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Ramee Group expands leadership team with the appointment of Jacob Mojes Balla as general manager sales

With more than 16 years of experience in the hospitality sector, Balla offers a wealth of knowledge in sales, including how to drive revenue growth, create strong sales strategies, manage important accounts, enhance Ramee Group’s sales capabilities, and support expansion…

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IPO Boom: 10 issues cross 100x subscription in August, highest monthly tally since 2006

August witnessed an impressive spike in IPO activity, as ten offerings saw oversubscriptions of more than a hundred times. Leading the charge was Hy-Tech Engineers, garnering bids amounting to over two hundred forty-four times its share allocation. This enthusiastic investor…

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Tata Sons readies fresh ₹10,000 crore bet on Air India as losses mount, but T&C apply

Tata Sons’ board approved over Rs 10,000 crore for Air India’s capital infusion. This significant funding is contingent upon business cases from Air India and other group companies. The airline reported substantial losses, necessitating this financial support for its transformation.…

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Knight Frank appoints Chris Davis as Group CFO

Davis brings over 24 years of international leadership experience and will lead the firm’s global finance function.

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Uber’s global restructuring hits India; around 200 employees to be laid off

The cuts have affected some engineers in Uber’s People organisation who work on the company’s internal recruitment platform, which handles parts of the hiring process, including interview scheduling. Employees said the entire team had not been eliminated, with individuals selected…

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Govt mulls BIS exemption for high-tech companies setting up plants in India

The government has announced new exemptions for high-tech companies, allowing them to bypass BIS certification to streamline the setup of manufacturing units in India. Concerns were raised by Japanese semiconductor companies over certification hurdles for components. This strategy is designed…

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  • Your gold or silver ETF holds physical bullion: Here's what SEBI's new vault rules mean for investors

    SEBI has approved changes to its vault manager rules, bringing physical bullion underlying gold and silver ETFs under a common framework. The move strengthens requirements around how this bullion is stored, secured, segregated and accounted for.

  • Bank strike from September 28-30: ATMs and 9 other services customers can avail without a branch visit; check list

    A nationwide bank strike from September 28 to September 30 could disrupt cheque clearing and cash transactions as unions demand a five-day workweek. However, many banking services are expected to remain operational, allowing customers to manage funds and pay bills without visiting branches.

  • CA submitted your tax audit report? The process doesn't end there—here's what you still need to do by 30 September

    Has your CA submitted your tax audit report? The process does not end there. Taxpayers need to check the report on the income-tax e-filing portal and complete certain steps after submission. Here's what you need to know about accepting and verifying the report.

  • Expecting nil tax liability this year? Know which form to submit to avoid TDS on bank interest, rent and dividend income

    Taxpayers with nil estimated tax liability can avoid TDS on certain incomes by submitting a declaration to the payer. Here’s who can submit Form 121, which incomes are covered, what details are required and what the payer must do after receiving it.

  • CM Vijay to launch Tamil Nadu gold ring scheme on 28 Sept: What is it, who is eligible and how does it work? | Explained

    Tamil Nadu Chief Minister S. Joseph Vijay will launch the 'Thaai Maaman Thanga Mothiram Thittam' scheme for newborns in Madurai on September 28, providing 1-gram gold rings to eligible babies delivered in government hospitals, promoting institutional deliveries and maternal health.

  • Sold house, land, shares or mutual funds? Know 9 reinvestment options to claim capital gains tax exemption

    Selling a house, land, shares, mutual funds or other capital assets can trigger capital gains tax. The Income-tax Act provides nine exemptions under Sections 54 to 54GB if the gains or sale proceeds are reinvested in specified assets within prescribed timelines.

  • Invested in a top-performing mutual fund? Why strong returns may not translate into similar gains for you

    A mutual fund’s reported returns may not always match what investors actually earn. The timing of investments and withdrawals can create a significant gap, even when the fund delivers strong long-term performance.

  • Irdai’s distribution overhaul: Will it make insurance cheaper, curb mis-selling?

    Irdai has proposed commission caps, tighter expense limits and stronger safeguards against mis-selling. But whether the reforms make insurance cheaper and easier to buy and claim will depend on implementation.

  • UPI MDR row reaches SC: Plea against merchant charges on payments above ₹2,000 to be heard on Monday

    The Supreme Court will review a petition against the Centre's MDR on UPI transactions over ₹2,000, which will come into effect on October 15. Full details here.

  • ₹10 lakh in 3-year Post Office TD vs 5-year TD: Which earns more interest? Check out the calculations

    A ₹10 lakh Post Office Time Deposit earns 7.1% for three years and 7.5% for five years in July-September 2026. Here is how the interest compares and what investors should consider before choosing a tenure.

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