A significant Budget amendment will limit the period for carrying forward losses to the residuary period post-amalgamation from April 1, 2025. This change may affect M&A plans, with some areas needing clarification. However, efforts to expedite merger approvals bring some optimism.
Related news
Elon Musk has emerged as a disruptive force in global politics, leveraging his social media platform, X, and immense influence to intervene in US, UK, and German affairs. In the US, he shapes far-right narratives and advises Donald Trump’s administration. In the UK, he targets Labour leader Keir Starmer over the Rotherham grooming scandal, amplifying divisive rhetoric. In Germany, Musk endorsed the far-right AfD, prompting backlash, including a journalist's resignation. Musk frames his actions... Expand
India's space program is gaining momentum with astronaut Shubhanshu Shukla's upcoming trip to the ISS as part of the Axiom-4 mission, marking the second Indian in space. Following this, the joint Indo-US NISAR satellite, a significant Earth observation project, is scheduled for launch in June. These missions highlight India's growing capabilities and international collaborations in space exploration.
The budget session of Parliament resumes with several controversies simmering, including Trump's tariff comments, duplicate voter ID cards, and the three-language policy. Parliament will discuss the ongoing violence in Manipur and the Waqf amendment bill, with the government seeking approval for President’s rule in Manipur. The state’s budget is also up for discussion.
Kolkata Knight Riders' home IPL match against Lucknow Super Giants on April 6 will be relocated to Guwahati due to security concerns linked to 'Ram Navami' celebrations in Kolkata. Cricket Association of Bengal president Snehasish Ganguly has confirmed the rescheduling after BJP announced extensive processions in the city. The highly anticipated clash between KKR and LSG, owned by RPSG Group chairman Sanjiv Goenka, was expected to attract a packed stadium, with both teams enjoying strong local... Expand
Iran is not allowed to have nuclear weapons because it is a member of the Nuclear Non-Proliferation Treaty (NPT), which it signed along with most other countries. This agreement allows countries to use nuclear technology only for peaceful purposes, like energy, medicine, and agriculture. It strictly prohibits the development of nuclear weapons.
Chennai Super Kings have struggled with chasing high targets in IPL 2025, losing two matches out of three when tasked with 180-plus runs. They now hold a nine-match losing streak for targets over 175 runs, dating back to 2022.
Nasa's plan to return Martian rocks to Earth will be decided by the incoming Trump administration. Initially projected to cost up to $11 billion, the agency now estimates the mission could be completed for under $8 billion by reducing the size and weight of key components. The process involves using Perseverance rover samples, a future spacecraft, and landing the samples in Utah. The program requires funding to avoid delays.
Ravindra Jadeja shined with a 12-wicket haul for Saurashtra, overshadowing the underwhelming performances of Rohit Sharma and Rishabh Pant in the Ranji Trophy. Jadeja's exceptional bowling led Saurashtra to a 10-wicket victory over Delhi. Meanwhile, Rohit and other notable players struggled to make significant contributions, with Shardul Thakur being a standout performer for Mumbai.
A fire in a rented house in Kathua, Jammu and Kashmir, tragically killed six people and injured four others, including a neighbor who assisted in rescue efforts. The victims, residing in the home of a retired DSP, likely died from suffocation. Authorities are investigating the incident and will release the bodies after post-mortems are conducted.
Samajwadi Party chief Akhilesh Yadav criticized the Uttar Pradesh government for the Maha Kumbh stampede, alleging fudging of casualty numbers. He called for an all-party meeting and demanded that disaster management be handed over to the Army. Yadav also questioned the government's handling of investments and accused them of administrative negligence in managing the Kumbh Mela.