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‘Can raise tax demand for any year’: CBDT’s Nitin Gupta
In an exclusive interaction, Gupta said that there is no time limit for the collection of demand and clarified that even cases dating back several years can still be pursued.
‘Gadar 2’, ‘Jailer’ box office hits to play savior as Zee, Sun TV expected…
Analysts expect flat ad revenue for Sun TV, but a decline for Zee in the September quarter. But both companies would see the benefit of super hits Jailer and Gadar 2.
Markets continue to fall on weak global trends, soaring crude oil prices
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,093.47 crore on Thursday, according to exchange data.
Metro Brands to copy Fila’s success model in China to rebuild the brand
The company said that this was an important step in building the brand image as it believed the existing inventory did not serve the taste of the brand image.
1.5 million iPhones sold in 1st week of festive season
The festival season, which started on October 8, 2023, witnessed growth both in terms of value and volume during the first week, driven by strong demand for Samsung, Apple and Xiaomi devices.
Centre eases import curbs on PCs, laptops and tablets
Importers can change the quantity of goods purchased even after the issuance of an import authorisation.
ITC and HUL see rural demand recovery in festive season
Rohit Jawa, CEO and MD of HUL, added, 'they need to be watchful of volatile global commodity prices as well as the impact of monsoon on crop output and reservoir levels'.
Government detects Rs 1.36 lakh crore GST evasion in FY24
As many as 500 persons have been arrested in cases of fake input tax credits.
Poor rains to affect production of pulses, oilseeds and cotton
The biggest dip in area under cultivation was seen in pulses, at 0.54mn hectares, followed by oilseeds at 0.33mn hectares and cotton by 0.41mn hectares.
Adanis to invest Rs 20,000 crore to raise cargo capacity
As per reports, the company would invest Rs 5,000-Rs 6,000 crore each year in expanding its capacity with internal cash flow of about Rs 8,000 crore.
Jio Financial reports Rs 668 crore net profit in Q2
Total revenue from operations for JFSL rose about 48% on a sequential basis to Rs 608 crore.
REC commits ₹40,000 Crore for two Green Hydrogen and conventional projects in Odisha
Gurugram: REC Limited marked a significant milestone by signing three MoUs totalling ₹40,358 Crores to support and finance various projects in the vibrant state of Odisha. The signing ceremony took place in the presence of distinguished…
Flipkart’s shopping fest sees 1.4 billion visits
Kalyan Krishnamurthy, CEO, Flipkart Group, said the company created one lakh new job opportunities across supply chain, including fulfillment centers, sortation centers and delivery hubs.
Centuary Mattress plans rapid expansion in South with experience centers
It recently opened its first-ever experience center at Chennai and plans to establish five centers in each three cities in the next six months.
LinkedIn cuts more than 600 workers, about 3 percent of workforce
The Microsoft-owned career network is cutting about 668 roles across its engineering, product, talent and finance teams.
Jio Financial’s Q2 net profit doubles from previous three-month period
The consolidated net profit in three months ended September 30 rose to Rs 668.18 crore as compared to Rs 331.92 crore in the preceding quarter, the firm said in a stock exchange filing.
Markets fall for 3rd day on weak global equities, spike in Brent crude oil prices
The 30-share BSE Sensex declined 115.81 points or 0.17% to settle at 66,166.93. During the day, it fell 243.36 points or 0.36% to 66,039.38. The Nifty slipped 19.30 points or 0.10 % to 19,731.75.
What Google’s antitrust trial means for your search habits
Microsoft CEO Satya Nadella asserted Google has an almost hypnotic hold on users while testifying earlier this month during the trial.
Burmans’ takeover bid faces resistance from REL management
Religare management has approached SEBI as there is dissatisfaction over the valuation
D-Mart Q2 net profit falls 9 per cent to Rs 623.35 crore, sales up 18.7 per cent
During the June quarter, D-Mart opened nine new stores taking the total count to 336.
