn’t pay cap gains tax: ITAT

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sZU8AFh

US Federal Reserve keeps benchmark rate unchanged in 4.25-4.5% range

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The US Federal Reserve has decided to keep the benchmark interest rate in the 4.25-4.5% range, while monitoring economic data and risks. Economic uncertainty has risen amid policy changes under President Trump. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AfMKL51

XRP surges 11% as SEC ends appeal in Ripple’s legal battle

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XRP's price surged nearly 11% to $2.52 after Ripple CEO Brad Garlinghouse announced that the SEC is no longer pursuing its appeal in the legal case against the company. Ripple had been in a nearly four-year legal battle with the SEC over allegations of violating securities laws. Garlinghouse criticized the SEC for its actions, calling the system broken. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MoyqHIm

Desi FMCG brands pack Rs 1,000cr punch

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uPFnXmw

Tractors and Farm Equipment appoints Lakshmi Venu as vice-chairperson

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Lakshmi Venu, director of TAFE and daughter of CMD Mallika Srinivasan, is appointed vice-chairperson of TAFE. This aligns with the next generation taking leadership roles in TAFE and TVS, where her brother Sudarshan Venu is MD of TVS Holdings and TVS Motor Company. Lakshmi aims to enhance TAFE's growth and success. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uPtkmv2

Bajaj to buy out Allianz's stakes in insurance joint ventures

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Bajaj group will take over Allianz's 26% stakes in their insurance ventures for Rs 24,180 crore, making both insurers entirely Indian-owned. Bajaj Finserv’s stake will rise to over 75% in both firms. This acquisition ends a 24-year partnership with Allianz, allowing both to pursue independent insurance strategies in India, enhancing shareholder value. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/638qGo9

India's direct tax collections rise by 16.15% to reach Rs 25.86 lakh crore till March 16

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India's net direct tax collections for the fiscal year have increased by 13.13% to over Rs 21.26 lakh crore, driven by higher advance tax collections. Corporate tax collections rose by 12.54%, while non-corporate tax collections, including personal income tax, surged by 20.47%. Meanwhile, the Securities Transaction Tax (STT) saw a nearly 56% increase. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Q3MyWrv

IndusInd may have inflated its interest income: Reports

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IndusInd Bank faces a significant financial impact as it addresses discrepancies in its foreign exchange derivative portfolio, leading to overstated net interest income. The bank's credibility is questioned, prompting swift action to rectify financials and appoint a new successor to restore investor confidence. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PzBl2yG

Top stocks to buy: Stock recommendations for next week

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Stock market recommendations: Bajaj Broking Research recommends Piramal Pharma and PTC India for the upcoming week. Nifty is expected to remain volatile, with key support at 22,000-21,700 levels. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0r3PqXi

PSPCL extends apprenticeship application deadline for lineman trade to April 17

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Punjab State Power Corporation Limited (PSPCL) has extended the deadline for Assistant Lineman applications to March 17, 2025. The total vacancies have also been increased from 2,500 to 3,000, providing more opportunities for candidates. These positions are available across various categories, with a significant number reserved for women. Interested candidates with an ITI in Wireman or Electrician trade can apply through the online portal before the new deadline. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/kvuh2ls

IHFL, DB promoters get relief in DHFL-Yes Bank loan fraud case

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The special court rejected the CBI chargesheet against Indiabulls Housing Finance Ltd and others in the Rs 4,733 crore DHFL-Yes Bank loan fraud case, citing insufficient evidence. The court also cancelled lookout circulars for several involved individuals and noted the lack of proof against DB Realty promoters and their associate firms. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/69aC1bL

Hon Hai misses profit as AI doubts persist

Hon Hai Precision Industry Co. reported a 13% drop in net income due to weak Chinese iPhone sales, impacting its margins. Despite this, the company predicts a significant growth in AI-related revenue this quarter, driven by its role as a key assembler for Nvidia's AI servers. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QzGbVHq

Cybersecurity: Infosys' US unit to pay $18mn fine

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Infosys McCamish Systems, impacted by a 2023 cybersecurity incident, will pay $17.5 million to resolve class-action lawsuits. The settlement follows mediation with plaintiffs and covers allegations against IMS and some customers. Approval will close lawsuits without liability admission. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WowxsPY

Tesla seeks certification for 2 EV models in India

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Tesla has initiated the certification and homologation process for the Model Y and Model 3 in India as required to enter the market. The Indian EV market is growing, with sales increasing by 20%, due to government initiatives and subsidies. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3K1kABH

Leo Puri resigns as HUL independent director

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FxzeItU

India’s growth to exceed 6.5% in FY26: Moody’s

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1c4g7sb

HK company Caravel Group buys maritime body

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5XVnYzo

IndusInd Bank shares plunge 27%, erase Rs 19,000 crore in market value

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IndusInd Bank shares dropped 27% to Rs 656, erasing Rs 19,000 crore in market value due to a Rs 2,100 crore derivatives accounting discrepancy. The bank's net worth decreased by 2.4%. Concerns about governance and risk management led to investor worry, affecting other small private banks like Bandhan Bank and RBL. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TdhoAq8

Wall Street plunges nearly 10% below record as Trump’s tariff escalation sparks market turmoil

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US stock markets fell after President Trump announced higher tariffs on Canadian steel and aluminum. The Dow Jones dropped 625 points. Companies like Delta and Southwest Airlines revised their revenue forecasts due to uncertainty. Tesla's stock rose as Trump expressed support for the company. Major tech stocks showed stability despite the market turmoil. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/B5m8gck

Net worth may take a hit of around Rs 1,530 crore: IndusInd Bank

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IndusInd Bank has identified valuation losses in its forex derivative contracts that could impact its net worth by up to 2.4%, or around Rs 1,530 crore. The bank has assured that the losses pertain to FY24 and earlier, and they are working with an external adviser to review and address these discrepancies. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/odwxQuL

Sebi announces AML, CFT certification for market intermediaries

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Sebi has launched a certification course focused on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) to enhance understanding among securities market intermediaries. The course covers principles under various legislative acts and promotes awareness of AML and CFT guidelines, aiding compliance. Developed with NISM, this initiative strengthens capital market regulations. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/h8yrGnV

‘If you take one step forward, govt is there to take 10 steps with you’

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2vRMscr

Women remain under-represented in VC industry

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Women remain under-represented in India's venture capital industry, particularly in decision-making roles. Analysis highlights major firms such as Z47 and Nexus Venture Partners with no female investors. Though firms like Peak XV Partners and Blume Ventures show better representation, the industry-wide gender gap persists, impacting the startup ecosystem by potentially limiting support for women-led startups. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/q0FfSVd

Brokers bet on March revival in sensex, Nifty

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March is historically the best time for Indian stock market returns, and a similar trend is expected this month. Nifty and other indices have shown positive average returns in March over the last decade, barring 2020. Analysts suggest that current market dynamics and financial stock performance support a potential rebound in the stock market. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TVWBCgn

Panel readies 23-point best practices for states

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The Centre is preparing a 23-point template for reforms and deregulation to simplify business operations, focusing on areas like land, labor, utilities, and permits. A taskforce led by cabinet secretary TV Somanathan is considering single window clearance, reducing inspections, and extending permit validity. Proposed changes aim to ease land use regulations, flexible labor laws, and better working conditions for women. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/a7fe95P

Solar capacity additions to accelerate with 85-90 GW projected for FY26-27

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Solar capacity additions in the country will accelerate in the Financial Year (FY) 2026 and FY27, with 85-90 GW of new solar capacity expected to be added during these two years combined, according to a report by SBI Caps. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/k2yEoQz

India lifts export ban on broken rice

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The Indian government has lifted the export ban on broken rice, imposed in September 2022, to boost shipments and due to rising inventories. This follows the removal of the minimum export price and previous bans on non-basmati white rice amid sufficient domestic stocks and stable retail prices. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dFzv27a

Banks must continue to innovate & transform: FM Sitharaman

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uUPeLfh