Banking And Finance
Gifting money to an NRI child: how is TCS calculated under LRS, and can you claim a refund?
I am a resident of India and want to gift ₹25 lakh to my daughter, who is an NRI and has been residing in the USA for the past four…
Can EPFO recover PF money after employer’s violation? Telangana HC delivers key ruling
The Telangana High Court has held that the (EPFO) cannot seek recovery of provident fund dues from a retired employee merely because the employer allegedly violated EPF rules after surrendering…
Why salaried taxpayers should not file ITR without Form 16: Key risks explained
As the filing season for AY2026-27 gathers pace, salaried taxpayers need one of the most important documents to file their tax returns: Form 16. While employers are legally required to…
China vs Russia — I asked Gemini which international solo trip is best under ₹1.5 lakh
As a solo traveller with a limited budget and an ardent wish to explore beyond the obvious international travel destinations for Indians, I turned to Gemini to help me decide…
Market
Angel One pays SEBI ₹4.28 crore to settle a case over lapses in authorised person oversight
Brokerage firm Angel One has settled a case with the , by paying ₹4.28 crore towards settlement charges, closing adjudication and enquiry proceedings over alleged supervisory lapses by its authorised…
Sensex gains 736 points, Nifty closes above 23,850 as US-Iran deal drives crude prices lower
Benchmark equity indices ended higher for the second consecutive session on Monday, although they pared some gains in the latter half of the session amid profit booking. Investor sentiment remained…
Newly listed Vedanta cos slips below debut price
The Vedanta Group company stocks faced selling pressure after the fresh listing of four demerged business on the stock exchanges. The shares end below their opening price, with Vedanta Aluminium…
Liotech Industries IPO to open on June 17: Check issue size, GMP and other details about SME offer
Liotech Industries IPO: The (IPO) of Liotech Industries is set to hit the primary market later this week on June 17 to raise ₹36 crore. The offer will close on…
Market
Novartis brings in its advanced-prostrate-cancer drug to India
Swiss drugmaker Novartis has launched its advanced-prostrate-cancer drug Pluvicto in India. The development comes about four months after the parent company had announced its exit from its listed entity in…
Suzlon launches India’s tallest wind turbine S175; to unlock low & medium wind potential sites
on Monday launched India’s tallest wind turbine, the 5 MW S175, aimed at unlocking higher energy generation in low to medium wind potential regions across India. The turbine was successfully…
MM Forgings to install new hot forging press; eyes ₹2,000-crore revenue in FY27
Chennai-based automotive component manufacturer MM Forgings Ltd is investing in capacity addition and is installing a new forging press, targeting revenue of nearly ₹2,000 crore in FY27. “We are installing…
IPO-bound Zetwerk’s FY26 revenue rises to ₹15,900 crore; order book tops ₹12,000 crore
IPO-bound contract manufacturing firm Zetwerk reported an estimated revenue of ₹15,900 crore from continuing businesses in FY26, up from ₹12,800 crore in FY25, supported by strong execution capabilities, diversified operations…
Axis
