Adani Group net profit up 107% in first half of FY24 but sales slow down

The net profit of the listed Adani group companies more than doubled year-on-year (Y-o-Y) in the first half of 2023-24 (H1FY24), even as their revenue declined in this period. Photograph: PTI......

Sula Vineyards: Should you subscribe to India's largest wine seller's IPO?

The initial public offer (IPO) of India’s largest wine producer and seller Sula Vineyards (Sula)  has opened for subscription and will close on Wednesday, December 14. Photograph: Kind......

Domestic investors increase clout in stock market

The total value of holdings of domestic institutional investors as a percentage of the value of FII holdings has reached its highest level in four years. Consistent investments by mutual funds and......

Some tax treaties could be overridden by GAAR

GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore. The finance ministry sent positive signals to foreign portfolio investors on Friday by......