Nithin Kamath Suggests Alternative to ‘Death by Thousand STT Hikes’: ‘If the Govt Wants to…’
Zerodha co-founder and CEO Nithin Kamath has sparked fresh debate in India’s financial markets with…
Nithin Kamath Suggests Alternative to ‘Death by Thousand STT Hikes’: ‘If the Govt Wants to…’
Zerodha co-founder and CEO Nithin Kamath has sparked fresh debate in India’s financial markets with his remarks on the Securities Transaction Tax (STT). Kamath, known for his candid takes on market regulations, suggested that instead of burdening traders and investors with what he termed as a “death by thousand STT hikes,” the government should consider…
Apparel and Jewellery Retailer Marri Retail Files IPO Papers with Fresh Issue Size of Rs 522 Crore
Marri Retail Ltd., a fast-growing apparel and jewellery retailer, has filed draft papers with the market regulator for its Initial Public Offering (IPO). The company plans to raise Rs 522 crore through a fresh issue of shares, marking a significant step in its expansion strategy and entry into the public markets. IPO Details The IPO…
Bajaj Housing Finance Q3FY26 PAT Rises 21% YoY to Rs 665 Crore
Bajaj Housing Finance Ltd. (BHFL) has reported a strong performance in the third quarter of FY2026, with its Profit After Tax (PAT) rising 21% year-on-year (YoY) to Rs 665 crore. The company attributed the growth to robust loan disbursements, healthy demand in the housing finance sector, and improved asset quality. Financial Highlights The Q3FY26 results…
Govt Mulling Proposal to Raise FDI Ceiling in Public Sector Banks to 49%: DFS Secretary Nagaraju
The Indian government is actively considering a proposal to raise the Foreign Direct Investment (FDI) ceiling in public sector banks (PSBs) to 49%, according to Department of Financial Services (DFS) secretary Vivek Joshi Nagaraju. This move, if implemented, would mark a significant reform in India’s banking sector, aimed at attracting foreign capital, strengthening governance, and…
Tata Chemicals Q3 Loss Widens to Rs 93 Crore as Margins Shrink on Rising Costs
Tata Chemicals Ltd., one of India’s leading chemical manufacturers, reported a consolidated net loss of Rs 93 crore in the third quarter (Q3) of FY2026, compared to a loss of Rs 54 crore in the same period last year. The company attributed the widening losses to shrinking margins, rising input costs, and global demand pressures….
India Inc Q3 Revenue Growth Seen at 6-7%, But Operating Margin Falls 100 bps
India Inc has reported a mixed performance in the third quarter (Q3) of FY2026, with revenue growth estimated at 6-7% year-on-year, but operating margins declining by nearly 100 basis points (bps). The results reflect a combination of resilient demand in certain sectors and rising cost pressures that have weighed on profitability. Revenue Growth Trends Despite…
NALCO Q3 Results: Stock Down 9% Ahead of Earnings; Demand and Capex Guidance in Focus
National Aluminium Company Limited (NALCO) has entered the spotlight as its stock fell nearly 9% ahead of its Q3 earnings announcement. Investors are closely watching the company’s performance, with particular attention on demand trends, cost pressures, and capital expenditure (capex) guidance. The sharp decline reflects market anxiety over global commodity volatility, domestic demand fluctuations, and…
Piyush Goyal’s Critique: UPA’s China Focus Cost India EU Trade Opportunities and Economic Growth
Union Minister of Commerce and Industry Piyush Goyal has strongly criticized the previous United Progressive Alliance (UPA) government, claiming that its excessive focus on China came at the expense of strengthening trade ties with the European Union (EU). According to Goyal, this miscalculation not only cost India valuable trade opportunities but also slowed down the…
Gold, Silver Crash Up to 30%: Zerodha’s Nithin Kamath Shares Key Takeaway from Commodity Market Rout
The global commodity markets have witnessed a dramatic downturn, with gold and silver prices crashing by nearly 30% in recent trading sessions. This unexpected rout has sent shockwaves across investors, traders, and financial institutions. Zerodha’s co-founder and CEO Nithin Kamath weighed in on the situation, offering a crucial takeaway for retail investors and market participants….
Coal India Board Sets Meeting Date to Declare Q3 Results 2026, Third Interim Dividend in FY26
Coal India Ltd has announced that its board of directors will meet to declare Q3 results for FY26 and consider the declaration of a third interim dividend. This decision comes at a crucial time when the company continues to play a pivotal role in India’s energy sector, ensuring coal supply for power generation and industrial…
