News for 'fy16'

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Army Lags Behind Navy And IAF In Capital Spending

The army has been behind the other two forces in capex since FY21. IMAGE: Indian military vehicles during the Republic Day parade in New Delhi, January 26, 2026. Photograph: Adnan Abidi/Reuters As...

Will Bihar Lift The Liquor Ban After Polls?

Voters are weighing a stark trade-off -- between preserving a socially driven policy and reversing course to revive revenue, restore fiscal balance, and rein in the underground liquor economy....

Did You Know What Defence Ministry Did This Year?

India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts. IMAGE: Indian Army personnel display...

BJP, Cong got Rs 646.82 crore from unknown sources in FY16

The saffron party received Rs 460.78 crore while the Congress got Rs 186.04 crore. The Bharatiya Janata Party and the Congress together saw more than 77 per cent, or Rs 646.82 crore, of their total...

In non-election year, political donations down 84%

Despite an Election Commission notification, disallowing tax benefits on cash donations to political parties, the cash contribution increased from 0.14% in FY15 to 1.42% in FY16.Saahil Makkar...

SFIO questions IndusInd execs on accounting discrepancies

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details...

From TCS to Wipro, India's top IT companies a gravy train for shareholders

India’s top information- technology (IT) services companies, all cash-rich, have been tightfisted about ploughing back their earnings in new projects or acquisitions and the bulk of the profits...

Sebi bans Wadhawan brothers for five years in DHFL fund diversion case

The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd’s (DHFL) former promoters Kapil and Dheeraj Wadhawan for five years from the securities market...

EV Spark Fires Up R&D Spending By Legacy Two-Wheeler Majors

Hero MotoCorp and TVS Motor crossed Rs 1,000 crore in R&D spend for the first time, as legacy OEMs accelerate innovation to compete with new-age EV players. Kindly note the image have only been...

Costly Mid-Layer Faces IT Layoff Axe

More than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms -- TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Cognizant, and LTIMindtree -- over the...