High Court quashes GST demands on seconded employees of foreign firms; experts say gives clarity on liability

According to experts, this judgment is a substantial relief for businesses navigating the complexities of GST compliance, particularly in the wake of ...

Swiggy IPO: How does its valuation compare with Zomato?

Swiggy's IPO, set to be open between November 6 and 8, aims for a notable jump from its $10.7 billion valuation in 2022.

Dee Development Engineers bets big on oil & gas capex spend, utilises 50% of IPO proceeds for loan repayment, says CFO Sameer Agarwal

Agarwal highlights a promising outlook for capital expenditure in the oil and gas and power sectors over the next five to ten years, calling it a gold...

India remains a shining star with $3.6 bn inflows as global VC investment hits seven-year low: KPMG

With the US election approaching, VC investment is likely to remain cautious through Q4 2024, with AI and defence-tech expected to attract ongoing int...

Centre making efforts to promote country as manufacturing hub: Kishan Reddy

Union Minister G Kishan Reddy stated that the Centre, under Prime Minister Narendra Modi's leadership, is promoting youth employment through large-sca...

Bartronics CFO Venu Gopal Thota resigns

Thota stepped down from his role due to personal commitments, as disclosed by the company in a regulatory filing to the BSE.

GST returns to become time-barred after 3 years from early 2025

Starting early 2025, GST Network will prohibit filing of monthly and annual GST returns beyond three years from the original due date. Businesses need...

SpiceJet pays INR 310 crore to clear TDS dues

From cross-continental epic voyages that traverse vast landscapes to leisurely journeys along scenic branch lines, rail-based adventures have surged i...

CBDT notifies tolerance range for transfer pricing for AY2024-25

The notification of tolerance range shall provide certainty to taxpayers and reduce the risk perception associated with pricing of a transaction in tr...

GST dept uncovers 3.28cr evasion

The investigation targeted businesses dealing in high-demand goods like fireworks, ice cream and textiles. All the traders involved were found to be h...

Amazon India wholesale arm posts revenue of Rs 3,577 crore in FY24, trims loss by 44%

Amazon Wholesale, the ecommerce giant's wholesale unit narrowed its net loss by 44% to Rs 342 crore in FY24 from Rs 616 crore the previous year, acco...

FMCG, auto companies step up ad spends to revive demand

Consumer and automobile companies like Nestle, Colgate-Palmolive, Godrej Consumer Products, and major carmakers are significantly increasing advertisi...

Incremental work from top clients is a bigger deal for IT

Top IT firms saw their top clients' contribution to their total revenue jumping in the second quarter. HCLTech's top 20 clients that contributed 27....

Cipla Q2 hit by seasonal chill, but investors need not worry

Cipla's September-quarter performance saw a 5.6% increase in consolidated net sales and a 15% rise in net profit despite slow seasonal growth in the a...

Musk's xAI seeks $40 billion valuation in new funding round

The funding discussions are early, said the person, who asked not to be identified discussing private information, and the details could still change ...

India Inc wants employees to have a blast this Diwali

Firms like Vedanta, Ecom Express, PepsiCo, CashKaro, Titan Company, JSW MG Motor, Luminous Power, Thomas Cook, SOTC, Zopper, and Vantage Circle are do...

Jio Financial and BlackRock incorporate AMCs to undertake mutual funds biz

Jio Financial Services and BlackRock Inc. have launched two joint venture firms in India, named Jio BlackRock Asset Management Private Limited and Jio...

Apple ships $6 billion of iPhones from India in big China shift

Apple is expanding its manufacturing network in India at a rapid clip, taking advantage of local subsidies, a skilled workforce and advances in the co...

Edu-wealth startup Zinc raises $25.5 million from Nexus Venture Partners, others

The Singapore-headquartered company founded by the former PayU Credit chief Prashanth Ranganathan plans to use the funds for product innovation, expan...

India fastest growing major economy, likely to become third largest soon: President Murmu

The Indian government has an investor-friendly policy, where most sectors are open for 100 per cent FDI (foreign direct investment) under the automati...