Appliance maker, Amber Enterprises India Limited, on Saturday (July 12), said its board of directors has approved an enabling resolution to raise funds up to ₹2,500 crore through the issuance of permissible securities. The decision was taken at the company’s
Stock market news: The Indian stock markets wrapped up the day in negative territory on Friday, largely due to a sluggish start to the first quarter earnings season and rising tariff threats from the US, which may impose a 35%
The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo’s parent company Oravel Stays Private Limited for the assessment year 2020-21. Photograph: Anushree Fadnavis/Reuters
India’s net direct tax collections contracted 1.3 per cent to about Rs 5.63 trillion as of July 10, with corporate taxes dropping 3.7 per cent and non-corporate taxes recording a fractional 0.04 per cent contraction, Income Tax department data released
‘This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.’ IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Tumisu/Pixabay.com As the Central Bank of India
India’s forex reserves dropped by $3.05 billion to $699.74 billion in the week ended July 4, the RBI said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week, the overall reserves had jumped by $4.85 billion to $702.78 billion.
State-owned heavy equipment manufacturer, BEML Ltd, on Friday (July 11) said its board is scheduled to meet on Monday, July 21, 2025, to consider a stock split, a sub-division of its equity shares. A stock split is generally considered by
DMart Q1 Results: Investor Radhakishan Damani-backed Avenue Supermarts, which operates the retail chain DMart, announced its April-June quarter results for fiscal 2025-26 (Q1FY26) on Friday, July 11. The company reported a marginal decline of 0.1 per cent in consolidated net
Key benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks. Photograoh: Danish Siddiqui/Reuters Tariff-related uncertainties amid mixed global market
The cumulative amount that companies filing their DRHPs this year are looking to raise is Rs 1.6 trillion, compared to Rs 1 trillion during H12024.. The filing of draft red herring prospectuses (DRHPs) picked up pace during the first half
