Govt clears proposal for MCL listing, Coal India to divest up to 25% stake
The listing would happen through a combination of fresh equity issuance and disinvestment by Coal India through an offer for sale.
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One soundbox soon for all payment apps as NPCI readies platform
NPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multiple devices. This move could significantly reduce costs for small businesses and streamline payment confirmations across all apps, fostering greater…
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Karnataka rolls out new alcobev policy, distillers unhappy
Bengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drinks cheaper. This aims to match prices with nearby states. Local distillers worry about sales. They feel the…
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India’s 'China-plus-one' push needs tax ease and fast-track FTAs with developed nations: Arvind Virmani
India must reform its tax system and streamline clearances to attract global investments moving away from China. Economist Arvind Virmani emphasizes prioritizing Free Trade Agreements with developed nations. This strategy aims to integrate India into global value chains. The focus…
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Wake up, smell their coffee: What India needs to do to allay concerns of fleeing foreign investors
The complexity of India’s tax framework is causing hesitation among foreign investors, with recent capital outflows underscoring this issue. To foster a more inviting investment climate, the government needs to tackle the unpredictability in taxation and streamline bureaucratic processes.
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TCS CEO K Krithivasan takes home over ₹28 crore in FY26 annual pay package
Tata Consultancy Services CEO & MD K Krithivasan’s remuneration reached over ₹28 crore in FY26, a 6.3% increase year-on-year. This figure includes salary, benefits, and a significant commission.
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