Apple India’s FY23 Net Profit Surges by 76% to Reach Rs 2,230 Crore
Is Honasa Consumer IPO a Smart Investment? Examining Mamaearth’s Parent Company Public Offer
“Is Honasa Consumer IPO a Smart Investment? Examining Mamaearth’s Parent Company Public Offer” “Is Honasa Consumer IPO a Smart Investment? Examining Mamaearth’s Parent Company Public Offer” Honasa Consumer Limited, known for its Mamaearth brand, has officially commenced its Initial Public …
Colgate Palmolive Faces Rs 170 Crore Transfer Pricing Order from Income Tax Authorities
Colgate-Palmolive (India), a leading manufacturer of oral care products, has received a Transfer Pricing Order from Income Tax authorities, totaling Rs 170 crore, for specific international transactions in the financial year 2021-22. Transfer Pricing involves setting the prices for transactions …
Why Gold May Lose Its Shine in the Peak Festive Season
The glitter of gold during the peak festive season may lose its shine as rising prices threaten to impact demand significantly. The World Gold Council (WGC) has cautioned that the upward trajectory of gold prices could lead to the lowest …
IGL’s Q2 Results Preview: Anticipated 5% Sequential Net Profit Growth with Margin Slight Dip
Gas distribution company Indraprastha Gas Ltd (IGL) is scheduled to release its quarterly financial results on November 1. According to research by Zee Business, it is expected that IGL will announce a 5.4 percent sequential growth in standalone net profit, …
Vodafone Idea Announces 5G Plans at India Mobile Congress (IMC)
Vodafone Idea, a prominent player in the Indian telecommunications industry, has unveiled its strategy to enter the 5G arena at the India Mobile Congress (IMC). Concurrently, its formidable competitors, Reliance Jio and Bharti Airtel, have also disclosed their plans to …
Record 34% Surge: 589 Entities Report Over Rs 500 Cr in Tax Returns for FY21
In the assessment year 2021-22 (financial year 2020-21), the income tax department’s latest time series data reveals that 589 taxpayers reported gross total incomes exceeding Rs 500 crore. In the same year, nearly 2.1 crore taxpayers paid taxes but did …
Reliance’s Ambitious Leap: Entering the Booming Rs 133,000 Crore Indian Credit Card Market with a Banking Giant
Mukesh Ambani, the wealthiest individual in India and the leader of Reliance Industries, has been actively diversifying the company’s business interests in the online retail and financial sectors. In a new development, Reliance is poised to make a significant impact …
Casting Your Lot: Choosing Between US Treasury Bonds and Gold in Today’s Market
In October, the United States experienced a significant surge in Treasury bond yields. The 10-year yield reached 5%, marking its highest level since 2007, while the two-year yield climbed to 5.25%, the highest it has been since 2000. Vaibhav Kaushik, …
Reliance Industries’ Strong Q2 Performance: Profits Surge by 30% to Almost Rs 20,000 Crore
MUMBAI: Reliance Industries has reported a substantial 30% increase in its consolidated net profit for the September quarter, reaching a total of Rs 19,878 crore compared to Rs 15,332 crore in the same period last year. The company, a prominent …