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NEW DELHI: Tata Sons chairman N Chandrasekaran has asked over 30 CEOs and managing directors of group companies to brace for a tougher business environment, as the war in West Asia is disrupting supply chains, sources said.At a review meeting on the war's implications on Thursday, Chandrasekaran told top executives that more than 10,000 Tata employees are based in the region, including those from Voltas, TCS, Indian Hotels, and Titan (including Damas), and outlined steps to facilitate their retu ...Read More >
Mumbai, April 2: Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee. Rebounding more than 2,000 points from the day's low, the 30-share BSE Sensex finally settled higher by 185.23 points, or 0.25 per cent, at 73,319.55. The index opened lower and tanked further by 1,588 points to hit a ...Read More >
Stock Market Live Updates: Indian equity benchmarks are likely to witness a sharp decline at the open as oil prices climbed more than $4 on Thursday after US President Donald Trump said the United States would continue to attack Iran, including energy and oil targets over the next few weeks, and did not commit to a specific timeline to end the war. This comes a day after both BSE Sensex and NSE Nifty50 ended Wednesday's session on a positive note, signalling an overall upbeat market mood. Here ...Read More >
New Delhi: The new Income-tax Act and budgetary provisions, including higher STT on speculative F&O trades, lower TCS on overseas tour packages and liberalised remittance scheme for medical and education purposes, will get into force from April 1. A 20-year tax holiday for any foreign company that procures data centre services in India and new safe harbour provisions with a higher threshold for software firms will also be effective from Wednesday with the start of the 2026-27 fiscal. The Incom ...Read More >
Mumbai, Apr 2 (PTI) Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee. Rebounding more than 2,000 points from the day's low, the 30-share BSE Sensex finally settled higher by 185.23 points, or 0.25 per cent, at 73,319.55. The index opened lower and tanked further by 1,588 points to hit ...Read More >
Mumbai, April 2: Indian equity benchmark indices recovered from early losses and ended higher on Thursday, extending their gaining streak to a second straight session, supported by strength in IT stocks and a firmer rupee against the US dollar. The Nifty closed 0.15 per cent higher, gaining 33.70 points to settle at 22,713.10. The Sensex also ended in the green, rising 185.23 points or 0.25 per cent to finish at 73,319.55. Commenting on Nifty technical outlook, experts said that the 22,200-22,1 ...Read More >
(RTTNews) - Indian shares reversed steep early losses to end modestly higher on Thursday. Domestic markets staged a gap-down opening, with benchmark indexes Sensex and Nifty declining around 2 percent in early trade, as U.S. President Donald Trump's address to the nation on the war in the Middle East damped hopes for a swift resolution to the conflict. The dollar and bond yields surged, and oil prices jumped more than 7 percent after Trump said the U.S. military goals were "nearing completion, ...Read More >
Mumbai, April 2 (SocialNews.XYZ) Indian equity benchmark indices recovered from early losses and ended higher on Thursday, extending their gaining streak to a second straight session, supported by strength in IT stocks and a firmer rupee against the US dollar. The Nifty closed 0.15 per cent higher, gaining 33.70 points to settle at 22,713.10. The Sensex also ended in the green, rising 185.23 points or 0.25 per cent to finish at 73,319.55. Commenting on Nifty technical outlook, experts said tha ...Read More >
Mumbai: Stock markets bounced back strongly on Thursday after a sharp fall in early trade, helped by buying in IT stocks at lower levels. Both benchmark indices, Sensex and Nifty, recovered all their losses and turned positive during mid-session trade. Sharp Fall In Early Trade The 30-share BSE Sensex dropped heavily in the morning, falling 1,588.51 points to an intraday low of 71,545.81. At the same time, the NSE Nifty also declined sharply by 496.85 points, touching a low of 22,182.55. The f ...Read More >
New Delhi, Apr 1 (UNI) The PHD Chamber of Commerce and Industry (PHDCCI) has proposed a series of risk-based regulatory reforms aimed at easing compliance burdens in India's heavy industries sector, highlighting multiple structural bottlenecks that impact efficiency and growth. In its recommendations to the competent authority, the chamber pointed out that companies currently face duplication in corporate filings, with multiple annual forms such as MGT-7 and AOC-4 requiring overlapping disclosu ...Read More >
Chief Minister N. Chandrababu Naidu on Tuesday (March 31) unveiled an ambitious vision to position Amaravati as a global hub for quantum computing and hardware manufacturing, stating that the upcoming "Quantum Valley" in the capital will set a new direction for India's technological future. Speaking at a high-level roundtable on the quantum hardware manufacturing ecosystem held at the Secretariat, the Chief Minister said Amaravati is among the first regions in the country to align with the goal ...Read More >
Mumbai, April 1: The Income Tax (I-T) Act, 2025, and its accompanying 2026 rules officially come into force on April 1, 2026, marking the start of the 2026-27 financial year. While income tax slabs remain unchanged under both the Old and New regimes, the new legislation introduces substantial revisions to corporate perquisites, tax collection rates, and investment levies. Salaried professionals, particularly those opting for the Old Tax Regime, will see a significant recalibration of tax-exempt ...Read More >
(RTTNews) - Indian shares opened on a strong note Wednesday after U.S. President Trump said the U.S. could end its Iran military campaign within 2-3 weeks, claiming that Washington had already achieved its core objectives of hobbling Iran's nuclear ambitions and bringing a regime change in the country. Asserting that Tehran no longer possessed functional defense infrastructure, Trump claimed that the U.S. "will not have anything to do with" what happens next in the Strait of Hormuz and that oth ...Read More >
VIJAYAWADA: Chief Minister N Chandrababu Naidu has unveiled an ambitious plan to transform Amaravati into a global hub for quantum computing and position Andhra Pradesh at the forefront of next-generation technology. Addressing a round table on the Quantum Valley hardware ecosystem on Tuesday, he said the State is leveraging the National Quantum Mission to secure a first-mover advantage, much like it did in IT. Backed by partnerships with IBM, TCS and L&T, the initiative aims to develop indigen ...Read More >
New Delhi: The new Income-tax Act and budgetary provisions, including higher STT on speculative F&O trades, lower TCS on overseas tour packages and liberalised remittance scheme for medical and education purposes, will get into force from April 1. A 20-year tax holiday for any foreign company that procures data centre services in India and new safe harbour provisions with a higher threshold for software firms will also be effective from Wednesday with the start of the 2026-27 fiscal. The Incom ...Read More >
NEW DELHI: India's tax landscape shifts gears on Tuesday. The Income-tax Act, 2025, which replaces the Income-tax Act, 1961, comes into force from April 1, 2026, alongside a clutch of budgetary measures that will be felt by traders, tourists, technology firms and ordinary taxpayers alike. The new Act is not a reinvention of tax policy so much as a tidying up of it. Gone is the unwieldy distinction between the assessment year and the previous year; in its place comes a single "tax year" framewor ...Read More >
New Delhi, March 31 (UNI) India will roll out the Income-tax Act, 2025, from April 1, Wednesday, replacing the six-decade-old Income-tax Act, 1961, in a major reform aimed at simplifying the country's tax framework while retaining the existing tax structure. The government has clarified that the new law does not introduce any new taxes or increase the tax burden, but focuses on making the system clearer, more transparent and easier to comply with. The reform is being positioned as a complete s ...Read More >
New Delhi [India], March 31: Most employees assume their Employees' Provident Fund (EPF) is easily accessible. However, many only discover issues years later, typically at the time of withdrawal, during a job transition, or even during background verification. Claims can get delayed, rejected, or remain unresolved, often without clear reasons. Also Read | Sadak Suraksha Abhiyan 2026: Aamir Khan Talks About Road Safety, Shares Strict Rule He Has Taught His Children (Watch Video). In FY24-25, ov ...Read More >
By Sunil BadalaAs we approach FY 2026-27, the country stands at the cusp of one of the most significant overhauls of its income-tax framework in decades. With the introduction of the new Income-tax Act, 2025 and the Income-tax Rules, 2026, the Government aims to make the system even further simplified, streamlined, transparent, and taxpayer-friendly.For salaried individuals, this transition marks more than just a procedural change. It signals quite a shift in how income is reported, assessed, an ...Read More >
New Delhi, March 31 (SocialNews.XYZ) As India approaches the new fiscal year FY27, the country's direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, 2025, coming into force -- replacing the six-decade-old 1961 legislation and introducing changes in compliance, terminology and taxation. Major reform under the new framework is the replacement of the 'Financial Year' (FY) and 'Assessment Year' (AY) with a single 'tax year', which could simplify the filing ...Read More >
India financial reforms from April 1: Income-tax Act 2025, PAN rules, credit card reporting, TDS changes, RBI 2FA mandate and railway ticket rules explained India is set to usher in a wide-ranging set of regulatory and financial changes from April 1, 2026, covering taxation, banking, digital payments, credit cards, labour laws, and railway ticketing, as part of efforts to modernise systems, improve compliance, and enhance user convenience. Income-tax overhaul begins The six-decade-old Income- ...Read More >
Visakhapatnam, Mar 12 (UNI) Andhra Pradesh Minister for Education, IT and Electronics Nara Lokesh met Aiman Ezzat, CEO of Capgemini in Visakhapatnam and held discussions on potential investments and expansion opportunities in the state. During the meeting, the minister highlighted that under the leadership of Chief Minister N Chandrababu Naidu, Visakhapatnam is rapidly emerging as a major IT and data centre hub. He noted that work on the country's largest Google data centre in the city is set t ...Read More >
BENGALURU, Feb 17 : Infosys unveiled a partnership with Anthropic on Tuesday, days after investor concerns that AI tools would disrupt the traditional business models of Indian IT services firms shaved billions off their market value. The selloff was triggered, in part, by the launch of a tool by Amazon and Alphabet-backed Anthropic, which has seen its revenue run-rate in India doubling in four months. Anthropic has leaned heavily into the enterprise AI market and last month launched Claude Co ...Read More >
Tata Group plans an AI City in Lucknow, expansion of TCS units and fresh investments in electronics and defence after Tata Sons Chairman met Uttar Pradesh Chief Minister Yogi Adityanath. Tata Sons Chairman N Chandrasekaran paid a courtesy visit to Chief Minister Yogi Adityanath on Monday, during which the two held wide-ranging discussions on the progress, expansion and proposed new investments of Tata Group projects in Uttar Pradesh. The meeting saw a broad consensus on long-term collaboration ...Read More >
Mumbai, Dec 17 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday driven by value buying at lower levels and a positive trend in Asian markets. Steady buying activity by domestic institutional investors also brought comfort to the markets, according to experts. The 30-share BSE Sensex climbed 201.23 points to 84,881.09 in early trade. The 50-share NSE Nifty went up by 64.8 points to 25,924.90. From the Sensex firms, Eternal, State Bank of India, Bajaj Finance, Axis ...Read More >
Indian IT giants Tata Consultancy Services (TCS) and Infosys are expected to suffer the most severe financial impact from a new United States policy that imposes a $100,000 supplemental fee on certain H-1B visa petitions. The fee, introduced through a presidential proclamation in September this year, applies to new H-1B applications for skilled workers entering the US from abroad, particularly those requiring consular processing. The administration has positioned the measure as a means to curb ...Read More >
(RTTNews) - Indian shares opened on a sluggish note Tuesday, with lingering uncertainty around tariffs and caution ahead of key U.S. jobs and inflation data due this week keeping investors on edge. The benchmark BSE Sensex dropped 353 points, or 0.4 percent, to 84,859 while the broader NSE Nifty index was down 106 points, or 0.4 percent, at 25,914. Tata Power was down about 1 percent after it unveiled plans to invest around Rs. 25,000 crore in capital expenditure during the current financial y ...Read More >
Tata Steel shares: The company announced plans to boost domestic capacity by nearly 50%, including a 4.8-million-tonne addition, aimed at strengthening market leadership and securing long-term raw material supplies. Tata Steel shares are expected to be in focus on Monday, December 15, following the company's recent announcements related to large-scale capacity expansion in India and efforts to secure long-term raw material supplies. The steelmaker is planning to increase its domestic production ...Read More >
Lucknow, Dec 15 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday met Tata Sons Chairman N Chandrasekaran to review the progress of Tata Group's existing projects in the state, and discussed their expansion and new investment proposals. According to an official statement, the meeting saw wide-ranging deliberations on long-term cooperation in sectors such as artificial intelligence (AI), information technology, electronics, defence manufacturing, energy, renewable energy, electric veh ...Read More >
The report highlighted LIC's May 2025 investment of USD 570 million (around Rs 5,000 crore) in Adani Ports & SEZ (APSEZ). Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across ...Read More >
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