The Income Tax Department on Thursday conducted surveys at the offices and manufacturing units of Exide Industries. The company said it is cooperating with authorities and that the exercise has not affected its operations. Exide also postponed its scheduled board…
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A tax tribunal’s unusual decision has surprised many. It supported the tax department’s move to charge 22% tax on capital gains. This is based on the company’s other income tax rate. Experts believe this ruling may be challenged. The development…
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This year alone, 84 IPOs have raised more than Rs 80,000 crore from the capital markets, and it is likely to cross the century mark by the end of 2025. This will be the second consecutive year of such activity;…
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Adani Power Limited has announced robust financial results for the second quarter of fiscal year 2026. The company saw increased revenue and stable EBITDA. Power sales volumes grew significantly. Adani Power secured substantial new long-term power purchase agreements. The company…
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Big Tech is firing thousands even as it pours billions into artificial intelligence. The Great Tech Paradox of the 21st Century explores how companies like Meta, Google, and Accenture are reshaping the workforce—cutting roles while hiring new ones to power…
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ITC Ltd reported a consolidated net profit of Rs 5,186.55 crore for the September quarter, a slight increase from the previous year. Revenue from operations saw a marginal decline to Rs 21,255.86 crore. The company also approved the voluntary de-listing…
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