Category: Business

The NSE IPO is likely to be a pure offer-for-sale, wherein existing shareholders are likely to offer 4%-4.5% of the equity. (Reuters)
Posted in Business

SBI, LIC emerge as key sellers in $2.5-billion NSE IPO, DRHP likely in 3 months| Business News

State Bank of India and Life Insurance Corporation of India Ltd. are likely to be key sellers in the potential $2.5-billion initial public offering of…

Continue Reading
While noting the overall fiscal discipline, Uday Kotak highlighted the welcome increase in defence spending. (@udaykotak/X)
Posted in Business

Billionaire banker Uday Kotak hails Nirmala Sitharaman’s Budget 2026: ‘Budget for the real economy’

India’s budget for 2026-27, presented by Union Finance Minister Nirmala Sitharaman on Sunday, drew attention from business leaders across the country. Uday Kotak, founder of…

Continue Reading
The waiting period for Maruti Suzuki's mass-market cars, like the Wagon R, has stretched to beyond a month. (Reuters)
Posted in Business

Maruti Suzuki weighs a price hike even as demand for its cars outstrips supply| Business News

Maruti Suzuki India Ltd. is weighing a price hike to offset higher commodity costs, even as demand for its cars outstrips supply. The waiting period…

Continue Reading
Only State Bank of India and HDFC Bank are the only Indian banks that rank among the Top 100 globally by assets. (Bloomberg)
Posted in Business

India weighs up to 49% foreign stake in PSU banks including SBI to fund growth| Business News

India is considering allowing foreigners to own up to 49% stake in its public sector banks as policymakers seek to bolster capital at these lenders…

Continue Reading
Nithin Kamath, co-founder and chief executive officer of Zerodha. (Livemint)
Posted in Business

“I’m not sure this will do anything” — Zerodha’s Nithin Kamath questions rationale of STT hike on F&O trading| Business News

Zerodha Ltd.’s Nithin Kamath has questioned the rationale of the STT hike on F&O trading, asserting that the impact is skewed. Nithin Kamath, co-founder and…

Continue Reading
This astonishing and unedited photo of the Lotus Temple captured handheld at 120x zoom, using a Xiaomi 17 Ultra by Leica, with AI off. (Vishal Mathur/ HT Photo)
Posted in Business

Xiaomi 17 Ultra By Leica edition rebels against AI-overwhelmed photography| Business News

There is a very clear direction of this flagship phone that puts it at odds with the general approach by most cutting edge smartphone imaging…

Continue Reading
Representational image.
Posted in Business

Budget 2026 extends tax filing deadlines, simplifies forms for individual taxpayers| Business News

The Union Budget 2026–27 did not introduce any changes to income tax rates, but announced several targeted measures to ease the compliance burden for individuals…

Continue Reading
A busy road in Navi Mumbai. (HT Photo)
Posted in Business

Tax exempted for motor accident compensations| Business News

In a move aimed at easing the financial burden on accident victims, Union finance minister Nirmala Sitharaman, in her Budget 2026 speech, proposed a complete…

Continue Reading
For representational purposes only. (AFP File)
Posted in Business

Stock buybacks to be taxed as capital gains| Business News

In Budget 2026, the government proposed taxing share buybacks as capital gains rather than dividend income. The move addresses a complex and widely criticised tax…

Continue Reading
Representational image.
Posted in Business

Income-tax and customs reforms aimed at easing the compliance burden| Business News

The Union budget 2026 leaves headline tax rates unchanged, focusing on simplifying compliance, providing more certainty and building trust between the taxpayer and the State….

Continue Reading