IPO watch: Hero Motors refiles IPO papers with Rs 1,200 crore issue, ups fresh component to Rs 800 crore
Hero Motors has refiled its DRHP with SEBI for an IPO, increasing the issue size to Rs 1,200 crore, including a fresh issue and OFS ...
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GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say
The Central Board of Indirect Taxes and Customs provides clarity on Goods and Services Tax. GST will not apply to post-sale discounts offered by manufacturers ...
Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’
China has introduced a two-year plan to stabilize its car industry amidst price wars and trade tensions. The initiative, spearheaded by eight government departments, focuses ...
China gold licences: Yellow metal’s largest buyer to ease rules; continues to diversify away from dollar reserves
China is easing gold import/export licensing, aiming to diversify reserves from the US dollar. The People’s Bank of China (PBOC) plans to broaden the use ...
Real estate sector: Institutional investors infuse $80 bn since 2010; foreign capital dominates 57% inflows
India’s property market has attracted nearly $80 billion in institutional investments over the past 15 years, establishing itself as a preferred asset class. Foreign investors ...
Delhi’s Bhai Dooj gift: Pink Card registration to begin from mid October; free bus travel for women
The Delhi government is gearing up to launch its Pink Card initiative by mid-October, offering women lifetime free bus travel as a Bhai Dooj gift. ...