Sebi resolves 4,239 investor complaints via SCORES portal in April

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In April, SEBI’s SCORES platform addressed 4,239 investor grievances while receiving 4,341 new complaints, resulting in a slight increase in unresolved cases to 4,263. Listed companies and intermediaries averaged eight days for Action Taken Reports, with First Level Reviews resolved in four days. The upgraded SCORES 2.0 ensures timely complaint resolution, offering investors options for … Read more

Snacking doesn’t grow for 1st time since Covid

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Snack demand in India remained stagnant in FY25 due to factors like consumption fatigue and high prices, with households maintaining or slightly reducing purchases of biscuits and noodles. While larger brands experienced slower growth, some consumers shifted to local brands to save costs. Companies are now focusing on flexible pricing and pack sizes to boost … Read more

IT salaries rise 12-37% since FY21, linked to business growth

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Indian IT firms like Infosys and Wipro have seen median salary growth of around 30% since FY21, reaching approximately Rs 10 lakh. Global companies Cognizant and Accenture experienced increases of 12% and 17.5% respectively. However, growth rates have generally declined across the industry, influenced by factors like competitive intensity and inflation.

Relief rally: Sensex soars 3,000 points in week

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Dalal Street witnessed a significant rally following the Indo-Pak ceasefire, adding over $300 billion to investor wealth. The Sensex and Nifty climbed, fueled by foreign and domestic fund inflows, a fall in retail inflation, and expectations of RBI rate cuts. Smallcap and midcap stocks outperformed, with defense and railway sectors experiencing substantial gains.