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SECTION 244A REVENUE LOSS
WeWork Global sells 2.5% stake in WeWork India Management for Rs 244 croreWeWork Global has divested a 2.5% stake in WeWork India for Rs 244 crore, bringing its ownership down to 12.3% from 14.82%. Despite this st...
PhysicsWallah Q1 loss narrows 31%; edtech to transfer FinZ loan bookThe company reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of Rs 52 crore, compared with a Rs 21 crore lo...
Turtlemint revenue up 40% in Q1, losses narrowNet loss in the quarter stood at Rs 37.9 crore, compared to Rs 46.7 crore in the same period a year ago. In the preceding March quarter, th...
Why did Cerebras Systems stock fall despite higher 2026 guidance?Cerebras shares fell 12%-14% despite 70%+ Q2 revenue growth and raised 2026 guidance. Investors focused on a $450.5 million net loss, decli...
Debt grows slower than GDP, CAG says; revenue lapses persistGovernment debt servicing remains positive, with loan accumulation below GDP expansion. However, irregularities worth ₹603 crore were found...
Jharkhand CM Soren urges PM Modi to reconsider mining bill, flags impact on state's financesJharkhand's Chief Minister Hemant Soren urged Prime Minister Modi to reconsider the mining bill. He stated restrictions on state levies cou...
Trump White House says it's losing $19B-$26B a year in revenue as countries dodge tariffsA new US report claims countries route exports through third nations to avoid tariffs. This practice, known as transshipping, costs the Uni...
Two Trades for Today: A top realty firm for a rise of 5.4%, a mid-cap IT stock for a gain of almost 7.5%Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
FirstCry reports 13% growth in revenues, cuts losses by 34% in Q1The company’s expenses rose 12% YoY to Rs 2,046 crore from Rs 1,829 crore a year earlier, led by higher stock-in-trade purchases and other ...
Kerala to oppose Centre's MMDR Act amendments restricting state powers on mineral taxesKerala will oppose federal amendments to the Mines and Minerals Act. The state argues these changes erode constitutional powers and cause r...
Finolex Cables shares jump 10% on strong Q1 performance; revenue crosses Rs 2,000 crore markFinolex Cables shares rose sharply on Wednesday after the company reported a 52.6% YoY rise in Q1 FY27 net profit to Rs 208.2 crore. Revenu...
Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...
Paid Rs 6.5 crore and bought a property with stamp duty value of Rs 8.85 crore, got income tax notice for unexplained investment; He fought back won relief in ITATBuyer purchased Rs 8.85 crore worth property by paying Rs 6.5 crore; Tax dept sent notice for unexplained property investment u/s 69B; Know...
Sold land for Rs 7.24 crore, paid no tax, received income tax notice; Know how Google Earth photos and revenue records helped taxpayer to win this case in ITAT AhmedabadFamily member sold his 1/3rd share of agricultural land for Rs 7.24 crore, pays no tax, tax dept sent notice, he wins case in ITAT Ahmedaba...
Kaynes Tech shares crash 8% after weak Q1 results: What are Nomura and Motilal Oswal sayingKaynes Technology shares tanked 8% after the electronics manufacturing services firm reported a 24.4% YoY decline in Q1 FY27 net profit to ...
Ola Electric's Q1 revenue drops 45% YoY but loss narrows to Rs 336 croreOla Electric faced a significant downturn in its June quarter operations, reporting a steep forty-five percent decline in revenue compared ...
Datadog shares fall 16% as investors punish slower growth outlookDespite a strong second quarter and raised earnings guidance, Datadog faces concerns over moderating growth and weaker usage from a major A...
Freshworks turns profitable in Q2, revenue up 16%The Nasdaq-listed company reported revenue of $237.4 million for the quarter ended June 30, compared with $204.7 million a year earlier. Op...
Airtel Q1 net up 35% on postpaid, data user surgeBharti Airtel reported a 35.45% year-on-year net profit increase for the June quarter. This growth was fueled by strong performance in its ...
Supreme Court brings live-in relationships under Section 498A anti-cruelty lawIn a landmark decision, the Supreme Court has granted women in marriage-like live-in relationships the right to seek protection under Secti...