Freelancers, consultants and small businesses receiving payments from overseas clients have to follow a new reporting compliance procedure under the Reserve Bank of India’s (RBI) foreign exchange rules. These rules, effective 1 October, apply to all professionals exporting services, such as content writers, digital marketers, designers, and any freelancers taking on gigs on global freelance marketplaces like Fiverr, Upwork, etc.
Mumbai: Tempsens Instruments India’s grey market premium (GMP) has surged 100%, making it the first IPO in nearly two years to cross the mark, as investor appetite for new share sales appears to be reviving after a string of muted mainboard listings in 2025 and 2026. The stock is currently commanding a GMP of ₹301…
While Nvidia has become synonymous with the artificial intelligence boom, a lesser-known group of power and cooling equipment suppliers is benefiting from the global surge in data centre construction as developers race to overcome infrastructure bottlenecks, Reuters reported. Energy-intensive data centres are driving demand for equipment ranging from transformers and power-management systems to advanced cooling…
Apollo Micro Systems shares rose 1% after the defence manufacturer was said to be nearing a deal to acquire Premier Explosives for Rs 2,300-2,500 crore, including the cost of an open offer to minority shareholders, ET reported. A board meeting of Premier Explosives is scheduled for today. Both Apollo Micro Systems and Premier Explosives are…
Buying term insurance early can reduce the premium for the same level of cover, but age is not the only factor that determines how much a policyholder pays. Health, lifestyle, occupation, policy term and the amount of cover also affect the premium. For a ₹1 crore term insurance cover with a 30-year policy term, the…
Bernstein has lowered its target prices and growth estimates for Power Finance Corporation (PFC) and REC Limited, citing stronger competition from banks, slower renewable capacity additions and improving financial health among state-owned power distribution companies, or DISCOMs. The brokerage retained its Outperform rating on both stocks but reduced its target price for PFC to Rs…
Vijay Kedia-backed Kedia Securities has acquired 3.58 lakh shares in Exato Technologies, raising the combined holding of the firm and persons acting in concert to 9.68% of the company’s paid-up share capital. The stock has delivered near-multibagger returns in the last year, rising over 90%. The acquisition marks a 3.56% stake in Exato Technologies. After…