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ITAT upholds 'clean slate' principle under IBC in IndusInd General Insurance vs IT case

New Delhi, Sept. 7 -- The Mumbai bench of the Income Tax Appellate Tribunal (ITAT)has dismissed an overdecade of tax disputes against IndusInd General Insurance Company Ltd(formerly Reliance General I... Read More


JLRto axe 4,000 jobs in 2 years toringfenceTaMoearnings

New Delhi, Sept. 7 -- Tata Motors-owned Jaguar Land Rover (JLR) will cut around 4,000 jobs globally and target £1.7 billion in savings over the next two years as it responds to a sharp deteriorat... Read More


India should target 10 million international patients a year: Goyal

New Delhi, Sept. 7 -- Commerce and Industry Minister Piyush Goyal on Monday called on India's pharmaceutical and healthcare industry to build globally competitive medical devices and scale up medical ... Read More


Vehicles transport through railways will not impact sales of trucks: SIAM President

New Delhi, Sept. 7 -- Demand for truck freight will remain unaffected despite the growing reliance on railway sidings for vehicle transport, Shenu Agarwal, President, Society of Indian Automobile Manu... Read More


Kashmir seeks to revive Bollywood ties with first international film festival

New Delhi, Sept. 7 -- Filmmakers, cinema enthusiasts and localsgathered at Srinagar's Sher-i-Kashmir International Convention Centre (SKICC) on Monday as Kashmir opened its first international film fe... Read More


India's kharif sowing 2% lower than a year ago, but 98% per cent of normal area covered

New Delhi, Sept. 7 -- The area under India's kharif crops in the ongoing season reached 1,086.31 lakh hectares (lh) as of September 4, compared with 1,104.01 lh in the year-ago period, the Agriculture... Read More


Women wellness start-up Nua raises $50 million Series C round led by Peak XV & Filter Capital

New Delhi, Sept. 7 -- Women wellness start-up Nua has raised a $50 million Series C round led by Peak XV & Filter Capital, with participation from existing investors Mirabilis Investment Trust and... Read More


Mounjaro becomes India's top-selling drug as patients shift to GLP-1 injections

New Delhi, Sept. 7 -- India's anti-obesity drug market is changing rapidly as patients increasingly choose injectable GLP-1 medicines over oral drugs. Eli Lilly's Mounjaro has emerged as India's best-... Read More


Indian sugar mills, traders locked in 'battle of wits' as prices head southwards

New Delhi, Sept. 7 -- Sugar mills and traders were locked in a battle of wits as millers kept their open rates higher on Monday. Wholesale prices declined, while retail prices remained firm around Rs.... Read More


Apparel industry hoping to garner strong sales in upcoming festival season: CMAI

New Delhi, Sept. 7 -- The Indian apparel industry is hoping to witness strong sales in the upcoming festival season with Indian ethnic wear expected to lead the sales. The Clothing Manufacturers Assoc... Read More