NEW DELHI: Adani Energy Solutions on Tuesday announced securing Bhadla-Fatehpur HVDC Project worth Rs 25,000 crore, which is the largest transmission order ever won by the Adani group entity. With the latest win, its order book now stands at Rs 54,761 crore. Source link
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Budget 2025: Shetty advocates for a 30% flat deduction on gross income with a ₹15 lakh ceiling on deductions. Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman should look to increase the income tax threshold for the 30% tax bracket in her Union Budget 2025, says Adhil Shetty, CEO of BankBazaar.According to BankBazaar, three important income tax changes that …
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NEW DELHI: State-run UCO Bank has reported a 27.1 per cent annual increase in net profit for the third quarter of the 2024-25 financial year, reaching Rs 638.83 crore, reflecting a significant rise from the Rs 502.83 crore profit recorded during the corresponding period last year.The bank’s total income grew by 15.5 per cent, amounting Rs 7,405.89 crore for the …
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We take a look at 5 major EPF changes in 2025 that members should know: EPF members take note! The EPFO (Employees’ Provident Fund Organization) has rolled out significant service modifications, including a streamlined joint declaration procedure, the launch of CPPS (Centralized Pension Payment System), pension policy clarifications for higher wages, online profile modification capabilities, and straightforward PF transfer processes. …
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The Indian IT sector, valued at $254 billion, experienced a significant reduction of over 70,000 employees in FY24. (AI image) India’s top IT services firms like TCS and Infosys have set higher fresher recruitment goals for fiscal 2026, encouraged by indicators of renewed technology investment. The six largest IT organisations in the country collectively aim to recruit approximately 82,000 new …
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Market experts anticipate trading within a broad range. Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Tuesday. While BSE Sensex was above 77,100, Nifty50 was near 23,400. At 9:16 AM, BSE Sensex was trading at 77,150.67, up 77 points or 0.10%. Nifty50 was at 23,394.90, up 50 points or 0.21%.Domestic markets showed an …
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Top stock picks today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, JSW Steel and Divi’s Laboratories are the top stock picks for today:JSW Steel – Buy in the range between Rs 920 and Rs 930, Stop loss at Rs 880; Target: Rs 1,000JSW Steel has taken support from …
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MUMBAI: Moody’s Ratings has said it sees significant foreign direct investment flows into the insurance sector if govt goes ahead with a proposal to increase foreign direct investment to 100% from 74%. This is coupled with improving margins for Indian insurers, brought about by govt pressure on public sector insurers, the listing of insurance companies, and the move toward newer …
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NEW DELHI: One97 Communications, the parent company of Paytm, reported a consolidated loss of Rs 208.5 crore for the third quarter ending December 31, 2024. This marks a slight improvement compared to the Rs 221.7 crore loss in the same period last year. The reduction in losses was primarily due to lower expenses, including payment processing charges and employee costs. …
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NEW DELHI: IDBI Bank on Monday reported a robust 31% year-on-year increase in net profit, reaching ₹1,908 crore for the December 2024 quarter. The rise in profit was attributed to reduced provisioning and higher interest income. In the same period last year, the LIC-controlled bank had recorded a net profit of ₹1,458 crore.According to the bank’s regulatory filing, total income …
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