Yum! deal? India's KFC, Pizza Hut operators announce $934-million merger

India, Jan. 2 -- India's KFC and Pizza Hut operators Sapphire Foods India Ltd. and Devyani International Ltd. are coming together in a $934-million deal, creating a fast-food powerhouse in the world's... Read More

ITC market cap erodes by rRs.r63,000 crore as 'tax shock' stokes concerns on profitability

India, Jan. 2 -- India's largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ Rs.63,000 crore) in market capitalisation after the government's cigarette "tax shock" stoked concerns on profi... Read More

ITC share price takes a hit as India hikes excise duty on cigarettes from 1 February

India, Jan. 1 -- The government has imposed additional excise duty on tobacco products from 1 February 2025, making cigarettes costlier for an estimated 10 core smokers in the world's most populous co... Read More

India puts excise duty on tobacco products, including cigarettes, from February 1

India, Jan. 1 -- The government has imposed additional excise duty on tobacco products from 1 February 2026, making cigarettes costlier for an estimated 10 crore smokers in the world's most populous c... Read More

GST collection grows 6.1% in December 2025 as rate-cut impact shows

India, Jan. 1 -- India's GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. Gross GST collection rose 6.1% to over Rs.1.74... Read More

ITC shares plunge most in six years after India raises tobacco, cigarette tax

India, Jan. 1 -- Shares of India's largest cigarette maker ITC Ltd. fell the most in six years after the government imposed higher tax on tobacco products. From 1 February 2026, cigarettes will be ch... Read More

BSNL rolls out nationwide WiFi calling in push to counter Reliance Jio, Airtel

India, Jan. 1 -- India's state-backed telecom operator Bharat Sanchar Nigam Ltd. has launched nationwide WiFi calling services, stepping up efforts to retain subscribers and modernise its network agai... Read More

India's stock market underperforms Asian peers the most since 1998

India, Dec. 31 -- India's stock market ended the year with their worst annual underperformance versus Asian peers in nearly three decades, weighed down by foreign outflows and a weakening rupee. A re... Read More

Govt said to approve Vodafone Idea relief package which is smaller than expected

India, Dec. 31 -- The Union Cabinet is said to have approved a relief package for Vodafone Idea Ltd., which is seen as smaller than expected. That sent the stock of the debt-laden telecom operator int... Read More

Netflix releases 'Bad Boy Billionaires' episode on Ramalinga Raju after 5 years

India, Dec. 31 -- Netflix Inc. has dropped the final episode of 'Bad Boy Billionaires: India' on Satyam scam accused Ramalinga Raju after a five-year legal battle. "After transforming information tec... Read More

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