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Hinduja Global–NxtDigital Merger Faces Major Setback As Tax Panel Calls Deal 'A Tax Dodge' | Profit ExclusiveAccording to the order dated Oct. 30, 2025, HGSL had sold its healthcare division for Rs 8,000 crore, generating capital gains of Rs 3,059 crore.
- Oct 31, 2025 13:54 pm IST
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Shrimi Choudhary
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Shipping Corp Privatisation Off The Table? Govt Reassesses Amid Global Geopolitical Shifts — Profit ExclusiveOfficials said the government now sees a larger role for Shipping Corp in navigating disruptions in global trade, and in reducing India’s dependence on foreign vessels.
- Oct 24, 2025 19:17 pm IST
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Shrimi Choudhary
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Emirates NBD Deal With RBL Bank May Delay IDBI Stake Sale | Profit ExclusiveEmirates NBD's $3 billion to acquire a majority stake in RBL Bank may have an inverse impact on the Middle East lender's participation in IDBI Bank stake sale.
- Oct 23, 2025 13:11 pm IST
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Nisha Poddar
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What Could RBI’s Acquisition Financing Norms Look Like?The regulatory easing on acquisition financing was likely owing to the intense competition posed by private credit players, according to a person with direct knowledge of the matter.
- Oct 03, 2025 10:08 am IST
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Vishwanath Nair
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SBI Mutual Fund IPO: India's Biggest AMC Listing To Seek Over Rs 1 Lakh Crore Valuation | Profit ExclusiveIn August, SBI Chairman C S Setty had said that SBI General Insurance and SBI Mutual Fund were under consideration for public listing.
- Sep 19, 2025 10:28 am IST
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Agnidev Bhattacharya
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Calls To Codes: Income Tax Department Launches AI Portal To Expose Evaders | Profit ExclusiveProject Satya is meant to improve accuracy and efficiency, ensuring stronger, evidence-backed cases while operating within the legal framework.
- Sep 16, 2025 11:21 am IST
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Shrimi Choudhary
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Salaried Employees In Armed Forces, Police, PSUs, Schools MNCs Caught In Massive Tax Fraud | Profit ExclusiveDuring a during verification exercise, many intermediaries admitted under oath to having filed returns with false or unsupported deductions and exempt allowances in exchange for commissions.
- Aug 07, 2025 12:56 pm IST
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Shrimi Choudhary
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SEBI Finalising Boosting Presence In Eight Locations To Combat Localised Frauds—ExclusiveThis move by the regulator aims to address market misconduct that often goes undetected in smaller or emerging markets due to limited local presence.
- Aug 05, 2025 14:37 pm IST
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Charu Singh