Profit by knowlytics
Hindalco Industries reported a record 75% year-on-year jump in June-quarter consolidated net profit to Rs 7,013 crore, driven by strong India aluminium and copper operations and a recovery at Novelis. Revenue rose 32% to an all-time high of Rs 84,825 crore, while EBITDA surged 73% to Rs 14,989 crore, reflecting robust operational performance despite exceptional…
Retailers are adapting websites for AI product discovery and recommendations. They aim to keep customer transactions on their own platforms. This strategy helps them collect valuable data for future sales. AI platforms are driving significant revenue per visit for retailers. Consumers still prefer completing purchases on retailer websites for now.
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NRIs engaging in property transactions in their home country should be aware of compliance issues like TDS, repatriation limits, and FEMA regulations. Informed decisions are crucial to avoid financial pitfalls, penalties and complexities in capital gains tax calculations.
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