The Delhi Income Tax Appellate Tribunal clarifies that taxpayers cannot claim fresh capital gains exemptions after a notice under Section 148 unless such claims are included in a revised return, impacting property-related tax appeals. The Delhi bench of the Income…
A parliamentary standing committee warns India that expanding trade pacts alone is insufficient, emphasising the need for industrial strength, innovation, and diversification to truly embed the country in future supply chains amid shifting global dynamics. India needs to look beyond…
LIC’s new Jeevan Akshay VII plan presents customised pension options for retirees seeking certainty, though with reduced payouts and limited inflation protection, highlighting a shift towards safety over growth in retirement income solutions. Life Insurance Corporation of India’s Jeevan Akshay…
Allcargo Logistics has announced its strongest quarterly performance in FY27, with record revenue, EBITDA growth, and strategic use of artificial intelligence, signalling a disruptive shift in India’s logistics sector amid rising demand from diverse industries. Allcargo Logistics has reported its…
Biocon anticipates a more dynamic second half of fiscal 2027 driven by new biosimilar launches in the US and regulatory improvements, signalling a positive outlook for the company’s biosimilar pipeline. Biocon expects its business to gather pace in the second…
Mutual fund houses in India are set to roll out a wave of specialised investment options following recent regulatory amendments by SEBI, signalling a strategic shift towards diversification and targeted fund offerings. Mutual fund houses in India are preparing a…
Shiprocket trims its IPO size by 31%, reflecting a cautious approach in India’s evolving market environment, while pioneering biodegradable sanitary pads highlight product-led solutions to social and infrastructure challenges. Shiprocket has trimmed the size of its initial public offering by…
Britannia Industries reports a 14% rise in quarterly net profit, navigating higher transportation and fuel costs driven by West Asia tensions through strategic price adjustments and volume growth, as the company prepares for further price hikes to sustain margins. Britannia…
India’s primary steel producers are expected to maintain stable operating profits in the current fiscal year, supported by higher domestic prices, import safeguards, and resilient local demand, even as raw material costs increase significantly. India’s primary steel makers are set…
Gold continues its upward trajectory near record levels, fueled by optimism over Strait of Hormuz diplomacy, strong central bank demand, and resilient investment flows, amid a complex geopolitical and economic landscape. Gold has continued to edge higher after a sharp…
