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Independent directors at S Chand and Company have finished their second terms. This marks the conclusion of their extended tenure with the publishing firm. Further updates regarding board restructuring are awaited.
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The Chennai bench of CESTAT has set aside a service tax demand amounting to two point twenty-four crore rupees. The tribunal ruled the demand was time-barred despite allegations concerning intermediary services. This decision provides relief against legacy indirect tax claims.
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India's commercial product landscape is undergoing notable shifts. Emerging benchmarks are transforming how technology and finance sectors operate. Industry stakeholders are adapting to these evolving market standards.
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The State Bank of India (SBI) recently convened a roundtable discussion. The event focused on identifying and addressing hurdles in transition finance. Industry participants explored funding mechanisms for sustainable economic shifts.
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SoftBank Group has posted a net loss of seven billion dollars for its fiscal second quarter. The negative financial turnaround was driven primarily by a broader technology sector selloff. Results reflect the fiscal period ending March 31, 2027.
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Bharat Heavy Electricals Limited has received significant relief after tax authorities dropped a Goods and Services Tax demand. The dropped tax liability stands at 207.26 crore rupees for the financial year 2022-23. The development resolves a major indirect tax dispute for the enterprise.
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The Chennai bench of CESTAT has set aside a CENVAT credit demand of fifty-four point ninety-two lakh rupees. The tribunal held that an incorrect unit address on tax invoices does not invalidate credit eligibility. The ruling offers protection against procedural invoice discrepancies.
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Global financial markets are rebounding, marked by rising stock indices and declining crude oil prices. Traders are positioning themselves ahead of incoming United States inflation data releases. Markets remain sensitive to macroeconomic indicators.
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Apparel exporter Pearl Global has recorded its highest-ever half-yearly revenue at Rs 3,330 crore for the period. The milestone reflects robust financial growth for the company during the first half of the fiscal year.
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Titan posted a 25 percent increase in revenue for the second quarter of financial year 2027. The company demonstrated strong financial performance during the period according to the latest market reports. Investors and retail sector analysts are closely reviewing these quarterly figures.
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Jammu and Kashmir Bank has invited online applications for 1,397 vacancies across probationary officer and banking associate roles for 2026. Eligible candidates can submit their applications through the designated online portal. This recruitment drive offers significant employment opportunities within the banking sector.
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The Income Tax Appellate Tribunal in Kolkata has permitted depreciation claims on goodwill generated through a demerger. This ruling provides clarity on tax treatment for corporate restructuring events. Tax professionals are reviewing the decision for corporate client advisory.
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