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Auto components sector to post revenue growth of 7-9% in FY26 riding on 2Ws and PVs, says Crisil

India’s automotive component sector is expected to post a revenue growth of 7-9 per cent this fiscal, mirroring the previous fiscal, stated a report by Crisil Ratings. The growth, it added, will be driven by sustained demand momentum from two segments – two-wheelers (2Ws) and passenger vehicles (PVs), especially utility vehicles, which account for nearly

Borana Weaves IPO Day2: GMP zooms 24%, 20x demand so far – All you need to know

Borana Weaves IPO has entered the second day of its public offering. The issue opened for subscription on May 20 and will close its three-day bidding window on May 22. As of Day 2, the grey market premium (GMP) for this mainboard issue has also seen a notable surge. Let’s take a look at everything

All ITR forms notified for AY 2025-26 but you still can’t file your income tax return – Find out why

If you are preparing to file Income Tax Return (ITR), then this news is important for you. So far, the Income Tax Department has not made ready ITR e-filing utilities on its portal for Assessment Year 2025-26 (FY 2024-25). What is the latest status on ITR utilities? As of May 20, 2025, there is no

Zydus Life Q4 Results: Profit drops marginally to Rs 1,170.90 crore; final dividend of Rs 11 announced 

Zydus Lifesciences Ltd on Tuesday released its fiscal fourth quarter earnings with profit at Rs 1170.90 crore, missing estimates. This was marginally  lower than Rs 1182.30 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 6527.90 crore, up 17.96 per cent as against Rs 5533.80 crore reported during the

IRCTC or RVNL: Which PSU railway stock could reward you more in FY25?

As the railway tracks of Indian stock markets heat up, two PSU companies– IRCTC and RVNL are gearing up to announce their final dividends and Q4 results this week. Both companies serve the Indian Railways but have entirely different business models, growth paths, and dividend strategies. Let’s put them on parallel tracks and take a

8th Pay Commission: Why 2.57 fitment factor demand may be rejected again? Here’s what happened in 6th and 7th Pay Commissions

The Modi government in January this year announced setting up the 8th Pay Commission, which will, among several other steps, decide on salary and pension revision for over 1 crore central government employees and pensioners. Since the pay panel announcement, speculations are rife that the new pay panel may settle for a fitment factor in

SC dismisses Vodafone Idea, Bharti Airtel petition on AGR relief; calls it  ‘shocking’, deems it ‘misconceived’

The Supreme Court of India on Monday dismissed the writ petition by telecom major Vodafone Idea and Bharti Airtel seeking exemption of interest on Adjusted Gross Revenue (AGR) dues, a report by CNBC TV18 confirmed. A bench led by Justice JB Pardiwala called the petition ‘shocking’ and deemed it ‘misconceived’. The telecom giants had filed

Investing in Belrise industries IPO? 5 key things you must know including IPO GMP, risk and price band 

Belrise Industries, an auto component maker, is gearing up to open its Initial Public Offering (IPO) on Wednesday, May 21. Known for supplying safety-critical parts to leading automotive brands, Belrise is eyeing a sizeable capital raise through this public issue. If you are considering investing, here is a breakdown of five key things you need

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Big relief for taxpayers! Income Tax Dept extends timeline for ITR processing, refunds in THESE cases

In a significant relief for taxpayers who had filed income tax returns (ITRs) late but with proper condonation from the Income Tax Department, the Central Board of Direct Taxes (CBDT) has allowed processing of such returns and issuance of refunds by March 31, 2026. The tax department’s move is aimed at addressing cases where valid

Retail boost: Amazon India bets on tier-2 cities with new fulfillment centres 

Amazon India is gearing up for a higher penetration in the interior of India as it opens new fulfillment centres in the tier-2 cities. On Thursday, the company said that it has launched 5 new fulfillment centres in India, with 4 located in tier-2 cities, Indore, Bhubaneshwar, Kochi, and Rajpura (Punjab). While the global e-commerce

Motilal Oswal recommends ‘Buy’ on Coforge: 3 reasons powering the bullish call

Motilal Oswal has a ‘Buy’ rating on Coforge, with a target price of Rs 2,200, implying an upside of 18%. The brokerage expects that the company has a strong executable order book and resilient client spending across verticals that bodes well for its organic business. Motilal Oswal on Coforge: Management confident of organic growth Coforge’s

Can you legally claim both HRA and home loan interest deduction in ITR? Here’s what income tax rules say

ITR Filing AY 2025-26: One common question most taxpayers grapple with every year when they file their income tax return (ITR) is if they can claim both House Rent Allowance (HRA) and home loan interest deduction benefits. So, the answer is ‘yes’, it is legally possible since many taxpayers live on rent and also pay

Adani Total Gas partners Jio-BP: Can it boost retail fuel sales?

In a major development in India’s private retail energy sector, Adani Total and Jio BP have partnered to integrate each other’s energy products at their retail outlets. According to an Adani Total Gas statement, while Adani Total Gas outlets will offer Jio BP’s petrol and diesel at their outlets, Jio BP will integrate Adani Total