1 / 12 Jio Financial Services | The company reported an 18% year-on-year (YoY) increase in Q4 revenue to ₹493.2 crore, aided by strong growth in lending, leasing, and digital financial services. Net profit for the March quarter rose 1.7%
However, experts have cautioned about potential risks related to liquidity, taxation, and regulatory compliance. In a consultation paper released on 17 April, Sebi proposed increasing the single issuer investment limit for equity schemes from 5% to 10% of net asset
Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Illustration: Dominic Xavier/Rediff Investors would also focus on world market trends,
The combined market valuation of the top-ten most valued firms jumped by a whopping Rs 3,84,004.73 crore in the holiday-shortened last week, in-tandem with a smart rally in equities, with HDFC Bank and Bharti Airtel emerging as the biggest gainers.
Starlink’s application for offering satcom services in India had been held up for the company’s inability to comply with mandatory ownership disclosure norms. IMAGE: Prime Minister Narendra Modi and Tesla CEO Elon Musk during their meeting at Blair House in
The revised guidelines are aimed at curbing discretionary practices by field officers, especially the tendency to seek documents not mandated under the law. The Central Board of Indirect Taxes and Customs (CBIC) issued a comprehensive set of instructions on
ICICI Bank Q4 Results Highlights: Private lender ICICI Bank reported a 13.2% year-on-year increase in profit before tax excluding treasury, reaching ₹16,534 crore for the quarter ended March 31, 2025 (Q4 FY25). Source link
Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports, which continued to elevate supply concerns. Brent
Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net
These cases are being reopened under Section 147 of the Income Tax Act, which empowers the department to reassess income if it believes that taxable income has escaped assessment. The income tax (I-T) department has begun reopening hundreds of old
