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Abtak.com - Business - News Image
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BusinessOct 16, 2025 09:34 AM

UK's Investec initiates coverage on Adani Ports, sees up to 23% upside

UK-based Investec initiated coverage on Adani Ports with a buy rating and a target price of Rs 1,715, implying 23.5% upside from the previous close. The brokerage highlighted strong organic growth potential, efficient operations, a robust balance sheet, and deleveraging, projecting 15% revenue CAGR over FY25-30. Adani Ports' integrated logistics and marine services further enhance long-term growth prospects. UK-based Investec became the latest brokerage to initiate coverage on Adani Ports and S ...Read More >

Social News XYZ - Business - News Image
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BusinessOct 07, 2025 02:17 PM

InGovern flags legal, financial concerns with WeWork India amid firm's sluggish IPO response

Mumbai, Oct 7 (SocialNews.XYZ) Workspace solutions provider WeWork India Management Limited is facing a muted investor response for its Rs 3,000-crore initial public offering (IPO), amid concerns raised by governance advisory firm InGovern Research Services Private over its weak financials, legal troubles involving promoters, and heavy reliance on the WeWork Global brand. According to NSE data, the IPO -- which closes for subscription today -- has been subscribed only 16 per cent while writing ...Read More >

Business Standard - Business - News Image
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BusinessOct 01, 2025 01:54 PM

WeWork India IPO: Rapid growth, hidden risks; what investors should know

WeWork India IPO: The initial public offering (IPO) of the flexible workspace operator, WeWork India Management, will open for bidding on Friday, October 3, 2025. The public issue worth ₹3,000 crore comprises an offer for sale (OFS) of 46.3 million equity shares and no fresh issue component. The three-day subscription window is scheduled to close on Tuesday, October 7, 2025. The basis of allotment of shares is likely to be finalised on Wednesday, October 8, 2025. The stock will be listed on the ...Read More >

NewsDrum - Business - News Image
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BusinessOct 01, 2025 01:05 PM

Vedanta Resources' USD 500 mn dollar-denominated bond issue gets 3 times oversubscription

New Delhi, Oct 1 (PTI) Mining conglomerate Vedanta Resources has raised USD 500 million through the sale of a seven-year US dollar-denominated bond issue, which was oversubscribed three times. Vedanta Resources Finance II plc, a subsidiary of Vedanta Resources, said in an exchange filing that its USD 500 million bond issue attracted bids exceeding USD 1.6 billion, more than triple the issue size. The net proceeds from the offering will be used to repay existing debt and for general corporate p ...Read More >

India TV News - Business - News Image
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BusinessSep 29, 2025 11:52 PM

After TCS, Accenture, bad news for employees of this company as it plans to sack 4000 employees due ...

New Delhi: Following the announcements of layoffs by IT giants TCS and Accenture, the aviation industry has now faced a major setback. Germany's renowned airline group, Lufthansa, announced on Monday, 29 September 2025, that it will lay off 4,000 employees at the administrative level by 2030. This move, taken in the name of promoting digitalisation and automation, is worrying news for millions of employed people. Lufthansa has faced persistent cost pressures and labour disputes over the past fe ...Read More >

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OtherPoliticsSportsBusinessSep 29, 2025 04:34 PM

Axis Bank Launches India's First Gold-Backed Credit on UPI powered by Freecharge - Newspatrolling.co...

Bengaluru, 29 September 2025: Axis Bank, one of the largest private sector banks in India, in collaboration with Freecharge, has unveiled Credit on UPI with Gold Loans - India's first gold-backed credit line accessible through the Unified Payments Interface (UPI). This innovative product is designed to unlock the economic potential of gold assets, especially for micro, small and medium enterprises (MSMEs), self-employed entrepreneurs and merchants across both urban and rural India. Credit on UP ...Read More >

Abtak.com - Business - News Image
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BusinessSep 29, 2025 09:10 AM

Experts flag input tax credit blockage for FMCG distributors despite GST relief

Kolkata: The government's recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, experts said. Indirect Tax Expert at LexVed Vedika Agrawal said the GST circular 251 makes it clear that financial or commercial credit notes - those issued without GST - do not require distributors to reverse their input tax credit (ITC). Input tax credit is the tax a business unit pays on i ...Read More >

LatestLY - Business - News Image
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BusinessSep 26, 2025 12:43 PM

Business News | Ventive Hospitality to Acquire 76% Stake in Soham Leisure Ventures, Owner of Hilton ...

Pune (Maharashtra) [India], September 26: Ventive Hospitality Limited (BSE: 544321, NSE: VENTIVE) ("Ventive Hospitality") announced today that it proposes to enter into definitive agreements to acquire a 76% stake in Soham Leisure Ventures Pvt. Ltd. (Soham). Soham owns the 104 operational keys Hilton Goa Resort and a land parcel in Goa. Also Read | Pakistan PM Shehbaz Sharif, Field Marshal Asim Munir Wait 'Somewhere in the Oval' for Almost Hour To Meet Donald Trump (Watch Video). In line with ...Read More >

Social News XYZ - Business - News Image
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BusinessSep 16, 2025 04:17 PM

After GST rate cut, govt waives mandatory re-labelling of medicines

New Delhi, Sep 16 (SocialNews.XYZ) In a major relief for the pharma sector, the government has dismissed the mandatory rule for drug manufacturers to recall, or re-label medicines already released in the market before September 22, the Department of Pharmaceuticals said. This follows the latest revision in Goods and Services Tax (GST) rates early this month by the GST Council, which reduced the GST on medical devices to 5 per cent from 12 per cent. The National Pharmaceutical Pricing Authority ...Read More >

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BusinessSep 15, 2025 10:34 AM

Classification of REITs as 'equity' to boost investment in Indian real estate: Industry

New Delhi, Sep 15 (PTI) Markets regulator SEBI's decision to classify Real Estate Investment Trusts (REITs) as "equity" for investments by mutual funds is a progressive step that will widen investors' participation and strengthen this instrument. To enhance investment by Mutual fund schemes in REITs, the SEBI Board last week approved the amendments to SEBI (Mutual Funds) Regulations, 1996, for re-classifying REITs as "equity" and retaining the "hybrid" classification for the InvITs, for the pur ...Read More >

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BusinessSep 13, 2025 03:51 AM

India REIT Market to Hit $25 Billion in 4 Years with 38% Surge

The Indian real estate investment trust (REIT) market has grown steadily since its initial listing in 2019. Three more REITs are expected over the next four years. "Attractive yields of 6-7 per cent, coupled with rental escalations and capital appreciation opportunities, make Indian REITs highly competitive compared to global peers," Anarock Capital and Real Estate Developers' Associations of India (CREDAI) said in a joint report. The combination of regulatory confidence, market depth, and gro ...Read More >

mint - Business - News Image
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BusinessSep 12, 2025 08:36 PM

Sebi to broaden definition of strategic investor under REIT, InvIT norms | Company Business News

Mumbai, Sep 12 (PTI) Sebi on Friday decided to broaden the definition of 'strategic investor' under the REIT and InvIT norms by including QIBs and certain categories of FPIs to attract more institutional capital. The Sebi board also cleared a proposal for reclassifying REITs (Real Estate Investment Trusts) as "equity" and retaining the "hybrid" classification for InvITs (Infrastructure Investment Trusts) for the purpose of investments by mutual funds and Specialised Investment Funds. These pro ...Read More >

The Times of India - Other Sports Technology Entertainment Business Politics - News Image
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GST Reforms To Benefit Middle And Lower Income Groups: Industry Leaders | Business

New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >

ANI News - Business - News Image
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BusinessSep 05, 2025 07:52 PM

REITs are showing robust growth following government support

New Delhi [India] September 5 (ANI): Investments under Real Estate Investment Trust (REIT) are gaining momentum. In an exclusive interview with ANI, Alok Aggarwal, MD & CEO, Brookfield India Real Estate Trust & Chairperson, Indian REITs Association, said that the sector is showing robust growth backed by the government support and policies. "In terms of unit holders, they were just 6,000 in 2019, and they increased to a whopping 3 lakh now. So you can see the kind of growth we are having. So w ...Read More >

Unknown Source - Business - News Image
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BusinessAug 28, 2025 03:51 PM

Adani Group's loan ledger sees key change amid big transformation in financial strategy

The Adani Group has significantly increased its reliance on Indian lenders, with domestic banks and financial institutions now responsible for half of its staggering debt, which exceeds Rs 2.6 lakh crore, The Times of India reported on August 25. This marks a notable rise from 40% just a year ago, as the conglomerate navigates a changing financial landscape characterised by lower local funding costs and improved credit ratings, ToI's report (by Mayur Shetty) said. In the twelve months leading u ...Read More >

Unknown Source - Business - News Image
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BusinessAug 25, 2025 10:20 PM

Adani Green Energy's Rating Boost: Market Leadership and Robust Growth

CareEdge Ratings upgraded Adani Green Energy's rating from 'AA-' to 'AA/Stable', highlighting its market leadership, robust execution, and strong financial profile. With an operational capacity of 15.8 GWAC and plans to reach 50 GWAC by 2030, AGEL's growth is underpinned by long-term power purchase agreements. Adani Green Energy has received an upgrade in its credit rating from CareEdge Ratings, moving from 'AA-' to 'AA/Stable'. This development comes as a result of the company's prominent mark ...Read More >

ThePrint - Politics Business - News Image
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PoliticsBusinessAug 14, 2025 02:43 PM

Powering Renewable Energy Transition for Southern Region: A Seminar Focused on 100% Renewable Roadma...

Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 RE for ...Read More >

LatestLY - Business - News Image
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BusinessAug 14, 2025 02:41 PM

Business News | The Future of Accounting Software: Trends for 2025 and Beyond | LatestLY

New Delhi [India], August 14: Having worked closely with micro, small, and medium businesses (MSMEs) for over two decades, I have seen how transformative the right accounting tools can be in helping businesses streamline billing, avoid losses due to incorrect pricing and other manual errors, simplify tax compliance, ensure full input tax credit claims, and optimize bookkeeping processes. Also Read | 'Bigg Boss 19': Transgender Athlete Anaya Bangar Approached for Salman Khan's Upcoming Reality S ...Read More >

Daily News and Analysis (DNA) India - Politics Sports Business Technology - News Image
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India would not have got Independence without Bengal: Mamata

Kolkata, Aug 14 (PTI) Chief Minister Mamata Banerjee on Thursday said India would not have got Independence if Bengal was not there, as personalities like Rabindranath Tagore and Subhas Chandra Bose, who contributed significantly to shaping the nation's destiny, were born here. Speaking at a function marking the 12th anniversary of the 'Kanyashree' scheme, Banerjee said Bengal is the beacon of hope which stands for unity amid diversity. "If Bengal was not there, India would not have got Indepe ...Read More >

The Cambodia News - Business Technology - News Image
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BusinessTechnologyAug 14, 2025 02:34 PM

The Future of Accounting Software: Trends for 2025 and Beyond

VMPL New Delhi [India], August 14: Having worked closely with micro, small, and medium businesses (MSMEs) for over two decades, I have seen how transformative the right accounting tools can be in helping businesses streamline billing, avoid losses due to incorrect pricing and other manual errors, simplify tax compliance, ensure full input tax credit claims, and optimize bookkeeping processes. When implemented effectively, modern accounting solutions empower business owners to shift their focus ...Read More >

NewsDrum - Business - News Image
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BusinessAug 14, 2025 11:52 AM

Case against Shilpa Shetty, husband Raj Kundra for 'cheating' businessman of Rs 60 crore

Mumbai, Aug 14 (PTI) Mumbai Police have registered a case against actor Shilpa Shetty and her husband Raj Kundra for allegedly duping a businessman of Rs 60.4 crore in a loan-cum-investment deal in their now defunct company Best Deal TV Private Limited, officials said on Thursday. However, a lawyer representing Shetty and businessman Kundra denied the allegations, saying this was a "baseless and malicious case" aimed at maligning his clients, and appropriate action was being initiated against t ...Read More >

The Times of India - Other Politics Sports Business Technology Entertainment - News Image
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Business News | Medulla Communications Expands Global Footprint with Strategic Launch in Singapore |...

Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | Ne ...Read More >

Social News XYZ - Entertainment - News Image
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EntertainmentAug 14, 2025 11:22 AM

Cheating case: 'Malicious attempt to defame my clients', says Shilpa Shetty, Raj Kundra's advocate

New Delhi, Aug 14 (SocialNews.XYZ) Soon after Bollywood actor Shilpa Shetty Kundra and her businessman husband Raj Kundra were booked in connection with the Rs 60.4 crore cheating case, their advocate, Prashant Patil, on Thursday issued a statement calling the case "baseless" and said it is aimed at maligning the reputation of his clients. The case, linked to a now-defunct company Best Deal TV Pvt Ltd, involves a complaint by Mumbai-based businessman Deepak Kothari, who has accused the couple o ...Read More >

The Hindu - Other Technology Entertainment Health Business Politics - News Image
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Credit-to-Deposit ratio in banks remain below 80% as demand in credit slows down: Report

New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >

mint - Politics Other Business Entertainment Technology Health - News Image
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Braving darkness, fast currents, Army battles flood to rescue people in Himachal

Shimla, Aug 14 (SocialNews.XYZ) Braving darkness, fast currents and unstable terrain, the Indian Army on Thursday said its swift response averted a potential tragedy when a sudden flash flood struck Hojis Lungpa Nala in Himachal Pradesh's mountainous Kinnaur district. The incident happened at around 7 p.m. on Wednesday. Triggered by a cloudburst in the higher reaches of the Rishi Dogri Valley, the deluge engulfed the bridge across the Sutlej River and injured one individual. The site was an ac ...Read More >

ETTelecom.com - Technology - News Image
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TechnologyAug 14, 2025 08:27 AM

Oracle cuts over 150 jobs in cloud unit surge in AI spending: Report

NEW DELHI: US-based Oracle is cutting jobs in its cloud unit in a bid to control costs amid heavy spending on artificial intelligence (AI) infrastructure, news agency Bloomberg reported, citing people familiar with the development. Part of the layoffs were related to performance issues; however, the cloud unit continues to hire workers, as per the report, which cited two unnamed people. Oracle has cut more than 150 jobs in the Seattle area, which is the unit's hub. The cloud infrastructure sol ...Read More >

The Hindu - Other Politics Business Entertainment - News Image
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Rahul Gandhi to launch INDIA bloc's 'Vote Adhikar Yatra' against Bihar SIR on Aug 17

PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders ...Read More >

Free Press Journal - Entertainment - News Image
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EntertainmentAug 14, 2025 07:53 AM

Shilpa Shetty, Husband Raj Kundra Booked By Mumbai Police For Allegedly Cheating Businessman Of ₹60 ...

Mumbai: Actor Shilpa Shetty Kundra, her businessman husband Raj Kundra and another unidentified person have been booked by the Economic Offences Wing (EOW) of the Mumbai Police for allegedly cheating a city-based businessman of Rs 60.48 crore in a loan-cum-investment arrangement linked to their now-defunct company, Best Deal TV Pvt Ltd. The FIR, initially lodged at Juhu police station under various IPC sections for cheating and forgery, was reportedly transferred to the EOW as the sum involved ...Read More >

The Times of India - Other Sports Environment Entertainment Business Politics - News Image
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Traffic likely to be affected in central Delhi areas today | Delhi News - Times of India

New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an ...Read More >

Economic Times - Business - News Image
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BusinessAug 14, 2025 12:24 AM

Sebi bans Wadhawan brothers, four others; slaps ₹120-cr fine

Mumbai: The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd's (DHFL) former chairman Kapil Wadhawan, his brother Dheeraj Wadhawan and four others from accessing the securities market for five years, and imposed a cumulative penalty of ₹120 crore on them for diverting company funds to entities linked to its promoters. The regulator has also prohibited Kapil and Dheeraj Wadhawan from serving as directors or key managerial personnel in any listed comp ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.