Business

The High Court also accepted the validity of the woman’s later registered Will. (Image for representative purpose only) A property dispute between two sisters over a six-room house in Ludhiana has reached the Supreme Court after the Punjab and Haryana High Court ruled in favour of the elder sister’s adopted daughter. The dispute concerns a…

File photo: N Chandrasekaran A major battle has broken out at Tata Sons after Tata Trusts on Thursday called the board’s decision to reappoint N Chandrasekaran as chairman for another five-year term “illegal”, setting up a potential legal and governance dispute at the top of the Tata Group.The Trusts said the resolution approving Chandrasekaran’s reappointment…

Noel Tata, chairman of Tata Trusts, voted against the proposal. The Tata group leadership crisis has deepened with Tata Sons’ board on Thursday voting to give N Chandrasekaran another five-year term as executive chairman. This has overturned his earlier decision to step down. But Tata Trusts, the conglomerate’s majority shareholder, has rejected the resolution almost…

The NRI woman declared an income of Rs 43,796 for the assessment year 2020-21. (Image for representative purpose only) You file your income tax return but end up under-reporting your income. But, the Income Tax Department treats it as mis-reporting of income and imposes a heavy penalty on you. What happens then?This is the case…

The $2.3 billion offering is among the largest IPOs in India. NSE IPO subscription status today: The National Stock Exchange of India’s Rs 225.69 billion ($2.3 billion) IPO received subscription of 42% on Thursday, the first day of bidding, indicating a somewhat muted opening for one of the country’s most closely watched offerings.Investors bid for…

This is an AI-generated image, used for representational purposes only India, Russia and China on Thursday reacted to a sweeping US sanctions bill that gives President Donald Trump the authority to impose tariffs of up to 100 per cent on countries including India and China over purchases of Russian oil and gas.The US House of…

The biggest impact is likely to be on employees whose PF wages fall between Rs 15,000 and Rs 25,000 per month. For many employees, provident fund (PF) is a deduction they notice on their salary slip every month but rarely think about until they change jobs, need funds for an emergency or start planning for…

Fed hikes rates to 3.75%-4%: FAQs on what it means for credit cards, mortgages, car loans and savings The US Federal Reserve has raised its benchmark interest rate by a quarter percentage point, taking the target range to 3.75%-4%. It is the first rate hike since the summer of 2023.The move is aimed at tackling…

With momentum staying on the negative side, gold looks well-placed to extend its corrective move through the sessions ahead. Gold and silver price prediction today: Both gold and silver prices are expected to remain under pressure in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. Below is his…

Shares of industrial gas producer Steamhouse India made a strong market debut on Thursday, listing at Rs 93 on the BSE, a 14.81 per cent premium over the IPO issue price of Rs 81. On the NSE, the stock opened at Rs 94.50, marking a 16.66 per cent premium. The company’s market valuation stood at…