India’s new free trade agreement with the UK will slash duties on high-end cars, benefiting luxury brands like Aston Martin and Rolls-Royce. The deal protects the mass-market segment by excluding vehicles under £40,000 from duty concessions. Over five years, customs…
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Experts suggest the FTA with the UK could significantly increase investment inflows into India, driven by multinational companies diversifying supply chains away from China. Duty-free access to the UK for key sectors like textiles and engineering goods is expected to…
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Intel plans to reduce its workforce to 75,000 by year-end amidst a strategic turnaround led by CEO Lip-Bu Tan. Despite projecting higher sales, the company anticipates steeper third-quarter losses than expected. This restructuring, including job cuts and the Altera stake…
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Bajaj Auto faces a potential production halt due to rare earth magnet shortages, impacting their EV production, especially during the festive season. Rajiv Bajaj expresses concern over supply chain disruptions, potential cost increases, and the effect on suppliers and dealers.
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Seven companies, including PhysicsWallah and Saatvik Green Energy, have received Sebi’s approval to proceed with their initial public offerings (IPOs). Vinir Engineering, Pranav Constructions, Fujiyama Power Systems, SIS Cash Services, and Anlon Healthcare are also among those cleared to raise…
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SEBI, in collaboration with MIIs and AMFI, has launched a joint investor awareness campaign named ‘SEBI vs SCAM’ to combat financial frauds in the securities market. The initiative aims to educate investors about fake trading apps, unregistered investment advice, deepfakes,…
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