Business

Excellent results of Poonawala Fincorp after the market closed, huge jump of 21.8% in profit and AUM crossed Rs 74,000 crore.

Poonawalla Fincorp Limited, a giant with a strong identity in the field of non-banking financial companies (NBFC), has released its unaudited financial results for the September quarter (Q2 FY27) of the current financial year. The company’s performance has been excellent in these figures revealed after the market closed. Investors’ enthusiasm …

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Preparation to launch Jio’s biggest IPO! Price band may be up to ₹1,119, plan to raise ₹30,200 crore

The buzz in the market has intensified regarding the much-awaited IPO of Jio Platforms, one of the largest companies in the country’s telecom and digital services sector. According to a recent report by Bloomberg, the Mukesh Ambani-led company is preparing to create history in the Indian stock market through its …

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Preparation to reduce GST on UPI payment! Discussion on reducing 18% to 5%, know how much relief will be given to common customers and shopkeepers

A big update has come out regarding the Unified Payments Interface (UPI), which has become the biggest means of online payment everywhere from tea stalls to big retail malls across the country. In the important meeting of Goods and Services Tax i.e. GST Council, discussion has started on the important …

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Air travel becomes expensive! Akasa Air and Air India increased fuel surcharge, additional burden of up to ₹ 1200 on domestic tickets

With the onset of the festive season, air travelers planning to go home and travel have faced a major financial blow. Just after the major airline IndiGo increased the fuel surcharge, now Tata Group’s Air India, Air India Express and budget airline Akasa Air have also announced a huge increase …

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GST 2.0: ‘First relief in rates, now ease in procedures’; Many questions were asked to the Finance Minister, know what answers he gave

Major policy and procedural reforms have been announced under ‘GST 2.0’ with the aim of making the country’s indirect tax system more transparent, simple and business-friendly. After the 57th meeting of the GST Council held in New Delhi, Union Finance Minister Nirmala Sitharaman, facing sharp questions from the industry, business …

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Expensive cancer medicines will become cheaper! Preparation for 30% margin cap, patients expect huge relief

Relief news has emerged for lakhs of patients and their families fighting a deadly disease like cancer across the country. The Central Government has taken a historic and decisive step to curb the skyrocketing prices of life-saving anti-cancer drugs. The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers has decided …

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