July 29, 2025

Tilaknagar Industries Plans ₹2,296 Crore Fundraise for Imperial Blue Acquisition

Tilaknagar Industries' board approved a preferential issue of securities worth ₹2,296 crore to fund its acquisition of Imperial Blue whiskey from Pernod Ricard. The issue will be priced at ₹382 per security with participation from 44 investors.

July 29, 2025

NTPC Reports 11% Growth in Q1 Profit Despite Revenue Drop

NTPC announced an 11% year-on-year increase in its Q1FY26 net profit, reaching Rs 6,108 crore. However, revenue declined by 3% to Rs 47,065 crore, and profit fell 23% quarter-on-quarter. These results exhibit the company's mixed performance amidst ongoing challenges in the energy landscape.

July 29, 2025

CBDT Extends Income Tax Return Processing Deadline

The CBDT has amended the deadline for processing electronically filed income tax returns invalidated due to technical issues, allowing refunds until March 2026. Assessees are advised that PAN-Aadhaar linking is required for refunds as per existing rules.

July 29, 2025

Decline in Arecanut Import Value Over Three Years

The arecanut import value has seen a steady decline, dropping from $258.19 million in 2022-23 to $143.45 million in 2024-25, according to the Union Ministry of Commerce and Industry. The average prices in domestic markets remain stable, suggesting that imports have not adversely affected local pricing.

July 29, 2025

Radico Khaitan Debuts Premium Vodka 'The Spirit of Kashmyr'

Radico Khaitan has introduced 'The Spirit of Kashmyr', a premium vodka brand, starting in Uttar Pradesh with plans for wider distribution across India. The range features two luxury variants, aimed at enhancing the company's foothold in the growing premium spirits market.