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Union Budget 2026: Capital Goods Manufacturing Gets A Shot In The Arm

India, Feb. 1 -- During her Budget speech on Sunday,finance minister Nirmala Sitharaman announced a set of initiatives aimed at strengthening India's capital goods manufacturing capabilities. The FM s... Read More


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