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Budget 2026: Share Buyback Tax Overhaul Brings Relief to Minority Shareholders

India, Feb. 1 -- Finance minister Nirmala Sitharaman announced a major overhaul of the tax treatment of share buybacks today, marking a shift in how India taxes capital returns. The changes are aimed ... Read More


Budget 2026: IT Services Clubbed Under Single Category, Safe Harbour Threshold Raised To INR 2,000 Cr

India, Feb. 1 -- FM Nirmala Sitharaman announced that software development services, IT-enabled services, knowledge outsourcing services and contract R&D services will be clubbed under a single catego... Read More


Groww Bids To Acquire PGIM India AMC To Strengthen AMC Unit: Report

India, Jan. 31 -- Stock broking major Groww has reportedly placed a bid to acquire PGIM India Asset Management as it looks to deepen its presence in the asset management space. As per a report by Blo... Read More


Delhivery Q3: Profit Surges 59%YoY To INR 40 Cr

India, Jan. 31 -- After plunging into losses in the September quarter, logistics major Delhivery swung back to the black in Q3 FY26. The company reported a net profit of INR 39.6 Cr, up 59% from the I... Read More


IPO-Bound MoEngage Gets NCLT Nod For Reverse Merger

India, Jan. 31 -- SaaS major MoEngage has received the National Company Law Tribunal's (NCLT) approval for reverse merger, a key step in its corporate restructuring ahead of its anticipated public lis... Read More


Wow! Momo Staff Arrested In Kolkata Warehouse Fire Case

India, Jan. 30 -- Two employees of a quick service restaurant (QSR) chain Wow! Momo have been detained by West Bengal Police in connection with a warehouse fire in Kolkata that broke out earlier this ... Read More


Why Is Nike Handing Over India Ecommerce Biz To Nykaa?

India, Jan. 30 -- Global sports giant Nike is set to hand over the operations of its India ecommerce business (Nike.in) to beauty marketplace Nykaa from February 2026. In a notice to customers, Nike ... Read More


Swiggy Instamart Says It Won't 'Buy Growth' With Discounts Amid Quick Commerce Price Battle

India, Jan. 29 -- Amid heated competition in the quick commerce market, the second largest player Swiggy Instamart won't be adopting a discount heavy approach to gain further market share. During Swig... Read More


Paytm Q3: Profit At INR 225 Cr, Revenue Jumps 20% YoY

India, Jan. 29 -- Fintech major Paytm reported yet another profitable quarter in Q3 FY26, posting a consolidated net profit of INR 225 Cr as against a loss of INR 208 Cr in the year-ago quarter. On a ... Read More


Amazon Lays Off 500+ Employees In India, Tech & HR Teams Most Affected

India, Jan. 29 -- Tech major Amazon has fired over 500 employees in its India offices as part of an ongoing global restructuring exercise under which it plans to lay off more than 16,000 employees, so... Read More