Companies

Pahalgam terror attack: Nirmala Sitharaman cuts short US-Peru visit

FM Sitharaman tables revised Income Tax Bill in Parliament to improve fairness, clarity

Tabling the bill in Lok Sabha, FM Sitharaman said that suggestions have been received which are required to be incorporated to convey the correct legislative meaning. "There are corrections in the nature of drafting, alignment of phrases, consequential changes and cross-referencing," she said, adding that the earlier Bill was pulled back to avoid confusion.

Aug 11, 2025

7 of top ten largest firms lose Rs 1.36 lakh crore in last week

Markets fell for the sixth straight week following US President Donald Trump's unexpected announcement of a 50 per cent tariff on Indian goods. The Nifty and Sensex fell by nearly one per cent, closing at 24,363 and 79,857, respectively.

Aug 10, 2025

ITR-5 Excel Utility Goes Live for Eligible Non-Individual Taxpayers

The updated form includes sections for MSME registration, startup deductions under Section 80-IAC, and expanded reporting for virtual digital assets. Buyback losses can now be reported only if related dividends were taxed. The filing deadline for non-audit cases is September 15, with verification required within 30 days. The utility covers detailed financial disclosures and income schedules, with matching Form 26AS tax credits mandatory. Excel utilities for ITR-1 to ITR-4, ITR-2, and ITR-3 have already been released.

Aug 9, 2025

RBI pegs India's CPI inflation at 3.1 pc for FY26 amid strong monsoon, healthy kharif sowing

RBI Governor Sanjay Malhotra said, "The inflation outlook for 2025-26 has become more benign than expected in June. Large favourable base effects combined with steady progress of the southwest monsoon, healthy kharif sowing, adequate reservoir levels and comfortable buffer stocks of foodgrains have contributed to this moderation."

Aug 6, 2025

Solizo Vitrified Accelerates Expansion with High-Demand Tile Innovations

We're excited to introduce this line to architects and developers who value finesse and function in equal measure.

Aug 5, 2025

Apple smashes Q3 estimates with $94B revenue; iPhone and services lead rally

Apple's Q3 FY25 results show a company in command of its core business while carefully positioning itself for the future. The narrative is clear: while the iPhone remains king, services are quickly becoming the kingdom.

Aug 1, 2025

Adani Realty most valuable unlisted company on 'Hurun Real Estate List 2025'

The report said that India's top real estate firms are valued at Rs 16 lakh crore or $188 billion, up by Rs 1.9 lakh crore. Their total value grew by only 14 per cent, a sharp drop from last year's 70 per cent growth and the lowest on record for the list.

Jul 31, 2025

Adani's Ambuja Cements clocks 24 pc net profit growth at Rs 970 crore in Q1, revenue up 23 pc

Adani's Ambuja Cements clocks 24% net profit growth at Rs 970 crore in Q1, revenue up 23%

Ambuja Cements is currently the 9th largest building materials solutions company globally. By blending business reimagination, future-ready technologies, ESG focus and deep community engagements, Ambuja Cements is redefining scale and impact in the cement industry.

Jul 31, 2025

Centre aims to collect Rs 900 crore for BSNL, Rs 4,573 crore for MTNL via asset monetisation in FY26

Union Minister of State for Communications, Pemmasani Chandra Sekhar, told the Rajya Sabha in a reply to a question that the assets monetisation is being done as per the revival packages approved by the Union Cabinet. The minister emphasised that there is no plan to shut down BSNL and MTNL, and the "proceeds of asset monetisation are being used in accordance with the approvals of the Union Cabinet".

Jul 31, 2025

Sky is the limit: IndiGo is now tenth largest airline by capacity globally; growth indisputable [details]

IndiGo's Q1 net profit slumps 29 pc sequentially, revenue falls nearly 7.5 pc

On year-on-year (YoY) basis, the airline posted a 20.26 per cent drop in its profit from Rs 2,729 crore in the same period previous year (Q1 FY25), according to its stock exchange filing.

Jul 30, 2025

TCS CEO earns Rs 26.5 crore as IT major announces massive layoffs

TCS CEO's salary amid massive layoffs irks IT sector; shocked at 330x median employee salary

Krithivasan's salary comprised a base salary of Rs 1.39 crore, alongside Rs 2.12 crore in benefits, perquisites, and allowances, as well as Rs 23 crore in commission, according to the latest annual report.

Jul 30, 2025

Decathlon aims to boost sourcing from India to $3 billion, create 3 lakh jobs by 2030

On its 25th anniversary of starting production in India, Decathlon's decision signifies a growing focus on Indian manufacturing, a release from the company said. India currently supplies 8 per cent of Decathlon's global products.

Jul 30, 2025

Lenskart IPO: Promoter Sumeet Kapahi's degree, marksheets missing, shows DRHP

The document states that Kapahi has written several emails and a letter to the university requesting copies of his degree certificate and has also applied for the marksheets through the university's online portal.

Jul 29, 2025

Reliance Infra, Power hit lower circuit; drop 10 pc after ED raids on Anil Ambani firms

ED conducted the raid on over 35 premises linked to Anil Ambani's Reliance Group (RAAGA Companies) during a probe into the Rs 3,000 crore Yes Bank loan fraud. Both Reliance Power and Reliance Infrastructure have issued statements distancing themselves from the investigation.

Jul 25, 2025

Infosys' Q1 net profit dips 1.6 pc sequentially to Rs 6,924 crore, revenue up

The company's revenue rose 7.5 per cent YoY to Rs 42,279 crore, while on a sequential basis, revenue was up by 3.3 per cent, compared to Rs 40,925 crore in Q4 FY25. The company's total expenses rose slightly to Rs 33,581 crore in Q1, compared to Rs 32,452 crore in the previous quarter.

Jul 23, 2025

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Companies

FM Sitharaman tables revised Income Tax Bill in Parliament to improve fairness, clarity

7 of top ten largest firms lose Rs 1.36 lakh crore in last week

ITR-5 Excel Utility Goes Live for Eligible Non-Individual Taxpayers

RBI pegs India's CPI inflation at 3.1 pc for FY26 amid strong monsoon, healthy kharif sowing

Solizo Vitrified Accelerates Expansion with High-Demand Tile Innovations

Apple smashes Q3 estimates with $94B revenue; iPhone and services lead rally

Adani Realty most valuable unlisted company on 'Hurun Real Estate List 2025'

Adani's Ambuja Cements clocks 24% net profit growth at Rs 970 crore in Q1, revenue up 23%

Centre aims to collect Rs 900 crore for BSNL, Rs 4,573 crore for MTNL via asset monetisation in FY26

IndiGo's Q1 net profit slumps 29 pc sequentially, revenue falls nearly 7.5 pc

TCS CEO's salary amid massive layoffs irks IT sector; shocked at 330x median employee salary

Decathlon aims to boost sourcing from India to $3 billion, create 3 lakh jobs by 2030

Lenskart IPO: Promoter Sumeet Kapahi's degree, marksheets missing, shows DRHP

Reliance Infra, Power hit lower circuit; drop 10 pc after ED raids on Anil Ambani firms

Infosys' Q1 net profit dips 1.6 pc sequentially to Rs 6,924 crore, revenue up

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]