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BUSINESS

FICCI seeks LTCG tax exemption on equities in Budget wish list
NATIONAL

FICCI seeks LTCG tax exemption on equities in Budget wish list

New Delhi, Nov 4 — The Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Finance Ministry to exempt long-term capital gains (LTCG) tax on listed equities in the Budget for 2027-28, while also calling for a stable 10-year capital gains tax regime, changes to tax rules for…

JK Lakshmi Cement Q2 profit tumbles 74 pc to Rs 21 crore
BUSINESS

JK Lakshmi Cement Q2 profit tumbles 74 pc to Rs 21 crore

Mumbai, Nov 4 — JK Lakshmi Cement on Wednesday reported a sharp decline in profitability for the second quarter of FY27 as higher fuel costs and weaker operating margins weighed on earnings, despite growth in revenue and cement sales volumes.The cement maker posted a net profit of Rs 21 crore for…

Sanmarg Group acquires Tehelka.com
NATIONAL

Sanmarg Group acquires Tehelka.com

Kolkata, Nov 4 — Sanmarg Private Limited has acquired a 100 per cent stake in Tehelka.com Private Limited, marking its entry into the magazine segment and adding to its presence in the digital media landscape, according to a company statement. The group, which publishes a prominent Hindi daily,…