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Syngene Intl CFO says 25-30% of clients seeking alternatives to China supply chains; co looking to diversify

CFO Sibaji Biswas highlights the urgent need for supply chain diversification, noting that 25-30% of clients seek local alternatives to China, even at higher costs, as reliance becomes counterproductive.

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Birlasoft aims to restore EBITDA margins to 15-16% in next four quarters: CFO

Birlasoft Ltd. anticipates a gradual recovery of its EBITDA margins, targeting the 15-16% range over the next four quarters, CFO Kamini Shah outlines the company’s strategic improvements.

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Reliance to move Dubai crude team back to India in global trade rejig, sources say

India’s Reliance Industries Ltd is moving most of its Dubai crude oil trading team back to Mumbai due to securing long-term oil supplies from Russia and the Middle East, reducing the need for spot cargo purchases. The company will keep…

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NSE IPO hinges on Sebi approval: Ashish Kumar Chauhan

The National Stock Exchange of India Ltd., which has encountered delays in its initial public offering since its initial filing in 2016, requires approval from the Securities and Exchange Board of India to reapply, Chauhan stated in a Bloomberg Television…

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Sanofi CFO says won’t be affected by Novo’s Catalent deal

Sanofi CFO says won’t be affected by Novo’s Catalent deal

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IndusInd Bank shares plunge 17 pc; mcap erodes by Rs 15,572 cr amid disappointing earnings

IndusInd Bank shares fell nearly 17% to a 52-week low after a 40% drop in Q2 net profit to ₹1,331 crore, with deteriorating asset quality and a market valuation loss of ₹15,572 crore.

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  • 8th pay commission to close job vacancies for consultant roles in August — Check eligibility, salary and other details

    8th CPC: The 8th pay commission has invited eligible candidates to fill vacancies for consultant roles. Here are details on job openings, qualifications required, salary and the deadline for applications.

  • EPFO portal now offers two ways to transfer your PF balance after changing jobs — here's the entire process

    The EPFO member portal now allows salaried employees to transfer their EPF balance from previous employers to current ones more easily, aiming to reduce paperwork. Here's how the process works and what all you need to know.

  • DA hike: Amid expectations of dearness allowance increase in July, here's a look at the past announcements

    DA hike: Amid expectations that the Indian government will announce dearness allowance increase in July 2026. we take a look at the trend of past DA hike announcements during the 7th central pay commission.

  • ITR filing 2026: If your income exceeds ₹1 crore, this disclosure is mandatory

    Taxpayers earning over ₹1 crore must file additional disclosures about assets and liabilities under Schedule AL when submitting their income tax returns. Details here.

  • Pension rules: Orissa HC says government employees can't lose pension over leave alone

    The Orissa High Court has ruled that unauthorised absence from work, by itself, is not grave misconduct that justifies compulsory retirement or denial of pension. The court restored a railway employee's retirement benefits after finding the punishment disproportionate.

  • Nasdaq 100 tops 20-year returns at 21%; Nifty Midcap leads Indian markets: Which investment created more wealth?

    The Nasdaq 100 emerged as the biggest long-term wealth creator over the last 20 years, with 21.3% returns. Among Indian equity benchmarks, the Nifty Midcap 150 TRI delivered the highest annualised return over the same period at 16.3%.

  • EPFO centralised database migration: Single portal for claims, digital interface, CITES project — Key features explained

    The Employees' Provident Fund Organisation (EPFO) has this month migrated entire member database to the Centralised IT Enabled Services (CITES) project. The overhaul of its digital infrastructure aims to make services faster, transparent and more citizen centric.

  • Received money, shares or property as a gift? It may be tax-free, but here's when you will have to pay tax

    Gifts from family can be tax-exempt, but not always. Tax treatment varies based on the giver, value, and occasion. Here's when a gift is tax-free when it becomes taxable.

  • Quant Small Cap Fund portfolio: Reliance Industries among 9 stock exits, 5 new additions in June

    Quant Small Cap added five new stocks to its portfolio in June while making complete exits from nine companies, including Reliance Industries. The fund also sharply increased holdings in RBL Bank, Sona BLW Precision Forgings and Anand Rathi Wealth while trimming exposure to several existing stocks.

  • Who is an NRI for income tax purposes? Know the conditions under which ITR filing is required in India

    Living abroad does not automatically exempt NRIs from filing an ITR in India. Tax filing depends on residential status, income earned from Indian sources, and other conditions such as salary, rent, capital gains, business income, TDS refunds, and DTAA claims.

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