Author: Legal Parivar

The Indian market recovered nearly 1 percent in the truncated week ended October 3, after a steep 2.7 percent decline in the previous week, offering signs of a potential near-term rebound. The rally was supported by the RBI’s upward revision of FY26 growth forecast to 6.8 percent, banking sector reforms, hopes of further US Fed rate cuts, strong auto sales, and a sharp fall in crude oil prices. Meanwhile, gold futures surged to a record $3,923.3 per troy ounce, reflecting sustained investor demand. Outlook for the Week Starting October 6 Analysts expect a positive bias in the coming week, with…

The National Stock Exchange (NSE) announced on Sunday that it will invest ₹380 crore to construct a multi-speciality hospital and bone marrow transplant (BMT) centre at the Tata Memorial Centre’s (TMC) ACTREC campus in Navi Mumbai. The upcoming 11-storey NSE Hospital Block, being built by Larsen & Toubro (L&T), will be the largest BMT facility in India, the exchange said in an official statement. Once operational, the centre is expected to handle around 1.3 lakh OPD visits annually, perform over 600 bone marrow transplants each year, and house 60 beds. The project, spread across 2.4 lakh sq ft, is being…

The upcoming week beginning October 6 is poised to be the biggest ever for India’s primary market in terms of total fund-raising size, with seven IPOs collectively valued at more than ₹30,000 crore set to open. While the number of IPOs is fewer than in the past two weeks, the overall issue size marks a new record. Previously, the record was set in October 2024, when Hyundai Motor India’s IPO alone raised ₹27,859 crore — the largest in India’s history. Tata Capital to Kick Off the Record Week The action begins with Tata Capital’s ₹15,512-crore IPO, opening on October 6,…

The primary market is set for an active week as Tata Capital and LG Electronics India prepare to launch their initial public offerings (IPOs), together valued at over ₹26,000 crore. Given the scale of these issues and the reputation of their parent groups, strong investor participation is expected. For Tata Capital, this marks the Tata Group’s second public listing in recent years, following Tata Technologies’ IPO in November 2023. Here’s what investors need to know before subscribing: Risks include asset quality concerns, exposure to unsecured loans, loan concentration, and liquidity risks. Disclaimer: The information provided above is for educational and…

Overview Launched in 2016, the Startup India Scheme is a flagship initiative of the Government of India designed to foster entrepreneurship, innovation, and job creation. The program aims to transform India into a global startup hub by simplifying regulatory procedures, offering tax benefits, and improving access to funding for emerging businesses. By promoting innovation and reducing compliance burdens, the scheme supports a sustainable ecosystem where new businesses can grow and contribute to India’s economic development. Eligibility Criteria for Startups To qualify under the Startup India Initiative, a company must meet the following criteria: Funding Support and Financial Assistance The government…

Raja Ram Singh, Member of Parliament (Lok Sabha) and a member of the Standing Committee on Labour, Textiles and Skill Development, has called for urgent government intervention to stop what he described as “illegal layoffs” across Tata Consultancy Services (TCS) and the wider Indian IT/ITES sector. In a letter dated October 1, 2025, addressed to Mansukh Mandaviya, Minister of Labour and Employment, and Ashwini Vaishnaw, Minister of Electronics and Information Technology, Singh raised serious concerns over large-scale retrenchments taking place in violation of labour laws. Earlier reports indicated that TCS planned to terminate over 12,000 employees, though Singh claimed the…

Domestic equity markets staged a strong rebound on Monday, with both benchmark indices ending higher after early volatility. Buying in metal and banking stocks helped lift sentiment and reverse initial losses. The Sensex gained 223 points (0.28%) to close above 81,200, while the Nifty 50 added 57 points (0.23%) to end near 24,894. The recovery was led by major metal players such as Tata Steel, Hindalco, and JSW Steel, along with financial heavyweights including Kotak Mahindra Bank and Axis Bank. The broader market also saw support from renewed investor confidence following the Monetary Policy Committee’s (MPC) recent policy decision, which…

Foreign portfolio investors (FPIs) continued to offload Indian equities in September, pulling out ₹23,885 crore (around USD 2.7 billion) and taking the year-to-date net outflow to ₹1.58 lakh crore (USD 17.6 billion), according to data from depositories. This marks the third straight month of withdrawals, following heavy outflows of ₹34,990 crore in August and ₹17,700 crore in July. The selling pressure was triggered by multiple global and domestic headwinds, including steep US tariff hikes of up to 50% on Indian goods and a one-time USD 100,000 H-1B visa fee, which dampened sentiment toward export-oriented sectors such as IT. The rupee’s…

Bitcoin surged to a record high of $125,689 on Sunday in Asian trading, surpassing its previous peak of $124,514 set on August 14, as a broader risk-on rally fueled by the US government shutdown boosted demand for the world’s largest cryptocurrency. The rally coincided with gains in US equities and renewed inflows into Bitcoin-linked exchange-traded funds (ETFs). Investors are betting that the shutdown will prompt a flight to so-called safe-haven assets, driving what traders have dubbed the “debasement trade.” “With many assets — including equities, gold, and even collectibles like Pokémon cards — hitting all-time highs, it’s no surprise Bitcoin…

The Department of Consumer Affairs has launched an investigation into e-commerce platforms accused of levying extra charges under misleading names, a practice the government has classified as a “dark pattern” designed to deceive consumers. Union Minister for Consumer Affairs, Food and Public Distribution, and New and Renewable Energy Pralhad Joshi revealed on X (formerly Twitter) that multiple complaints have been received regarding e-commerce platforms charging extra for Cash-on-Delivery and other hidden fees. “The Department of Consumer Affairs has received complaints against e-commerce platforms charging extra for Cash-on-Delivery, a practice classified as a dark pattern that misleads and exploits consumers. A…