In a major development for its shareholders, Ashok Leyland, Hinduja Group’s flagship company, has said that its board will meet on Friday, May 23, 2025, to discuss a proposal for issuance of bonus shares. This could be a return of such shareholder benefits after a gap of 14 years, the previous one being in 2011 […]
Ashok Leyland Board to Consider Bonus Share Issue on Friday Read More »
News
In a significant turn of events that is likely to have a major bearing on India’s telecom sector, the Supreme Court rejected Vodafone Idea’s AGR relief plea. The telecom company had approached the top court with a request for a re-evaluation of its Adjusted Gross Revenue (AGR) dues, but the apex court stood firm by
Supreme Court Rejects Vodafone Idea’s AGR Relief Plea Read More »
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In a big news for retail investors, a Multibagger Small-Cap Below Rs 100 is scheduled to declare its Q4 results and final dividend on 26 May. The news is creating huge interest in the market as this stock has already given spectacular returns in the latest quarters. Q4 Results and Final Dividend: What to Expect
Multibagger Small-Cap Below Rs 100 To Declare Q4 Results and Final Dividend on 26 May Read More »
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In a surprise twist, the Indian Space Research Organisation (ISRO) stated that the PSLV-C61/EOS-09 mission could not be achieved, a rare failure for India’s very reliable Polar Satellite Launch Vehicle (PSLV) programme. The mission, to launch the Earth Observation Satellite EOS-09 and co-passenger payloads to orbit, suffered an anomaly after a few seconds of liftoff.
PSLV-C61/EOS-09 Mission Could Not Be Achieved: ISRO Confirms Disappointment Read More »
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In a recent regulatory development, the Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.66 lakh on Union Bank of India for non-compliance with certain provisions of its directions. The fine underscores the RBI’s continuing efforts to enforce discipline and accountability within the banking system. What Prompted the Penalty? The penalty was
Union Bank of India Fined ₹1.66 Lakh by RBI for Regulatory Non-Compliance Read More »
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In what is likely to be a historical financial step, the Reserve Bank of India (RBI) is likely to pay a record ₹2.5 lakh crore or higher to the central government as dividend for the year 2023-24, sources privy to the information indicate. If it happens, it will be the central bank’s highest-ever surplus transfer
The Employees’ Provident Fund Organisation (EPFO) has introduced a number of significant changes to the EPF (Employees’ Provident Fund) scheme, which will come into effect from 2025. The changes will make the system more transparent, enhance benefits to members, and align the system with changing workforce patterns. If you are an EPF member, the following
EPFO New Rules 2025: 5 Major Changes All EPF Members Should Know Read More »
News
Introduction The Indian stock market experienced a day of consolidation on Thursday as the Nifty Bank index closed flat at 0.0%, which showed that there was no clear direction in banking stocks. With mixed global cues and guarded investor sentiments, the index fluctuated around its previous close, indicating indecisiveness given the major economic data and
Stock Market Update: Nifty Bank Index Ends Flat at 0.0% Read More »
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Introduction Every year, July 31 stands as a crucial deadline for millions of individual taxpayers in India. It’s the last date to file Income Tax Returns (ITR) for the previous financial year—unless extended by the government. In 2025, the big question on everyone’s mind is: Will the government extend the ITR filing deadline beyond July
Govt to Extend ITR Filing Deadline This Year Beyond July 31? Here’s What Experts Feel Read More »
News, Tax planning
Introduction IndusInd Bank explains on fresh accounting irregularities—a move which has left financial communities and retail investors inquiring. The private sector bank has just revealed an accounting discrepancy with regards to a business loan exposure worth Rs 674 crore, inviting questions over processes within and disclosure in the banking system. The issue arose in internal
