Business updates

Business updates

Ather Energy Q3 Results: Revenue jumps 50%, net loss narrows in march towards profitability

Ather Energy Q3 Results: Standalone net loss of the EV maker narrowed to ₹84.6 crore, on revenue that increased 50.2% to ₹953.6 crore.>

SBI, LIC emerge as key sellers in $2.5-billion NSE IPO, DRHP likely in 3 months

NSE shares are trading at ₹2,150 in the grey market, implying a valuation of about ₹5.3 lakh crore, making it the world's fourth most valuable exchange.>

Billionaire banker Uday Kotak hails Nirmala Sitharaman's Budget 2026: 'Budget for the real economy'

Uday Kotak said Budget 2026 “works on balancing between financialisation of the economy, and focused development of diverse, deep India long term.”>

Maruti Suzuki weighs a price hike even as demand for its cars outstrips supply

Maruti Suzuki is currently saddled with 1.75 lakh pending orders due to its production constraints, which are likely to persist for “a few more months”.>

India weighs up to 49% foreign stake in PSU banks including SBI to fund growth

Foreign stake in public sector banks is currently capped at 20%, versus 74% for private banks and up to 100% in insurance sector.>

Zerodha's Nithin Kamath isn't sure STT hike on F&O trading ‘will do anything’

The impact of STT hike on F&O trading falls mostly on Futures, while Options—where 95% of trades happen—are far more speculative, Nithin Kamath says.>

Reduction in TCS rates: A welcome course correction

For the past few years, taxpayers have been struggling with very high TCS rates on foreign remittances above ₹10 lakh under the Liberalised Remittance Scheme.>

Xiaomi 17 Ultra By Leica edition rebels against AI-overwhelmed photography

While smartphones obsess with letting algorithms sculpt cameras and reality, Xiaomi and Leica’s approach is comfortable retaining a powerful sense of the moment.>

Budget 2026 extends tax filing deadlines, simplifies forms for individual taxpayers

Budget 2026 has proposed reducing the tax collected at source from 5% and 20% to a uniform 2%, irrespective of the amount spent.>

Tax exempted for motor accident compensations

Starting April 1, 2026, any compensation and interest awarded by the Motor Accidents Claims Tribunals will be entirely exempt from income tax.>

Credits : HTimes