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Hindustan Unilever names ex-Hero MotoCorp boss Niranjan Gupta as CFO

Hindustan Unilever has appointed Niranjan Gupta, previously CEO of Hero MotoCorp, as its new finance chief, effective November 1. He succeeds Ritesh Tiwari, who will transition to the role of Global Head of M&A and Treasury for Unilever in London.…

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Still avoiding PVs in auto and FMCG, negative on IT; hospitality a better play on GST: Dinshaw Irani

Helios Mutual Fund is adjusting its portfolio. The focus is shifting towards electric vehicle two-wheeler companies. A new addition in this space is expected soon. The fund remains cautious on passenger vehicles and negative on the IT sector due to…

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JSW Sarbloh Motors forms JV with Tomcar USA for production of ATV in India

JSW Sarbloh Motors has partnered with Tomcar USA to manufacture TX all-terrain vehicles in India, targeting defence and paramilitary agencies. Production is slated to begin by early 2026 at JSW’s Chandigarh facility, with upcoming field trials. This joint venture aims…

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Riding high on Wegovy, Novo Nordisk doubled its workforce. Now layoffs loom

Novo Nordisk faces potential layoffs after a period of rapid expansion fueled by the success of Wegovy. The company’s workforce nearly doubled in five years, but slowing sales and increased competition are now putting pressure on costs. A hiring freeze…

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EAM Jaishankar roots for increased Indian exports of agri, pharma to Russia

External Affairs Minister S. Jaishankar, after meeting Russian Foreign Minister Sergey Lavrov, reaffirmed India and Russia’s commitment to expanding bilateral trade. He stressed the need for a more balanced relationship by boosting Indian exports in sectors like agriculture, pharma, and…

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Rajya Sabha passes Online Gaming Bill amid opposition protests

Rajya Sabha has passed ‘The Promotion and Regulation of Online Gaming Bill’ amidst opposition protests. Union Minister Ashwini Vaishnaw highlighted the bill’s focus on promoting e-sports and online social games while addressing concerns about online money games becoming a public…

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  • Bought a ₹50 lakh LIC policy on ₹4.81 lakh income? Why ITAT rejected the woman’s claim and upheld the tax addition

    A woman who declared ₹4.81 lakh income invested ₹50 lakh in an LIC policy, claiming the money came from her late husband’s HUF. ITAT rejected her explanation for lack of evidence and upheld the ₹50 lakh addition as unexplained investment.

  • CBDT notifies Form 173A for government securities: New tax exemption rules for eligible foreign investors

    CBDT has notified Form 173A for eligible foreign institutional investors and the Bank for International Settlements claiming tax exemption on government securities. The form requires disclosures on holdings, interest income and capital gains.

  • Indian equities vs gold vs US stocks: Which asset class delivered the highest returns in 2026 so far?

    Indian equities fell 6.81% in 2026 so far through September, while US stocks gained 12.75% and gold rose 11.56%, according to Edelweiss Mutual Fund research. Short-term bonds returned 3.57%, while silver and Chinese equities posted losses.

  • One family brand, two heirs: how can you avoid trademark disputes?

    A family trademark is not a separate legal category under India’s trade mark law. For business owners planning succession, the key is to clarify ownership and usage rights before disputes arise.

  • Emergency fund: Earn ₹1 lakh a month? Here’s how much you should save for 6, 9 or 12 months, experts explain

    An emergency fund should cover six, nine or 12 months of essential expenses, depending on job security, family responsibilities and income stability. Home loan EMIs, insurance premiums and school fees should be factored into the savings target.

  • Land dispute lasted 23 years and ended in a ₹1.5 crore payout. Why did ITAT classify it as capital gains?

    A ₹1.5 crore payout after a decades-long land dispute was held taxable as capital gains, not income from other sources, by Ahmedabad ITAT. The ruling clarifies the tax treatment of assigned property rights, but does not make the receipt tax-free.

  • Form 141 TDS filing: What changes for property buyers, tenants and taxpayers under the new Income Tax Act

    Form 141 replaces four TDS forms for property purchases, rent, contractor payments and crypto transfers from 1 April 2026. Here’s what property buyers, tenants and other taxpayers need to know about the new filing process and key compliance changes.

  • DA hike 2026: Will government employees get a festive salary boost after Dussehra? October 21 holds the key

    Will central government employees get a DA hike after Dussehra? The Centre's 21 October Cabinet meeting has raised hopes of a 3% increase, taking dearness allowance from 60% to 63%. Here is what employees and pensioners need to know.

  • LIC Insurance Certificate of Existence: What is it, why is it needed and how can pensioners submit it in 5 simple steps?

    LIC Certificate of Existence: Find out what this life certificate is, why it matters for annuity payments, how eligible LIC annuitants can submit it in five steps, what details it contains and how to check the next due date.

  • Financial assistance: Maharashtra farmers to receive ₹5,000 ‘Diwali bonus’ as relief measure amid drought—All we know

    Amid drought situation in Maharashtra, Chief Minister Devendra Fadnavis announced that the state government will provide advance financial assistance of ₹5,000 directly to affected farmers by Diwali. 

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