In July, mutual funds increased their allocation to the IT sector to 6.6 per cent, marking a positive shift after an extended period of minimal investment from fund managers. Analysts believe this surge is mainly driven by valuation factors, highlighting a cautious approach from growth investors who are wary of AI’s potential effects on IT…

In a notable rise, Welspun Living shares gained traction following the announcement of solid Q1FY27 earnings, showcasing an eighty-five percent increase in profit year-on-year and a twenty-four percent boost in revenue. Financial experts, including those from Motilal Oswal and JM Financial, have reiterated buy recommendations, forecasting ongoing revenue and margin improvements. Significant contributions are expected…

NRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case in ITAT Ahmedabad

Attention taxpayers: a fraudulent Income Tax notice demanding a payment of Rs 6,000 has been detected online. The Fact Check team from the Press Information Bureau has categorically identified it as a phishing scam. Citizens are strongly advised not to respond to such deceptive messages from unfamiliar sources. Remember, the Income Tax Department will never…

Asia FX ticks up, dollar dips after soft U.S. PPI curbs Fed hike bets

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LEAP India shares were listed at ₹166 on the BSE, up 4.4% from their issue price of ₹159. On the NSE, the stock was listed at ₹165.90, up 4.3% from the issue price.

Amagi Q1 FY27 slides: profitability jumps as AI pilots expand

The regulator ruled that Deloitte was not aware of full facts regarding ZEEL’s unauthorized 2018 property pledge and that disclosure duties rest with company management.

Shiprocket IPO GMP today: According to market observers, the company shares are available at a premium of ₹37 in the grey market today