Business

Ambuja Cement acquires Penna Cement for RS 10,422 Crore

AHMEDABAD: Adani Group-owned Ambuja Cement on Thursday announced a landmark acquisition of Penna Cement Industries Limited (PCIL) at an enterprise…

5 months ago

How are different fund of funds taxed?

A Fund of Funds (FoFs) is a mutual fund that invests in other mutual funds or ETFs instead of directly…

5 months ago

Markets decline in early trade on profit taking after record-breaking rally

Representational image of the Bombay Stock Exchange Benchmark equity indices declined in early trade on Tuesday amid profit taking after…

5 months ago

Simplify rate structure, include informal economy in tax ambit: Tax experts

MUMBAI: India can reduce taxes, maintain a low tax to GDP ratio and still collect robust taxes because of its…

5 months ago

Rupee opens flat against US dollar in early trade

Indian Rupee notes are seen in this picture illustration taken in Mumbai. | Photo Credit: REUTERS The rupee opened on…

5 months ago

Modi 3.0 100-day plan: How good are India’s schools doing? Know real time soon with a few clicks!

Modi government’s 100-day agenda for education: The education ministry's 100-day plan aims to assess the true state of the country’s…

5 months ago

Rupee falls 10 paise to 83.50 against U.S. dollar in early trade

Image used for representational purpose only. | Photo Credit: Reuters The rupee depreciated 10 paise to 83.50 against the U.S.…

5 months ago

Bangladesh military unhappy with weapons imported from China; complains of ‘sub-standard’, faulty parts

Bangladesh, a long-time purchaser of Chinese military equipment, has lodged complaints with Beijing regarding the supply of defective components and…

5 months ago

Sensex breaches 77,000-mark for first time; Nifty hits new record high level in early trade

BSE Sensex. File. | Photo Credit: REUTERS Benchmark equity indices hit their all-time high levels in early trade on Monday,…

5 months ago

Adani Group prepares $3 billion war chest to dethrone Aditya Birla Group’s UltraTech Cement

Adani Group looks to dethrone UltraTech Cement: The Adani Group is actively considering the acquisition of multiple cement companies, including…

5 months ago