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Nirma Group’s Nuvoco Vistas acquires Gujarat-based Vadraj Energy in Rs 200 crore deal

In a strategic move, Nuvoco Vistas Corporation, the cement division of Nirma Group, has finalized an all-cash acquisition of Vadraj Energy, located in Gujarat, for Rs 200 crore. Nuvoco is eager to incorporate Vadraj’s power plants into its operations, a…

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Aviation industry: ICRA keeps outlook ‘stable’ as domestic traffic set for modest rise; international flyers projected to grow 13–15%

India’s aviation sector anticipates modest domestic passenger growth of 4-6% in 2025-26, despite earlier disruptions like cross-border tensions and an air tragedy. International traffic is set for a stronger 13-15% surge.

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Serene Communities, Asset Homes to invest ₹500 crore in four senior living projects across Kerala

This collaboration is part of Serene’s broader South India expansion strategy, with Kerala positioned as a key growth market due to its large NRI base, higher life expectancy, stronger health indices, and reputation as a retirement-friendly state. The combination of…

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Busting myths! H-1B visa holders are not ‘cheap labour’ – why foreign workers are important for US

A National Foundation for American Policy report argues that H-1B visa restrictions, including a new $100,000 fee, are counterproductive. The report highlights that H-1B holders are highly skilled professionals earning substantial salaries, not cheap labor, and that limiting these visas…

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Carlyle-backed Sequent Scientific and Viyash Life Sciences Merger approved by NCLT

Carlyle’s portfolio companies, Sequent Scientific and Viyash Life Sciences, have received National Company Law Tribunal approval for their planned Rs 8,000 crore merger. This strategic combination aims to leverage back-end synergies between Sequent’s animal health business and Viyash’s human health…

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Luxe wheels gain speed on India’s salary surge as experience-led aspirations rise

Luxury car brands like Mercedes-Benz, BMW, and Audi are seeing a significant rise in buyers from salaried professionals and startup founders. This trend highlights strong corporate earnings and India’s economic growth. Wealth creation is expanding, with more senior professionals now…

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  • India is way ahead of China, UK in the number of young entrepreneurs and women founders: Hurun's U35 Rich List

    India leads Hurun’s U35 comparisons with 180 entrepreneurs, ahead of China’s 101 and the UK’s 62. It also has the most women.

  • Dearness allowance hike: Cabinet skips July 2026 DA decision as railway bonus, social assistance plan get nod

    Dearness allowance hike: Central government employees are still awaiting clarity on the July 2026 dearness allowance hike after the Union Cabinet’s latest meeting. While the announcement remains pending, two other proposals have received approval. 

  • Who is Romita Mazumdar? Foxtale founder is only woman among Hurun’s 10 youngest entrepreneurs

    Romita Mazumdar, Foxtale’s founder and CEO, is the youngest woman on the Avendus Wealth–Hurun India U35 List 2026. The 31-year-old launched the skincare company in 2021 after working in investment banking and private equity. 

  • Sectoral mutual funds: Why investors should explore banking, auto, power and healthcare funds now

    Sectoral mutual funds: Banking, automobiles, power and healthcare are among the sectors offering opportunities amid diverging performance between large-cap and small-cap indices in H1FY27. Here is what investors should know about the outlook. 

  • HDFC Small Cap Fund is the only scheme with negative YTD returns in 2026: What sets it apart from the category leader?

    HDFC Small Cap Fund has delivered negative returns in 2026 so far, while Bank of India Small Cap Fund leads the category with 32.71% returns. Differences in small-cap allocation, sector exposure and stock selection offer insights into the contrasting performance of the two schemes.

  • Govt renames NSAP as PM Samajik Sahayata Yojana, raises disability pension to ₹375; minimum age limit removed

    The Union Cabinet has approved renaming the National Social Assistance Programme (NSAP) and revising disability pension rules. Monthly assistance will rise to ₹375 for beneficiaries aged 0-79 and ₹625 for those aged 80 and above, while the disability threshold drops from 80% to 40%.

  • Sent money to the wrong UPI ID? Here’s how to raise a complaint and recover it

    Report the transaction through your UPI app and bank immediately to improve your chances of recovering the money

  • US stocks: You receive $75 on a $100 dividend, but India may tax the full amount again; how to claim relief

    Indian residents earning dividends from US stocks generally receive payouts after US withholding tax. The full dividend is again taxable in India. Here's how to claim relief.

  • SC makes insurance mandatory for all train tickets from Oct 27; here's what it means for customers booking offline

    The Supreme Court has directed Indian Railways to make insurance mandatory for all tickets bought at station counters from October 27, 2026, extending coverage already available optionally to online ticket holders. Details here. 

  • Asked to be an executor? Know your duties before you agree

    Being an executor involves managing a deceased person’s estate, settling liabilities and distributing assets. Here’s what the role entails and when you can renounce it.

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