The Income Tax Department has launched a nationwide survey on FMCG company Marico, sources told Zee Business. Around 200 income tax officials are deployed in the exercise, the sources added. The survey is led by the Mumbai-based income tax investigation unit. Add Zee Business as a Preferred Source At the time of publishing this report,…
Alphabet Inc., the parent company of Google, has crossed a market capitalisation of $3 trillion, becoming only the fourth publicly listed firm to reach this milestone after Apple, Microsoft and Nvidia. The company’s stock climbed 4.3 per cent to close at $251.22 on 15 September 2025, lifting its market cap to $3.05 trillion. Google was…
Infosys’s board has approved a share buyback proposal to the tune of Rs 18,000 crore. The buyback — approved at Rs 1,800 per share — will be at a premium of 19.2 per cent over the current market price and comprise 2.41 per cent of the IT major’s equity. | Image: infosys.com Source link
FMCG stocks have taken centre stage on Dalal Street ever since the all-powerful GST Council announced a slew of rate cuts on everyday essential items, delivering on the PM’s promise of a “big Diwali gift” in the form of “substantial” rate cuts in the indirect taxation system. Here’s how foreign brokerages Jefferies and BofA Securities…
Tata Communications announced strategic collaboration with Cisco to work jointly on eSIM and IoT connectivity services across the global enterprises. After the announcement, the stock of Tata Communications closed at Rs 1549 per share on Monday. Why TATA Communications and Cisco collaborated? The strategic partnership announced aims to “reshape the future of how businesses connect, manage, and…
SpiceJet Q1 Results: Budget carrier SpiceJet slipped into the red in the June quarter, posting a consolidated net loss of Rs 234 crore, weighed down by geopolitical disruptions, weak travel demand, and persistent supply chain snags. This marks a sharp reversal from the Rs 158 crore profit the airline reported in the year-ago period. Revenue from…