Aditya Birla Housing Finance has secured Rs 2,750 crore. Indriya Ltd, an arm of PE investor Advent International, has acquired a 14.29% stake. This transaction means Aditya Birla Housing Finance is no longer a wholly-owned subsidiary. Aditya Birla Capital now…
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A taxpayer can claim capital gains exemption for a new house even without filing an original tax return. The Mumbai ITAT ruled that such claims are valid if made during reassessment proceedings. This decision supports taxpayers by preventing procedural errors…
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India’s smartphone sales experienced a dip in early 2026. Shipments declined, reflecting a six-year low. Rising costs and reduced demand impacted sales significantly. Experts anticipate continued challenges in the market. Vivo maintained its leading position. Samsung and Oppo followed. Apple…
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India’s trade deficit saw a reduction in March as the West Asia conflict disrupted trade flows. Exports and imports both declined, narrowing the monthly deficit. Despite challenges, India achieved record exports of $860 billion in FY26, showcasing resilience. Several free…
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Indian banks have stopped importing gold and silver. Large quantities of these precious metals are held up at customs. A formal government order authorizing bullion imports is awaited. This situation could lead to supply shortages in India. The delay might…
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The Indian rupee strengthened to a one-week high on Friday. This rise followed reports that the central bank implemented measures to control dollar purchases by state-run oil refiners. These actions aim to support the rupee amid concerns over energy prices…
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