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TCS layoffs protest: IT employees’ union claims 30,000 job cuts, plans global action; Company issues statement

The Union of IT & ITES Employees (UNITE) protested against TCS, alleging potential job cuts affecting 30,000 employees, a claim TCS denies, stating the reduction is around 2% of its global workforce. Supported by CITU, UNITE demands government intervention and…

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Industry leaders call for single-window clearances, GST rationalisation to boost retail and FMCG growth

Seeking to cut red tape and speed up expansion plans, top leaders from the retail and FMCG sectors on Tuesday urged the government to simplify compliance processes through a common portal, rationalise GST rates, and streamline licensing norms.

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IKEA plans aggressive India expansion with stronger local sourcing

IKEA is set to accelerate its growth in India. The company plans to add multiple customer touchpoints annually. Focus will be on local sourcing and a strong supply chain. IKEA will open new stores and planning studios. Localisation will increase…

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Fractional CMOs: The part-time pros helping startups build big brands without full-time hires

Indian startups are increasingly hiring fractional CMOs to navigate complex marketing landscapes without the commitment of a full-time executive. This trend, fueled by venture capital and pandemic-driven shifts, allows companies to access experienced leadership for strategic brand building and growth…

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Online Gaming Bill tabled in Lok Sabha, MeitY Secy explains the blanket ban

Union Minister Ashwini Vaishnaw introduced The Promotion and Regulation of Online Gaming Bill, 2025, proposing a ban on online games involving money due to concerns about addiction and financial losses. The bill prescribes penalties for violators, advertisers, and financial institutions…

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Adani units raise $275 million offshore debt from global lenders

Adani Group secured approximately $275 million through two foreign currency loans, signaling increased investor confidence. Adani Airport Holdings raised $150 million via a syndicated loan, while Adani Ports & Special Economic Zone obtained $125 million bilaterally. These funds will support…

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  • Gold, silver prices today, 21 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 21 October: Check the latest 24K and 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities. Also, track MCX gold and silver futures, key market movements, and factors influencing precious metal prices.

  • SIFs vs mutual funds performance in 2026: Equity and hybrid scheme returns, risks compared — what investors need to know

    SIFs offer long-short strategies that traditional mutual funds generally cannot. A study compares their downside protection, market recovery, and year-to-date returns, with equity long-short SIFs down 1.8% versus 6.9% for large-cap funds. Here's what investors need to know. 

  • Finance Ministry exempts interest on NDB's Maharaja Bonds from TDS: What changes for resident investors and FIIs?

    The Ministry of Finance has exempted interest payments on the New Development Bank’s Maharaja INR Bonds from TDS for eligible resident investors and foreign institutional investors from the tax year 2026-27.

  • Small-cap mutual funds: Should you pick funds with high index overlap? What one-year returns show

    Small-cap mutual funds with higher benchmark overlap did not necessarily deliver better returns. Value Research data shows one-year returns ranging from -0.1% to 29.1% across 10 schemes, highlighting why investors should look beyond portfolio overlap when choosing funds.

  • 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.

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