The Press Editor

The company's stock ended the trading session in the red 40.72 down 4.66 per cent or Rs 1.99 on the BSE. During the day, the stock had touched a high of Rs 44.70 and a low of Rs 40.58. Mumbai: Shares of Hyderabad-headquartered MIC Electronics Limited (MICEL), a small-cap company with a market cap of Rs 990.32 crore, have released its December quarter results. According to the information shared, the company reported mixed results for Q3 FY26. Net sales rose 80 per cent year-on-year to Rs 90.23 crore from Rs 50 crore a year ago. However, net profit fell 13.36…

Education Budget 2026: The government has announced to set up Animation, Visual Effects, Gaming and Comics (AVGC) Content Creator Labs in 15,000 secondary schools and 500 colleges in collaboration with Indian Institute of Creative Technologies, Mumbai. New Delhi: In an aim to boost animation sector, the government has announced to set up Animation, Visual Effects, Gaming and Comics (AVGC) Content Creator Labs in 15,000 secondary schools and 500 colleges in collaboration with Indian Institute of Creative Technologies, Mumbai.  The education sector has witnessed an increase in allocation this year's budget, Finance Minister Nirmala Sitharaman announced an allocation of Rs 1,39,289.48…

However, for credits brought forward as of April 1, 2026, companies can use them to offset up to 25 per cent of their total tax liability within the new regime. New Delhi: To encourage the shift to the new tax regime, the government is repositioning Minimum Alternate Tax (MAT) as a final tax for those who opt in. The announcement was made in the Union Budget 2026-27 and will impact companies that are still under the old tax regime. The MAT rate is reduced from 15 per cent to 14 per cent. Once paid under the new regime, this…

The funds will be directed towards critical projects such as new rail lines, track doubling and electrification, station redevelopment, procurement of modern rolling stock, and safety upgrades. New Delhi: The Union Budget 2026 has allocated a record Rs 2.78 lakh crore for the Ministry of Railways, marking the highest-ever allocation for the sector. The increased outlay shows the Centre’s strategy of leveraging rail infrastructure to boost economic activity, enhance logistics efficiency and create large-scale employment. In the previous financial year (FY26), Indian Railways received a total allocation of Rs 2.55 lakh crore, including Rs 2.52 lakh crore towards capital expenditure. …