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Bandhan Bank unveils GST payment service, enhancing access to government services and confirming its role in revenue collection in West Bengal.

Bandhan Bank unveils GST payment service, enhancing access to government services and confirming its role in revenue collection in West Bengal.

Bandhan Bank has introduced a new service enabling both customers and non-customers to pay Goods and Services Tax (GST) online and offline. This initiative is part of the bank’s commitment to providing easier access to government services, according to Rajinder Babbar, Executive Director and Chief Business Officer. As a Kolkata-based private bank, Bandhan Bank has ...

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Tata Digital narrows losses; Bigbasket thrives with rising revenue, while Tata 1MG turns profitable amidst strategic restructuring.

Tata Digital narrows losses; Bigbasket thrives with rising revenue, while Tata 1MG turns profitable amidst strategic restructuring.

In FY24, Bigbasket, India’s leading e-grocery platform, reported a revenue increase of 5.7%, reaching Rs 2,391.83 crore, compared to Rs 2,261.28 crore in FY23. The company also narrowed its losses to Rs 128 crore from Rs 215.21 crore the previous year. Tata Digital, the e-commerce division of Tata Sons, saw its losses shrink to Rs ...

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Indian IT sector sees a 6% revenue per head rise, but faces intense margin pressure amid peak operating metrics.

Indian IT sector sees a 6% revenue per head rise, but faces intense margin pressure amid peak operating metrics.

The Indian IT sector saw a 6 percent year-on-year increase in revenue per head in the first quarter of financial year 2025, driven mainly by higher efficiency and subcontracting, rather than pricing improvements. Infosys led large companies with a 9 percent rise, while mid-tier firms like Persistent Systems and KPIT reported even stronger growth. However, ...

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The GST Council weighs options to reduce health insurance taxes, potentially aiding affordability while impacting government revenue significantly.

The GST Council weighs options to reduce health insurance taxes, potentially aiding affordability while impacting government revenue significantly.

The GST Council is set to discuss four proposals to alter the tax treatment of health insurance during its upcoming meeting. These options stem from a request to reduce taxes on health insurance products, aiming to make them more affordable. The proposals include fully exempting all health insurance premiums, cutting the GST rate from 18% ...

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Rebel Foods Slashes Losses with Notable Revenue Surge in FY24

Rebel Foods Slashes Losses with Notable Revenue Surge in FY24

Rebel Foods, the parent company of popular cloud kitchen brands like Faasos, Behrouz Biryani, and Oven Story, has reported a significant improvement in its financial performance for the fiscal year 2024. The company narrowed its consolidated loss to Rs 378.21 crore, down from Rs 656.55 crore in the previous year. Revenue from operations grew by ...

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Warner Bros. Discovery’s First Quarter Report Shows Drop in Streaming Revenue

Warner Bros. Discovery recently released their first-quarter earnings report, revealing a surprising loss in their streaming services. Despite this setback, the entertainment giant continues to innovate and adapt to the ever-changing media landscape. Stay tuned for more updates on their financial performance and future strategies. Click to Claim Latest Airdrop for FREE Claim in 15 ...

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Arm’s stock price drops as investors unimpressed by annual revenue forecast

Arm shares took a hit today as the technology company’s annual revenue forecast fell short of investor expectations. The disappointing news sent the stock tumbling, leaving shareholders feeling uneasy about the company’s future prospects. Despite Arm’s strong Market position, investors are now questioning whether the company can deliver on its growth promises. Click to Claim ...

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Emirates Airlines Announces New Appointments Across Commercial Operations Team

Emirates Airlines Announces New Appointments Across Commercial Operations Team

Emirates Airlines, the world-renowned aviation company based in Dubai, has recently announced new appointments across its commercial operations team. The new appointments are aimed at strengthening the company’s leadership and enhancing its customer-centric approach. In this article, we will provide a comprehensive analysis of the new appointments, their roles, and how they will contribute to ...

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