Zinka Logistics Solutions IPO: The Flipkart-backed initial public offering (IPO) of Zinka Logistics Solutions Limited opened for subscription on Wednesday, November 13, and closed after the market session on Monday, November 18. The IPO was subscribed 1.86 times on the third and final day of the bidding process, as investors bid for 4.19 crore equity

I will be moving back to India in FY25. Do I need to bring the money I earned abroad with me? If yes, will it be taxed? If no, what are the tax implications in India in the future? -Name withheld on request There is no obligation to do so. Under India’s Foreign Exchange Management

NEW DELHI: Quick commerce platform Zepto on Monday said announced the rollout of its cafe service in major cities and said it targets a revenue run-rate of Rs 1,000 crore by 2026. It will serve through over 120 Cafes at stores across Mumbai, Delhi, Bengaluru, and soon in Hyderabad, Chennai, and Pune, a company statement

Indian Inc reported a disappointing performance for the September quarter (Q2FY25), with several companies posting weaker-than-expected results. This underwhelming performance triggered a sharp selloff in the equity markets, raising investor concerns about a potential slowdown in the Indian economy. The weak earnings have also dampened the sentiment of overseas investors, who have turned increasingly bearish

IPO buzz fizzling out: Despite the ongoing excitement surrounding initial public offerings (IPOs), a sense of fatigue appears to be creeping into the IPO market recently. So far in November, Afcons Infrastructure Ltd (2.6x), Sagility India Ltd (3.2x), Swiggy Ltd (3.6x), ACME Solar Holdings Ltd (2.8x), and Niva Bupa Health Insurance Company Ltd (1.8x) have

Advisers using Aegon’s legacy book of business have reported experiencing two-hour wait times for customer services after a system upgrade caused policies to be ‘lost’. Citywire New Model Adviser has learned that client policies on the Aegon Scottish Equitable Pension Bond have gone missing online due to a system upgrade that took place at the

Reliance share price: Shares of India’s largest company by market capitalisation, Reliance Industries, have underperformed the Nifty 50 over the past year. While Reliance’s stock has gained 7 per cent, the Nifty 50 has delivered a significant 19 per cent return during the same period. However, experts believe Reliance could be poised for a turnaround,

Royal London has reduced the size of its £66bn multi-asset fund range in a series of changes that the insurer says will simplify the range for end clients. The provider has reduced the number of funds in its flagship Governed Range, designed for pension investors, from nine to seven and renamed the funds to better

The Reserve Bank of India is planning to initiate a pilot programme next year in 2025, which will offer data storage to financial institutions at reasonable prices, according to sources cited by Reuters.In the first-of-its-kind initiative from a major global central bank, the cloud platform will be utilizing local IT firms, against Amazon Web Services,

Top Gainers and Losers Today : **The Top Gainers and Losers Today**: The Nifty 50 index concluded the trading session at 23,532.7, reflecting a decline of 0.34%. Throughout the day, the index reached a peak of 23,606.8 and a trough of 23,350.4. The Sensex experienced fluctuations within a range of 77,886.97 and 76,965.06, ultimately closing