Mukesh Ambani described Tata as “one of India’s most illustrious and kind-hearted sons.” Ratan Tata passes away: The business world was left in mourning on Wednesday as news broke of the passing of Ratan Tata, a titan of Indian industry. The former chairman of the Tata Group, who had been instrumental in guiding the conglomerate…
Reports of Tata scion, Ratan Tata in ‘critical’ condition have been emerging since evening. He is said to be admitted at the Breach Candy Hospital in Mumbai. Tata was admitted to the hospital on Monday regarding age related conditions.“He is in the hospital now… We shall be issuing an official statement tomorrow (Thursday) morning,” an…
TCS employees receive tax demand notices! The Income Tax Department has issued demand notices to a significant number of TCS employees, ranging from 30,000 to 40,000 individuals, due to discrepancies in their tax deducted at source (TDS) claims. The tax demand varies from Rs 50,000 to over Rs 1 lakh, depending on the employee’s seniority…
NEW DELHI: The combined market valuation of eight out of the top-10 most valued companies declined by Rs 2,01,699.77 crore last week, with Reliance Industries and Tata Consultancy Services being the biggest losers, mirroring the weak trends in the equity market. The BSE benchmark Sensex declined by 1,181.84 points, or 1.43 per cent, during the…
NEW DELHI: Five of the top-10 most valued firms together added Rs 85,582.21 crore in market valuation last week, with Life Insurance Corporation of India (LIC) emerging as the biggest gainer, in-line with positive trend in equities. Last week, BSE benchmark Sensex climbed 299.41 points or 0.39 per cent. The 30-share barometer hit its all-time…
