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Apollo Hospitals promoter group sells 1.3% stake for ₹1,490 cr to pare debt, reduce pledge 

Posted on August 22, 2025 By admin
Apollo Hospitals promoter group sells 1.3% stake for ₹1,490 cr to pare debt, reduce pledge 

File photo Apollo Hospitals Enterprise Managing Director Suneeta Reddy. Promoter group of Apollo Hospitals Enterprise (AHEL) represented by Managing Director Suneeta Reddy on Friday sold 1,897,239 equity shares, amounting to 1.3% stake, in a transaction worth more than ₹1,489 crore. The stake sale was via block deal on the stock exchanges at a price of…

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Income Tax Act gets President Droupadi Murmu’s assent

Posted on August 22, 2025 By admin
Income Tax Act gets President Droupadi Murmu’s assent

President Droupadi Murmu has given her assent to the Income-tax Act, 2025, which will replace the archaic Income Tax Act, 1961. The Income Tax Act, 2025, will come into effect from the next financial year, beginning April 1, 2026. The new Act will make tax laws simple and reduce wordage in the legislation, making it…

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Euphoric phase of Indian equity market is over: Mirae Asset’s Varun Goel

Posted on August 22, 2025 By admin
Euphoric phase of Indian equity market is over: Mirae Asset’s Varun Goel

Varun Goel, Senior Fund Manager, Mirae Asset Investment Managers (India). File | Photo Credit: Special Arrangement Varun Goel, Senior Fund Manager, Mirae Asset Investment Managers (India), said the euphoric phase of the Indian equity market is over, and investors should have more reasonable return expectations. “The period from 2019 to 2024 was a great five years…

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