For Flipkart, Kolkata now fastest-growing hub for kidswear makers
Business Lineby Mithun Dasgupta·28d ago
Kolkata is now among the country’s top four hubs for kidswear makers in terms of sales on the Flipkart platform and is the fastest-growing, with the number of sellers on the platform nearly...
Chennai air cargo delays hit exporters, shipments diverted
Business Lineby T E Raja Simhan·28d ago
Chennai’s air cargo terminals are facing prolonged delays, with exporters and freight forwarders reporting waiting times of several hours at AAI Cargo Logistics and Allied Services Company Ltd...
After strong sell-out in Onam, LG India gears up for double-digit growth in festival season, led by premiumisation
Business Lineby Meenakshi Verma Ambwani·28d ago
After witnessing double-digit sell-out growth during Onam, LG Electronics India is expecting to garner strong growth in the upcoming festival season on the back of positive consumer sentiments...
RBI’s rejection of Tata Sons’ application raises questions
Business Lineby Suresh P Iyengar·28d ago
The Reserve Bank of India’s move to reject Tata Sons’ application for de-recognition has raised questions on whether the recent amendment to NBFC Upper Layer (NBFC-UL)regulation can be applied on...
UPI transactions above ₹2,000 to face MDR from October 15; P2P transfers remain free
Business Lineby Shishir Sinha·28d ago
Come October 15, transactions of more than ₹2,000 between a person and a merchant (P2M) will attract MDR (Merchant Discount Rate) at 0.4 per cent.
TestMu AI Launches the Assurance Lifecycle in Kane CLI, Turning Requirement Documents into Provable Test Coverage
Business Lineby Cuelive·28d ago
New assurance commands design tests directly from PRDs and specs, link every test permanently to the requirement it verifies, and measure coverage from sealed evidence instead of guesswork SAN...
Shutting down East-West pipeline making crude oil more expensive for Indian refiners
Business Lineby Rishi Ranjan Kala·28d ago
The shutting down of the East-West crude oil pipeline by Saudi Arabia--accounting for roughly 4 per cent of global supply--is likely to make barrels more expensive.
NPPA’s limited powers pose hurdle to 20% cap on medical device margins
Business Lineby Ankita Upadhyay·28d ago
The Parliamentary Standing Committee’s call for a 20 per cent cap on the gap between the landing cost and MRP of medical devices faces a structural limitation because the National Pharmaceutical...
Voter Adhikar Manch to expand social audits across Delhi over voter deletions
Business Lineby BL New Delhi Bureau·28d ago
Voter Adhikar Manch (VAM), a citizen’s collective aiding slums and resettlement colonies exercise their voting rights, has decided to carry out more social audits across Delhi following their...
Reliance Communications’ Creditors request ED to release real estate properties worth ₹7,000 crore
Business Lineby Vallari Sanzgiri·28d ago
Reliance Communications’ (RCom) Committee of Creditors (CoC) has asked the Enforcement Directorate (ED) and the Insolvency and Bankruptcy Board of India (IBBI) to release the company’s real estate...
Tata Sons’ listing may change how Tata Trusts exercises control
Business Lineby Akshata Gorde·28d ago
A public listing of Tata Sons may not materially weaken Tata Trusts’ control over the holding company, but it could significantly change how that control is exercised.
DRDO hands over 9 tech transfer agreements to 13 manufacturing partners at ‘VIMARSH’
Business Lineby Dalip Singh·28d ago
Nine Licensing Agreements for Transfer of Technology (LAToTS) were handed over to 13 manufacturing partners on Tuesday to enable commercial production of state-of-the-art systems developed by...
Rucards Launches Rewardifi, a Global Rewards Technology Platform for Next-Generation Business Engagement
Business Line·28d ago
Mumbai, Maharashtra, India – Business Wire India Rucards, a technology-driven provider of prepaid cards, brand vouchers and rewards solutions, today announced the launch of Rewardifi, a global...
KNAV Launches Enterprise GRC Platform to Unify Compliance, Governance and Risk Management
Business Line·28d ago
Atlanta, Georgia, United States & Mumbai, Maharashtra, India – Business Wire India KNAV, a global accounting and advisory firm delivering integrated services across assurance, tax and advisory...
India, BRICS and Alternative International Reserve Currencies
Business Lineby Trishna Sarkar; C Saratchand·28d ago
The recent BRICS summit in New Delhi involved a number of policy discussions, including those concerning the exploration of alternatives to the US Dollar.
India unemployment rate falls to 5% in August: PLFS
Business Lineby PTI·28d ago
The overall unemployment rate (UR) among persons aged 15 years and above dropped slightly to 5 per cent in August, as per the Periodic Labour Force Survey (PLFS) data released on Tuesday.
PNC Infratech dips 20% as NHAI bans for 3 years
Business Lineby BL Mumbai Bureau·28d ago
Shares of PNC Infratech dipped 20 per cent to ₹140 on Tuesday after the National Highways Authority of India (NHAI) levied a three-year debarment on Awadh Expressway, a concessionaire SPV of the...
Indian auto industry records highest-ever August sales across categories
Business Lineby S Ronendra Singh·28d ago
Driven by consumer confidence, resilient rural markets and improving financing conditions which have created a favourable ecosystem, the Indian automobile industry is in a robust growth phase, the...
AI leaders debate risks of advanced AI development
Business Lineby Reuters·28d ago
Anthropic CEO Dario Amodei called for a slowdown in the pace of advanced AI development on Saturday, winning rare backing from SpaceXAI's Elon Musk and OpenAI CEO Sam Altman and sparking a debate...
Ensuring better food safety
Business Lineby Vinod Sharma·28d ago
The recent wave of inspections by the Food Safety and Standards Authority of India (FSSAI) and State Food and Drug Administrations, including action across e-commerce and retail supply chains, has...
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