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Supriya Lifescience CFO plans Rs 350 cr capex, targets Rs 2,000 cr revenue by FY29, says learning from Gen Z key to future finance

Can Supriya Lifescience hit Rs 1,000 crore revenue by FY27 and Rs 2,000 crore by FY29 on the back of a Rs 350 crore Capex plan? CFO Krishna Raghunathan tells ETCFO how R&D, automation, and even learning from Gen Z…

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India, US to step up efforts for BTA’s early conclusion

India and the US held positive trade discussions in New Delhi. Both sides aim for an early, mutually beneficial trade agreement. The US team was led by Brendan Lynch. This meeting was the first after the US imposed tariffs on…

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Talks on to let banks lend more than Rs 10,000 crore to a corporate

The govt is in discussion with the RBI to relax regulations, potentially increasing the limit on bank exposure to large corporations beyond ₹10,000 crore. This move aims to boost infrastructure financing by reducing the cost of loans for significant projects.…

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Groww files updated draft papers with Sebi; eyes Rs 7,000-cr via IPO

Groww’s parent company, Billionbrains Garage Ventures, has filed updated draft papers with SEBI for an IPO aiming to raise approximately Rs 7,000 crore. The IPO includes a fresh issue of shares and an offer for sale by promoters and investors,…

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SAIL draws plans for green push alongside diversification plans

SAIL is set to integrate green technologies and customer-centric solutions in its upcoming projects, aiming for sustainable steel production. The company plans to expand its crude steel capacity to around 35 million tonnes by 2031, aligning with the National Steel…

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India Inc turns to non-bank routes for nearly half of FY25 funding

Corporate India is increasingly diversifying its funding sources, with nearly half of the resources raised in FY25 coming from non-banking channels like equity markets and NBFC loans. While the total financial resources to the corporate sector saw a modest increase,…

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  • How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore

    Despite earning a modest salary during training, Chan has built an investment portfolio worth around $1.2 million across brokerage, savings and retirement accounts..

  • Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands

    While transferring funds to a spouse may seem advantageous for tax savings, income could be subject to clubbing under Section 64, making it your taxable income. Details here.

  • Bought a flat but possession was delayed? Here's what Supreme Court ruled on Delhi homebuyer's case

    In a recent case, the Supreme Court ruled that homebuyers can claim compensation for delayed possession of their apartments, even after taking possession. Details here.

  • ITR filing 2026: Who pays a taxpayer's tax dues after death? Do they have to pay from their own pocket?

    After a taxpayer's death, their legal heirs or legal representative is responsible for filing ITR on their behalf. Legal heirs are not liable for a deceased taxpayer's tax dues beyond inherited asset value.

  • Missed declaring FD income last year? Here's how you can rectify it and what happens if you ignore it

    Fixed deposits offer safe, assured returns but are taxable under income tax laws. Taxpayers who missed declaring FD interest can file an updated return (ITR-U) within four years, allowing for corrections with varying additional tax penalties based on the filing time. Details here.

  • Power of compounding: Become crorepati with ₹12,500/month PPF contribution—Here's how you can build ₹6.75 crore corpus

    Investment planning should align with current finances, risk tolerance, and future goals. The Public Provident Fund (PPF) offers a safe, low-risk option for long-term savings, providing tax benefits and guaranteed returns, making it an ideal choice for wealth building.

  • AMFI seeks review of decade-old $7 billion overseas MF investment cap

    AMFI plans to again approach RBI, Sebi and the government to raise the decade-old overseas investment cap for mutual funds. The industry says a higher limit will give investors greater access to global markets.

  • Buy Nvidia at 2 am on a Sunday? How Indians can own tokenised US stocks and how they differ from traditional trading

    Nvidia's stock surged over 1,000% since the ChatGPT release, becoming the world's most valuable company. Investors are now eyeing other AI chipmakers like Micron and Sandisk, while tokenized stocks offer a new way to invest in these companies.

  • Bitcoin crash far from over? Experts see another 30% downside to $42,000 | Buy, sell or hold?

    Bitcoin futures dropped to $58,995 on Thursday, over 50% below last year's peak, with predictions indicating a further decline to around $42,000-$44,000 by year-end. Profit booking across assets and rising AI investments contribute to selling pressure amid a strong U.S. Dollar Index.

  • Income-tax returns: How much rebate can you claim under Section 87A? Eligibility and rules explained

    Income-tax returns: Filing your ITR for AY27 / FY26, here's how much rebate you can claim under Section 87A of the I-T Act. We explain the eligibility criteria, tax regime details and rules for taxpayers.

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