Go to Live UpdatesWaaree Energies IPO Live: The allotment of shares will be finalised on October 24. Investors can check the allotment status on the website of registrar of the issue. Waree Energies aimed to raise Rs 4,321.44 crore. It received bids worth Rs 2.42 crore. The retail buyers booked the issue 11.27 times while the
Shares of Piramal Pharma jumps over 4% to intra-day high of Rs 230 on NSE today after the company reported a strong financial performance for the second quarter of FY25. The company’s net profit surged by an impressive 350% year-on-year, reaching Rs 22.59 crore, compared to Rs 5.02 crore in Q2 FY24. Revenue and EBITDA
Go to Live UpdatesPiramal Pharma Share Price Today Live Updates, 24 Oct, 2024: The Piramal Pharma share is in news and the counter closed trade on 23 Oct, 2024 at Rs 216.70. The shares touched intraday high of Rs 221.65 in the last trading session while the intraday low was at Rs 209.45. The company’s
Question: What are the tax implications for gifts and bonuses received during Diwali under the Income Tax Act, 1961? Response given by CA (Dr.) Suresh Surana:During Diwali, individuals often receive gifts from employers, relatives, and friends. It is essential to understand that, under the provisions of the Income Tax Act, 1961 (hereinafter referred to as
Gold and silver prices fell over 1% after hitting a record high on Wednesday, pressured by a stronger U.S. dollar and rising U.S. Treasury yields. This decline came despite robust safe-haven demand driven by concerns surrounding the upcoming U.S. election on November 5 and ongoing conflict in the Middle East. Festive Season Brings Record Highs
Shares of FMCG major Hindustan Unilever (HUL) are expected to remain in focus today after the company reported a 4% drop in its standalone net profit for the quarter ended September 2024. The net profit fell to Rs 2,612 crore, compared to Rs 2,717 crore in the same period last year. Revenue Growth and EBITDA
Hindustan Unilever (HUL) on Wednesday emerged as the third key fast-moving consumer goods (FMCG) company after Tata Consumer and Nestle India to flag demand concerns in urban areas, especially in larger cities. All three firms have attributed the urban slowdown to food inflation and a high base effect in the year-ago period. After multiple quarters
Logistics-tech unicorn Shiprocket said its revenue rose 21% year-on-year to Rs 1,316 crore in FY24, driven by growth in its core business of e-commerce enablement and also expanding scale in its emerging businesses such as cross border, checkout and fulfillment. The company said while its core business has been strengthened by the integration of Pickrr’s
IT major Tata Consultancy Services (TCS) on Thursday announced an interim dividend of Rs 10 and a special dividend of Rs 66 per equity share of Rs 1 each of the company. In a regulatory filing, TCS said, “We would like to inform you that at the Board Meeting held today, the Directors have declared
Crude oil remained stable. Brent Crude futures showed a down move of 6 cents and touched $76.1 per barrel. Similarly, US West Texas Intermediate crude futures were down by 5 cents and reached $73.27. There were strong expectations of increased demand for winter fuel, particularly due to colder weather in the Northern Hemisphere, that usually
Barflex Polyfilms, a player in the flexible packaging industry, is set to open its IPO on January 10. As investors eagerly await this IPO, let’s take a closer look at the key details of the offer and what it means for potential investors. Here’s everything you need to know about the upcoming IPO: Barflex Polyfilms
The NTPC Green Energy shares have fallen almost t 4% to an intraday low of Rs 120.50. This is in sync with the trend seen across the power stocks in the market today. Power stocks are under pressure and stocks that saw a big dent include Reliance Power (5%), Reliance Infra (4.8%), PTC India (3.7%)
Belated ITR Filing 2024-25: The extended deadline for filing belated income tax returns or submitting revised returns for the assessment year 2024-25 is quickly approaching. The final date for submission is just a week away, on January 15, 2025. Initially, the Central Board of Direct Taxes (CBDT) set the original deadline for filing belated or
