Industry

The central government is continuously working to simplify and streamline the tax system, aiming to reduce disputes. In this direction, Union Finance Minister Nirmala Sitharaman has reportedly given strict instructions to the Central Board of Direct Taxes (CBDT) to identify all departmental tax appeals involving amounts less than the “revised monetary limit announced by the

An increasingly bitter inheritance dispute at the Rs 30,000 crore-valued Sona Comstar Group has brought late industrialist Sunjay Kapur’s family into the spotlight. Kapur’s mother, Rani Kapur, has accused unnamed individuals of attempting to wrest control of the family-run business. In a letter, Rani alleged that she had been locked in a room and forced

Leading private sector banks like HDFC Bank had earlier reported an improved performance in the June 2025 quarter and investors were keenly awaiting the results of Kotak Mahindra Bank. The Kotak Mahindra Bank stock ended Friday’s trade 0.8 % lower at Rs 2,125 and it is not too far from its 52-week high of Rs

Public sector bank Union Bank of India on Friday announced waiving penalty charges for not maintaining the minimum balance amount in general savings accounts. The direction is effective from the quarter ending September 2025. “In alignment with the spirit of financial inclusion and customer-centric banking, Union Bank of India now waives charges for non-maintenance of

Bajaj Finserv on Thursday reported a 30 per cent year-on-year rise in consolidated net profit at Rs 2,789 crore for the first quarter of FY26, compared to Rs 2,138 crore in the same period last year. However, its lending arm Bajaj Finance has reported a decline in asset quality. Bajaj Finserv: Revenue rises 12.5 per