Market

Mamaearth to utilise IPO funds to increase marketing and offline presence; details here

As revealed in the company's DRHP (Draft Red Herring Prospectus), it plans to invest Rs 186 crore of the net proceeds in marketing initiatives over the course of the following four years

India’s service sector hits six-month high in December 2022; details here

As explained in the private survey, more employment was generated, and businesses continued to have a positive outlook for the coming year's business activity

Government may modify capital gains tax rules in upcoming budget: Report

Though according to Section 55(2)(ac) of the Income Tax (I-T) Act, the shares must be purchased before 1 February 2018, it is unclear if this condition should be followed in the situation of a subsequent acquisition.

Uber India narrows net loss to Rs 216 crore in FY22; details here

Uber India managed to grow its operational revenue by 7 percent to Rs 397 crore in the current fiscal year from Rs 370 crore in FY21.

Axis Bank raises Rs 12,000 crore via tier-II bonds at 7.88% coupon rate; details here

This move is a part of Axis Bank's goal to raise Rs 35,000 crore through debt instruments, which earned board clearance in April

Ex-NSE official Sundararaman Ramamurthy to take control of BSE; details here

Ramamurthy's responsibility will be to expand the exchange's market share in the industries where it has already established a stronghold

Real Estate Investment: How are dividends from REITs taxed? Check regulations and other details  

If owned for less than a year, a 15 percent short term capital gains tax is applied to capital gains generated on the sale of Indian REITs

SIP vs RD: Which one you could opt for and why

On RD schemes, an investor can receive between 5.8 percent and 7 percent over the course of five years. While, depending on the type of funds, SIP in mutual funds can yield an average annual return of 12 percent

Kaynes Technology IPO: Shares trade 10% lower than listing price despite promising debut

The initial public offering (IPO) of Kaynes Technology was launched on 11 November and concluded on 14 November

Archean Chemical lists at 11% over issue price; here's what it means for investors

The share price of Archean Chemical may increase to between Rs 550 and 570 in the near term, and it may rise to Rs 640 in the long run