Adani’s ₹58,104 Cr Tax Boost, Sovereign Gold Bond Update, and FIIs Exit ₹1.12 Lakh Cr – Key Market Insights!
Your daily dose of business news
🗞️ Adani Group Pays ₹58,104 Crore in Taxes for FY24
Adani Group reported a 25% increase in tax payments for FY24, up from ₹46,610 crore last year.
Expert Opinion:
“This reinforces Adani’s financial strength and compliance.” – Vikram Sethi, Corporate Analyst
🗞️ IndoBev’s Bro Code Eyes ₹700 Crore Revenue in 2 Years
The maker of Bro Code aims to double revenue to ₹700 crore with new liquor launches and upcoming whiskies.
Expert Opinion:
“This expansion reflects rising demand in the premium liquor segment.” – Arjun Malhotra, Consumer Market Expert
🗞️ Dividend Stocks: IGI, PFC Among Firms Trading Ex-Dividend Next Week
Several companies, including IGI and Power Finance Corp, will trade ex-dividend next week.
Expert Opinion:
“Dividend-paying stocks can offer stable returns in volatile markets.” – Meera Joshi, Investment Strategist
🗞️ Sovereign Gold Bond 2025: RBI Announces Premature Redemption Dates
The Reserve Bank of India has released the premature redemption schedule for Sovereign Gold Bonds from April to September 2025.
Expert Opinion:
“This provides liquidity to investors while maintaining gold as a stable asset.” – Ananya Rao, Investment Analyst
🗞️ Warren Buffett’s Annual Letter: 10 Key Takeaways
Warren Buffett’s latest annual letter shares insights on investing, Berkshire Hathaway’s future, and market trends.
Expert Opinion:
“Buffett’s focus on long-term value creation remains a key lesson for investors.” – Sanjay Batra, Finance Professor
🗞️ Key Market Trends to Watch on Monday
Investors should watch global cues, FII activity, and macroeconomic data as markets open on Monday.
Expert Opinion:
“Volatility is expected as markets digest economic signals.” – Kunal Verma, Stock Market Analyst
🗞️ FIIs Withdraw ₹1.12 Lakh Crore From Indian Equities in 2025
Foreign Institutional Investors have pulled out over ₹1.12 lakh crore from Indian equities, favoring Chinese markets instead.
Expert Opinion:
“This trend highlights shifting global investor sentiment.” – Ravi Kapoor, Market Economist
🗞️ TCS Loses ₹53,185 Crore in Market Cap Before Salary Hikes
Tata Consultancy Services (TCS) saw a massive ₹53,185 crore drop in market capitalization ahead of annual salary revisions.
Expert Opinion:
“Investor concerns over margins may be driving the sell-off.” – Priya Nair, IT Sector Analyst