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Domestic brokerage ICICI Securities has initiated coverage on the recently demerged Vedanta Aluminium Metal (VAML) with a ‘Buy’ rating and a target price of Rs 520, implying an upside of over 19% from the current market price of Rs 435. According to the brokerage, Vedanta Aluminium is well positioned to benefit from a favourable aluminium…
Larsen & Toubro (L&T) on Tuesday reported a consolidated net profit of Rs 4,123 crore for the April-June quarter of the ongoing financial year 2027, marking nearly 14% year-on-year (YoY) rise from the Rs 3,617 crore net profit reported in the same period last year. The engineering major’s revenue from operations meanwhile rose around 7%…
Zerodha co-founder and CEO Nithin Kamath said the broking firm may see some portion of its revenue knocked off after Closing Auction Session (CAS) takes effect, adding that things will “get a little more complicated” from August 3 onwards. Stock exchanges BSE and NSE are introducing the system for stocks with F&O contracts. It is…
Shares of glass-maker Corning fell 20% to as much as $114.50 on Tuesday after the company reported slower growth in fiber optics and forecast a lower Q3 sales as against the expectations of market experts, according to Reuters report. The fall wiped out more than $23 billion in market value of the company. Although Corning…
Coca-Cola shares surged 6.9% to $89.89 on Tuesday, touching a 52-week high of $90.01 after the beverage giant raised its full-year forecasts and beat second-quarter estimates, supported by resilient US demand and a FIFA World Cup sales boost, according to a Reuters report. Coca-Cola lifted its 2026 organic revenue growth forecast to about 5% from…
If you got married but haven’t updated the nomination in your Employees’ Provident Fund (EPF) account, you may be in for an unpleasant surprise. Under the Employees’ Provident Fund Scheme, 2026, a nomination made before marriage no longer remains valid once an EPF member marries and acquires a “family” under the scheme. This means your…
As market leadership continues to shift between equities, gold and debt, investors are increasingly turning to multi-asset allocation funds to diversify their portfolios. Multi-asset allocation funds have emerged as the top net-selling category among hybrid funds over the last 12 months, attracting ₹70,819 crore in net inflows. The category also recorded strong inflows of ₹4,811…
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I am an Indian citizen who relocated to India during covid after spending around 10 years in the US. I still maintain my US bank and IRA accounts, through which I made certain investments during my time living in the US. In July 2026 I started working for an IT company based in the US….
Employees’ Provident Fund (EPF) members who have switched jobs multiple times often lose track of their old PF accounts, leaving retirement savings lying in inactive accounts for years. To make it easier for such members to recover these balances, the Employees’ Provident Fund Organisation (EPFO) has developed a dedicated e-portal that allows users to trace,…