Indian stock markets surged on Friday, led by a strong performance in IT firms. TCS reported increased net profit and anticipated demand improvement, boosting investor confidence. Global markets also showed positive trends, contributing to the domestic equity rise. Major indices…
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India’s top 100 cities together account for nearly one-third of the country’s consumption while housing less than one-fifth of its population. Together they represent an annual consumption economy of nearly $844 billion, underlining that the country’s economic story is no…
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KRBL plans a ₹1,000 crore real estate venture, leveraging significant business surpluses. The company aims to return its export revenue mix to fifty-fifty. New product categories like edible oils and masalas are also being developed. KRBL is also focusing on…
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Mumbai ITAT ruled demerger share issuance by holding company invalidates loss carry-forward. A subsidiary receiving business must issue shares for tax neutrality. This decision affects corporate restructuring and group reorganizations. Companies must now re-evaluate demerger structures and their tax implications.…
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India has the resilience to deal with the economic impact of rising crude oil prices and ongoing geopolitical tensions in the Middle East, and there is no need for panic despite the prevailing global uncertainty, Vijay Kalantri, World Trade Center…
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Wholesale price inflation also remained elevated despite easing slightly from the previous month. Core inflation, excluding volatile food and fuel, was expected to be around 3.95 percent. This rise could impact the central bank’s future monetary policy decisions.
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