Caterpillar shares hit record highs, up 61% YTD and 165% in 12 months, with strong demand and AI infrastructure tailwinds supporting bullish technical targets. Buying a stock at an all-time high is never easy. Human nature tells us we missed it. We fear that the easy money has already been made, and that a pullback…
Defence Stocks in focus: India’s defence surge boosts IdeaForge, BEL and Paras Defence amid rising drone opportunities (Image: AI/ET Now) Highlights Operation Sindoor showcased indigenous defence capabilities, boosting investor confidence significantly Drone procurement plans create major opportunities for domestic defence firms ideaForge Technology, BEL, Paras Defence likely key beneficiaries of the defence opportunity Defence Stocks…
Hexagon Nutrition IPO Review: The Rs 139-crore IPO, which opened for public subscription on June 5, will close on Tuesday, June 9. The company has fixed a price band of Rs 42-45 per equity share for the issue. The bidding window for the initial public offering (IPO) of Hexagon Nutrition Ltd opened today, June 5….
India’s latest decision to exempt foreign portfolio investors (FPIs) from tax on income earned from government securities is a significant step towards bringing the country’s bond market in line with global standards, according to Tejas Desai, Partner & Tax Financial Services Leader at EY India. Desai said the move removes taxes on both interest income…
Telecom users could see another round of mobile tariff hikes within the next three to six months, according to Gaurav Malhotra, Executive Director of Axis Capital. While expectations for a price increase have been pushed back from earlier estimates, he does not believe inflation concerns will delay tariff hikes much further. “We would be sticking…
Mahindra and Mahindra share price in focus: Nomura bullish on auto stock; keeps target price unchanged – 12 reasons why (Image: iStock/ET Now Digital/Canva) Mahindra and Mahindra share price in focus: Automobile major Mahindra & Mahindra (M&M) on May 5, announced its results for the fourth quarter of FY26. Along with the results, the company’s…
FII Investment in India: The Ordinance, published in the Gazette of India on Friday, amends the Income-tax Act, 2025. It has been brought into force retrospectively from April 1, 2026. FII Investment in Government Securities: The Centre has promulgated the Income-tax (Amendment) Ordinance, 2026, granting tax exemption to Foreign Institutional Investors (FIIs) on capital gains…
India has unveiled a series of measures aimed at attracting foreign capital and supporting dollar inflows, as policymakers seek to strengthen the country’s appeal to global investors amid volatile capital flows and rising global uncertainty. The government has exempted foreign institutional investors (FIIs) from paying tax on both interest income and capital gains earned from…
The Reserve Bank of India has announced that the limits for investment by Non-Resident Indians (NRIs) and OCIs in equity instruments on the stock market without SEBI registration are being increased. Additionally, for all individual Persons Resident Outside India (PROIs) are also proposed to be extended the same facility on par with NRIs and OCIs….
At 11:10 am, the stock was trading at Rs 98.73 on the NSE, down 4.99 per cent or Rs 5.20, taking the company’s market capitalisation to Rs 2,915.10 crore. Stock Performance Summary What are the allegations against Rajesh Exports by SEBI? How has SEBI’s order affected Rajesh Exports’ leadership? What implications does the SEBI probe…
