Stay updated with the latest revenue news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on revenue topics.
WeWork India IPO: The stock's grey market premium has dropped sharply, now at only 0.77% above the issue price compared with 2.76% earlier. Though GMP provides a rough hint of potential listing performance, it remains unofficial and highly volatile. WeWork India's Rs 3,000-crore Initial Public Offering (IPO) has entered its second day of subscription on Monday. By the end of Day 1, the IPO saw a subdued response, with just 4% of the total issue subscribed. Bids were received for 11.12 lakh shar ...Read More >
New Delhi: Federal policy think tank NITI Aayog on Friday proposed a presumptive taxation scheme for offshore companies deriving profits from India as part of efforts to enhance the country's appeal to investors with tax certainty and ease of doing business. NITI Aayog said such an optional, industry-specific scheme, along with broader legislative clarity, administrative efficiency, strong dispute resolution schemes and adoption of global best practices, will dramatically cut litigation. That w ...Read More >
TRAI released recommendations for a digital radio broadcast policy, allowing analogue FM channels to add a digital layer. It proposes a single technology standard and auctioning new frequencies in 13 major cities, including Delhi and Mumbai, as the first step towards India's digital radio shift. Existing broadcasters can migrate voluntarily to simulcast mode, enabling multiple channels. The Telecom Regulatory Authority of India (TRAI) on Friday released the recommendations on the digital broadc ...Read More >
New Delhi: In an effort to curtail litigation, provide greater certainty, and facilitate compliance for multinational firms in India, the government think tank NITI Aayog has suggested an optional presumptive tax regime for foreign companies. The suggestion was contained in the first paper of its recently released Tax Policy Working Paper Series, which was presented on Friday by B.V.R. Subrahmanyam, CEO of NITI Aayog. If adopted, the suggestion could represent a significant change in India's t ...Read More >
Gold prices fell ₹643 to ₹1,16,945 per 10 grams in futures trade on Friday (October 3, 2025), retreating from record high as investors booked profits amid caution over the US government shutdown and Fed policy outlook. On the MCX, gold futures for December delivery declined ₹643 or 0.55% to ₹1,16,945 per 10 grams in a turnover of 15,733 lots, snapping a five-day winning streak. On Wednesday, the contract had scaled a lifetime high of ₹1,18,444 per 10 grams. Similarly, the February 20 ...Read More >
The Finance Ministry has launched a detailed inquiry into corruption allegations against Chennai Customs by Wintrack Inc., an import company that shut down its business citing harassment and bribe demands. A senior officer will conduct a factual examination, while the CBIC claims the issue involves misdeclaration by the importer. The government assures serious action. New Delhi: Amid allegations of corruption levelled against Chennai Customs by Wintrack Inc, the Finance Ministry on Thursday sai ...Read More >
Bhubaneswar, Oct 3 (PTI) Four places in Odisha recorded extremely heavy rainfall of above 20 cm during the last 24 hours under the impact of the deep depression, the IMD said on Friday. The highest rainfall of 352 mm was recorded at Thuumual Rampur in Kalahandi district, followed by R Udaygiri and Gumma in Gajapati district, receiving 291 mm and 211 mm of rain respectively, while Junagarh in Kalahandi recorded 210 mm of rainfall till 8.30 am on Friday, it said. Ten places in the state have als ...Read More >
Chennai-based GrowXCD Finance, which lends to small businesses, has secured around Rs 200 crore in funding. Swiss firm Blue Earth Capital led with Rs 105 crore, and Prosus Ventures added Rs 70 crore. Lok Capital increased its stake with Rs 21 crore, becoming the company's largest shareholder.Swiss impact investment firm Blue Earth Capital and Amsterdam Stock Exchange-listed Prosus Ventures and others have together invested about Rs 200 crore in Chennai-headquartered GrowXCD Finance, a startup le ...Read More >
New Delhi, Oct 1 (PTI) The Supreme Court is likely to hear on October 6 a plea of telecom major Vodafone Idea Limited (VIL) seeking the quashing of the additional adjusted gross revenue (AGR) demands for the period until 2016-17. According to the apex court's website, a bench headed by Chief Justice of India (CJI) B R Gavai has listed the fresh plea of the VIL for hearing on Monday, when the court reopens after the Dussehra break. The top court deferred the hearing on September 26, after takin ...Read More >
Chief Minister Siddaramaiah on Tuesday said over 10 lakh hectares of crops in Karnataka have been damaged due to rains and floods, as per initial estimates, and his government will provide an additional compensation of Rs 8,500 per hectare over the amount under the National Disaster Response Fund (NDRF). Speaking after an aerial survey of flood‑affected areas in Kalaburagi, Bidar, Yadgiri, and Vijayapura districts, Siddaramaiah said the state would also request the central government for addit ...Read More >
Mumbai city (area under BMC jurisdiction) recorded 12,070 property registrations in September against 9,111 units in the same month last year, marking a 32% YoY (year-on-year) increase, it said, pointing out that stamp duty collections touched ₹1,292 crore, up 47% YoY. The rise in registrations was due to the shifting festive calendar. Last year, property activity was subdued during the inauspicious Shraddh period (September 17-October 2, 2024), whereas this year it fell earlier (September 7-21 ...Read More >
Gandhinagar: A national conference on land management and disaster management will be held at the Mahatma Mandir Convention Centre in Gandhinagar on Oct 3 and 4. The land records modernisation programme will be one of the key topics of discussion at the conference.Speaking to reporters in Gandhinagar on Monday, Jayanti Ravi, additional chief secretary (revenue), said that the conference will be a milestone in achieving the goals of the 'Digital India Land Records Modernisation Programme (DILRMP) ...Read More >
India's Fiscal Landscape: Balancing Expenditure with Revenue Growth India's financial performance reveals a complex interplay between government spending and revenue collection. Recent data indicates a shift in the sources of government income, alongside increased investment in crucial infrastructure projects. Net tax receipts for the current period totaled ₹8.1 trillion, a decrease from ₹8.7 trillion during the same timeframe last year. However, this dip was partially offset by a si ...Read More >
New Delhi, Sep 29: India's fiscal deficit for the five-month period from April to August stood at Rs 5.98 lakh crore, which represents 38.1 per cent of the government's full-year target for the financial year 2025-26, official data released on Tuesday showed. Revenue collection trends This indicates that the fiscal deficit is well under control and on its declining glide path, with the economy growing on a stable path. Net tax receipts during the period stood at Rs 8.1 lakh crore, which was a ...Read More >
MUMBAI, Sept 30 (Reuters) - India's National Stock Exchange will offer a daily expiry on GIFT Nifty (.GIFc1), opens new tab contracts to foreign investors via a tax-neutral jurisdiction as it seeks to attract more global funds, diverging from domestic markets' tighter equity derivatives rules. GIFT Nifty is a dollar-denominated derivative contract of the Nifty 50 traded on NSE subsidiary, the NSE International Exchange (NSE IX) in Gujarat International Finance Tech (GIFT) City. In August, the c ...Read More >
Pune (Maharashtra) [India], September 30: For investors looking to participate in the potential growth of companies across the large, mid and small cap markets, a flexi cap fund may be a potentially suitable option. Unlike category-specific funds, a flexi cap fund offers fund managers flexibility to allocate investments based on market conditions and potential opportunities. Flexi cap funds may provide investors with exposure to relative stability from large caps as well as potential growth from ...Read More >
NewsVoirPune (Maharashtra) [India], September 30: For investors looking to participate in the potential growth of companies across the large, mid and small cap markets, a flexi cap fund may be a potentially suitable option. Unlike category-specific funds, a flexi cap fund offers fund managers flexibility to allocate investments based on market conditions and potential opportunities. Flexi cap funds may provide investors with exposure to relative stability from large caps as well as potential gro ...Read More >
Born in India, Scaling Globally: Clodura.AI Unifies GTM Workflows with India's First GenAI Platform Born in India, Scaling Globally: Clodura.AI Unifies GTM Workflows with India's First GenAI Platform 4 min read Last Updated : Sep 30 2025 | 12:05 PM IST PRNewswire Pune (Maharashtra) [India], September 30: Across India's boardrooms and global sales floors, GTM leaders face a common frustration: Why does booking a single meeting require juggling five different tools? Sales teams burdened by blo ...Read More >
Bengaluru (Karnataka) [India], September 30: VerSe Innovation, India leading local language technology platform and AI-driven tech company, closed FY25 with robust financial and operational performance. The company delivered strong revenue growth of 88 year-on-year alongside a 20 reduction in EBITDA burn, strengthened monetization and geographic expansion, and accelerated operational efficiency to lay the groundwork for profitable, sustainable scale. FY25 Performance Highlights: Growth, Efficie ...Read More >
Bengaluru (Karnataka) [India], September 30: As India accelerates its digital transformation, the demand for skilled professionals in AI and data analytics is surging. The skills gap continues to widen, and without swift, strategic intervention, industries risk falling behind. Academic-industry partnerships are now critical to equipping the workforce with the right capabilities to navigate a data-driven future. In response to this need of the hour, SAS, a global leader in Data and AI, has announ ...Read More >
New Delhi: Cash-strapped Vodafone Idea (Vi) has filed a plea in the Supreme Court, seeking waiver from paying interest, penalty and interest on penalty on adjusted gross revenue (AGR) dues demand raised by the Department of Telecommunications (DoT). Vi, in its application, has sought to amend its previous petition that sought quashing of the DoT's additional AGR demand of ₹9,450 crore till FY19. The amended application is now seeking exemption from the payment of interest, penalty and interest ...Read More >
New Delhi: Cash-strapped Vodafone Idea (Vi) has filed a plea in the Supreme Court, seeking waiver from paying interest, penalty and interest on penalty on adjusted gross revenue (AGR) dues demand raised by the Department of Telecommunications (DoT). Vi, in its application, has sought to amend its previous petition that sought quashing of the DoT's additional AGR demand of Rs 9,450 crore till FY19. The amended application is now seeking exemption from the payment of interest, penalty and interes ...Read More >
RailTel Corporation of India has received an order worth Rs 970.08 crore from the State Project Director, Bihar Education Project Council (BEPC) for the establishment of Physics, Chemistry and Biology labs on a turnkey basis in government secondary and senior secondary schools of Bihar under the Samagra Shiksha scheme 2025-26. In its regulatory filing, the company announced that as per the Letter of Acceptance (LoA), the project must be executed by September 24, 2026. Rs 6,597 crore Bihar Educ ...Read More >
Mumbai: Tata Capital has announced the price band for its upcoming IPO (Initial Public Offering), which is set between Rs 310 and Rs 326 per equity share. Each share has a face value of Rs 10. This IPO is an important step for the company as it works to meet regulatory requirements and raise funds for future growth. IPO Dates and Subscription Details The Tata Capital IPO will open for public subscription on Monday, October 6, and close on Wednesday, October 8. The anchor investor portion will ...Read More >
Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised ...Read More >
New Delhi: Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised, PayNearby will file its Draft Red Herring Prospectus (DRHP) with the capital market regulator Sebi, he added. The com ...Read More >
Poonch (Jammu and Kashmir) [India], September 27 (ANI): The Forest Protection Force in Poonch, in collaboration with the district administration, conducted a plantation drive under the nationwide Seva Parv program on Saturday, aimed at promoting an environmentally friendly approach and community participation. Assistant Director of the Forest Protection Force, Masood Ahmed, said, We, in collaboration with the Municipal Corporation, have carried out plantation activities in this park. This week, ...Read More >
Shimla: Himachal Pradesh's state-owned agricultural trading arm, the Himachal Pradesh Agro Industries Corporation Limited (HPAIC), recorded a marginal increase in net profit during the first five months of the financial year, despite a significant drop in its overall turnover compared with the previous period.Revenue, horticulture, and tribal development minister Jagat Singh Negi, who chaired the 262nd meeting of the HPAIC board of directors on Friday, confirmed the pre-audit results. The HPAIC ...Read More >
Shimla, Sep 26 (PTI) Himachal Revenue and Horticulture Minister Jagat Singh Negi came out in support of climate activist Sonam Wangchuk and said that the people of Ladakh and Wangchuk are only demanding their constitutional rights. Talking to the PTI videos here on Friday, he said that the BJP is operating with repressive policies and is using the Enforcement Directorate (ED) as a tool to suppress the opposition across the country. Negi alleged that a "police raj" has been established in Leh-L ...Read More >
New Delhi Sep 26 (PTI) The Supreme Court on Friday deferred to October 6 the hearing on a plea of telecom major Vodafone Idea Ltd (VIL) seeking quashing of the additional adjusted gross revenue (AGR) demands for the period until 2016-17. A bench comprising Chief justice B R Gavai and Justices K Vinod Chandran and NV Anjaria was urged by Solicitor General Tushar Mehta, appearing for the Centre, the plea, which was listed for hearing during the day, be listed on reopening of courts after Dusshera ...Read More >
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