Apple is in talks with Bharat Forge to make it a supplier, potentially manufacturing components like mechanics. This follows partnerships with Indian firms like Tata Group and Motherson. As Apple shifts production outside China, Indian suppliers like Foxconn and Tata…
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As an unusually early summer approaches, manufacturers of seasonal products like air-conditioners, soft drinks, ice creams, and beer are ramping up production. Companies such as Voltas, Varun Beverages, and Amul are increasing capacity and stock replenishment cycles to meet anticipated…
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The private sector accounted for nearly 56 per cent (FY24) and nearly 70 per cent (nine month in FY25) of these announcements in the April-December 2024 period, signalling strong corporate confidence.
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The Indian government may soon introduce a social security plan for gig and platform workers, with the labour ministry developing a customised policy. The scheme aims to ensure fairness without cross-subsidization, potentially starting next financial year, and will establish both…
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GST exemption on life insurance premiums: At present, a high GST rate of around 18% on life and health insurance premiums makes plans too costly, which leads to many people potentially forgoing proper insurance coverage. But if both life and…
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Star Health and Allied Insurance Company received an order from the Additional Commissioner of GST & Central Excise, Chennai, imposing a tax demand of ₹33 crores along with interest and penalty for alleged non-payment of GST on coinsurance transactions. The…
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