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Vi dials lenders for Rs 23,000 cr term loans, seeks Rs 10,000 cr in bank guarantees

Vodafone Idea (Vi) proposes borrowing Rs 23,000 crore in term loans and seeks Rs 10,000 crore in bank guarantees to enhance its telecom infrastructure and compete with Reliance Jio and Airtel.

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Vivo set to open Rs 3,000 cr India facility in July

Vivo’s new unit is spread over 170 acres in Greater Noida, and compares with Samsung’s own mobile phone manufacturing plant — the country’s largest — which was inaugurated in 2018 and also has a capacity to manufacture 120 million units…

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Fitch raises India’s FY25 growth forecast but isn’t that optimistic about global growth

Fitch Ratings on Tuesday raised India’s growth forecast to 7.2 per cent for FY25. Meanwhile, the global growth forecast has been revised downwards.

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Coca-Cola offers a $1-billion swig to India Inc families

Coca-Cola India is seeking to sell a minority stake in its subsidiary, Hindustan Coca-Cola Beverages, following PepsiCo’s model of outsourcing bottling operations to Varun Beverages Ltd.

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French co Mazars plans to grow India staff strength to 6,000, aims to be among top six audit firms

Mazars aims to become one of the top six auditing firms in India by 2030 as it looks to quadruple its existing staff in the country. In an exclusive interaction with ETCFO Bharat Dhawan, Managing Partner at Mazars in India…

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Fortis, Apollo, Medanta, and Max lead the charge in bidding war for Jaypee Healthcare

Fortis Healthcare, Apollo Hospitals, Medanta, and Max Healthcare are among companies interested in acquiring Jaypee Healthcare, a subsidiary of Jaypee Infratech in Noida with a total debt of about Rs 1,000 crore.

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  • TDS on rent paid to joint owners explained: How the ₹50,000 threshold applies per landlord under Section 194IB

    Clarity on TDS on rent paid to joint owners shows the ₹50,000 threshold applies per landlord, not per property. Joint ownership rent splits decide tax deduction, ensuring accurate compliance under Section 194IB and avoiding unnecessary deductions.

  • Pay only for the kilometres you drive: How PAYD insurance works

    If you drive infrequently, a pay-as-you-drive (PAYD) policy could significantly lower your car insurance premium. Here's how it works, who should opt for it, and the risks to watch for.

  • 8th Pay Commission: Odisha and West Bengal meetings take centre stage–top 5 updates you must know

    The 8th Pay Commission is entering a crucial stage, with stakeholder meetings being held in Odisha and West Bengal to discuss salaries, pensions, allowances, and the fitment factor.

  • I asked ChatGPT how many credit cards are too many; Experts filled in the gaps with what AI missed

    Several banks have altered credit card rewards, which may make cardholders reassess how many cards they need. I asked ChatGPT how many credit cards are too many and experts filled in the gaps with what AI missed.

  • I asked ChatGPT how rich Indians must become for the country to be ‘developed’; an expert adds what AI missed

    I asked ChatGPT how rich Indians must become for the country to be considered developed. We then compared the responses to what Axis Bank's chief economist Neelkanth Mishra said on the matter. Here's a look...

  • Working for a foreign client or firm while living in India? Don't miss this form to avoid paying income tax twice

    Working for a foreign client means income may be taxed in both the foreign country and India. However, Indian residents can claim foreign tax credit by filing Form 67. Details here.

  • New EPF Scheme 2026 comes into effect: Here's what changes and what remains the same for EPFO subscribers, explained

    The government's new EPF Scheme 2026 has come into effect as part of the Social Security Code 2020. Today, we explore and explain how and what has changed for EPFO subscribers and what remains the same.

  • EPS-2026 rules: Will you get pension if you leave your job before completing 10 years of service?

    The central government has implemented EPS, 2026, replacing older pension schemes. Key provisions remain intact, but questions about eligibility for employees leaving before 10 years persist. Here's what the new rules say.

  • Yen at record low: Should Indian investors be worried? Experts weigh in

    The yen’s weakness is not just a Japan story. For Indian investors, the impact is mostly indirect. While short-term volatility may rise if global carry trades unwind, experts agree that disciplined long-term investing remains the most effective way to navigate these macro cycles.

  • EPS-2026 replaces EPS-95: Does the ₹1,000 minimum pension continue? Here's what has changed

    The Centre has introduced the Employees' Pension Scheme (EPS), 2026, replacing older versions. While procedural changes have been made, the minimum monthly pension remains fixed at ₹1,000, unchanged since 2014.

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