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By Peter Shawn Taylor

There are a lot of good things about getting older. One of them in my work life is that I recall the “good old days” with respect to certain taxation matters.

About 76 companies accessed the public markets in FY24, raising nearly Rs 62,000 crore through mainboard IPOs. This is 19% higher than the Rs 52,116 crore mobilized by 37 companies in 2022-23, according to primedatabase.com.

Arun Govil, who gained popularity for his portrayal of Lord Ram in the iconic television series «Ramayan,» as a candidate from the Meerut constituency for the upcoming Lok Sabha elections.

Investors in Crompton Greaves Consumer Electricals Ltd are a worried lot, with the stock down by 13% so far in 2024. A key factor souring investor sentiment is the delay in the turnaround of Butterfly Gandhimathi Appliances Ltd, in which it has a 75% stake. It may be a while before there’s respite on this front, but there are some comforting factors at the moment.

real estate boom in India has created a new avenue for NRI investments. There is a growing number of houses being purchased by this segment. The growth in NRI residential sales, which rose significantly over the last year, underscores this point. According to a report by NoBroker forecast report, NRI investments in India's real estate sector is poised to contribute 20% by 2025. This surge in demand can be attributed to several factors, both monetary and otherwise. Sentimentality has always been a key driving factor of NRI purchases in India, but with the world’s best comforts being available in India, the sentimental reason for buying a home “back home” amongst the NRIs, is also supported by valid reasons for quality real estate investing. To make matters more compelling, the technological revolutions that the entire world has witnessed in the 21st century have now made it easy for people from any part of the world to invest in different parts of the world with minimal hassles. Not just that, the technology also makes it easier for buyers around the world to have access to information on a real-time basis.

Delhi High Court on Wednesday will hear Delhi Chief Minister Arvind Kejriwal's plea on Wednesday against his arrest by Enforcement Directorate in excise policy case. The Aam Aadmi Party's National Convenor was arrested for alleged misdoings in the now-scrapped Delhi Excise policy case under an ongoing money laundering probe by the ED. He is in ED custody till March 28. Kejriwal and the AAP have been accused by the ED of accepting Rs 100 crore in bribes from liquor contractors nearly two years ago.

NTPC, NHPC and NLC India will see their weights go up on the Nifty CPSE following a semi-annual rejig in the index, effective from Thursday, March 28. The adjustment will likely trigger passive cumulative inflows of $94 million according to estimates by Nuvama. A lion's share will be contributed by NTPC ($71 million) followed by NHPC and NLC India.

Congress charges, Finance Minister Nirmala Sitharaman on Tuesday said Atal Pension Yojana (APY) is designed based on the best practice choice architecture and guarantees a minimum of 8 per cent return. «Atal Pension Yojana is designed based on best practice choice architecture to automatically continue the premium payment unless the subscriber opts out. This is a deliberate and beneficial feature which is in the best interest of the subscribers,» Sitharaman said in post on X. Instead of requiring people to decide each year to continue, they have to take a decision to discontinue, she said, adding, this makes many of them take the right decision and save for their retirement. Earlier in the day, the Congress attacked the Prime Minister Narendra Modi-led government over the Atal Pension Yojana, alleging it is a «very poorly-designed scheme» and a «paper tiger» that needs officials to hoodwink and coerce people into participating in it.

IndiGo is again in the spotlight. A woman, Shrankhla Srivastava, took to social media to voice her disappointment with the airline. Srivastava posted a picture on Saturday showing her damaged luggage after a flight with IndiGo. In a sarcastic tone, she thanked IndiGo Airlines for their supposed care of her luggage in her post, tagging the airline. «Dear @IndiGo6E, Thank you for taking care of my luggage,» she said in her post. Srivastava's post quickly gained traction on social media, eliciting reactions from other internet users. The post has been viewed 3.32 lakh times since being posted on March 23. IndiGo Airlines responded to the situation, issuing an apology and expressing regret for the inconvenience caused. The airline's official Twitter account replied to Srivastava's post, requesting time to investigate the matter and promising to reach out to her directly.

GAIL (India) Ltd, is preparing to commission the country's first green hydrogen project in the coming weeks. As reported by Reuters and confirmed by multiple sources within the company, this pioneering initiative is slated to commence operations at GAIL's Vijaipur complex in Madhya Pradesh by April.

Bharatiya Janata Party (BJP) dropped the name of Varun Gandhi, senior Congress leader and West Bengal unit president Adhir Ranjan Chowdhury on Tuesday asked the sitting MP from Pilibhit constituency in Uttar Pradesh to join the grand old party and come to West Bengal. The Congress candidate from the Berhampore constituency claimed that Varun Gandhi was denied the Lok Sabha ticket despite having a clean image because he is related to the Gandhi family. "He should come here.

Solid credit score and history: Demonstrating a high credit score (typically exceeding 750) and maintaining a clean credit history devoid of any defaults strongly indicate your capability to repay the loan. - Consistent employment and income: Holding a steady job with a reliable income showcases your ability to meet regular loan obligations. - Established customer relationship: Numerous lenders extend pre-approved loans to their existing customers, especially those with a favourable credit history.

Also Read | Carlyle's Head of Direct Lending Aren LeeKong Is Leaving the Firm The sources, who requested anonymity due to the sensitive nature of the discussions, reveal that Carlyle is engaging with potential underwriters to prepare for an IPO later this year or in 2025. If successful, the share sale could value Hexaware, an Indian information technology and business process outsourcing services provider, at a remarkable $4 billion or more, the report added.

Shares of Tesla (NASDAQ:TSLA) rose 3.4% in premarket trading Tuesday after the Italian news outlet Il Sole 24 Ore reported that the country’s Industry Ministry officials reached out to the carmaker about the potential production of electric trucks.

SEOUL/BEIJING (Reuters) — Chinese state-owned planemaker COMAC's first wide-body jet is in its «detailed design stage», an executive said on Tuesday, following a report from the jet's fuselage manufacturer aiming to deliver the first fuselage section by September 2027.

PTI reported. The ED produced K Kavitha before the Rouse Avenue court at the conclusion of her custody in the excise case. The central probe agency arrested the 46-year-old on March 15.

₹5,662.20 apiece on the BSE, having dropped nearly 42% from its 52-week high of ₹9,744.40 apiece, hit on March 7. The stock price has slipped 20% in the past one month. With today’s fall, the market capitalization of Tata Investment Corporation has declined to ₹28,648 crore, a staggering fall from ₹49,365 crore as of March 7.

Tomorrow's IPL Match: Sunrisers Hyderabad (SRH) and Mumbai Indians (MI) are set to play their second match in IPL 2024 on March 27 at the Rajiv Gandhi International Cricket Stadium in Hyderabad. Both SRH and MI are still looking for their first points in the tournament after losing their opening matches in the last over. SRH were outdone by Kolkata Knight Riders (KKR) on March 23, as KKR’s Harshit Rana successfully defended 12 runs in the last over.

Benjamin Netanyahu's choice to call off the Israeli delegation's trip to the US. Speaking at a press briefing, Kirby mentioned that the Israeli Prime Minister's Office suggested a perceived shift in US policy, but he clarified that the Biden administration's approach remains unchanged. As reported by ANI, when asked about US President Joe Biden's reaction to Netanyahu's decision Kirby said, “We're kind of perplexed by this.

₹2,994 on Tuesday. Despite concerns of competition from paint companies and unorganised manufacturers, some favourable factors could help Pidilite retain its edge and keep investors glued to the stock. However, sky-high valuations could be a sticking point.