Sebi chairman Tuhin Kanta Pandey urged proactive corporate governance. He stated compliance serves a purpose beyond mere form. Corporate governance is about credibility in decisions, conflict management, and information sharing. He highlighted the hazards of reactive governance as capital markets…
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Flipkart has acquired a majority stake in Minivet AI. This Bengaluru-based startup specializes in generative AI for e-commerce. The acquisition aims to enhance Flipkart’s generative AI capabilities. It will accelerate the shift towards video-led and conversational online shopping experiences. Minivet…
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Union Budget 2026: The Confederation of Indian Industry (CII) has presented its economic roadmap to Finance Minister Nirmala Sitharaman. Key proposals include reducing import duties on raw materials and industrial inputs. CII also advocates for simplified customs procedures and faster…
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Oppo Mobiles India paid ₹1,579 crore in customs duty under protest in FY25 due to disputed classifications and valuations, with over a dozen ongoing inquiries from revenue authorities totaling ₹7,958.44 crore. Despite a 38% revenue drop and 56% profit fall,…
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Companies like Nestle and Maruti Suzuki are expanding capacity. Recent GST rate cuts on daily-use items and vehicles are expected to spur consumption. This investment push indicates a strong bet on India’s consumption story.
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The rupee surged 97 paise to 89.27 per dollar, marking its third straight gain after hitting record lows. Likely RBI intervention, thin year-end trading, strong inflows and risk-on sentiment lifted the currency sharply.
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