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Minority shareholders are expected to benefit from the demerger of ITC's hotel business into a separate entity, ITC Hotels, as it may unlock value for them and improve return ratios of the FMCG major, as per reports of four proxy advisory firms. The reports from proxy advisory firms, including InGovern Research Services, ISS and SES, come ahead of the June 6 meeting of shareholders of ITC to consider and approve the demerger proposal. According to proxy advisory firm ISS, the demerger may unlock value for its shareholders and improve ITC's return ratios.

regional connectivity, a new 60 km railway line has been proposed between Chola in Bulandshahr and Rundhi in Palwal. This line aims to link Noida International Airport with major routes to Howrah, Chennai, and Mumbai, a TOI report stated. Officials from North Central Railway have recommended connecting the proposed tracks to the airport’s ground transportation center through an underground channel. The new line will have junctions at Chola, merging with the Delhi-Howrah line, and Rundhi, extending to the Delhi-Chennai/Mumbai route. This strategic alignment will facilitate trains from the airport to travel in multiple directions.

Lucia and Jason, a keychain, a map, a magnet, a miniature replica of the getaway car, fake money, chips, and a polaroid of the main characters.Moreover, the creative and detailed proposal has received high praise from Reddit users. One commenter remarked, "Solid artwork bro," while others expressed their support and contributed additional suggestions.

Also Read: Amit Shah gives ‘Modi guarantee’ on reservation, says BJP won’t allow anyone to abolish SC/ST/OBC quota“When I raised the issue of caste census, Narendra Modi said, there are only two castes in India – rich and poor. If there are only two castes, then how did Narendra Modi become OBC?," asked Rahul Gandhi."50 per cent population in the country is backward, 15 per cent Dalit, 8 per cent Adivasi..

Motilal Oswal has highlighted that taxes on dividend income have significantly contributed to the surge in personal income tax (PIT) over the past four years. According to the report, this shift accounts for 60-65% of the growth in PIT, despite a moderation in personal disposable income growth, reported TOI. The report indicates that the growth in PIT has been robust, increasing at a compounded rate of 20% during FY21-24. By FY24, PIT reached 3.5% of GDP, up from 2.5% in the pre-pandemic period. In contrast, personal disposable income and GDP have grown at a more modest rate of less than 10%. The surge in PIT can be traced back to the 2020-21 Budget announcement by the finance minister, which abolished the Dividend Distribution Tax (DDT) and introduced the classical system of dividend taxation. Under the new system, companies no longer pay DDT; instead, dividends are taxed in the hands of the recipients at their applicable personal income tax rates.

₹250 per share. This decision is detailed in a circular dated May 24, 2024, and marks a strategic move towards improving price discovery in the market.According to some market participants, this measure reflects the intense competition between the NSE and the Bombay Stock Exchange (BSE) for market dominance.

The first thing one needs to understand when embarking on an investment journey is risk tolerance. The second crucial aspect is ensuring that the investment journey remains stress-free and profitable. Bond investments are one such instrument that ensures investment stability and steady returns.

Bridgerton season three unfolds, fans eagerly anticipate the development of Benedict Bridgerton's storyline. While the focus initially gravitated towards Colin and Penelope's romance, attention has now shifted towards Benedict's journey in finding love.

Buy or sell stocks: Despite finishing the week flat, the domestic benchmark indices, the Nifty 50 and the Sensex, had their best week since the beginning of February thanks to increases in metal and financial sectors.During the session, the Sensex reached a new all-time high of 75,636.50, but it was unable to maintain its gains and ended the day 8 points lower at 75,410.39. The Nifty 50 reached a new all-time high of 23,026.40 during the session, but finished the day 11 points down at 22,957.10.According to Prashanth Tapse, Research Analyst, Senior Vice President of Research at Mehta Equities, the Nifty 50's 23,000 milestone is something to celebrate, and the positive takeaway was that the benchmark ended a choppy session just a tad below the dotted lines, most importantly, shrugging off extremely weak overnight Wall Street cues.Buyers are seen confident amidst investors hoping or expecting continuation of the current regime in the general elections, and oil prices tumble towards $76 a barrel, said Tapse.

Janet Yellen stated on Friday that she is working to save a component of the global corporate tax agreement targeting highly profitable multinational corporations, and added that “India is refusing to engage on issues important to US interests".Yellen told Reuters in an interview on the sidelines of a G7 finance leaders meeting in Italy that China also has been “all but absent" in the negotiations to finalize “Pillar 1" of the OECD corporate tax deal reached in principle in 2021 that involves 140 countries."We are actively engaged in this negotiation," to meet an end-June deadline for the deal, Yellen told Reuters. “We're committed to doing everything we possibly can to make it work."Also Read: Yellen ‘Feeling Good’ About G-7 Alignment on Russian AssetsEarlier on Friday, Italian Finance Minister Giancarlo Giorgetti told reporters that the Pillar 1 negotiations were set to fail, citing objections from the U.S., India and China.The Pillar 1 negotiations primarily focus on redistributing the taxing authority concerning US-based digital giants, potentially enabling around $200 billion of corporate profits to be taxed in the nations where these companies operate.In addition to Pillar 1, the tax deal includes a second pillar involving the implementation of a 15% global minimum tax on corporate profits, which many countries are independently adopting.

The decision to invest in bonds or fixed deposits or post office schemes should be made after analysing several factors like one’s risk appetite, investment goals, liquidity situation and investment horizon. A bondholder earns money in two ways – through coupon payments and appreciation or depreciation of the instrument in the secondary market.

As April approaches, the importance of tax plans becomes increasingly critical. While salaried employee dutifully plan their investment declaration, the importance of tax planning extends far beyond that initial declaration. After April, various opportunities and concerns could drastically affect the tax situation. From maximizing deductions to investment strategy, understanding why tax plans matter after April is key for people looking to optimize their financial results and reduce their tax liabilities.

As India’s economy grows, the population of ultra-high-net-worth individuals (UHNWIs) — those with a net worth exceeding $30 million — is projected to surge by 58.4%, from 12,069 in 2022 to 19,119 by 2027. UHNWIs, who often have assets in multiple countries, face intricate financial and family situations. Due to complex asset portfolios and the need for strategic legacy planning, estate planning is becoming particularly crucial for UHNWIs for the following reasons:

A home loan is a long-term financial commitment and not everyone is prepared for it. However, if you consider the kind of benefits you get financially from home loans, this financial tool really helps you build one of the most valuable assets not just for you but for the generations to come.

Also Read: How can using a credit card for emergencies affect your financial health?Since the card is 100% digital, customers can avail it only through the app. The ‘PIXEL Play’ card is available for salaried persons between 21 years and 60 years of age with a monthly income of ₹25000.

If you are looking for higher interest rates on fixed deposits (FDs), corporate fixed deposits from non-banking financial companies (NBFCs) and housing finance companies (HFCs) can be seen as an attractive option. These deposits offer higher returns when compared to major private and public sector banks. However, it is crucial to assess the risks involved before investing.

salary package upon completing their engineering degree. The latest report revealed 8,000 IITians have not found a job through campus placement this year.In a LinkedIn post, IIT Kanpur alumnus and placements mentor Dheeraj Singh shared three years' placement data based on 23 RTIs (Right to Information), annual reports, media reports, and student insights. In 2024, 21,500 were registered at IITs, of which 13,410 were placed while 8,090 were yet to find jobs.The number of unplaced students almost doubled this year as compared to 2023.

₹2.69 per kWh, which is expected to be completed within 24 months of signing the 25-year power purchase agreement (PPA).With this, Avaada Energy has reached a portfolio of 15 GWp in India, it said in a statement.Vineet Mittal, chairman of Avaada Group, said, “We are incredibly proud to have won the single largest bid of 1050 MWp from NTPC. This achievement not only highlights our capability to execute large-scale renewable energy projects but also reinforces our commitment to supporting India’s transition to a sustainable energy future.

Recruitment activities are expected to be focused on filing new positions in 2024-25 as hiring for fresh openings will make up 27 per cent of talent hunting efforts of employers across sectors, a report said on Thursday. Hiring for replacements for existing positions will take at least 23 per cent of recruitment efforts in the current fiscal, said staffing solutions and HR services provider Genius Consultants' Hiring, Compensation, and Attrition Management report. «The hiring outlook for 2024-25 across the industry indicates a strong focus on new position hiring, which will make up 27 per cent of recruitment efforts. This strategic direction reflects a commitment to meeting the evolving demands of the market and the infusion of fresh talent,» Genius Consultants CMD R P Yadav told PTI.

pre-pandemic levels, said a study by RBI economists. " The relationship between households’ sentiment on their own income and their view on overall employment scenario, although relatively high during the pandemic, has returned to pre-pandemic levels for all regions, with the strongest link observed in the northern region" said Sourajyoti Sardar, Aditya Mishra, Manu Swarnkar, and Tushar B. Das from the Department of Statistics and Information Management, Reserve Bank of India in their study published in the latest monthly bulletin.The views are personal views of the authors and do not represent the views of the central bank. It may be recalled that the COVID Pandemic between 2020 and 2022 almost derailed the economy not only in India but throughout the globe The study also reveals that overall spending is primarily driven by essential expenditures, which are mostly price inelastic, while non-essential spending shows less alignment with price levels. The higher income groups displayed more optimism post-pandemic.

Also Read: Top Mutual Funds: These are the best small-cap MFs to invest in 2024. Do you own any?Are you conversant with the investment philosophies of the fund house? Recognize the development and value-adding approach and guiding principles of fund management. Verify that they align with your investing goals and risk tolerance.