Banking And Finance
Bought US startup shares using overseas savings? Here’s how India will tax it
I returned to India from the UK in March 2022 after working there for nearly 10 years. I continue to hold the savings that I accumulated during my residence abroad…
July 31 vs August 31: Which ITR filing deadline applies to you?
If you’re getting ready to file your Income Tax Return (ITR), don’t assume the deadline is the same for everyone this year. This year, taxpayers have different due dates depending…
NBFC credit driven by retail loans, RBI data shows
Non banking finance companies (NBFCs) recorded 14% year-on-year loan growth in May compared to 11% recorded a year ago. This growth was led by 20% rise in retail loans and…
Tamil Nadu: 25% salary hike for TASMAC liquor outlet employees to curb overcharging — See how pay increases
The Tamil Nadu government has announced a 25% hike in salaries of TASMAC liquor outlet employees with aim to bring in reform measures such as curbing corruption and overcharging at…
Market
Wall Street: Nasdaq, S&P 500 slip as chip stocks decline, Intel sinks 8.2%, Micron sheds 7.3%
Wall Street’s technology-heavy Nasdaq and the benchmark S&P 500 traded lower on Tuesday as weakness in semiconductor stocks prompted investors to reassess the strength of the artificial intelligence-driven market rally.…
Wipro to declare Q1FY27 results, interim dividend on this date. Check details
, the country’s fourth-largest IT services firm, on Tuesday, July 7, said its board of directors will meet on July 16 to consider and approve the audited standalone and consolidated…
IPO will enable us to invest in frontier technologies, strengthen manufacturing: Jupiter International
Jupiter International, one of India’s largest standalone solar photovoltaic cell manufacturers, is considering an initial public offering (IPO) as an option within the next 10 to 12 months to raise…
NFRA begins probe into Rajesh Exports over alleged financial misstatements
The National Financial Reporting Authority (NFRA) has initiated its investigation into gold refined by Rajesh Exports for alleged financial misstatement and revenue appreciation, Nitin Gupta, the NFRA chairman, said on…
Market
iD Fresh broadens portfolio with foray into packaged snacks
Fresh food brand iD Fresh Food has expanded into the packaged snacks category, marking another step in its transformation into a broader branded foods company as it prepares for an…
Raymond names fromer BEL CMD Bhanu Prakash Srivastava as Defence CEO
Raymond Limited has appointed Bhanu Prakash Srivastava as Chief Executive Officer – Defence. Prior to this appointment, Srivastava served as Chairman and Managing Director of Bharat Electronics Limited (BEL). In…
TotalEnergies CEO in Syria to discuss signing an exploration contract
French oil major TotalEnergies’ Chief Executive Patrick Pouyanne will meet with Syrian counterparts on Tuesday to discuss signing an exploration contract, he told reporters in Damascus. Pouyanne is in Syria…
CCI okays upGrad-Unacademy merger, clears path for major edtech consolidation; details here
The Competition Commission of India (CCI) has approved upGrad’s acquisition of certain shareholding in Unacademy’s parent company, Sorting Hat Technologies Private Limited, along with the subsequent merger of Sorting Hat…
Axis
