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Skincare start-up Mamaearth eyes $3 bn valuation in 2023 IPO: Report

Company, popular in India with its range of 'toxin-free' products last valued at $1.2 bn.

Skincare start-up Mamaearth eyes $3 bn valuation in 2023 IPO: Report
Updated On : 22 Jun 2022 | 1:37 AM IST

Nearly a dozen new UV models set to go on sale ahead of festive season

The peak festive season, which starts from Navratri and ends with Diwali, is critical for auto companies and accounts for a fifth of their annual sales

Nearly a dozen new UV models set to go on sale ahead of festive season
Updated On : 22 Jun 2022 | 1:36 AM IST

India's Russian imports up 3.5 times on oil buys despite Western pressure

It's now the 4th largest petroleum supplier for India with exports worth $1.3 bn in April

India's Russian imports up 3.5 times on oil buys despite Western pressure
Updated On : 22 Jun 2022 | 1:28 AM IST

RIL, Nayara account for a combined 69% of Russian oil shipments to India

The push by Reliance and Nayara to scoop up Russian Urals from the market propelled Russia to become India's second biggest oil supplier last month

RIL, Nayara account for a combined 69% of Russian oil shipments to India
Updated On : 22 Jun 2022 | 1:19 AM IST

SEC recommendation in accordance with guidelines: Biocon Biologics

The company said its product approvals are backed by science and clinical data

SEC recommendation in accordance with guidelines: Biocon Biologics
Updated On : 22 Jun 2022 | 1:15 AM IST

Yes Bank launches FD linked to repo rate, with mark-up of 1.1-1.6%

Lender also raises interest rates on standard FDs, capping them at 6.5% for regular customers, 7.25% for seniors

Yes Bank launches FD linked to repo rate, with mark-up of 1.1-1.6%
Updated On : 22 Jun 2022 | 12:58 AM IST

GST enforcement: A fine balance in catching fraud, not harassing taxpayers

The government has tightened GST norms. But some of the changes have caused 'inconvenience' to taxpayers, to say the least

GST enforcement: A fine balance in catching fraud, not harassing taxpayers
Updated On : 22 Jun 2022 | 12:56 AM IST

Gland Pharma rides high on valuation comfort, strong growth prospects

Target prices post brokerage upgrades point to more upsides

Gland Pharma rides high on valuation comfort, strong growth prospects
Updated On : 22 Jun 2022 | 12:51 AM IST

Amfi stock reclassification review period nears end, lifting these stocks

Twelve stocks are moving from mid-cap to small-cap, reveals an analysis by analyst Brian Freitas of Periscope Analytics

Amfi stock reclassification review period nears end, lifting these stocks
Updated On : 22 Jun 2022 | 12:48 AM IST

India now the fourth largest gold recycling country: World Gold Council

Over the past five years, 11 per cent of India's gold supply came from 'old gold'; driven by movements in the gold price

India now the fourth largest gold recycling country: World Gold Council
Updated On : 22 Jun 2022 | 12:43 AM IST

Adani among 11 bidders in race for CIL's Rs 3,100-cr coal import tender

Apart from Adani, the other two names disclosed by CIL from its pre-bid meetings were contenders in the NTPC tender as well.

Adani among 11 bidders in race for CIL's Rs 3,100-cr coal import tender
Updated On : 22 Jun 2022 | 12:43 AM IST

Five months on, some mutual funds reopen subscription to global funds

Edelweiss AMC on Monday said it has revoked the temporary suspension in seven of its international offerings with effect from June 21

Five months on, some mutual funds reopen subscription to global funds
Updated On : 22 Jun 2022 | 12:41 AM IST

Fewer deaths, more hospitalisations in metros amid the spike in cases

Large cities are seeing an increase in occupancy, though most beds still remain vacant

Fewer deaths, more hospitalisations in metros amid the spike in cases
Updated On : 22 Jun 2022 | 12:38 AM IST

Will buy Indian stocks if Nifty drops to around 14,000 levels: Chris Wood

In the short-term, Wood suggests that investors should sell stocks on a rally. The bet for a sustained equity market rally before 2022 end is a possible change in the US Fed's language, he said

Will buy Indian stocks if Nifty drops to around 14,000 levels: Chris Wood
Updated On : 22 Jun 2022 | 12:38 AM IST

Ban on loading through credit lines: PPIs call for clarity from RBI

Opinion is divided over whether or not the circular will impact the popular 'Buy Now Pay Later (BNPL)' schemes offered by many fintechs

Ban on loading through credit lines: PPIs call for clarity from RBI
Updated On : 22 Jun 2022 | 12:26 AM IST

Rising mortgage rates won't hit housing sales in India, say experts

Higher mortgage rates will have a lower impact on the Indian housing market than in the US market, said Kotak Institutional Equities (KIE)

Rising mortgage rates won't hit housing sales in India, say experts
Updated On : 22 Jun 2022 | 12:26 AM IST

Cut-off yields ease by 7-8 bps at State bond auction as borrowings taper

This week, spread between weighted average 10-year SDL and 10-year GOI bond yield was up slightly to 37 bps from 36 bps earlier

Cut-off yields ease by 7-8 bps at State bond auction as borrowings taper
Updated On : 22 Jun 2022 | 12:24 AM IST

RBI extends date for implementing provisions on credit, debit card issuance

Issuers given more time for OTP-based activation, ensuring credit limit is not breached without cardholder's consent

RBI extends date for implementing provisions on credit, debit card issuance
Updated On : 22 Jun 2022 | 12:21 AM IST

Rupee ends at record low as rebound in crude deepens CAD, inflation worries

Settles at 78.0825 to the dollar as against 77.9800 at 3:30 p.m. on Monday. The previous record closing low for the domestic currency was 78.0700 on June 17

Rupee ends at record low as rebound in crude deepens CAD, inflation worries
Updated On : 22 Jun 2022 | 12:19 AM IST

Claim deduction either under Section 80 TTA or 80 TTB, but not both

Exemption under Section 10(15)(i) can be availed in conjunction with 80 TTA or 80 TTB

Claim deduction either under Section 80 TTA or 80 TTB, but not both
Updated On : 22 Jun 2022 | 12:00 AM IST