Meesho tax demand triples to Rs 2,072 crore in FY26
The income tax demand on ecommerce platform Meesho has surged to Rs 2,072 crore in financial year 2025-26, more than three times the original notice. Tax authorities had initially raised a demand…
Business & Economy57- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
3143Articles
MRPL cuts West Asia crude share to 27%
Mangalore Refinery and Petrochemicals Ltd said crude sourced from West Asia fell from about 66% in 2022-23 to around 27% in the first quarter of 2026-27. Russian crude supplies also declined from…
Alstom eyes new Indian Railways order for 200 locomotives
French train maker Alstom is in talks with Indian Railways for an order to build 200 more electric freight locomotives at its Madhepura plant in Bihar. The existing contract for 800 engines…
TVS SCS and Sankyu partner, Japanese firm to buy 0.5% stake
TVS Supply Chain Solutions (TVS SCS) and Japan's Sankyu Inc. have formed a strategic partnership to target supply chain and engineering services, starting in India and expanding to Asia, the Middle East…
Lufthansa says India overtakes China in premium aviation demand
Lufthansa Group has said India is now its second-largest intercontinental market after the United States, surpassing China in its Asian hierarchy. The airline has expanded capacity to India this year, operating up…
FCNR deposits may hit $90-100 billion by August 31, analysts say
Analysts now expect FCNR(B) deposits mobilised under the RBI's concessional swap scheme to reach $90-100 billion by the August 31 deadline, up from earlier estimates of $70-80 billion. Jefferies India revised its…
Yamaha R2 teased ahead of India launch on 27 August
Yamaha has released the first official teaser of its new fully-faired motorcycle, the Yamaha R2, ahead of its India debut. The bike will slot above the popular R15 in the company's R-Series…
RMZ appoints Ankit Samdariya to lead $35 billion expansion drive
RMZ Corp has appointed Ankit Samdariya as managing director of equity capital markets, as the real estate firm looks to raise capital for a $35 billion expansion plan over the next five…
Paluck Technologies IPO opens August 28, price band set at Rs 46-48
Paluck Technologies has set a price band of Rs 46 to Rs 48 per share for its initial public offering on the BSE SME platform. The issue opens for subscription on Friday,…
Coal India sets up Singapore subsidiary for critical minerals
State-run Coal India Ltd has incorporated a wholly owned subsidiary, CIL Global Pte Ltd, in Singapore to acquire and manage critical mineral assets overseas. The company subscribed to 500,000 shares at S$1…
