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- SME IPO: Sollfege Smart Electronics to raise Rs 21.7-cr; issue to open on Sep 30
The initial public offering (IPO) will open for subscription on September 30 and conclude on October 5. The shares will be listed on the BS...
IPO-bound Kuku turns profitable as FY26 revenue jumps sixfold to Rs 1,484 croreThe company reported revenue from operations of Rs 1,484.2 crore, up 514% from Rs 241.6 crore a year earlier, per its audited financial sta...
TCIL pays Rs 43.86 crore dividend to government for FY26; profit after tax at Rs 146 croreTelecommunications Consultants India Ltd has paid a dividend of Rs 43.86 crore to the Government of India. This payment follows an operatin...
Ashok Leyland's best year in its history, and what the annual report says about holding on to itAshok Leyland sold more commercial vehicles in FY26 than in any year since it was founded, earned its highest-ever profit, and closed with ...
In 1999, 17 wind turbines went up on a Minnesota soybean-and-cattle farm; farming continued as turbine leases provided additional incomeSince 1999, rural Minnesota farmers have harnessed wind turbines for financial stability. Each turbine's land lease can bring in between $2...
Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
Medicine shop owner deposits Rs 2.47 crore cash in bank account, gets income tax notice for unexplained cash; wins case in ITAT Delhi for this reasonMr Kumar, a medicine shop owner had deposited Rs 2.47 crore cash in his bank account during demonetisation period, he got an unexplained ca...
RBL Bank gets show cause notice with GST demand of over Rs 173 croreRBL Bank said it received a showcause notice from Maharashtra GST authorities proposing a demand of over Rs 173.08 crore, including interes...
Rs 9.91 lakh income tax refund for senior citizen after proving that he mistakenly paid income tax on tax-free bonds; ITAT Delhi order explainedMr Ajay Kumar Bakaya a senior citizen from Gurgaon faced a significant tax issue when he accidentally overpaid income tax on his tax-free b...
Cupid shares rally 16% in two sessions. What’s behind the sharp uptick in the multibagger stock?Cupid shares surged 7% after entering the Nifty Smallcap 250 index, extending gains to 16% in two sessions. The company has raised FY27 rev...
Groom gets Rs 10 lakh cash and gold jewellery from wedding guests. Now he has to keep record of these gifts. But why?A wedding gift of ₹10 lakh in cash sounds like a reason to celebrate, but one woman's post about her cousin's gift has sparked a very diffe...
Cupid shares end 10% higher ahead of Nifty Smallcap 250 inclusion tomorrow. How much inflows can it see?Cupid shares jumped 10% to Rs 291 after the company’s inclusion in the Nifty Smallcap 250 index, effective September 30. The stock has surg...
Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
In 1992, Arnold Schwarzenegger saw children growing up without safe places after school. Three decades later, his one idea now helps 140,000 students a yearArnold Schwarzenegger launched an initiative in 1992 to give children from under-resourced communities a safe and structured place to spend...
IPO Calendar: 20 new issues to open for subscription in busiest week of the yearIndia's primary market faces its busiest week of the year as 20 IPOs open to raise Rs 1,292 crore. The line-up features four mainboard issu...
Tata’s e-commerce business begins to Cliq, losses shrink 19%Tata Cliq narrowed its net loss by 19% to Rs 253 crore in FY26, marking the third consecutive year of improvement, while revenue from opera...
Captain Fresh’s FY26 net profit more than halves to Rs 19.6 crore on exceptional IPO expenses, tax swingCaptain Fresh’s consolidated net profit more than halved to Rs 19.6 crore in FY26, despite a 52% rise in operating revenue to Rs 5,092.9 cr...
Moneyview pays Rs 160 crore incentive to CEO ahead of IPO; FY26 profit takes 30% hitIPO-bound Moneyview paid CEO Puneet Agarwal a one-time Rs 160 crore performance incentive in FY26, reducing reported net profit by about Rs...
Strong profit growth prompted Moneyview to reduce IPO size: MD & CEO AgrawalMoneyview reduced its public offer to Rs 1,092 crore from Rs 1,500 crore. This decision stems from robust profit growth and adequate intern...