India’s New Income Tax Bill Grants Authorities Broad Digital Access Summary: India’s proposed Income Tax Bill, 2025, seeks to grant tax authorities access to taxpayers’ digital records, including social media accounts. The Indian government has introduced the Income Tax Bill, 2025, aiming to replace the existing Income Tax Act, 1961. Among the significant changes proposed, the …
The Share price of Anupam Rasayan India Ltd. witnessed a surge of over 6% early in the day on February 14, 2025, after the company announced a significant supply agreement. The firm signed a Letter of Intent (LOI) with a leading US-based multinational corporation to supply a high-performance speciality chemical used in critical polymer applications. …
The Reserve Bank of India (RBI) has given its approval for the reappointment of R Subramaniakumar as the Managing Director & Chief Executive Officer (MD & CEO) of RBL Bank. The extension is for a three-year period starting from June 23, 2025, to June 22, 2028. As of 10:23 AM on February 14, RBL Bank …
Tata Consultancy Services (TCS) has signed an agreement with UPM to lead an AI-driven upgrade of the company’s IT infrastructure. UPM, a Finland-based company focused on decarbonisation solutions, renewable fibres, and communication papers, aims to adopt an AI-first approach. The Partnership TCS will implement its AI-powered autonomous enterprise platform, ignio™, to upgrade system reliability. The …
Religare Enterprises Ltd, a non-banking financial company, has appointed Praveen Kumar Tripathi, a Non-Executive Independent Director, as the Chairperson of the company until June 30, 2025. The board made this decision during its meeting on February 11, 2025. Rotational Chairperson System As per the resolution passed, the company has introduced a rotational system for its …
Reliance Infrastructure has postponed the declaration of its October-December quarter results for the fiscal year 2024-25 (Q3FY25) by one day. The company announced on Thursday, February 13, that its board meeting to consider and declare the quarterly results, initially scheduled for Thursday, will now be held on Friday, February 14, 2025. Reason for Rescheduling The …
Kalpataru Projects International reported a marginal dip of 3% in its consolidated net profit, which stood at ₹139.59 crore for the quarter ending December 31, 2024. This is compared to ₹144.07 crore in the same quarter of the previous year. Despite the dip in profit, the company witnessed strong growth in total income and order …
Gujarat Pipavav Port Ltd has reported a year-on-year (YoY) decline in net profit, totalling ₹99.4 crores for the third quarter ending December 31, 2024, compared to ₹116 crores in the same period of the previous fiscal. The decline in profit comes amid a slight drop in revenue and a fall in operating performance during the …
Hindustan Construction Company (HCC) on Thursday reported a consolidated net loss of ₹38.92 crore for the third quarter ending December 31, 2024. The company attributed the loss primarily to a change in the tax regime. However, this marks a significant improvement from the ₹233.22 crore net loss recorded in the same quarter last year, according …
Gaming and sports media company Nazara Technologies reported a year-on-year (YoY) decline in net profit for the third quarter ending December 31, 2024. The company’s net profit stood at ₹13.7 crore, significantly lower than the ₹29.5 crore reported in the corresponding quarter of the previous fiscal, as per the company’s regulatory filing. Nazara Technologies Q3 …
