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The Supreme Court has allowed Aakash Educational Services to proceed with its rights issue. This fundraising move was challenged by Byju's bankrupt parent company, Think & Learn. The court asked Think & Learn to subscribe to the shares by next Monday. Aakash Educational Services assured the court that Think & Learn's shareholding would be protected.
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News and Media
Record inflows into gold and silver ETFs highlight investor interest amidst market volatility. The article details the tax implications for these investments, differentiating between short-term and long-term capital gains, and explaining how intraday trading profits are treated as speculative income taxed at slab rates.
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News and Media
Asian Paints stock dropped after a weak December quarter. Softening demand, extended monsoon, and competition impacted sentiment. The company expects market share gains in waterproofing and home decor. Despite slower decorative volume growth, margins expanded due to lower raw material costs. Brokerages have trimmed earnings estimates. Cost savings and new products will support profitability as demand recovery remains gradual.
Category:
News and Media
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