Paytm shares dip after govt denies MDR on UPI transactions
Shares of One 97 Communications, the parent company of Paytm, fell by up to 10 per cent on Thursday, hitting a low of Rs 864.20 on the Bombay Stock Exchange (BSE).
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Bombay HC orders raids in Gopal Snacks’ trademark case
Gopal Snacks Ltd. secured a court order. This led to raids in Surat and Mumbai. The raids targeted entities using similar trademarks. Authorities seized counterfeit goods and packaging. The Bombay High Court appointed court commissioners. The company alleged trademark infringement…
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Rs 11 lakh crore corporate capex beats govt capex; RIL top contributor: Report
Corporate capex by listed non-financial companies jumped 20% YoY to over Rs 11 lakh crore in FY25, exceeding the government’s spending and reflecting broad-based growth, per ICICI Securities. While Reliance Industries led in scale despite flat growth, capex in telecom…
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IKEA to raise its India sourcing to 50% from 30%
IKEA plans to increase its sourcing from India to 50%. Currently, it stands at 30%. Benjamin Dausa, Sweden’s minister, announced this. He urged India and the EU to create a trade agreement. This agreement should address tariff and non-tariff barriers.…
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Nishith Mehta joins Cyril Amarchand Mangaldas as Head of Financial Regulatory & Compliance
Nishith Mehta joins Cyril Amarchand Mangaldas (CAM) as Head of Financial Regulatory & Compliance in Mumbai. With over 25 years of experience, he previously co-headed Asia Pacific Compliance and Operational Risk at Bank of America Merrill Lynch. His addition will…
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India slips to 131st position in Global Gender Gap Index 2025
India’s gender parity ranking slipped to 131 out of 148 countries in the World Economic Forum’s 2025 report, despite improvements in economic participation and health. Political empowerment declined due to reduced female representation in parliament and ministerial roles. Bangladesh leads…
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