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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…
Mumbai: India’s capital markets regulator has rejected settlement applications by foreign portfolio investors (FPIs) that held significant stakes in listed Adani Group companies, people familiar with the matter said. This was because the FPIs’ terms failed to align with those proposed by Sebi, they said. The regulator communicated its decision to the FPIs’ representatives last…
The 8th Central Pay Commission (8th CPC) is in its consultation stage now, with plans to interact with employee and pensioner associations, federations, unions of central government, UT employees and other stakeholders across the country. The commission is examining changes that are desirable and feasible in the emoluments, including for pay (usually includes salary structure,…
Since agricultural land is a non-residential asset, can sale proceeds from it be reinvested in a house to claim a deduction under Sec 54F? Or does it qualify for Sec 54 exemption? I have inherited land from my father and I am the second generation to inherit it; so, the original purchase date must be…
The Pension Fund Regulatory and Development Authority (PFRDA) is looking to tap the wide network of mutual fund distributors (MFDs) to expand the reach of the National Pension System (NPS). As reported by Moneycontrol, PFRDA highlighted the StAR NPS platform to expand pension coverage through distributors at an outreach programme for MFDs in Chennai on…
Taxpayers with business or professional income often face a key question while filing their income tax return: should they use ITR-3 or ITR-4? The Income Tax Department has shared a quick checklist on X explaining how taxpayers can select the right form for AY 2026-27. With the deadline for filing non-audit income tax returns set…
Switching careers doesn’t mean your Employees’ Provident Fund (EPF) process comes to an end. What matters most is the coverage status of your new role. Moving between EPF-registered organizations allows your Universal Account Number (UAN) to stay active with new contributions attached to it. However, transitioning into self-employment or an uncovered organization halts mandatory fresh…
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds from ICICI Prudential MF, along with passive FoF offerings from HDFC MF and ICICI Prudential MF, and an equity fund from The Wealth Company.
Billionaire entrepreneur and venture capitalist Peter Thiel has built a reputation for identifying transformative companies long before they became household names. Thiel believes exceptional investment returns come from backing businesses that are fundamentally different, not merely better versions of existing companies. His ideas, outlined in his book Zero to One and various interviews, continue to…
Indore, Pride Hotels is looking to launch its initial public offering (IPO) by December, with the issue size expected to be around Rs 1,000 crore, as the hospitality chain accelerates expansion across leisure, wedding and corporate events and pilgrimage destinations, CEO Satyen Jain said. “We have opened nine hotels in the last 12 months. This…