Business

[ad_1] MUMBAI: In three companies – One97 Communications (Paytm), Aether Industries, and KFin Technologies – institutional shareholders and promoters are selling large chunks of their holdings to raise about Rs 3,900 crore, term sheets for the deals showed.In Paytm, Antfin (Netherlands) Holding, one of the early investors in the digital payments solutions pioneers in India,…

[ad_1] Image used for representative purposes NEW DELHI: Cyber security watchdog CERT-In on Monday issued a vulnerability advisory regarding certain versions of Apple’s iOS operating system and iPad operating system as they may allow malicious applications. “A vulnerability in Apple‘s iOS and iPad OS may allow certain malicious applications to cause affected devices to become…

[ad_1] MUMBAI: A ceasefire between India and Pakistan lifted investor sentiment on Dalal Street on Monday, spurring the sensex and Nifty to their biggest single-day gain ever in terms of points. The day’s rally also made investors richer by Rs 16.2 lakh crore, marking the biggest one-day gain in market capitalisation.After an initial surge in…

[ad_1] President Donald Trump on Monday signed a sweeping executive order aimed at slashing prescription drug prices in the United States, giving pharmaceutical companies a 30-day deadline to cut costs or face action.“Starting today, the United States will no longer subsidise the healthcare of foreign countries… and we’ll no longer tolerate profiteering and price gouging…

[ad_1] Capital expenditure (capex) at small private airports in India is expected to increase by 50–60 per cent annually over the next three years, driven by capacity expansion amid rising terminal utilisation levels, ratings agency Crisil said on Monday.In contrast, capex at large private airports is projected to decline over the same period, as most…

[ad_1] State-owned Punjab National Bank (PNB) is aiming to expand its lending to the RAM segment—comprising Retail, Agriculture, and MSMEs—to 58 per cent of its total loan book in the current financial year, up from 56 per cent in FY25, according to Managing Director and CEO Ashok Chandra.The bank ended FY25 with RAM segment loans…

[ad_1] Income tax department has notified all seven Income Tax Return (ITR) forms for the assessment year 2025-26. While ITR Forms 1 and 4, used by small and medium taxpayers, were notified on April 29, ITR-7, applicable for trusts and charitable institutions, was notified on May 11.One important change has been introduced in ITR-1 and…

[ad_1] Defence-related stocks extended their gains for a second consecutive session on Monday, buoyed by broader market optimism and rising expectations of increased government focus on the defence sector.Shares of Axiscades Technologies jumped 5 per cent, while Data Patterns (India) Ltd rose 3.88 per cent. Mishra Dhatu Nigam Ltd gained 3.40 per cent, and Bharat…

[ad_1] Dalal Street saw its wealth increase by Rs 16.15 lakh crore. (AI image) India-Pakistan ceasefire impact on stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, saw exceptional rallies on Monday with both indices rising over 3.5%, their biggest single-day gain since February 2021. The strong stock market rally left investors richer…

[ad_1] Defence sector-based Exchange-Traded Funds (ETFs) have seen impressive growth, with returns up to 7% in the past two weeks, fueled by heightened India-Pakistan tensions. This surge comes amid increased investor interest in defence stocks, which are typically considered resilient during periods of geopolitical instability.Groww Nifty India Defence ETF and Motilal Oswal Nifty India Defence…