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
The new financial year has begun, and with it, the tax filing season has also arrived. Now, taxpayers can file their Income Tax Return (ITR) for Assessment Year 2025-26 (FY 2024-25), like every year, this time also, this process is available in both online and offline modes. What has changed in the ITR-2 filing process?
U.S. stock indexes tumbled on Thursday, with heavyweight technology stocks suffering big losses, as President Donald Trump’s sweeping tariffs on major trade partners ignited fears of an all-out trade war and heightened the risk of a global economic recession. Apple sank 8%, reeling from the impact of an aggregate 54% tariff on China, which is
Central government employees and pensioners were handed out a 2% hike in dearness allowance/dearness relief for January-June 2025 cycle – the lowest increase in about 7 years. This latest 2% hike took the DA/DR to 55%. Now these employees and retirees will be expecting at least 3% to 4% hike in the next DA revision
The domestic key equity indices closed on a negative note as Trump’s tariff tornado takes the globe by storm. The NSE Nifty 50 declined 82 points or 0.35% to settle at 23,250, while the BSE Sensex closed the day 322 points or 0.42% to finish at 76,295. The Nifty IT was the worst hit among
How will Trump tariff impact India? The markets are fairly resilient and Bernstein believes that “India will be able to safely navigate through the tariff challenges. While on the one hand they are predicting a recovery of the macros in India, they do not rule out recession in US. The international brokerage is Underweight on
