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Govt confident of surpassing FY25 direct tax collection target: CBDT chief

Govt confident of surpassing FY25 direct tax collection target: CBDT chief

CBDT chairman Ravi Agarwal expressed confidence in exceeding the Rs 22.07 lakh crore direct tax collection target for FY25, citing strong growth in corporate and non-corporate tax revenues. He also urged taxpayers to disclose foreign assets before the December deadline

18 November,2024 02:43 PM IST | New Delhi
Maharashtra elections 2024: Aaditya Thackeray's people-first vision for state

Maharashtra elections 2024: Aaditya Thackeray's people-first vision for state

In an exclusive interview, Aaditya Thackeray critiques Maharashtra’s current government for prioritising contractors over citizens, underscoring his commitment to sustainable development and people-first governance

09 November,2024 12:17 PM IST | Mumbai | Ranjeet Jadhav
Sony Pictures Networks India names Sibaji Biswas as CFO effective January 2025

Sony Pictures Networks India names Sibaji Biswas as CFO effective January 2025

Sony Pictures Networks India has appointed Sibaji Biswas as its new CFO, effective January 2025. Biswas brings extensive experience from Syngene International and Vodafone, where he held several senior roles. He will lead SPNI’s financial strategy, ensuring operational efficiency and growth across its platforms.

08 November,2024 02:26 PM IST | Mumbai
India’s B2B2C mental health market likely to reach $3.9 billion by FY29

India’s B2B2C mental health market likely to reach $3.9 billion by FY29

Corporate and educational segments are leading this shift, recognising the critical role of mental health in productivity and educational success

06 November,2024 12:28 PM IST | New Delhi | IANS
Sebi proposes raising 'high value debt listed entities' threshold to Rs 1,000 cr

Sebi proposes raising 'high value debt listed entities' threshold to Rs 1,000 cr

The Securities and Exchange Board of India (Sebi) has proposed increasing the threshold for identifying High Value Debt Listed Entities (HVDLEs) from Rs 500 crore to Rs 1,000 crore. This move aims to ease compliance burdens and enhance corporate governance norms for debt-listed entities, encouraging a more efficient business environment.

01 November,2024 12:33 PM IST | New Delhi
Markets slip in early trade as foreign funds continue outflows

Markets slip in early trade as foreign funds continue outflows

Indian equity markets opened lower on Tuesday with both Sensex and Nifty slipping due to ongoing foreign fund outflows and subdued corporate earnings. Bharti Airtel saw a notable decline despite a rise in profits, while NTPC and ICICI Bank showed gains.

29 October,2024 10:18 AM IST | Mumbai
ED seizes assets worth Rs 503.16 crore in Rs 4,037 crore bank fraud case

ED seizes assets worth Rs 503.16 crore in Rs 4,037 crore bank fraud case

The Enforcement Directorate has attached assets valued at Rs 503.16 crore across multiple states in a Rs 4,037 crore bank fraud case involving Corporate Power Limited and its promoters. The ED’s action follows an ongoing investigation into alleged financial misconduct.

28 October,2024 01:24 PM IST | New Delhi
Coforge reports 12% rise in Q2 net profit to Rs 202.3 crore

Coforge reports 12% rise in Q2 net profit to Rs 202.3 crore

Coforge has announced a consolidated net profit of Rs 202.3 crore for Q2 FY24, reflecting an 11.7 percent year-on-year increase. The company's revenue from operations surged 34.5 percent to Rs 3,062.3 crore, aided by the successful integration of Cigniti. An interim dividend of Rs 19 per share has also been recommended.

23 October,2024 02:16 PM IST | New Delhi
Vedanta raises USD 300 million through tap issue to manage debt

Vedanta raises USD 300 million through tap issue to manage debt

Vedanta Resources has raised an additional USD 300 million through a tap issue on its existing bonds. This move, which follows its earlier USD 900 million bond issue, aims to improve liquidity and manage the company's debt structure, according to a company statement.

23 October,2024 01:26 PM IST | New Delhi
Pranav Chawda to take over as CEO of J P Morgan Chase Bank India

Pranav Chawda to take over as CEO of J P Morgan Chase Bank India

Pranav Chawda has been named the new CEO of J P Morgan Chase Bank India, with responsibilities extending to both corporate and commercial banking. The move follows approval from the Reserve Bank of India.

23 October,2024 01:17 PM IST | Mumbai

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