Managing data – The Economic Times
Debasish Maitra
IRMA, Anand, October 8
Debasish Maitra
IRMA, Anand, October 8
Chennai-based Ashok Leyland on Friday reported a 2% increase in its consolidated net profit at Rs 668 crore for the first quarter ended June. The company had posted net profit of Rs 658 crore in the corresponding period of the last financial year. Consolidated revenue rose 10% to Rs 10,750 crore in the period under…
The central government has clarified its policy on the House Rent Allowance (HRA), categorically stating that both spouses cannot claim HRA if they are central government employees posted at the same station and one of them has already been allotted government accommodation. This clarification ends speculation over the applicability of HRA to serving central government…
A widespread misconception exists that capital gains tax remains deferred until funds are physically withdrawn from the CGAS account.
Risk check Investors should also weigh concentration risk, said Pattabiraman. “Some of these portfolios—the narrower indices—can become concentrated. The question worth asking is whether a fund can manage so many stocks well once the asset size of the broader fund grows large. Investors should not just look at historical index performance, but at how these…
Shares of IDBI Bank jumped around 3% on Wednesday after the government finalised Canada’s Fairfax Holdings for the sale of its stake in the bank, in a deal expected to be worth around Rs 53,000 crore ($5.5 billion). The shares of the company jumped to Rs 88.99 apiece on Wednesday morning after people familiar with…
The biopharmaceutical and biotechnology company Symbiotec Pharmalab is set to tap the capital markets with an initial public offering (IPO) worth Rs 1,757 crore. The company has fixed the price band at Rs 938–Rs 988 per share, with the issue opening for subscription on August 24, 2026, and closing on August 27, 2026. Investors can…