Everything a finance person must know - re-brewed every 10 minutes
An artificial intelligence platform has uncovered an alleged Goods and Services Tax fraud network valued at ₹5,700 crore. The operation spans 1,500 shell companies across India. A2Z Taxcorp LLP reported on this major detection involving fraudulent entities.
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L&T Finance has launched the second edition of Pitch Point for artificial intelligence startups. Previous winners Arrowhead AI and SpoofSense shared insights from the inaugural contest. New applicants can learn from their experiences scaling up with enterprise support.
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Coonoor tea manufacturers are opposing Tea Board curbs on establishing new CTC tea factories. Industry stakeholders warn that restricted applications for new processing units could negatively impact small tea growers. The local manufacturing community seeks policy revisions from the regulatory body.
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An evaluation of the top five trademark registration service providers in India for 2026 covers fees, filing speed, professional support, and key benefits. Businesses can compare these agencies to choose the most suitable intellectual property filing partner for their needs. The assessment details service offerings available in the market.
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Democratic control of Congress could bring greater scrutiny of Donald Trump’s handling of the Iran and Ukraine wars. Despite this legislative check, he retains broad foreign-policy powers. Observers analyze how divided government impacts international relations and diplomatic strategies.
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HDFC Securities has curated a portfolio of ten stocks for Samvat 2083, including Tata Steel, Coal India, and BEL, to hold until the next Diwali. The brokerage cites favorable industry trends, operational improvements, and growth prospects, providing specific target prices and buying ranges for each equity.
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The Karnataka High Court has ruled that the Enforcement Directorate cannot initiate legal proceedings under an omitted provision of the Foreign Exchange Management Act. The judgment clarifies statutory limitations regarding past regulatory infractions under repealed or deleted legal clauses. The court addressed enforcement powers under the central financial legislation.
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The Madras High Court has ordered the relocation of a Periyar statue located on temple land. The judicial directive addresses property management and religious site boundaries. Legal authorities must ensure compliance with the court's administrative ruling.
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Car owners can now add passenger cover to their existing motor insurance policies mid-term. This option allows policyholders to enhance protection without waiting for annual renewals. Insurers offer this flexibility to improve comprehensive coverage for vehicle occupants.
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Ventura has selected Park Medi World, HDFC Bank, Paytm, Meesho, LG Electronics India, and Ather Energy for its Samvat 2083 Diwali stock recommendations. These picks highlight potential investment opportunities across various market segments for the upcoming Hindu calendar year. Investors are evaluating these counters to determine which specific equity offers the strongest projected upside.
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Gold prices increased across several Indian cities including Coimbatore, Nagpur, Visakhapatnam, Surat, and Jaipur on November 4. Retail bullion markets reflected higher valuation trends for the precious metal. Local jewelers and investors tracked the daily commodity price adjustments.
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The Income Tax Appellate Tribunal in Jaipur has deleted a tax addition that relied exclusively on a third-party statement regarding accommodation entries. The tribunal ruled that additions cannot stand without corroborative evidence or cross-examination rights. This decision protects taxpayers from arbitrary additions based unverified external claims.
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