SAT says income tax paid on unlawful gains cannot offset SEBI disgorgement

The Securities Appellate Tribunal (SAT) has held that income tax paid on alleged unlawful gains cannot be deducted from disgorgement ordered by the Securities and Exchange Board of India, while…

Rupee sinks to a record low

The Rupee sank to a record low as the US and Iran hardened their stand on ending the West Asia war, sending crude oil prices higher and accentuating FPI sales…

Asia Healthcare Holdings expands leadership bench with three board appointments

Single-speciality healthcare platform Asia Healthcare Holdings has appointed three new independent directors to its board, Vinita Bali, Rashmi Joshi, and Murali Sivaraman, as the company sharpens its focus on expansion…

India has adequate stocks of fuel supply, but OMC losses could hit ₹1 lakh cr: Minister of Petroleum and Natural Gas

Minister of Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said that India has sufficient supplies of petrol, diesel and cooking gas despite the ongoing disruptions around the Strait…

Stove Kraft posts 3-fold rise in Q4 profit on strong induction cooktop sales

Stove Kraft, the Bengaluru-based home appliance manufacturer behind brands such as Pigeon, Gilma, and BLACK+DECKER, reported a sharp rise in its fourth-quarter net profit, which grew 318 per cent year-on-year…

Legal notice challenges 1989 transfer of Tata Sons shares to Naval Tata

A legal notice has been sent to senior trustees and executives associated with the Tata group alleging that the transfer of valuable Tata Sons shares from a charitable trust to…

Jewellery stocks lose sheen; drop for 2nd day

Jewellery stocks declined for the second day on Tuesday, with Thangamayil Jewellery tumbling over 8 per cent, after Prime Minister Narendra Modi called for postponing the purchase of gold for…

Dr Reddy’s Q4 net down at 86% at ₹220 crore on lower sales in US market

Dr Reddy’s Laboratories’ consolidated net profit declined 86 per cent at ₹220 crore in the fourth quarter of the last financial year ended March 31, 2026, compared to ₹1,593 crore in the corresponding…

Tata Power reports revenue drop amid strong renewable growth in Q4

Tata Power on Tuesday reported a fall in revenue in Q4 of FY26, due to its Mundra Power plant remaining closed during the quarter, though strong execution across renewables, transmission…

Cut waste, curb imports: Piyush Goyal’s ‘wake-up call’ to Indian industry

Indian industry must focus on reducing waste, improving productivity and lowering the country’s import bill to collectively strengthen the economy amid global uncertainties, commerce and industry minister Piyush Goyal said…