Page 16 - Latest News

NRI property purchase TDS rules ease from Oct 1: What buyers need to know

The amendment removes the need for resident individuals and HUFs to obtain a TAN solely for TDS compliance, says expert

₹5 lakh monthly rent, ₹55 lakh upfront: Nadiadwala Grandson's Andheri deal

Nadiadwala Grandson's second Andheri office lease takes combined rent commitment higher

SC revises order in Noida DM Roopam's case; limits stay to HC strictures

The Supreme Court clarified that its stay in the Noida DM Medha Roopam case covers the HC's strictures and compensation direction, not its order quashing Akriti Chaudhary's NSA detention

Setting up NSE was the biggest reform in the capital mkts: Raamdeo Agrawal

Raamdeo Agrawal, cofounder and chairman of Motilal Oswal Financial Services talks about how reforms changed the equity culture in India

Asiad 2026: India's Bhavani and Shreya bow out in fencing in round of 16

Bhavani, India's first fencer to compete at the Olympics, advanced to the round of 16 after defeating Mongolia's Oulen Tugsjargan 15-8 in the round of 32

PhonePe to hire 20,000 staff, deploy 5 mn payment devices in 12 months

The fintech plans to expand digital payment acceptance across Tier 6 towns and rural India, with about half of the new devices to be deployed in rural areas

Can banks recover loans from life insurance payouts? Allahabad HC weighs in

Allahabad HC asked SBI to refund ₹17.29 lakh deducted from a widow's account to recover her deceased husband's loan, saying the bank was prima facie not entitled to recover it from insurance proceeds

Stocks to watch: NSE, Exide Industries, Welspun Living, Max Estates, GHCL

NSE's shares will mark their stock market debut on BSE today, after the IPO was subscribed 5.71 times in the three-day bidding process.

India taking steps to build strategic sectors: Economic Affairs secy

Economic Affairs Secretary Anuradha Thakur said India must build capacity in strategic sectors such as semiconductors to shield the economy from an uncertain global environment

Buzzing stock: Raymond hits record high in weak market; up 95% in 4 weeks

Raymond's share price hit a new all-time high at ₹1,196.75, rallying 7% in Thursday's intra-day deals on the BSE.

T20 Mumbai League: Aspect Sports wins ninth franchise for Rs 106.88 crore

The Navi Mumbai franchise rights run for six years, with a first-season fee of Rs 12.21 crore; the MCA says the new team will widen the league's reach and create opportunities for local players

Conversational AI firm Gupshup launches agentic AI solution for real estate

The solution combines agentic AI with property, inventory and CRM systems to support discovery, lead qualification, sales and post-sales interactions through WhatsApp and voice

Asian Games 2026: YES Bank launches nationwide campaign for Team India

The bank's campaign for the Aichi-Nagoya Games includes a film airing in seven languages on more than 25 TV channels, alongside print, outdoor and digital advertising

NSE duties unchanged after listing, exchange role will prevail: Chairman

NSE chairperson Srinivas Injeti said the exchange's responsibilities as a marketplace and commercial entity remain unchanged, but its market role will prevail if the two come into conflict

​InvITs, Reits combined AUM seen doubling to ₹20 trillion by FY31: Icra

Icra expects InvITs' AUM to rise to ₹13.5 trillion and Reits' AUM to ₹6.5 trillion by FY31, supported by infrastructure monetisation and new asset classes

Anarock acquires 51% stake in architecture firm DSP Design Associates

The deal combines Anarock's real estate advisory and transaction capabilities with DSP's architecture, master planning and interior design expertise across India

Macquarie sees low growth, market share losses for Angel One; here's why

Macquarie remains 'neutral' on Angel One stock as it believes continued market-share losses, with the need to increase marketing spend, will weigh on growth and profitability.

Draft National Electricity Policy 2026 sent to Cabinet: Power ministry

The policy seeks to improve the financial viability of the power sector, ensure reliable and quality supply, and meet peak demand and energy requirements

China unlikely to back India's bid for permanent UNSC seat: John Bolton

Former US national security adviser John Bolton said China is unlikely to support changes to the UN Security Council's permanent membership, which would require a UN Charter amendment

India's workforce expansion expected at 5.4% in H2 FY27: TeamLease

Hiring is expected to be led by e-commerce and technology startups, travel and hospitality, and retail, with the employment outlook improving from 4.7 per cent in H1