Author: Lucas

Exide Industries clarified that there has been no material impact on its business operations due to the ongoing action.By CNBCTV18.com October 30, 2025, 4:41:16 PM IST (Published)1 Min ReadShares of Exide Industries were trading lower after the company postponed its results announcement, citing an ongoing Income Tax department survey at its offices and manufacturing units across India since October 29, 2025.”The proceedings are underway, and the company is extending its full cooperation to the department,” Exide Industries said in an exchange filing. The company also clarified that there has been no material impact on its business operations due to the ongoing…

Last Updated:October 30, 2025, 15:04 ISTBefore you buy or sell any stock, think twice. If you are new to the markets, seek expert advice and learn the basics first, say expertsTrading can be profitable, but it demands research, patience, and emotional control. (AI-generated Image)Trading — whether in stocks, bonds, or currencies — is the act of buying and selling financial instruments in the market with the goal of making a profit. In simpler terms, it is similar to buying and selling company shares on the stock exchange to earn from price fluctuations.“Before you begin trading, you need to study market…

US increased tariff on India to 50% in August, partly for importing Russian oilISTANBUL Indian state-backed refinery HPCL-Mittal Energy Limited (HMEL) said that the enterprise has decided to stop purchasing Russian oil after the US imposed a 50% tariff on India over the issue last month.In a statement, the HMEL, a joint venture of the privately owned Mittal group and the state-run Hindustan Petroleum Corporation Ltd., on Wednesday said further purchases of Russian crude oil were decided to be suspended due to the sanctions, according to The Economic Times newspaper.”HMEL has already taken the decision to suspend further purchases of…

Fiserv’s shares plummeted 44 per cent on Wednesday, wiping out over £24 billion ($30 Billion) in market value after the fintech giant cut its growth outlook and revealed a sharp slowdown in its payment business.The collapse, one of the steepest in the company’s history, followed disappointing quarterly earnings and deepening investor concerns about leadership changes and legal troubles surrounding its Clover platform.Fiserv’s Outlook Slashed and Stock Value ErodesThe Milwaukee-based financial services company reported quarterly adjusted earnings per share of £1.67, far below analysts’ expectations of £2.16. Revenue for the quarter came in at £4.02 billion, missing estimates of £4.39 billion.…

One of the big talking points of the last budget was inheritance tax – and rumours abound of further tweaks at next month’s set piece by the chancellor.So what are the current rules?First up, for those who don’t know, inheritance tax is a tax on someone’s “estate” when they die – ie, a tax on any money, possessions or property left behind.It’s often called “the most hated tax” in the UK – but only around 4% of estates are actually affected by it, meaning most of us will never end up paying it at all.When do you have to pay…

Exide Industries postpones board meeting for Q2 results after Income Tax department survey at offices and manufacturing units. Details here.New Delhi, Oct 30 (PTI) Battery maker Exide Industries Ltd on Thursday said its board meeting to approve second quarter and half-yearly results has been postponed due to the Income Tax department survey at its offices and manufacturing units in India.In a regulatory filing, the Kolkata-based firm said, “The Income Tax department is conducting survey at the company’s offices and manufacturing units in India since October 29, 2025.” The proceedings are underway and the company is extending its full co-operation to…

Last Updated:October 30, 2025, 12:46 ISTSovereign Gold Bonds: The redemption price fixed at Rs 11,992 a unit, which is 303.63% gain over the issue price of Rs 2,971 and nearly 310% over the discounted price of Rs 2,921.The Reserve Bank of India (RBI) has announced the final redemption of Sovereign Gold Bonds (SGBs) under the 2017-18 Series-V, issued on October 30, 2017.The Reserve Bank of India (RBI) has announced the final redemption of Sovereign Gold Bonds (SGBs) under the 2017-18 Series-V, issued on October 30, 2017.The redemption has been permitted today, October 30, 2025, and the price has been fixed…

 Press Joint Press Releaseby Siemens and CapgeminiMunich, Paris, October 30, 2025  Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. Siemens and Capgemini deepen partnership to empower industries for the next era of manufacturing Co-development of comprehensive AI-native assets for product engineering, manufacturing and operationsEnabling organizations to bridge the gap between the business promise of technology and industrial reality, being more flexible, scalable, resilient, and sustainable Siemens and Capgemini expand their…

For the past decade, Jamaica has been building layers of financial protection in the event of a natural disaster. Now, after Hurricane Melissa tore through the country, destroying homes, roads and essential infrastructure, the country’s strategy might pay off — and provide a model for climate-vulnerable nations elsewhere.Last year, the country issued $150 million US in a catastrophe or “cat” bond — triggered in case of certain parameters related to how strong a hurricane is and where it passes through.“They are linked to the central pressure of the hurricane when it makes landfall,” said Florian Steiger, CEO of Icosa Investments,…

“We are delighted to welcome Budget Direct on board as Melbourne Storm’s first Platinum Partner. As a trusted Australian insurance provider, Budget Direct’s commitment to innovation and continued growth aligns perfectly with our club’s vision for sustained success in the years ahead,” he said. Source link