Author name: aumnamaah@gmail.com

on August 15, 2026 at 8:33 am Income-tax penalty over ₹3.71 lakh political donation deduction: ITAT Ahmedabad deletes ₹2.31 lakh penalty​

ITAT Ahmedabad has deleted a ₹2.31 lakh income-tax penalty imposed on a taxpayer over a ₹3.71 lakh political donation deduction claimed under Section 80GGC. The tribunal said the tax department failed to clearly establish how the claim amounted to under-reporting or misreporting of income.

ITAT Ahmedabad has deleted a ₹2.31 lakh income-tax penalty imposed on a taxpayer over a ₹3.71 lakh political donation deduction claimed under Section 80GGC. The tribunal said the tax department failed to clearly establish how the claim amounted to under-reporting or misreporting of income.

on August 14, 2026 at 8:31 pm Elon Musk’s SpaceX gears up to take on rivals OpenAI, Anthropic with $60 billion acquisition of AI startup Cursor​

SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musk’s bid to gain ground on rivals Anthropic PBC and OpenAI.

SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musk’s bid to gain ground on rivals Anthropic PBC and OpenAI.

on August 14, 2026 at 8:27 pm Reliance, Rolls-Royce join hands to develop indigenous engine for AMCA — full details here​

Reliance Industries and Rolls-Royce announced a partnership to develop a combat aircraft engine for India’s AMCA programme, aiming to enhance domestic fighter-jet propulsion capabilities. They plan to establish an Aerospace Gas Turbine Complex in India for the entire engine lifecycle.

Reliance Industries and Rolls-Royce announced a partnership to develop a combat aircraft engine for India’s AMCA programme, aiming to enhance domestic fighter-jet propulsion capabilities. They plan to establish an Aerospace Gas Turbine Complex in India for the entire engine lifecycle.

on August 14, 2026 at 10:00 am Technocraft Ventures share price makes a bumper debut, stock opens with a 34% premium at ₹284 apiece on NSE​

Technocraft Ventures shares debuted strongly, opening at ₹284 on NSE, 33.96% above the issue price of ₹212. The IPO was subscribed 38.69 times, highlighting robust investor interest, particularly from non-institutional buyers who subscribed 65.06 times.

Technocraft Ventures shares debuted strongly, opening at ₹284 on NSE, 33.96% above the issue price of ₹212. The IPO was subscribed 38.69 times, highlighting robust investor interest, particularly from non-institutional buyers who subscribed 65.06 times.

on August 14, 2026 at 9:59 am SGB 2019-20 Series III redemption today: ₹1 lakh investment turns ₹4.44 lakh as RBI fixes price at ₹15,310​

SGB 2019-20 Series III investors can opt for premature redemption from August 14, 2026, with RBI fixing the redemption price at ₹15,310 per unit. At the ₹3,449 issue price, the gold bond has delivered an absolute gain of about 344%.

SGB 2019-20 Series III investors can opt for premature redemption from August 14, 2026, with RBI fixing the redemption price at ₹15,310 per unit. At the ₹3,449 issue price, the gold bond has delivered an absolute gain of about 344%.