Monday, 30 June 2025

BHEL bags fresh orders from Adani Power for 800 MW thermal power units

Tthe BHEL has said that it has received a Letter of Award (LoA) from Adani Power Limited for six thermal units of 800 MW.

from Business News Today, Latest Finance News | The Hindu

Generating tax efficiency in debt-oriented funds

Debt funds are taxable at your marginal slab rate; there are certain funds that are taxable at 12.5%; the risk-return profile of the funds is not exactly same as debt funds but similar

from Business News Today, Latest Finance News | The Hindu

Sunday, 29 June 2025

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation

from Business News Today, Latest Finance News | The Hindu

Finance Ministry asks public sector banks to monetise investments in subsidiaries via listing on bourses

There are about 15 subsidiaries or joint ventures of PSBs lined up for initial public offering or divestment in medium to long term, sources said.

from Business News Today, Latest Finance News | The Hindu

Saturday, 28 June 2025

Tax, securities regulations make buybacks unattractive for shareholders

There were just four share buyback offers, amounting to a total of ₹186 crore as of June 26, 2025, against 38 with a total value of over ₹8,000 crore last year

from Business News Today, Latest Finance News | The Hindu

Adani indictment case: U.S. SEC updates court on efforts to serve legal documents

U.S. SEC has to serve the summons to Gautam Adani and his nephew Sagar through proper diplomatic channels, as it has no jurisdiction to summon a foreign national directly; Court asks for update by August 11

from Business News Today, Latest Finance News | The Hindu

Defence sector holds promise for start-ups, MSMEs and entrepreneurs, says ex-chief of Confederation of Indian Industry

There is a shift in government policy and a fundamental change in the mindset of entrepreneurs too, says R. Nandini, former chairperson of the Confederation of Indian Industry (CII), Southern Region

from Business News Today, Latest Finance News | The Hindu