Tax authorities revive assessment on Tiger Global's Flipkart share sale

IANS | January 16, 2026 9:08 PM

New Delhi, Jan 16 (IANS) The Income Tax Department has revived the assessment proceedings against Tiger Global following the favourable Supreme Court judgment on the capital gains tax that has to be paid by the US equity investor on the sale of Flipkart shares to American retail giant Walmart for Rs 14,500 crore.

Reliance Industries clocks Rs 18,645 crore net profit in October-December quarter

IANS | January 16, 2026 8:40 PM

New Delhi, Jan 16 (IANS) Mukesh Ambani-led Reliance Industries (RIL) reported a consolidated net profit of Rs 18,645 crore in the October-December quarter of the financial year 2025-26 (Q3FY26), which representsa 0.56 per cent increase compared to the corresponding figure of Rs 18,540 crore for the same quarter of the previous financial year.

Pakistan’s rich elite gets richer as others lose out

IANS | January 16, 2026 7:08 PM

New Delhi, Jan 16 (IANS) In Pakistan, the phrase "the 22 families" has been a prominent part of public discourse for decades. It resurfaces time and again, echoing a sentiment held by many that an alarming amount of wealth and power is concentrated in the hands of a small few.

National Startup awardees hail mushrooming of start-ups and enabling environment for their growth 

IANS | January 16, 2026 6:53 PM

New Delhi, Jan 16 (IANS) On the occasion of National Startup Day and the 10th anniversary of the Startup India project, Prime Minister Narendra Modi attended a special event at Bharat Mandapam in the capital. He highlighted the achievements of the Startup India initiative, encouraged young entrepreneurs, and reaffirmed India’s commitment to becoming a hub for innovation and startups.

Dehradun entrepreneur shares how Startup India has been powering lives, transforming businesses

IANS | January 16, 2026 5:30 PM

New Delhi, Jan 16 (IANS) As the startup landscape completed a historic milestone with completion of 10 years of the 'Startup India' initiative on Friday, a Dehradun-based entrepreneur shared the transformative impact of the scheme in his and fellow startup founders' life, while also reminiscing about a virtual yet highly motivating interaction with Prime Minister Narendra Modi.