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NRIs: TDS compliance for share buybacks

As a resident Indian promoter of a private limited company, I'm buying back shares from a non-resident individual who helped secure export orders. Does this payment fall under the LRS, and what TCS/TDS applies?

LTIMindtree's global markets head quits

TIMindtree Ltd's president of global markets, Sudhir Chaturvedi, has quit the company, leaving chief operating officer Nachiket Deshpande as the frontrunner to succeed current chief executive Debashis Chatterjee, whose term ends later this year.

High on hype: Is it still the rise of CBD products in India?

CBD products may be everywhere in India, but premium pricing and stigma continue to impact their acceptance

AI agent-based platforms are next big thing for biz: Google

Google's agentic models can execute tasks autonomously under human supervision

Macrotech moves HC to stop Abhinandan Lodha's firm using name

The House of Abhinandan Lodha was established in 2021 when Macrotech Developers went public

Does India's Fiscal Profile Need a Facelift?

The role of fiscal policy becomes more crucial in the current cyclical slowdown

India's credit guarantee scheme for startups holds high potential

It provides much needed collateral-free loans at a time when risk capital has been slowing down

Sebi Proposes Stricter Disclosure Norms for Non-Profit Entities

The Securities and Exchange Board of India (Sebi) on Monday floated a consultation paper proposing revisions to the Social Stock Exchange (SSE) framework.

Budget: Can India Switch to a Single Income Tax Rate?

The tax slab rate system has been a cornerstone of India's tax framework since inception.

Founders Step Back From PharmEasy, Eye Consumer Space

Siddharth Shah, the last of the co-founders, will continue to be the MD and CEO of the company

We should grab opportunities held out by uncertainty

Clarity of vision must go with openness to innovation. Five major trends have much to offer India

How To Avoid A Dumping Flood

Trump's tariff war with China will also needle some Indian manufacturers

Multiples eyes $400 mn for continuation fund

The PE firm seeks to raise the money to remain invested in 3 portfolio cos

Tata Motors to pour ₹2k cr a year on CVs

Tata Motors will continue to invest around ₹2,000 crore annually on the development of new commercial vehicles (CV) and capital equipment as the company works on a gamut of technologies to drive towards sustainable mobility, according to its executive director Girish Wagh.

Private banking booms as ranks of super-rich swell

According to the Hurun India Rich List 2024, India saw one new billionaire every five days in the past year

Women, skip the bro-split and try the flow-split

Exercise plans aligned to menstrual cycles can be effective for women

Metro Brands Q3 is fine, but growth lane may be rocky ahead

Metro Brands Ltd's results for the quarter ending December (Q3FY25) showed a decent improvement on some counts.

Hindenburg denies SEC investigation

U.S.-based short-seller Hindenburg Research has said that it is not under investigation by the market regulator US Securities and Exchange Commission (SEC) as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies.

Trump Sworn In a Second Time, Vows 'Golden Age of America'

Trump's Advisers Have Outlined Plans to Replace Nonpartisan Bureaucrats With Hand-Picked Loyalists

Wipro gets back into the game

In top form Wipro's operating margin hit a multi-quarter high in Q3FY25 despite wage hikes.

PVR INOX Launches App Feature for Curated Movie Experience

Buoyed by strong consumer response to re-released films, cinema chain PVR INOX Ltd on Monday introduced a feature allowing movie lovers to create or join customized shows at their preferred cinemas.

Why everyone is trying out stick-it-on patches

From acne to chronic pain relief, the market for transdermal patches is growing. Mint explores the science, and reasons for this growing interest

Billionaire wealth grew 3x faster in '24

Billionaire wealth across the globe surged by $2 trillion in 2024 to $15 trillion at a rate three times faster than the previous year, a study showed on Monday.

Row Over Used Med Device Import Ban

The Medical Devices Rules, 2017 has no provisions for regulation of refurbished medical devices

Astronomical gains in penny stocks land under Sebi lens

The markets regulator has stepped up its surveillance of penny stocks and micro-cap companies that have returned exponential gains in a short period, as per a senior official aware of the matter, as the watchdog continues to increase scrutiny to protect small investors.

Can the Budget Tackle Tax Appeal Delays and Ease Taxpayer Burden?

Government must address the growing backlog of tax appeals and impact of prolonged litigation on taxpayers

Regional OTTs to bolster original slate

Regional content streaming platforms are looking at 2025 as a time to strengthen their slate even as some bigger, foreign over-the-top or OTT services are slowing down original content production as pressures on margins build.

Paytm's merchant acquisitions stretch to global markets

One97 Communications, the parent company of fintech giant Paytm, is expanding its global footprint with new subsidiaries in the UAE, Saudi Arabia, and Singapore after reporting a marginal reduction in net loss to ₹208.3 crore in the third quarter, compared to the same period last year.

Govt selects 24 companies for ₹3,516-crore white goods PLI

38 companies applied in third round; 18 new firms have been provisionally selected

Make the world a better place' seems so outdated as a mission

If Meta's change of heart works, expect other businesses to follow