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TREND | 24 Mar 2025

Mt K Kapital plans second real estate fund with Rs 2,500 crore corpus

Business Standard

Mt. K Kapital, a real estate-focused investment platform, plans to set up its second fund with a corpus of around Rs 2,500 crore to finance housing projects across major cities. Mumbai-based Mt. K Kapital is a real estate focused fund management company with SEBI approved Category II Alternative Investment Fund (AIF) license. "Our first fund closed at a total corpus of Rs 790 crore. We have deployed close to 50 per cent of the fund in five projects," Mt. K Kapital Founder and Managing Director Binitha Dalal told PTI. These five projects, with a total developable area of 7 lakh square feet, are located in Mumbai Metropolitan Region (MMR) and are being developed by Keystone Realtors Ltd that operates under the 'Rustomjee' brand. "We intend on committing the balance fund by the end of this year," she said. Asked about the future plan, Dalal said its AIF is a development fund platform built with combined skills of development and fund management. "Our second fund shall be at least th

India Policy and Reforms

TREND | 24 Mar 2025

NSE begins electronic settling of its unlisted shares: Details here

Business Standard

Central Depository Services will facilitate these transactions, ending manual settlements and aligning with Sebi's SECC Regulations

India Policy and Reforms

TREND | 24 Mar 2025

Government Notifies Revisions To Investment, Turnover Criteria For MSMEs

NDTV Profit

During her budget speech, Union Finance Minister Nirmala Sitharaman had announced new classification criteria for MSMEs.

India Policy and Reforms

TREND | 24 Mar 2025

Five years since pandemic crash: Penny stockholders celebrate, but for how long?

livemint

During bull runs, penny stocks generate wealth for lucky and savvy investors.

India Policy and Reforms

TREND | 23 Mar 2025

Govt takes serious note of bank unions' demand for five-day work week, employees hopeful

Business Line

Matter under discussion within Government including at the level of Finance Minister, says senior Finance Ministryofficial

India Policy and Reforms

TREND | 23 Mar 2025

SEBI may extend mainboard-like compliance, disclosure rules to SMEs

Business Line

Stricter rules for related-party transactions, board disclosures, and filings to be notified by April

SEBI Panel On Cards To Revamp Conflict Of Interest Rules For Board Members Profit Exclusive

NDTV Profit | 23 Mar 2025

India Policy and Reforms

TREND | 23 Mar 2025

Central GST authority adopts soft nudging' to bring unorganised sectors under tax net

Business Line

GST outreach drive nets 100 fresh registrations in East Delhi

Your state was in the room': Nirmala Sitharaman says GST decisions were collective, not Centre's in Chennai event

Business Today | 23 Mar 2025 1 more

India Policy and Reforms

TREND | 23 Mar 2025

TN gets major PLI projects in electronics, automobile, says Sitharaman

Business Standard

Tamil Nadu has emerged as a key beneficiary under the Production-Linked Incentive (PLI) scheme, receiving a significant share of projects in the electronics and automobile sectors, Union Finance Minister Nirmala Sitharaman said. Addressing an event organised by Chennai Citizens' forum on Saturday evening, Sitharaman dismissed charges of the state government that the Centre has neglected Tamil Nadu in terms of funding. She said major 'big ticket' projects have been announced and are progressing at various stages of implementation across the State. "Tamil Nadu has been the largest beneficiary under the PLI- scheme in electronics, electronic parts and automobiles. Out of the 27 companies that have received approval from the Centre, 7 are based out of Tamil Nadu," the Union Minister of Finance and Corporate Affairs noted. Sitharaman highlighted that 25 per cent of the companies availing benefits from the PLI scheme are from the state, she said drawing applause from the audience at the

No Point Unsettling A system, FPIs Should Live With Current Taxation: SEBI Chief

NDTV Profit | 22 Mar 2025 3 more

India Policy and Reforms

TREND | 22 Mar 2025

DGGI blocks 357 illegal online gaming sites, attaches 2,400 bank accounts

Business Standard

GST intelligence officers have blocked 357 websites of illegal offshore online gaming firms and attached about 2,400 bank accounts, the Finance Ministry said on Saturday. The ministry also cautioned the public against engaging with offshore gaming platforms, even though many Bollywood celebrities and cricketers, besides social media influencers, are found to be endorsing these platforms. About 700 offshore e-gaming companies are under the Directorate General of Goods and Services Tax Intelligence (DGGI) scanner, as these entities are evading GST by failing to register, concealing taxable pay-ins, and bypassing tax obligations. Investigations also revealed that these offshore companies operated through 'mule' bank accounts to process transactions, the ministry said, adding the DGGI blocked 166 'mule' accounts. "So far, 357 websites/URLs of illegal/non-compliant offshore online money gaming entities have been blocked by the DGGI, in coordination with the Ministry of Electronics and .

India Policy and Reforms

TREND | 22 Mar 2025

SEBI asks mkt entities to use registered contact details for advertising on social platforms

Business Line

The regulator has asked all intermediaries who wish to advertise on SMPs to update their contact details- specifically their email ID and mobile number - on the SEBI SI Portal by April 30, 2025

SEBI slaps 50 lakh fine on 10 entities for indulging in non-genuine trades

Business Line | 22 Mar 2025