Reliance Power reported a consolidated net profit of Rs 126 crore for Q4 FY25, a significant turnaround from the previous year’s loss, driven by reduced expenses. The company’s full-year profit stood at Rs 2,947.83 crore, accompanied by substantial debt servicing of Rs 5,338 crore.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while