Excel utility for ITR-1, ITR-4 now available

The Income Tax department on Friday said it has made available the excel utility for ITR-1 and ITR-4 for AY 2025-26, which will enable taxpayers to file their income tax returns. Illustration: Dominic Xavier/Rediff “The Excel Utility for ITR-1 and

HCG eyes 20% margin in FY26 amid outpatient shift, strong urban growth

HealthCare Global Enterprises (HCG) is guiding for operating margins of at least 20% in FY26, as it bets big on its outpatient-focused oncology model and stronger revenue from key urban centres. This comes even as its March quarter (Q4FY25) margins

Small-cap stock below 100: Pharma stock in focus after Q4 results 2025, final dividend for FY25

Small-cap stock below 100: Sigachi Industries Ltd announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Saturday, May 31, reporting a net profit of ₹697.78 lakh compared to ₹1,172.93 lakh in the corresponding period last year. The Hyderabad-based BSE

Adani commits $15-20 bn annual capex for 5 years

Adani Group chairman Gautam Adani has reaffirmed Adani Enterprises’ ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years. Photograph: Priyanshu Singh/Reuters “Our capital investment across businesses is set to break all records.

Forex reserves jump $6.99 bn to $692.72 bn

India’s forex reserves jumped by $6.99 billion to $692.72 billion during the week ended May 23, the RBI said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week ended May 16, the overall reserves had dropped by $4.89 billion

Manufacturing sector pulls down GDP growth to 7.4%

India’s economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than

Sensex ends down 182 points on selling in IT shares

Stock markets closed lower in a range-bound trade on Friday following losses in IT shares and sluggish trends in Asian markets due to trade uncertainty after a US appeals court temporarily reinstated reciprocal tariffs. Photograph: Francis Mascarenhas/Reuters The 30-share BSE

Cipla’s Bommasandra plant in Bengaluru gets single USFDA observation after cGMP inspection

Drug major Cipla Ltd on Friday (May 30) said the United States Food and Drug Administration (FDA) has concluded a current Good Manufacturing Practices (cGMP) inspection at its manufacturing facility in Bommasandra, Bengaluru. “…we hereby notify that United States Food

Reliance Power share price: Anil Ambani-owned ADAG stock hits 52-week high after order from THIS Navratna PSU

Reliance Power share price: Anil Ambani-owned ADAG stock has hit a 52-week high on Friday, May 30, after bagging an order from Navratna SJVN. Reliance Power on Wednesday said its arm Reliance NU Energies has received a letter of award

IndiGo to start direct flights to London, 9 other intl destinations

IndiGo will start direct flights to a total of 10 international destinations, including London and Athens, in the current financial year, its CEO Pieter Elbers said on Friday. Photograph: Priyanshu Singh/Reuters Other destinations include Amsterdam (the Netherlands), Manchester (the UK),