Indian cigarette makers ITC, Godfrey Phillips, VST Industries see revenue and profit decline after tax hikeLeading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...
02 Aug, 2026, 12.48 PM IST
NCLAT rejects DoT's 469-crore claim appeal in Rolta insolvency; upholds resolution planThe NCLAT has officially dismissed the Department of Telecommunications' (DoT) appeal against Rolta India's resolution plan, stating it has...
02 Aug, 2026, 11.18 AM IST
Man was denied Section 54F income tax exemption as builder delayed villa construction by 4 years; Telangana HC grants relief, says taxpayer can't suffer for builder's faultBuilder delayed villa's construction by 4 years, thus tax dept denied Section 54F tax exemption to homebuyer; Telangana HC says homebuyer c...
02 Aug, 2026, 08.10 AM IST
Divi's Labs Q1 Results: Net profit rises 66% YoY to Rs 902 crore, revenue up 28%The firm’s revenue from operations meanwhile rose around 28% YoY to Rs 3,080 crore in Q1 FY27, from Rs 2,410 crore reported in the year-ago...
01 Aug, 2026, 01.00 PM IST
ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
01 Aug, 2026, 08.21 AM IST
Chronology of events in IB officer Ankit Sharma murder caseA Delhi court sentenced Tahir Hussain and four others to life imprisonment for murder. This verdict concludes the 2020 Ankit Sharma murder ...
31 Jul, 2026, 07.29 PM IST
Not prepared for ITR filing: Should you file your ITR now with available information or wait and file a belated ITR?Taxpayers face a choice between filing income tax returns now or later. The income tax return due date is approaching for many individuals....
31 Jul, 2026, 02.07 PM IST
ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitabilit...
30 Jul, 2026, 01.01 PM IST
VST Industries shares slide 4% after Q1 profit drops 25%, revenue falls 13%VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in reven...
29 Jul, 2026, 10.05 AM IST
Godfrey Phillips shares fall 6% as Q1 net profit declines over 44% amid tax-led price increaseGodfrey Phillips reported a 44.3% year-on-year decline in June-quarter net profit as higher excise duty weighed on earnings, even as gross ...
28 Jul, 2026, 11.03 AM IST
BYD launches EV mini-car in JapanBYD has launched the Racco electric mini-car in Japan, priced below 2 million yen before subsidies, aiming to revive weak sales and boost b...
28 Jul, 2026, 09.51 AM IST
Mamdani plans to offer 30% discount on meat and produce at city-owned grocery storesNew York City plans government-owned grocery stores to combat rising food prices. These five shops will offer a thirty percent discount on ...
28 Jul, 2026, 07.00 AM IST
Memory giant Micron picks L&T for $2.75 billion Sanand plant phase-2Micron has also onboarded Singapore-based Meinhardt, which also worked on phase one, to handle the design of the project, while Turner Inte...
28 Jul, 2026, 06.00 AM IST
Parliament Watch: ESIC disburses Rs 5.26 crore under ABVK, 79 FEMA applications disposed of since FY22Parliament updates: Govt launched a 3-month drive to clear 16,033 labour disputes, ESIC disbursed ₹5.26 crore under ABVKY, approved polymer...
28 Jul, 2026, 01.04 AM IST
Why Europe's wildfires have spiralled into a historic disasterRecord heat and prolonged drought have triggered some of Europe's worst wildfires in decades, forcing over 300,000 evacuations across Franc...
27 Jul, 2026, 09.19 PM IST
Govt examining measures to safeguard FCV tobacco farmers of AP: GovtThe government is actively examining measures to safeguard FCV tobacco farmers' interests. A ministry team visited Andhra Pradesh to review...
26 Jul, 2026, 09.43 PM IST
ITC charts growth strategy as cigarette tax hike hits stockITC Chairman Sanjiv Puri said the company is tackling higher cigarette taxes through calibrated price hikes, product innovation and diversi...
23 Jul, 2026, 07.08 PM IST