File picture: The German share price index DAX graph pictured at the stock exchange in Frankfurt, Germany. The DAX index has emerged as one of the surprisingly best performers after a long time. This reflects renewed optimism in Germany’s economy, which is undergoing a reset. | Photo Credit: STAFF If you’d gone into hibernation on … Read more
We have purchased a flat in X venture. The details are as under: We booked a flat on December 3, 2024, by paying a token advance of ₹3.6 lakh. The venture got occupancy certificate from GHMC on December 31, 2024. We entered into a sale agreement on January 18, 2025, for ₹1,40,80,710 (sale consideration ₹1,34,10,200 + GST … Read more
Mahanadi Coalfield Ltd (MCL), a subsidiary of Coal India Ltd (CIL) is going to start operation in two of its new mines having total coal reserve of 35 million tonnes (MT) in Talcher coalfield area of Odisha’s Angul district, a senior company official said. “We are going to start operation of the Subhadra coal mine … Read more
Following a slide to the edge of a bear market, the S&P 500’s over $10 trillion rally has defied Wall Street expectations, underscoring conviction the economy is withstanding policy uncertainties. Wall Street traders dodged a flurry of tariff headlines to drive stocks to all-time highs, capping a week that saw a cooling in West Asia … Read more
(from lef ) Sasikumar Gendham, President, ELCINA; Kumar Duraisamy, CEO, Eastern Global Clothing and Joint Secretary- Tirupur Exporters Association; M. Ramesh, MD, Alphacraft and Kanishka Arumugam, C0- CEO, EKKI Pumps and Sindhu Hariharan, COB, The Hindu businessline at a panel discussion on MSMEs : Navigating Global Trade Disruptions at the MSME Growth Conclave Coimbatore- 2025. … Read more
Lauritz Knudsen Electrical and Automation, a leader in the electrical and automation sector, has unveiled its largest-ever product portfolio aimed at powering the nation’s key industrial clusters and growth corridors. The company plans to traverse across 30 industrial cities to showcase its over 10 future-ready solutions and drive technology adoption in manufacturing and infrastructure hubs. … Read more
Sanjiv Puri, CMD, ITC | Photo Credit: RAGHUNATHAN SR Total remuneration of ITC Ltd. Chairman and Managing Director Sanjiv Puri remained almost flat at ₹25.66 crore in the last financial year (FY) compared to FY 2023-24, when his remuneration had grown around 54 per cent year-on-year. Puri’s total remuneration from the diversified conglomerate in FY24 … Read more
Private sector ICICI Bank on Friday said its board has approved additional 2 per cent increase stake in its asset management arm ICICI Prudential Asset Management Company. The board of the bank on Friday approved purchase of up to 2 per cent additional shareholding in the ICICI Prudential Asset Management Company, ICICI Bank said in … Read more
New India Assurance has received a show cause notice dated June 26, 2025, from the office of Additional Commissioner, Mumbai-South, and Maharashtra state. | Photo Credit: Andrii Yalanskyi New India Assurance Company Ltd on Thursday said tax authorities have issued a show cause notice with a demand of ₹2,298 crore Goods and Services Tax (GST) … Read more
India’s family office count has surged from 45 in 2018 to over 300 in 2024, with a growing number shifting from traditional investments to global and alternative assets, according to a report released by EY and Julius Baer. While about a quarter of family offices still focus on wealth preservation via fixed income and … Read more