Alphabet’s shares surged, propelling it into the $3 trillion market-cap club alongside tech giants like Apple and Microsoft. This milestone was fueled by easing regulatory concerns, strong cloud demand, and growing AI enthusiasm. The company’s diversified business and expanding role…
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Reliance Group companies, led by billionaire Mukesh Ambani, have successfully raised approximately 210 billion rupees through asset-backed securities. This deal, one of India’s largest this year, saw strong demand from leading asset managers like Aditya Birla Sun Life and HDFC…
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Industry and consumers anticipate a consumption boost from GST rate rationalization, yet concerns linger about benefit transfer to consumers, especially with the anti-profiteering mechanism’s expiration. Companies face challenges in calculating the actual impact and dealing with existing stock. While some…
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The European Union is considering sanctions on Indian and Chinese companies facilitating Russia’s oil trade as part of its 19th sanctions package. The US is pushing for tariffs on China and India, aiming to cripple Russia’s energy revenue. Overcoming resistance…
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Adani Enterprises is requesting shareholder approval to increase its borrowing capacity from Adani Infra by Rs 16,500 crore for FY 2025-26, supplementing the already sanctioned Rs 6,000 crore. The conglomerate intends to utilize these funds to support expansion plans, cover…
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The Income-tax department is scrutinizing social media content creators, script writers, and consultants who have filed returns under Section 44AD, questioning their eligibility. The department believes some should have filed under Section 44ADA, meant for specific professionals. However, many don’t…
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