Business

From a modest beginning to building a business empire worth Rs 120 crore, Shyam Sundar Sonthalia, Managing Director of S Square Marketing, has carved a niche in the garment industry. With ambitious expansion plans on the horizon, Sonthalia’s journey serves as an inspiration for budding...

New Delhi: Government stake in Vodafone Idea will more than double to 48.99 per cent as it is set to acquire shares worth Rs 36,950 crore in lieu of outstanding spectrum auction dues, the company said in a regulatory filing Sunday. The government is already...

Mumbai: With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, India's largest airline has termed the order "erroneous" and vowed to challenge it legally. The airline’s parent company, InterGlobe Aviation, received the order Saturday. In a regulatory filing Sunday, IndiGo...

New Delhi: Haldiram has entered into an agreement with Temasek as part of which the Singapore-headquartered global investment firm will "acquire an equity stake from the existing shareholders" of India's largest packed snack and sweets company and restaurant operator, according to a statement issued Sunday....

New Delhi: The Indian economy is likely to grow at 6.5 per cent in the fiscal year starting April 1, EY Economy Watch said, emphasising that a well-calibrated fiscal strategy that supports human capital development while maintaining fiscal prudence could significantly enhance long-term growth prospects....

New Delhi: Foreign investors have infused nearly Rs 31,000 crore in the Indian equity markets in the last six trading sessions of the month primarily due to attractive valuations, appreciation in the rupee and improvement in macroeconomic indicators. The re-emergence of Foreign Portfolio Investors (FPIs)...

New Delhi: The combined market valuation of eight of the top-10 most-valued firms climbed Rs 88,085.89 crore last week, with HDFC Bank leading the pack of gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark gauge climbed 509.41 points, or...

Half of India has less than Rs 3.5 lakh to their name, and globally, 90% of people would struggle to survive the loss of a single paycheck. These are the stark warnings from Chennai-based financial planner D Muthukrishnan, who highlights deepening inequality in a world...

New Delhi: As the new financial year begins April 1, several changes in income tax rules will come into effect. These updates, announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025, aim to simplify the tax system and provide relief to salaried employees....

Leotronix Power Systems has been a trusted name in the power solutions industry for nearly three decades. With years of expertise, it has become a dependable provider of reliable stabilisers with innovative and quality products. Founded by Jayant Kumar Lenka, Proprietor, the brand has consistently...