News for 'Board of Revenue'

'Ample Room For New Entrants In Equity Exchange'

'Ample Room For New Entrants In Equity Exchange'

Rediff.com31 Aug 2025

'Market momentum and investor interest are at unprecedented levels, making this the opportune moment.'

Why India-Pak clash in Asia Cup will go on as planned

Why India-Pak clash in Asia Cup will go on as planned

Rediff.com28 Jul 2025

In multilateral contests, it would go by the Olympic Charter, which prohibits any discrimination based on political issues, which is why the government has stated that it would not stop Pakistan from coming to India for international events.

Tata Steel Q1 profit more than doubles to Rs 2,007 crore

Tata Steel Q1 profit more than doubles to Rs 2,007 crore

Rediff.com30 Jul 2025

Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.

Cipla Q4 profit up 30% at Rs 1,222 cr

Cipla Q4 profit up 30% at Rs 1,222 cr

Rediff.com14 May 2025

Drug major Cipla on Tuesday said its consolidated net profit increased 30 per cent to Rs 1,222 crore in the fourth quarter ended March 31, 2025. The Mumbai-based drug firm had reported a consolidated net profit of Rs 939 crore for the January-March period a year ago.

Can IPL cash save struggling English county clubs?

Can IPL cash save struggling English county clubs?

Rediff.com19 Jul 2025

The sale of equity in the eight franchises of The Hundred is expected to raise approximately 520 million pounds, a part of which would be shared with the county clubs.

Taxpayers Stuck In Bureaucratic Nightmare

Taxpayers Stuck In Bureaucratic Nightmare

Rediff.com24 Jul 2025

The tax department has created many circular traps -- flawed reporting formats, penalties for those who point out the flaws, and faceless assessors with no accountability. The result: Millions of taxpayers face needless harassment and procedural dead ends, highlights Harsh Roongta.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

Landslides, heavy rains kill 5 in Himachal; 1200 roads closed

Landslides, heavy rains kill 5 in Himachal; 1200 roads closed

Rediff.com1 Sep 2025

Heavy rains and landslides in Himachal Pradesh have resulted in multiple fatalities and widespread disruption, including road closures and train cancellations.

Explained: Waqf And The New Waqf Bill

Explained: Waqf And The New Waqf Bill

Rediff.com4 Apr 2025

Puzzled about the Waqf Bill? Syed Firdaus Ashraf explains how the amended Waqf law will plug loopholes in the existing legislation.

Kerala official suspended over offensive post on crash victim

Kerala official suspended over offensive post on crash victim

Rediff.com13 Jun 2025

A government employee in Kerala has been suspended for making an offensive comment on Facebook about a Keralite nurse who died in the Ahmedabad plane crash.

Why Is SEBI Probing A Trading Giant?

Why Is SEBI Probing A Trading Giant?

Rediff.com21 Jun 2025

Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.

Maruti Suzuki Q2 net profit dips 18%; revenue at Rs 37,449 cr

Maruti Suzuki Q2 net profit dips 18%; revenue at Rs 37,449 cr

Rediff.com29 Oct 2024

Maruti Suzuki India on Tuesday reported an 18 per cent year-on-year dip in consolidated net profit at Rs 3,102 crore for the second quarter ended September hit by the withdrawal of indexation benefit and change in the tax rate on long term capital gains on debt mutual funds. The country's largest carmaker had posted a net profit of Rs 3,786 crore in the July-September quarter of last fiscal.

'India's paint market is highly local and competitive'

'India's paint market is highly local and competitive'

Rediff.com11 Jul 2025

'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'

Grief counsellors to help families of AI crash victims

Grief counsellors to help families of AI crash victims

Rediff.com15 Jun 2025

Teams have been formed and assigned to individual families with a rank of a deputy collector or tehsildar rank officer. Bodies will be handed over to the families and taken in ambulance to the village or district with a police pilot, Pandey said.

Hero MotoCorp Q4 profit up 24% at Rs 1,169 cr

Hero MotoCorp Q4 profit up 24% at Rs 1,169 cr

Rediff.com13 May 2025

Hero MotoCorp on Tuesday posted 24 per cent increase in consolidated profit after tax at Rs 1,169 crore for the fourth quarter ended March 31, 2025 riding on higher margins backed by better product mix, parts revenue and cost effectiveness. The company had reported a consolidated profit after tax (PAT) of Rs 943 crore in January-March FY24.

Cognizant Q1 net income rises 21.4%

Cognizant Q1 net income rises 21.4%

Rediff.com2 May 2025

Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Can Airtel convert AGR dues into govt equity?

Can Airtel convert AGR dues into govt equity?

Rediff.com15 May 2025

Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department of Telecommunications (DoT) to confirm whether it could do so. "On the adjusted gross revenue (AGR) conversion, it was simple.

Can Zohran Mamdani Be New York Mayor?

Can Zohran Mamdani Be New York Mayor?

Rediff.com25 Jun 2025

Zohram Kwame Mamdani would be the city's first Muslim and Indian American mayor if elected New York mayor this November.

M&M Q4 net profit rises 13.34% to Rs 3,541.85 cr

M&M Q4 net profit rises 13.34% to Rs 3,541.85 cr

Rediff.com5 May 2025

Mahindra & Mahindra Ltd on Monday reported a 13.34 per cent rise in consolidated profit after tax at Rs 3,541.85 crore in the fourth quarter ended March 31, 2025 led by good performance from auto and farm equipment sectors. The company had posted a consolidated net profit of Rs 3,124.94 crore in the same quarter of the previous fiscal, Mahindra & Mahindra (M&M) said in a regulatory filing.

Revenue sharing model completely broken: Cricket WI CEO

Revenue sharing model completely broken: Cricket WI CEO

Rediff.com16 Jan 2024

'Hopefully, the South Africa series has woken up the Australian media to the realities of what it's like to operate Test cricket, and unless the boards change the economic model, I don't think Test cricket will thrive outside of the Big Three.'

How Jane Street Made Rs 36,500 Crore

How Jane Street Made Rs 36,500 Crore

Rediff.com7 Jul 2025

SEBI alleges Jane Street placed bets on the stock market falling and then acted in a way to make the market actually fall so it could win its bet.

50 embroiled in land dispute join BJP hours after Waqf Bill passed

50 embroiled in land dispute join BJP hours after Waqf Bill passed

Rediff.com4 Apr 2025

Hours after the Waqf (Amendment) Bill was passed in Parliament, 50 individuals embroiled in land disputes in Kerala's Munambam joined the BJP, hoping for a resolution to their claims. The residents, who have been protesting for 174 days, allege that the Waqf Board is claiming ownership of their properties. BJP leader Rajeev Chandrasekhar assured them of the party's support and a meeting with Prime Minister Narendra Modi to express gratitude. The BJP capitalized on the Catholic Church's support for the legislation, accusing the Congress and the Left of appeasement politics. The opposition, however, questioned the impact of the bill on the Munambam issue.

The Teen Who Built A Tax Education Game

The Teen Who Built A Tax Education Game

Rediff.com5 Aug 2025

Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.

11 crash victims identified through DNA testing so far

11 crash victims identified through DNA testing so far

Rediff.com14 Jun 2025

Authorities at the Ahmedabad Civil Hospital have so far identified eleven victims of the June 12 Air India plane crash through DNA testing and started the process to hand over the bodies to their relatives, officials said on Saturday.

RCB stampede: KSCA officials resign; state govt orders CID probe

RCB stampede: KSCA officials resign; state govt orders CID probe

Rediff.com7 Jun 2025

According to ESPNCricinfo, the resignation has been submitted to the president of the Board, Raghuram Bhat.

Pak gets $1 bn as second tranche from IMF; budget under scanner

Pak gets $1 bn as second tranche from IMF; budget under scanner

Rediff.com14 May 2025

The disbursement of the second tranche comes on a day when the International Monetary Fund is holding virtual discussions on Pakistan's upcoming budget, as the visit of its mission to Islamabad was delayed due to security concerns in the region.

Pak hikes defence budget amid tension with India

Pak hikes defence budget amid tension with India

Rediff.com11 Jun 2025

Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India.

England's Pakistan tour hanging in balance

England's Pakistan tour hanging in balance

Rediff.com13 Sep 2024

'The Chairman has made it clear that relocating the series would damage the image of the PCB, and Rawalpindi and Multan should be used as the venues for the three-match series.'

'No Sane Pilot Would Shut Off Fuel'

'No Sane Pilot Would Shut Off Fuel'

Rediff.com21 Jul 2025

'In multi-pilot operations, no critical switch can be moved without the other pilot's consent.'

Infosys drops 195 trainees in third such layoffs in 2025, offers training

Infosys drops 195 trainees in third such layoffs in 2025, offers training

Rediff.com30 Apr 2025

Infosys has laid off 195 trainees for failing internal assessments, according to emails sent by India's second largest IT services firm. It is the company's third layoff of trainees this year. As many as 320 trainees were dropped in February on similar grounds and 240 earlier this month.

PCB unhappy with ICC's revenue sharing model

PCB unhappy with ICC's revenue sharing model

Rediff.com16 May 2023

"In principle, India should get more, there is no doubt about that but ... how is this table being developed?" Sethi said.

IndiGo posts highest Q4 profit of Rs 3,068 cr on strong air travel demand

IndiGo posts highest Q4 profit of Rs 3,068 cr on strong air travel demand

Rediff.com21 May 2025

InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand. The company's profit after tax in the three months ended March 2025 jumped 62 per cent from Rs 1,894.8 crore in the year-ago period.

How Eveready plans to double revenue

How Eveready plans to double revenue

Rediff.com11 Sep 2023

Eveready Industries India will launch a new category in Financial Year 2024-25 (FY25) as it works to double revenue, said a senior executive of the country's largest dry cell battery maker. It could be an adjacency or a new product under the Eveready brand and a final decision is expected by the end of this financial year. "We are currently working on that exercise; it's on the drawing board," said Suvamoy Saha, managing director of Eveready.

'The demand for health insurance is fine'

'The demand for health insurance is fine'

Rediff.com22 Jun 2025

'The retail industry is still growing in double digits.'

Should You Invest In Defence Funds?

Should You Invest In Defence Funds?

Rediff.com21 May 2025

Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.

TCS calls Gen AI a 'civilisational shift'

TCS calls Gen AI a 'civilisational shift'

Rediff.com28 May 2025

India's largest IT services company TCS believes that generative artificial intelligence (AI) is not just another tech cycle but a "civilisational shift" which will positively benefit every industry.

BCCI Plays Down Report of India Boycotting Asia Cup

BCCI Plays Down Report of India Boycotting Asia Cup

Rediff.com19 May 2025

'The Asia Cup matter or any other ACC event issue has not come up for discussion at any level, hence any news or report on that is purely speculative and imaginary.'

Waqf Islamic concept but not essential to it: Centre to SC

Waqf Islamic concept but not essential to it: Centre to SC

Rediff.com21 May 2025

The Indian government defended the Waqf (Amendment) Act, 2025 in the Supreme Court, arguing that waqf, while an Islamic concept, is not an essential part of Islam. Solicitor General Tushar Mehta stated that waqf is essentially charity, which is recognized across religions, and cannot be considered a fundamental tenet of any faith. He also argued that the amended law addresses secular aspects of waqf and activities unrelated to Islam, and that "waqf by user" does not grant ownership of public land. Mehta highlighted the extensive consultations involved in the bill's creation, including feedback from various stakeholders. The hearing will continue on Thursday.

Maruti Suzuki Q4 net profit dips 1% on higher expenses

Maruti Suzuki Q4 net profit dips 1% on higher expenses

Rediff.com26 Apr 2025

Auto major Maruti Suzuki India on Friday said its consolidated net profit declined by 1 per cent year-on-year to Rs 3,911 crore in the fourth quarter ended March 31, 2025, on account of higher expenses. The country's largest carmaker reported a net profit of Rs 3,952 crore in the January-March quarter of FY24.