Sugar stocks surged on strong pre-festival demand, with Balrampur Chini, Bajaj Hindusthan, Uttam Sugar and others hitting 52-week highs. Gains moderated after duty-free raw sugar imports were announced, though several stocks still delivered strong weekly and year-to-date returns.
The government had imposed a penalty on the managed service provider (MSP) that operates the income tax department’s e-filing portal in FY 2025-26 after technical glitches led to the extension of the ITR filing deadline. “MSP is liable for penalty if the due date of ITR filing or any other pre-notified date gets extended on…
Shares of Cummins India declined 4.3% to their day’s low of Rs 5,171 on the BSE on Thursday after the company reported an 8% year-on-year decline in net profit for the June quarter, even as revenue posted strong double-digit growth. Profit after tax for the quarter stood at Rs 543 crore, down 8% from a…
Shares of commercial vehicle major Tata Motors rallied as much as 6% to their day’s high of Rs 485 on the BSE on Thursday after it reported a net profit of Rs 2,560 crore in the first quarter of FY27, a jump of 83.3% from Rs 1,397 crore reported in the same period last year….
Coming month is likely to witness an IPO rush with more than a dozen companies, including Zepto, Truhome Finance and logistics platform Shiprocket gearing up to launch their initial share-sale. The upcoming issues, expected to collectively raise over Rs 25,000 crore, include a mix of fresh equity issuances and offer for sale (OFS) component, merchant…
When you cross the age of 35, life takes a fresh direction. This age brings immense changes and developments to one’s life. Some major examples include career growth, home ownership, ageing parents, marriage, parenthood, and increasing financial commitments. These major developments make this the opportune time to re-analyse and reassess one’s financial strategy and long-term…
Pay commission: The Maharashtra state government on 29 July (Tuesday) approved incentive allowance equivalent to 30% of basic pay, for police officers and personnel serving in the state’s Anti-Narcotics Task Force (ANTF) under the 7th central pay commission, according to a PTI report. Reason for the incentive allowance stated by the Maharashtra government is the…