Marafiq shares drop 10% after Q2 loss replaces prior profit
Marafiq shares drop 10% after Q2 loss replaces prior profit
Category: Business News & Economy
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Foxconn’s monthly revenue hits record in July on AI demand
Nvidia and Apple supplier Foxconn’s monthly revenue hit a record in July, surpassing T$900 billion ($27.93 billion) for the first time on strong AI demand, the Taiwanese company said on Wednesday.
Safilo shares jump 14% on stronger H1 margins
Safilo shares jump 14% on stronger H1 margins
India to get its first plastic notes next year: RBI governor shares timeline, explains benefits
The government has authorised the Reserve Bank of India to print up to 2 billion polymer (plastic) notes – 1 billion each in the Rs 10 and Rs 20 denominations for field trials. At present, there is no proposal to replace paper currency entirely.
Jharkhand student protest: Mahto takes water after Sonam Wangchuk’s appeal, to continue hunger strike
After four days without food or water, Jharkhand student leader Devendra Nath Mahto drank water following an appeal from climate activist Sonam Wangchuk but said his indefinite fast over alleged irregularities in state recruitment examinations would continue.
Rijiju, Rahul Gandhi hold 50-meeting meeting to break Parliament logjam
<a href=”https://timesofindia.indiatimes.com/india/rijiju-rahul-gandhi-hold-50-meeting-meeting-to-break-parliament-logjam/articleshow/132904174.cms”><img border=”0″ hspace=”10″ align=”left” style=”margin-top:3px;margin-right:5px;” src=”https://timesofindia.indiatimes.com/photo/132904174.cms” /></a>
Flipkart employee’s ₹2.33 crore ESOP pay-out is LTCG, not salary: ITAT
The Income Tax Appellate Tribunal ruled that vested ESOPs are not taxable as salary until exercised. It held that gains from Flipkart’s repurchase of unexercised vested stock options are taxable as long-term capital gains, providing clarity on the tax treatment of ESOP buyback transactions.
RBI’s status quo on repo rate to boost festive housing demand, homebuyer confidence: Industry experts
The RBI’s decision to keep the repo rate unchanged at 5.25% is expected to support homebuyer sentiment and sustain housing demand during the festive season, according to real estate industry experts. The central bank also retained its neutral policy stance, citing uncertainties around inflation, monsoon trends, El Niño, geopolitics and global trade policies.