Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank’s shares. Photograph: Anushree Fadnavis/Reuters In addition to
India’s industrial production growth slowed to 2.7 per cent in April 2025 due to poor performance of manufacturing, mining and power sectors, according to official data released on Wednesday. Photograph: Amit Dave/Reuters The factory output, measured in terms of the
Stock markets declined for the second straight day with benchmark Sensex falling by 239 points, dragged by FMCG major ITC after British multinational BAT Plc trimmed its ownership in the conglomerate. Photograph: Francis Mascarenhas/Reuters The 30-share BSE barometer declined 239.31
US Stock Market Live: Futures on Wall Street are trading with caution on Wednesday ahead of two important triggers that the street has to face later in the day, one being the minutes of the earlier FOMC meeting on May
Anti-corruption ombudsman Lokpal on Wednesday disposed of complaints alleging impropriety and conflict of interest against former SEBI chief Madhabi Puri Buch based on a Hindenburg Research report, terming the charges as “presumptions and assumptions” not supported by any verifiable material.
K Krithivasan, the chief executive and managing director of India’s largest IT services company TCS, took home a remuneration of Rs 26.52 crore in FY25. IMAGE: Krithi Krithivasan, MD and CEO, TCS. Illustration: Dominic Xavier/Rediff The CEO’s remuneration package increased
Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund
State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. Illustration: Dominic Xavier/Rediff The country’s biggest
The income tax department on Tuesday extended the due date for filing ITRs for Assessment Year (AY) 2025-26 to September 15 from July 31. Photograph: Kind courtesy Nataliya Vaitkevich/Pexels.com The extension applies to individuals, HUFs and entities who do not
Q4 Results Live Updates: Companies like Life Insurance Corporation of India, Bharat Dynamics, Kalyani Forge, AJAX Engineering, Gujarat Fluorochemicals, Gala Precision Engineering, Hindustan Copper, NMDC, Bartronics India, Bosch, Zinka Logistics Solutions, EID Parry India, Carraro India, DCX Systems, Dee Development
