Tata Sons chairman N Chandrasekaran will not seek reappointment in February 2027. The Sir Dorabji Tata Trust has begun the succession process for the next chairman. A complication arises as the Sir Ratan Tata Trust cannot convene trustee meetings currently.…
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A new US report claims countries route exports through third nations to avoid tariffs. This practice, known as transshipping, costs the United States billions in lost tax revenue annually. China is specifically named as a country utilizing this method to…
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Aditya Birla Group companies will pay a brand royalty starting June 2026. A 0.25% revenue royalty is mandated, capped annually at Rs 225 crore. Grasim Industries expects royalty payments well below the established ceiling. Hindalco and Novelis will also adopt…
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Amendments introduce new accounting framework for nature dependent electricity contracts, electronic payments and contingent cash flows; key changes apply to financial year beginning April 1, 2026.
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Insurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity intensified competition. Marsh India expects the buyer-friendly market to persist, with companies using lower prices to secure broader coverage and higher…
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Bank of America is set to invest a substantial $1.9 billion into Jio Financial’s Jio Credit, marking a significant show of confidence in India’s booming retail loan sector. This collaboration merges Jio’s innovative digital capabilities with the seasoned financial knowledge…
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