Banking And Finance
Senior citizen misses income tax appeal deadline by 191 days after wife’s death; ITAT Pune gives another chance
A Pune-based senior citizen who missed the deadline to file an appeal by 191 days after his wife’s death has received relief from the Income Tax Appellate Tribunal (ITAT), Pune.…
How to choose the right health insurance policy: 5 key factors to keep in mind
Rising medical costs in India can turn even a routine hospitalisation into a severe financial shock. While securing a comprehensive health insurance policy is the most effective safeguard, finding the…
NCLT forms 5-member special bench to decide Zee founder Subhash Chandra’s Rs 22,006-crore repayment plan
Mumbai: The Delhi bench of the National Company Law Tribunal () on Monday constituted a five-member special bench to resolve the deadlock over Zee founder ‘s , after concluding that…
HSBC joins PEs in race for Nuvama Wealth
Mumbai: Europe’s largest lender is competing with global buyout groups to acquire Ltd, said people in the know. Asia-Pacific-focused private equity firm PAG, current owners of the listed financial services…
Market
Nifty slips below 24,100 as crude spikes; ITC, Bharti Airtel gain, TCS, Nestle decline
Markets opened on a cautious note Tuesday morning, with the Nifty 50 trading at 24,038.35, down 42.05 points, or 0.17 per cent, from its previous close of 24,080.40, which had…
Rupee seen opening at 95.14-95.18 as oil prices, US yields rise
The Indian rupee is expected to start Tuesday little changed, with the central bank’s persistent intervention and favourable near-term momentum helping offset the drag from rising U.S. Treasury yields and…
Nifty set for higher open after 7.8% GDP surprise; West Asia tensions, rising crude price cap gains
Indian shares are expected to open marginally higher on Tuesday on stronger-than-expected domestic growth data, although rising crude oil prices due to renewed West Asia tensions could keep any optimism…
India’s oil imports from US, Venezuela largely a function of price: ONGC Chairman
India’s oil imports from countries such as the US and Venezuela are largely determined by prevailing crude prices, with more than 60 per cent of the country’s oil imports being…
Market
Fortis case: Indian court directs appointment of forensic auditor, says IHH
Malaysia’s IHH Healthcare said on Tuesday that an Indian court had directed the appointment of a forensic auditor in relation to certain applications filed by Japan’s Daiichi Sankyo against Fortis…
Versuni India ramps up manufacturing, localisation to meet consumer needs
For the global home appliances company Versuni, the India business has emerged as a key growth engine, witnessing a double-digit growth rate. Versuni India, which owns the Philips domestic appliances…
Mahindra takes possession of 800 acres for biggest factory to make ICE vehicles, EVs and tractors
Mahindra is moving to take the first 800 acres for its biggest manufacturing complex in Nagpur, a 1,500-acre hub designed to produce ICE and electric vehicles alongside tractors, with capacity…
Natco Pharma looks beyond generics for its next growth shot
Natco Pharma has built its business around a familiar playbook for years: cracking complex and difficult-to-make generics that can deliver outsized earnings if they succeed. But as competition intensifies and…
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