The Mumbai bench of Income Tax Appellate Tribunal ruled that late income tax return filings shouldn't automatically incur penalties. This ruling emphasizes that penalties should be based on actual under-reporting of income rather than just filing delays. The tribunal found no undisclosed income i...
business
Mumbai: UTI Asset Management Company (AMC) reported a 22% year-on-year increase in its consolidated core profit after tax (PAT), reaching ₹131 crore for the quarter ended 30 September 2026. The company’s total group assets under management (AUM) stood at ₹16,28,189 crore. Quarter...
News
Rahul Narwekar has been appointed as the India Region representative on the Commonwealth Parliamentary Association's Executive Committee. This significant role reflects the contributions of the Maharashtra Legislature to global parliamentary traditions. Narwekar's participation w...
business
Mumbai: Oracle Financial Services Software , a subsidiary of Oracle, reported a consolidated net income of ₹702 crore for the quarter ended September 30, 2026, marking a 29 per cent increase compared to the same period in fiscal year 2026. The company’s consolidated revenue for t...
Local
Mumbai: Mumbai woke up to hot and humid conditions on Saturday, with largely clear skies and little immediate relief from the ongoing spell of high temperatures. The India Meteorological Department (IMD) has forecast generally clear skies throughout the day, with the maximum temp...
business
Mumbai: TruAlt Bioenergy Limited announced its financial results on October 23, 2026, for the second quarter and half year ended September 30, 2026, showing substantial growth in profitability and revenue. Financial Performance For H1 FY27, the company's profit after tax was ₹94....
News
MEA spokesperson Randhir Jaiswal on Friday said the “border areas get disturbed from time to time” when Chinese forces diverge from “established patrolling patterns.” MEA Responds To ITBP Chief's Remarks On Faceoff The remarks came after he was asked to comment on the remarks mad...
schools
Berlin, Oct 24 (IANS) Union Minister for Commerce and Industry, Piyush Goyal, interacted with Indian science and technology researchers and students in Berlin, Germany, discussing ways to strengthen support for Indian talent abroad and encouraging them to contribute to the countr...
safety
Mumbai: The Maharashtra Anti-Terrorism Squad (ATS) has arrested a 33-year-old man from Mumbai’s Mahim area for his alleged links with the banned terrorist organisation Jaish-e-Mohammed (JeM) and for circulating inflammatory content linked to the outfit. Investigators found object...
