Banks are reducing lending rates faster than they are reducing deposit rates. This gap makes it difficult for them to lower loan rates aggressively without hurting their margins.
Read More
The Mumbai ITAT ruled that purchasing property from relatives is not a sham transaction solely for tax benefits. The tribunal allowed a Rs 41.5 crore exemption under Section 54F, stating that genuine intra-family deals, backed by documentation, cannot be disregarded…
Read More
JLR India has announced significant price reductions of up to Rs 75 lakh on its UK-imported Range Rover SV and Range Rover Sport SV models. These price cuts, effective immediately, anticipate the India-UK Free Trade Agreement (FTA). The company aims…
Read More
Ship traffic has shifted away from the Strait of Hormuz, with hundreds of vessels clustering near Dubai as tensions rise between the US and Iran. Despite a ceasefire, both sides have exchanged fire, and Iran has expanded its control zone,…
Read More
M&M Q4 Results: M&M board also recommended a final dividend of Rs 33 per ordinary equity share of face value Rs 5 each, for FY26. The record date for the final dividend shall be Friday, July 03, 2026.
Read More
Biocon founder Kiran Mazumdar-Shaw has named her niece, Claire Mazumdar, as her successor. Claire Mazumdar, a successful CEO of Bicara Therapeutics, brings scientific expertise and deal-making skills. She is poised to lead Biocon into its next growth phase. The company…
Read More