Latest posts
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Delhi ITAT ruling: How relative’s airline job cleared businessman of tax penalty on foreign currency found in raid
The case highlights the importance of establishing ownership and the source of cash or foreign currency found during an income tax search through credible, corroborated evidence.
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Interarch Building Solutions: Can Data Centre Demand and ₹1,850 Cr Order Book Support 42% Revenue Growth?
The article outlines the order book, growth outlook, and data center opportunity for the company, which is India’s second-largest integrated turnkey pre-engineered steel construction solution provider by capacity With a market capitalization of Rs 2,808 crore, Interarch Building Solutions Ltd’s share closed at Rs 1,670 per share, flat from its previous close. The stock of…
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Should you invest in Nifty 50 equal weight index mutual funds now? This 12-month ratio can help you decide
Nifty 50 Equal Weight Index Funds give investors balanced exposure across large-cap stocks. But with all funds in the red over the past year, should you invest or not? A simple indicator may help investors assess which strategy could suit the current phase.
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Bets on US Federal Reserve rate hike in October fall as job market cools
Last month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose to 4.2%, indicating a slight deterioration in the labor market. Traders decreased expectations for another Federal Reserve interest rate hike later this year, with less than a 20% chance for October. Despite a recent…
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Finolex Cables Is Expanding Fibre Capacity: Can Data Centre Demand Drive Growth?
Finolex Cables is embarking on a new investment phase focused on expanding its electrical and communication-cable capacities. The company is enhancing fibre-draw capacity, establishing backward-integration facilities, and investing in its manufacturing network. The critical question remains whether demand will rise sufficiently to utilize the new capacity and enhance productivity. Finolex Cables was trading around ₹1,450…
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Bank of Baroda enters pension fund business as PFRDA targets 4 crore new NPS subscribers
Bank of Baroda enters the pension fund business as PFRDA targets up to 4 crore new NPS subscribers in the next two to three years.
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Relief for taxpayers: Made a mistake in your income tax return? You still get your refund interest, rules ITAT
The Income-tax Appellate Tribunal rejects the tax department’s attempt to withhold statutory interest.
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Top 10 mutual funds by AUM: Which schemes are beating their benchmarks on 1-, 3-, and 5-year CAGR returns?
The biggest mutual funds by AUM do not necessarily deliver similar performance against their benchmarks. A comparison of their 1-, 3-, and 5-year CAGR shows how different schemes have fared across these periods. Here’s what the numbers reveal for investors.
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Tata Elxsi Down 70% From Peak: What Went Wrong and Can Growth Make a Comeback?
Tata Elxsi has undergone a sharp valuation correction after its post-pandemic growth cycle lost momentum. The stock has fallen around 70% from its adjusted all-time high of about Rs. 10,760, with investors reassessing its growth trajectory, margins and premium valuation. The correction, however, is not entirely a story of deteriorating fundamentals. The company continues to…
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Ceigall India Expands Beyond Roads Into Solar and BESS: Can Its ₹18,568 Cr Order Book Support Growth?
The article outlines the fundamentals and moat of the company, which a leading infrastructure construction firm specializing in Engineering, Procurement, and Construction and Hybrid Annuity Model projects With a market capitalization of Rs 6,615 crore, Ceigall India Ltd’s share closed at Rs 380 per share, down by 0.91 percent from its previous close. The stock…