Residential price growth may moderate to 3% to 4% in FY26 due to moderating demand and several planned launches, which could increase the inventory, said India Ratings in a report released on Monday. in the first nine months (9M) of FY25, the average price across the top eight cities increased at 8% yoy as compared
Infosys layoffs: In a fresh round of terminations, Infosys has let go of 195 more trainees at its Mysuru campus, according to a report by Moneycontrol. This marks the fourth round of layoffs at the Bengaluru-based IT giant, reportedly due to trainees failing internal assessments, as per the emails accessed by the outlet. This brings
UltraTech Cement has delivered a strong financial performance in the March quarter, but its stock could not hold ground. On Tuesday, share price of UltraTech Cement fell nearly 2, even as the company reported a 10% year-on-year jump in net profit to Rs 2,482 crore and a 13% rise in revenue to Rs 23,063 crore.
EPFO update: The Employees’ Provident Fund Organisation (EPFO) has updated Form 13 to make it easier for its members to transfer their Provident Fund (PF) accounts when switching jobs. The updated version of Form 13 will also reflect the taxable and non-taxable components of PF interest separately. EPF has also introduced a feature to help
A number of major companies across sectors have already released their Q4 numbers and with this, the fiscal fourth quarter earnings season is now in full swing. IT services giants like Tata Consultancy Services (TCS), Infosys, Wipro, HCL Tech, Tech Mahindra, banking majors like HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, and others including
Go to Live UpdatesAther Energy IPO Day 1 Subscription Status Live Updates: The EV automobile player Ather Energy has launched its initial public offer, and bidding for it has started today, i.e April 28. The issue price is ranging between Rs 304 -321 per equity share, and the IPO is closing on April 30. The company is
It’s time to file Income Tax Returns (ITR), but this time there is some delay in the notification of the forms and their utilities. What is the reason for this and what should taxpayers do during this delay? To know the answers to these questions, we had a special conversation with Akhil Chandna, Partner and
Mahindra & Mahindra (M&M) on Saturday announced plans to acquire a 58.96% stake in SML Isuzu for Rs 555 crore. The move aims to expand its footprint in the commercial vehicle space. As part of the deal, M&M will purchase 43.96% of SML Isuzu shares from promoter Sumitomo Corporation and an additional 15% stake held
Housing sales in India’s top 15 tier 2 cities dropped by 8% year-on-year in the first quarter of 2025, according to a report by real estate data analytics firm PropEquity. A total of 43,781 units were sold in Q1 2025 compared to 47,378 units in Q1 2024. However, despite the dip in volume, sales value
The board of beleaguered telco Vodafone Idea (Vi) has approved another round of fund raise amounting to Rs 20,000 crore, while the operator’s net loss widened sequentially in the March quarter. In an exchange filing late on Friday night, Vi informed the exchanges that subject to shareholder approval and/or other requisite regulatory/statutory approvals, the firm
RBI’s interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said. Moreover, trading activity of Foreign Institutional Investors (FIIs) and developments on the tariffs front would also guide investors’ sentiment, experts noted. RBI Policy meeting in focus “Looking ahead
A social media post has again brought the spotlight on how alleged corruption continues in the tax regime and haunts people who want to expand their businesses. The post, shared by Vinod Gupta, revealed his frustration over delays in getting his Goods and Services Tax (GST) registration. He alleged in the post that after failing
US President Donald Trump’s decision to double tariffs on steel and aluminium imports is set to impact India’s metal exports worth $4.56 billion, according to a report by the Global Trade Research Initiative (GTRI). The revised tariffs, which will take effect on June 4, 2025, are expected to make Indian metal products significantly more expensive
