businessupdates

Income Tax Notice Alert: TDS Deducted But Unfiled ITRs May Trigger EnforcementIncome Tax Notice Alert: TDS Deducted But Unfiled ITRs May Trigger Enforcement

Income Tax Notice Alert: TDS Deducted But Unfiled ITRs May Trigger Enforcement

CBDT Chairman: Income Tax Notices Targeting Taxpayers with Definitive Information. The Income Tax Department is preparing to issue notices to…

1 year ago
Sony faces a setback as an emergency arbitrator denies any relief in the case against Zee EntertainmentSony faces a setback as an emergency arbitrator denies any relief in the case against Zee Entertainment

Sony faces a setback as an emergency arbitrator denies any relief in the case against Zee Entertainment

In 2021, Sony and Zee initiated a deal to form a $10 billion entertainment company. However, negotiations collapsed, leading Sony…

1 year ago

Dalal Street’s Week Ahead: RBI’s Interest Rate Call and US Trade Balance in Focus for Sensex, Nifty

This week, investors will closely monitor several key factors impacting the financial markets. First, the focus remains on the remaining…

1 year ago
Employee Uprising: SAP Faces Backlash Over Strict No WFH PolicyEmployee Uprising: SAP Faces Backlash Over Strict No WFH Policy

Employee Uprising: SAP Faces Backlash Over Strict No WFH Policy

IBM recently informed managers that they must relocate near an office and attend in-person three times a week, or consider…

1 year ago
SBI Q3 FY24 Net Profit Drops 35% to Rs 9,163 Crore, Asset Quality ImprovesSBI Q3 FY24 Net Profit Drops 35% to Rs 9,163 Crore, Asset Quality Improves

SBI Q3 FY24 Net Profit Drops 35% to Rs 9,163 Crore, Asset Quality Improves

SBI's gross non-performing asset (NPA) improved to 2.42% from 3.14% YoY in Q3 FY24. The net NPA for the quarter…

1 year ago
Amazon Q4 Results Boost Indian IT Firms as Cloud Growth Shines, Nuvama ReportsAmazon Q4 Results Boost Indian IT Firms as Cloud Growth Shines, Nuvama Reports

Amazon Q4 Results Boost Indian IT Firms as Cloud Growth Shines, Nuvama Reports

Nuvama reports positive news for IT stocks, highlighting improved growth trajectories in Q4 for major hyperscalers such as Amazon, Azure,…

1 year ago
SBI Q3 Preview: Net Profit Likely Lower Due to High Wage Bill, Anticipated Muted NII GrowthSBI Q3 Preview: Net Profit Likely Lower Due to High Wage Bill, Anticipated Muted NII Growth

SBI Q3 Preview: Net Profit Likely Lower Due to High Wage Bill, Anticipated Muted NII Growth

SBI's Q3 preview suggests a potential 26% YoY decline in core operating profit, as projected by Nomura. Key areas to…

1 year ago
RBI Considers Cancelling Paytm Payments Bank License Next Month: ReportRBI Considers Cancelling Paytm Payments Bank License Next Month: Report

RBI Considers Cancelling Paytm Payments Bank License Next Month: Report

Paytm shares experienced a 20% daily limit drop on both Thursday and Friday, resulting in a $2 billion loss in…

1 year ago
NBCC and HUDCO Shares Surge to Fresh One-Year Highs Amid Budgetary PushNBCC and HUDCO Shares Surge to Fresh One-Year Highs Amid Budgetary Push

NBCC and HUDCO Shares Surge to Fresh One-Year Highs Amid Budgetary Push

The surge in NBCC and HUDCO shares followed Union Finance Minister Nirmala Sitharaman's announcement in the Interim Budget 2024. She…

1 year ago
Vijay Shekhar Sharma Assures Users: Paytm Will Remain Operational Beyond February 29Vijay Shekhar Sharma Assures Users: Paytm Will Remain Operational Beyond February 29

Vijay Shekhar Sharma Assures Users: Paytm Will Remain Operational Beyond February 29

RBI Reveals Ongoing Supervisory Concerns and Non-compliances in Paytm Payments Bank. Paytm CEO Vijay Shekhar Sharma reassured users on Friday…

1 year ago