PICHOR: Union Minister for Communications and Northeast Region Development and Guna MP Jyotiraditya Scindia on Saturday announced two new India Post services, Speed Post 24 and Speed Post 48, at Pichor in Shivpuri district, which will ensure delivery within 24 and 48 hours, respectively.This announcement, made through a local program, is being considered an important…
CHENNAI: Securities and Exchange Board of India (Sebi) is likely to clear National Stock Exchange’s (NSE) longdelayed initial public offering (IPO) soon. Sebi chief Tuhin Kanta Pandey indicated in Chennai on Saturday that the NOC for the public offer could come before the end of this month, signalling a possible end to years of regulatory…
Budget to presented on February 1 (Image credit: IANS) State leaders met with finance minister Nirmala Sitharaman on Saturday for pre-budget discussions, where they reportedly asked for increased financial support for capital investments and compensation for GST revenue losses. The states also asked for more funding for urban and rural development, housing programs, and disaster…
ICICI Lombard General Insurance Co, a unit of country’s second-largest private lender, said an employee uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the planned release.The worker, who broadcast the information after market hours on Friday, deleted the “status” within an hour, the ICICI Bank Ltd. unit said…
NEW DELHI: Union minister for finance and corporate affairs Nirmala Sitharaman on Saturday chaired the meeting on Pre-Budget Consultation with States and Union Territories (with Legislature) for the forthcoming Union Budget 2026-27 in New Delhi.Along with Union Minister for State for Finance Pankaj Chaudhary, the meeting was also attended by Governor of Manipur; Chief Ministers…
MUMBAI: The Bengaluru bench of Income Tax Appellate Tribunal (ITAT) has dismissed Flipkart co-founder Binny Bansal‘s non-resident claim, denying him the benefit of India-Singapore Tax Treaty sought by him. The tribunal passed the final order on Jan 9.In his appeal, Bansal argued that he had gone outside India (Singapore) for employment, and hence should be…
Techno Paints and Chemicals CMD Akuri Srinivas Reddy with Indian cricketing legend Sachin Tendulkar HYDERABAD: Paints manufacturer Techno Paints and Chemicals, a Hyderabad-based paints manufacturer, is planning to raise Rs 500 crore through an initial public offering (IPO) by 2026-27, its chairman and managing director Akuri Srinivas Reddy said on Saturday.He said the company will…
Opposition-ruled states Punjab and Telangana on Saturday sought additional fiscal support from the Centre in the Union Budget 2026-27, arguing that the proposed Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) will place a heavier financial burden on states due to its revised cost-sharing formula, PTI reported.The demands were raised at…
Haryana Chief Minister Nayab Singh Saini on Saturday urged the Centre to step up allocations for the state’s rural and urban infrastructure, agriculture and allied sectors in the Union Budget for FY27, citing growing development needs and the state’s proximity to the national capital, PTI reported.Saini, who also holds the finance portfolio, raised the demands…
Lenders have sanctioned Rs 3,361.83 crore to 774 applicants under the Rs 20,000-crore Credit Guarantee Scheme for Exporters (CGSE) within a month of its rollout, as the government steps up support for exporters facing headwinds from steep US tariffs, official data showed as reported PTI.The scheme, approved by the Union Cabinet on November 12 and…
