HCL Tech on Thursday announced that it extended its ongoing partnership with the New South Wales Government’s transport and roads agency, Transport for NSW, to enable world-class transport services and experience for customers. Under a new five-year agreement, HCL Tech will deliver end-to-end managed services for business-critical and operational applications, platforms, and cloud operations with
Samvat 2080 has emerged as a blockbuster year for the Indian primary market, with 82 companies raising an impressive Rs 1.08 trillion so far. This figure is poised to increase, as several initial public offerings (IPOs) remain open for subscription before the year concludes. Major IPO in Samvat 2080 Leading the charge was South Korean
Go to Live UpdatesHindustan Unilever Share Price Today Live Updates, 24 Oct, 2024: Hindustan Unilever shares are in the news. The stock fell 6.5% to Rs 2,486.30 after it reported weak Q2 earnings numbers. The counter closed trade on 23 Oct, 2024 at Rs 2658. The shares touched an intra-day high of Rs 2692 in
Royal Enfield, known as the king of retro motorcycles, has been developing a Classic 350 Bobber. Previous reports have shared a series of spy shots along with trademark filings related to the new model. It is rumoured that the iconic motorcycle manufacturer may soon launch this bike as a competitor to the Jawa 42 Bobber
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
Hindustan Unilever Ltd (HUL) has approved an undisclosed investment to acquire a 14.3% stake in Lucro Plastecycle Pvt Ltd, a firm specializing in recycling flexible plastics. The decision has been considered as a strategic move towards reinforcing HUL’s commitment to a circular economy by increasing plastic recycling capabilities and increasing the availability of recycled content
Tech stocks are under pressure after Accenture narrowed down the guidance and reported lower order booking for the next quarter. Shares of major Indian IT players like Tata Consultancy Services (TCS), Infosys, and HCL Tech are all down 2% each after Accenture’s 7% cut overnight. This is after Accenture highlighted that clients, especially in the
The Nifty scaled past 23,000 and FIIs were the net buyers in the cash market for the second time in March. Can this positive news along with encouraging global cues bolster the domestic equity market sentiment? The US Fed’s indication of two rate cuts in 2025 is also a key positive trigger. Market participants expect
Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Indian benchmark indices, Sensex and Nifty, opened in the red but bounced back to green in early trading hours. The Nifty is trading above 23,200. Asian stock markets opened on a mixed note today. Japan’s Nikkei 225 and Topix saw modest gains, while Australia’s
The growing turbulence in the Indian equity market, marked by steep corrections in benchmark indices, has contributed to a nervous investment environment. Headwinds such as persistent geopolitical uncertainties, tariff tantrums of U.S. President Donald Trump instigating trade wars, rising crude oil prices, a weakening rupee against the greenback, the risk to inflation trajectory, the chances
