With India on the brink of a pivotal election and incumbent Prime Minister Narendra Modi vying for a historic third term, investment management company Franklin Templeton (FT) observed that investing before elections can be strategically advantageous.Assessing the impact of past elections, FT observed that despite the risks, the Indian stock market, as measured by the S&P CNX Nifty index,.

Late-stage and growth private equity firms have been in the spotlight over the last year because of the increasing number of deals between private equity firms and companies, deals between private equity companies, and deals involving promoter exits. Late-stage PE funds typically invest in companies that have proven their business models and have a track record of revenue generation.

Zee Entertainment share price fell over 3% on Thursday, extending decline from previous session’s steep loss. Zee shares fell as much as 3.58% to ₹156.20 apiece on the BSE.Zee Entertainment Enterprises stock price had fallen 6.36% in the previous session. The stock is down more than 37% in three months and 43% in 2024 so far.Zee shares have been under heavy pressure recently after the collapse.

Shares of One 97 Communications fell 5% to the day's low of Rs 385.90 on Thursday, witnessing their third successive decline and losses extending to 10%.Vijay Shekhar Sharma's resignation as the part-time non-executive chairman and board member at Paytm Payments Bank did not cut much ice with the investors who preferred to sell shares in hordes. Around 10 am, nearly 42.78 lakh shares were trading.

The Central Board of Direct Taxes (CBDT) issued a circular on February 13, 2024, to implement the interim budget announcement of waiving off direct outstanding tax demand of up to specified amounts for specified financial years. Finance Minister Nirmala Sitharaman had announced the waiver of outstanding personal tax demand up to Rs 25,000 till FY 2014-15 in the Interim Budget 2024.

The government has fixed a conservative target of wheat procurement in the range of 30-32 million tonnes for the 2024-25 rabi marketing season, according to the food ministry. The lower target has been fixed despite the Ministry of Agriculture hoping for a record wheat production of 114-115 million tonnes in the 2023-24 crop year (July-June). The target was fixed after a deliberation with state.

Shares of Brightcom Group Ltd tanked nearly 7 percent on February 29 after the Securities and Exchange Board of India (Sebi) on February 28 refused to lift restrictions imposed on the company's promoter Suresh Kumar Reddy, in a case of irregularities in preferential allotment of shares made by the company. Reddy will also continue to be restrained from holding the position of a director.

Tata Sons chairman N Chandrasekaran on February 28 said that the conglomerate is set to announce a semiconductor chip fab with a substantial investment "very soon", as per an Economic Times report.On the group's "forward-looking approach", Chandrasekaran cited investments in Air India and the electronics and semiconductor sector. He, however, did not provide details on plans for the semiconductor

Even before market regulator Sebi directed AMCs to find ways to protect the interest of smallcap investors in a frothy market, mutual fund houses have been trying to tame down the euphoria. AMCs like SBI, Tata and Nippon already do not accept lumpsum investments in their smallcap schemes while Kotak will start imposing a cap on the amount you can invest.

Reported Consolidated quarterly numbers for KSB are: Net Sales at Rs 602.60 crore in December 2023 up 14.87% from Rs. 524.60 crore in December 2022. Quarterly Net Profit at Rs. 54.90 crore in December 2023 down 1.79% from Rs. 55.90 crore in December 2022. EBITDA stands at Rs. 87.30 crore in December 2023 up 2.11% from Rs. 85.50 crore in December 2022.

Reported Standalone quarterly numbers for KSB are: Net Sales at Rs 602.60 crore in December 2023 up 14.87% from Rs. 524.60 crore in December 2022. Quarterly Net Profit at Rs. 52.80 crore in December 2023 down 2.58% from Rs. 54.20 crore in December 2022. EBITDA stands at Rs. 87.40 crore in December 2023 up 2.22% from Rs. 85.50 crore in December 2022.

The index maintenance sub-committee of NSE Indices has implemented numerous adjustments to NSE indices, notably replacing UPL Ltd with Shriram Finance Ltd in Nifty50. At least five stocks, namely Adani Power Ltd, Indian Railway Finance Corporation Ltd (IRFC), Jio Financial Services Ltd (JFS), Power Finance Corporation Ltd (PFC), and REC Ltd, have entered the list of the next 50 influential groups.

The case for interest rate cuts is expected to get stronger if inflation keeps declining, said Ashima Goyal, one of the three external members on the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC). "But most forecasts see it rising again in Q3 (October-December 2024). So let us wait and see," Goyal told Moneycontrol in an interview on February 27.

The share price of Suzlon Energy declined 3 percent intraday on February 29 despite the company winning a 30-MW wind power project for EDF Renewables. "Suzlon will install 10 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each. The project is located in Gujarat," the company said.

Foreign direct investment (FDI) inflows in India declined 13 per cent to USD 32.03 billion in April-December 2023, dragged down by lower infusion in computer hardware and software, telecom, auto, and pharma sectors, according to the latest government data. FDI inflows stood at USD 36.74 billion during the corresponding nine months of the preceding fiscal. Inflows during the October-Dec quarter!