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100,000 tax notices to be disposed of by March: FM Nirmala Sitharaman
Business

100,000 tax notices to be disposed of by March: FM Nirmala Sitharaman

Posted on: July 24, 2023

[ad_1] About 100,000 reassessment notices issued by the income-tax (I-T) department in the past years — where the income escaped from tax was above Rs 50 lakh […]

Net profit rises 42.2% to Rs 434.3 crore
Business

Net profit rises 42.2% to Rs 434.3 crore

Posted on: July 24, 2023

[ad_1] TVS Motor on Monday reported a 42.2 per cent rise in its net profit in the quarter that ended on June 30 to Rs 434.3 crore […]

Sebi to consider permitting delisting via fixed price: Madhabi Puri
Business

Sebi to consider permitting delisting via fixed price: Madhabi Puri

Posted on: July 24, 2023

[ad_1] India’s markets regulator will consider permitting the delisting of companies via fixed price instead of the reverse book-building procedure, Chairperson Madhabi Puri Buch said on Monday. […]

Elon Musk-owned Twitter changes blue bird logo to ‘X’ as part of rebranding
Business

Elon Musk-owned Twitter changes blue bird logo to ‘X’ as part of rebranding

Posted on: July 24, 2023

[ad_1] Elon Musk-owned Twitter on Monday launched its new logo, X, which replaced the blue bird as part of a wider rebranding. The social media network’s […]

Tata Steel Q1 consolidated net profit falls over 93% to Rs 524.85 cr
Business

Tata Steel Q1 consolidated net profit falls over 93% to Rs 524.85 cr

Posted on: July 24, 2023

[ad_1] Tata Steel on Monday posted over 93 per cent decline in consolidated net profit to Rs 524.85 crore for the April-June quarter of 2023-24 on account […]

Centre approves 8.15% interest for 60 million EPFO subscribers in FY23
Business

Centre approves 8.15% interest for 60 million EPFO subscribers in FY23

Posted on: July 24, 2023

[ad_1] The labour ministry has, in a circular issued on Monday, approved an interest rate of 8.15 per cent to be credited into the accounts of nearly 60 […]

Net profit jumps by 62% YoY, GNPA ratio down to 5%
Business

Net profit jumps by 62% YoY, GNPA ratio down to 5%

Posted on: July 24, 2023

[ad_1] Illustration: Ajay Mohanty IDBI Bank saw its net profit for the first quarter of the current financial year (Q1FY24) jump 62 per cent year-on-year (YoY) to […]

ITC approves demerger of hotel business to form new entity ‘ITC Hotels’
Business

ITC approves demerger of hotel business to form new entity ‘ITC Hotels’

Posted on: July 24, 2023

[ad_1] FMCG giant ITC on Monday announced that it had received in-principle approval from the board of directors to demerge its hotel business. Under the new arrangement, […]

Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23
Business

Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23

Posted on: July 24, 2023

[ad_1] The order came after the finance ministry’s concurrence to the EPF rate of interest approved by EPFO trustees earlier in March this year The government has […]

Byju’s reaches agreement to rework terms of $1.2 billion loan: Report
Business

Byju’s reaches agreement to rework terms of $1.2 billion loan: Report

Posted on: July 24, 2023

[ad_1] Byju’s has reached an agreement with lenders to rework its $1.2 billion Term B loan, The Economic Times (ET) reported on Monday. This comes as the […]

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