India’s health insurance sector is evolving, and with the increasing penetration of the government health insurance schemes and competition from the new entrants, the traditional standalone health insurers are having a tough time in terms of growth and profitability. According to an Elara Capital report, due to the limited total addressable market in India, the
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
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
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
The Hinduja family, led by Gopichand Hinduja, Chairman of the 110-year-old multinational Hinduja Group, has once again secured the top spot on The Sunday Times Rich List, with a reported net worth of £35.3 billion. This marks the fourth consecutive year the UK-based family has led the definitive annual ranking of the wealthiest individuals and
Urban Company is rethinking its approach to international growth by moving away from its earlier strategy of building operations independently in foreign markets. The home services provider, which is preparing for a Rs 1,900-crore initial public offering (IPO), is now focusing on partnerships and platform integrations to sustain its presence outside India. The company had
The alcoholic beverage companies are set to see an 8 to 10 percent growth in their revenue in the financial year 2026, says a report by Crisil Ratings. While the companies’ revenue is expected to show good growth, profits remain a concern. In the past three years, the alcobev industry revenue has grown at a
Turkey is one of the key expansion destinations for Jubilant FoodWorks (JFL). One of India’s leading fast-food giants, Jubilant listed out its growth plans for FY26 after the announcement of the Q4FY25 results, and Turkey features prominently in it. Notwithstanding the current ‘boycott Turkey‘ calls on social media, Jubilant assures shareholders that “operations in the
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
The Indian stock market is currently going through a phase of volatility, with the Nifty 50 and BSE Sensex hovering below their record highs. After a good 2023 and 2024, midcaps and smallcaps corrected sharply. This was due to profit-booking, liquidity issues, and high PE multiples, leading investors back to largecaps. Yet, structural growth for
ITR Filing AY2025-26: With almost a two-month delay, the Income Tax Department has made available two Excel-based offline utilities for ITR-1 and ITR-4, which are applicable basically to individual taxpayers with less than Rs 50 lakh annual income. Ideally, taxpayers need an ITR form applicable to them based on their income status and a corresponding
Patanjali Ayurved, the company founded by yoga guru Ramdev, has come under fresh scrutiny from the Ministry of Corporate Affairs (MCA), which has issued a notice seeking an explanation over a series of financial transactions flagged as suspicious by federal economic intelligence agencies. A report by Bloomberg reveals that the government is probing possible fund
