Banking And Finance
Fino Payments bank CEO Rishi Gupta resigns after ‘fit and proper’ clearance, interim chief extended
board has accepted Rishi Gupta’s resignation on Thursday even after finding him “fit and proper” to lead the bank as managing director and chief executive officer for a second term.…
Income-tax return forms released: Here’s all you need to know about ITR-1 Sahaj — Top FAQs answered
The Income-Tax department has notified I-T return (ITR) forms for assessment year 2026-27 (AY27) or financial year 2025-26 (FY26) and enabled Excel Utility for the ITR-1 and ITR-4 forms so…
8th central pay commission: Roll-out takes years — Here’s why central government employees may get pay hike only in 2027
The 8th central pay commission has begun its consultation process and is holding discussions with employee representatives and stakeholders across various states before making its recommendations for the salaries and…
75.5% of Indians lack a retirement plan, while 77% avoid financial advice: 1 Finance survey
India is steadily moving towards a retirement preparedness crisis, as a majority of middle-aged earners lack both structured financial planning and professional guidance, according to a recent survey conducted by…
Market
SEBI issues show-cause notices to six Capital Group-linked FPIs
The Securities and Exchange Board of India (SEBI) has issued show-cause notices to six foreign portfolio investors (FPIs) linked to US-based asset manager Capital Group in connection with its ongoing…
Elevation Capital to sell 1.3% stake in Paytm parent company
Mumbai Funds associated with Elevation Capital are set to offload a significant stake in One 97 Communications Ltd, the parent company of Paytm, through a bulk share sale on the…
SEBI proposes new rules for IPO, re-listed stock opening price discovery
The Securities and Exchange Board of India (SEBI) has proposed a new framework for price discovery in IPOs and re-listed stocks, including changes to base price calculations, automatic widening of…
Market
LG Electronics India net profit dips 8.1%, registers highest quarterly revenue
Higher commodity costs and a depreciating rupee impacted LG Electronics India’s profits in the March quarter. The company posted a net profit of ₹692.7 crore for the quarter, down 8.19…
Paradise Biryani to invest ₹100 cr to open 100 new stores
Paradise Biryani, a popular biryani brand in Hyderabad, is going places. After acquiring it from its promoters, Samar Capital has said it would open 100 new outlets across major cities.…
VA Tech Wabag Q4 PAT up 28.6% at ₹128 crore
Water technology company VA Tech Wabag(WABAG) on Thursday reported a 28.6 per cent growth in consolidated net profit for the quarter ended March 202 (Q4 FY26) at ₹128 crore. Revenue…
Impacted by GST rate and West Asia conflict, ITC Q4 profit up 5% at ₹5,113 crore
Broadly in line with street estimates, diversified conglomerate ITC reported a 4.89 per cent year-on-year increase in its standalone net profit in Q4FY26 to ₹5,113.36 crore, as increased GST rate…
Axis
