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Xiaomi India looks beyond phones to rev up revenues

The handset brand which sells products ranging from washing machines to an electric vehicle in China, is planning to bring some of those products to India, targeting its 140 million strong user base in India to have at least five…

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Adani Power steps into nuclear energy sector with new atomic unit

Adani Power has established Adani Atomic Energy Limited, a wholly owned subsidiary, to generate, transmit, and distribute nuclear power. This move follows the recent passage of the SHANTI Bill, allowing private sector participation in India’s nuclear energy sector. The company…

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USV Pharma leads race to buy 85% stake in Wellbeing Nutrition at ₹1,600 crore valuation

The Mumbai-based brand, owned by Nutritionlab, counts Hindustan Unilever and Fireside Ventures among its early backers. HUL and Fireside — holding 19.8% stake each — will exit with more than fourfold returns.

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Mehli Mistry seeks scrapping of VC position at Tata Trusts

In a surprising move, Mehli Mistry, a trustee at Tata Trusts, has raised concerns about the relevance of the vice-chairman positions, pointing out that their establishment does not align with the Trust Deed. Introduced amidst a previous legal conflict, Mistry…

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Menace of increasing corporate frauds needs fresh look at legal framework

The Companies Act, 2013, PMLA, SEBI LODR, and the Prevention of Corruption Act make different types of frauds punishable. These are generally reactive, focusing on punishing frauds after they occur. Further, prosecution requires establishing mens rea, i.e., criminal intent of…

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SBC LLP Raises Pre-Series A Funding at ₹100 Crore Valuation

Strategic investment from the UAE and US-based institutional investors to fuel global expansion and technology innovation.

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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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