In a major step toward strengthening cross-border clean energy cooperation, Adani Power and Bhutan’s Druk Green Power Corporation (DGPC) have signed agreements to jointly develop a 570 MW Wangchhu hydroelectric project in Bhutan. The venture, with an estimated investment of ₹6,000 crore, will not only enhance Bhutan’s energy security but also boost power exports to
The government’s much-discussed GST 2.0 reforms were expected to provide significant relief to consumers and industries alike. While several daily-use essentials such as soaps, shampoos, hair oils, shaving creams, and toothpaste have witnessed a steep cut in GST from 18% to 5%, one major fast-moving consumer goods (FMCG) segment has been left out — detergents.
In a landmark corporate development, Vedanta Limited has emerged as the successful bidder for debt-ridden Jaiprakash Associates Limited (JAL), acquiring the diversified conglomerate for a staggering ₹17,000 crore. The high-stakes bidding battle, which also saw interest from the Adani Group, has ended with Vedanta securing one of the largest insolvency resolution transactions in recent years.
As India gears up for the grand festive season of 2025, the country’s biggest e-commerce players — Amazon and Flipkart — are preparing for what could be one of the most competitive online shopping seasons in recent memory. This year, festive sales are expected to get an extra push, thanks to a fresh cut in
GST on luxury cars India’s automobile industry has entered a new phase of tax reform, with the government announcing revised GST slabs that will directly impact the pricing of cars, SUVs, three-wheelers, and other vehicles. At first glance, the news of a 40% Goods and Services Tax (GST) On luxury cars and SUVs may sound
The GST Council’s recent reforms under GST 2.0 have created a wave of discussion across industries and consumers alike. While cigarettes, pan masala, and other “sin goods” have been pushed into a new 40% tax slab, a big question remained — Will alcohol also get costlier under GST? The government has now clarified that Alcohol
After months of uncertainty, Tata Consultancy Services (TCS) has finally announced salary hikes for its employees, bringing some much-needed relief to its workforce. The IT giant confirmed that increments, delayed since April, will now be effective from September 1, 2025. According to company insiders, nearly 80% of TCS employees have received salary increases in the
Cement Prices is the India’s construction industry may soon get a major boost as the Goods and Services Tax (GST) Council is reportedly considering a significant reduction in GST on cement—from 28% to 18%. If approved, this move could bring down retail cement prices by ₹10–₹30 per bag, offering relief to builders, infrastructure companies, and
Global food giant Nestlé has announced a major leadership change after the sudden dismissal of its CEO, Laurent Freixe. The Board of Directors confirmed that Philipp Navratil, a long-serving Nestlé executive with over two decades of experience, has been appointed as the new Chief Executive Officer. This leadership transition comes at a critical juncture for
Tata Capital, the flagship non-banking financial company (NBFC) of the Tata Group, is gearing up for one of the most anticipated Initial Public Offerings (IPOs) of 2025. The company is expected to hit the market later this September, making it one of the largest IPOs in the past decade. With a gross loan book of