United Spirits, controlled by Diageo, reported a doubling of its net profit in the March quarter, reaching Rs 241 crore. Revenue also grew by 12.41% year-on-year.

United Spirits Ltd faces water supply stoppage at its Nanded unit due to Rs 345.45 crore bill arrears. The company has challenged the higher tariff levied by the Maharashtra government.

United Spirits Ltd received a tax demand of Rs 5.51 crore for non-submission of statutory forms and delivery proofs related to Pioneer Distilleries Ltd. The company plans to contest the demand.

United Spirits Ltd reported a 63.5% rise in its consolidated net profit to Rs 350.2 crore for the third quarter ended December 2023, driven by premiumisation and resilient consumer demand.

United Spirits Ltd, controlled by Diageo, reported a 63.5% rise in its consolidated net profit to Rs 350.2 crore for the third quarter ended December 2023. The company's revenue from...

Jewellery stocks surged after the Indian government reduced basic customs duty on gold and silver to 6%. Senco Gold, Rajesh Exports, and PC Jeweller saw significant gains.

Finance Minister Nirmala Sitharaman proposes raising the capital gains exemption limit to Rs 1.25 lakh per year for certain financial assets, impacting middle and upper middle class. Read more...

The National Company Law Tribunal has granted an extension till August 10 to IIHL to complete the formalities to implement the resolution plan for bankrupt Reliance Capital. The tribunal directed...

Shares of shrimp producers and exporters soared after the Indian government announced financial support for shrimp farming and marketing in the Union Budget 2024-25.

Indian stock markets experienced volatility during the Union Budget presentation, with the Sensex and Nifty showing mixed trends. The Budget focused on economic growth and inflation control.

Fall Armyworm infestation has been detected in Una district of Himachal Pradesh, posing a significant threat to maize crops. The agriculture department advises farmers to use Coragen insecticide to...

Jewellery stocks surged after the Indian government reduced basic customs duty on gold and silver to 6%. Senco Gold, Rajesh Exports, and PC Jeweller saw significant gains.

Finance Minister Nirmala Sitharaman proposes raising the capital gains exemption limit to Rs 1.25 lakh per year for certain financial assets, impacting middle and upper middle class. Read more...

India's Finance Minister Nirmala Sitharaman announced the abolishment of angel tax for all startup investors in the Union Budget 2023, aiming to boost the startup ecosystem.

India's Finance Minister Nirmala Sitharaman announced a reduction in customs duty on gold and silver to 6% in the 2024-25 budget. Other changes include duty cuts on certain commodities and...