India likely to hand over the keys
The government has taken up a proposal to disinvest India Ports Global’s (IPGL) stake in India Ports Global Chabahar Free Zone (IPGCFZ) to an Iranian entity, an official in the know said. India’s activities at the Iranian port will remain sanctions-free until Sunday, and it is eyeing an arrangement where a local entity would take…
Gemini-powered Siri arrives
Apple is set to launch a new Siri powered by Google’s Gemini model later this year. The update, confirmed by Google Cloud CEO Thomas Kurian at Google Cloud Next 2026 on April 22, builds on Google and Apple’s prior joint announcement that Gemini will support Apple Intelligence features in the future. Although the move signals…
Tax on salary arrears is increasing
Deferred salary dues – whether from late salary increases or settlements – often push employees into a higher tax bracket when paid in the subsequent financial year. To mitigate this, the Income Tax Act, 2025 introduces Form 39, which will replace the current Form 10E from FY27. Salary dues are taxed in the year of…
World’s Best Investment Banks
Home award award winner World’s Best Investment Banks 2026: Asia-Pacific This year’s top Asia-Pacific companies highlight the region’s growing influence in shaping global investment banking trends. The investment banking landscape across Asia-Pacific is defined by scale, sophistication and increasing competition in the capital markets. These regional leaders, like their global counterparts, are taking advantage of…
All 234 and West of Tamil Nadu
Over 57.3 million voters will on Thursday decide the electoral fate of 4,023 candidates contesting for the 234-member Tamil Nadu Assembly. Voting will also be held for 152 out of 294 seats in the West Bengal Assembly in the first two phases, including all 54 seats in eight districts of North Bengal and several seats…
Old vs new tax regime: higher
Why did the new tax system become popular? According to tax experts, the biggest factor behind the appeal of the new tax regime was the introduction of 100 per cent exemption for income up to ₹12.5 lakh, which effectively took a large section of taxpayers out of the tax net. “With low tax rates,…
Vance shares extend losses
Oil stocks fell as traders awaited confirmation that Iran will join the US in peace talks before the ceasefire expires, with the two sides still at odds on key issues. Shares fell further after The New York Times reported that Vice President JD Vance’s diplomatic visit to Islamabad has been put on hold after Tehran…
Indosolar stock down 5%
Indosolar share price: Shares of Vaari Energies subsidiary IndoSolar hit lower circuit by 5 per cent today after the company reported its quarterly results for the quarter ending March 31, 2026 (Q4FY26). The stock hit a low of ₹513.85 on the NSE, down 5 per cent from the previous session’s high of ₹540.85. In comparison,…
World’s Best Investment Banks
Investment banks in the Middle East enjoyed a transformative 2025 with record-breaking Sukuk issuances and high-profile IPOs. In 2025, the Middle East’s investment banking landscape was defined by an increase in strategic transactions, as companies and governments alike sought to capitalize on post-pandemic growth, energy diversification and capital markets reforms. As Middle Eastern countries accelerate…
Maruti Suzuki Fast-Track Products
in conversation with business standardMaruti Suzuki Chairman RC Bhargava said the rampup will include production of 250,000 cars at its Kharkhoda plant in Haryana and another 250,000 cars at its Gujarat plant. This will be done gradually, with production numbers expected to reach 500,000 by the end of FY27. Bhargava pointed out that these factories…
