Author: Legal Parivar

Walmart-owned Flipkart and Amazon have started discussions with leading brands on how to manage the potential impact of a proposed GST reduction. The ecommerce majors fear that consumers could delay purchases in anticipation of lower prices, particularly for high-value categories like electronics. The timing is crucial as the platforms gear up for their flagship festive sales in September, which are the biggest annual events for online marketplaces. These sales typically begin just before Navratri and contribute nearly half of festive ecommerce revenues in India. The GST Council is expected to meet in the third week of September to finalise new…

In a fresh development, Foxconn subsidiary Yuzhan Technology has sent back around 300 Chinese engineers from its India facility, people familiar with the matter told ET. This marks the second instance in recent months where the Taiwanese contract manufacturer has recalled Chinese staff from India. Earlier in July, Foxconn had also withdrawn a similar number of Chinese engineers and technicians from its iPhone manufacturing units in India. Yuzhan Technology is currently setting up a ₹13,180 crore ($1.5 billion) display module assembly unit in Tamil Nadu, a key part of Apple’s supply chain diversification strategy as more iPhone production shifts out…

Meta Platforms has entered into a massive cloud computing deal with Google worth more than $10 billion over six years, according to a source familiar with the development. The agreement, first reported by The Information and later confirmed to AFP, will see Meta relying on Google’s datacenter servers, storage, networking, and related cloud services. While Meta declined to comment on the deal, it comes as CEO Mark Zuckerberg doubles down on artificial intelligence investments, aiming to build what he describes as “AI superintelligence.” Over the past year, Meta has aggressively hired AI talent from rivals like OpenAI and Apple, while…

Patel Retail Ltd is set to finalise the share allotment for its initial public offering (IPO) today, Friday, August 22. Investors who applied can check their IPO allotment status on the registrar’s portal, Bigshare Services Pvt Ltd. According to BSE data, Patel Retail IPO witnessed strong demand with a subscription of 95.70 times by the close of bidding on August 21. The issue had opened on August 19 and closed on August 21. Applicants can review the allocation details online to confirm whether shares have been allotted to them. Successful applicants will see the allotted shares reflected in their demat…

In a major enforcement action, the Securities and Exchange Board of India (Sebi) conducted a two-day search and seizure operation at Karjat, targeting trader and market influencer Avadhut Sathe. The operation, executed from August 20 to 21, was carried out despite heavy rains in the Mumbai metropolitan region and involved meticulous planning, including court approvals, reconnaissance, and tracking movement patterns. Sebi officials seized digital devices and trading data for forensic analysis as part of an ongoing crackdown on finfluencers and trading academies allegedly misleading retail investors. Sebi whole-time member Kamlesh Chandra Varshney confirmed the regulator’s intent to send a strong…

Introduction Investing wisely in stocks requires more than following market trends—it demands understanding a company’s financial health. Reading financial statements and key ratios can help investors make informed decisions, reduce risk, and spot profitable opportunities. This guide simplifies the process of analyzing company financials for smarter investing. Key Financial Statements Key Ratios to Understand Analyzing Quarterly Earnings Quarterly results reveal how a company is performing in the short term. Key points to analyze: Practical Checklist Before Investing Conclusion Understanding financial statements, key ratios, and quarterly results empowers investors to make informed decisions. A structured approach reduces risk, improves returns, and…

Introduction Initial Public Offerings (IPOs) are one of the most talked-about investment opportunities in India. Every year, companies raise capital by offering shares to the public, providing investors a chance to own a piece of a growing business. While IPOs can be lucrative, they carry risks. Understanding how IPOs work and how to invest safely is essential for retail investors. What is an IPO? An Initial Public Offering (IPO) is the first time a company offers its shares to the public on a stock exchange. Companies raise funds for business expansion, debt repayment, or new projects. Once listed, these shares…

Indian equities closed in the green on Thursday, extending their rally to a sixth consecutive session. Positive sentiment stemmed from optimism over a potential Goods and Services Tax (GST) cut, proposals to exempt insurance premiums from tax, and gains in Reliance Industries. Top Movers: Market Trends: Global markets were subdued ahead of the Jackson Hole symposium, with Wall Street and European indexes showing muted movements. Concerns over valuations, rising domestic bond yields, and subdued Q1 earnings tempered investor enthusiasm. Technical View: Disclaimer: This information is for general market awareness only and is not investment advice. Investors should conduct independent research…

The Ministry of Railways announced on August 21, 2025, that Indian Railways will operate 380 Ganpati Special train trips this year, covering popular destinations such as Udupi, Kolad, and various locations across the Konkan region. This marks the highest-ever number of Ganpati special trips, up from 358 in 2024. Railway Zonal Operations: Ganpati Special Train Routes:Trains will run across Konkan Railway stations, including Kolad, Indapur, Mangaon, Veer, Sape, Karanjadi, Chiplun, Khed, Sawarda, Rajapur Road, Ratnagiri, Madgaon, Udupi, Kundapura, Karwar, Kumta, and Murdeshwar, among others. The Ganpati Puja celebrations are scheduled from 27 August to 6 September 2025, with services starting…

Vedanta Ltd announced on August 21, 2025, that it will pay a second interim dividend of Rs 16 per share for FY26, totaling Rs 6,256 crore. The record date for this dividend is set for August 27. Shares of the Anil Agarwal-led mining conglomerate closed 0.36% higher at Rs 447.1 on the same day. Earlier, the company had approved a first interim dividend of Rs 7 per share on June 18, 2025. In FY25, Vedanta had distributed Rs 17,000 crore as dividends, equating to Rs 43.5 per share. Meanwhile, the National Company Law Tribunal (NCLT) has deferred the hearing on…