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Investigators have concluded that Pernod Ricard withheld the age and composition of its Scotch whisky imports to hide their true value and pay lower tariffs in India, sparking a legal fight after the French company was asked to pay $314 million (about ₹3,000 crore) in back taxes, documents show. Pernod, the maker of Chivas Regal…
The logo of Hyundai Motor India Limited. (Image used for representational purpose only) File | Photo Credit: Reuters Hyundai Motor India Ltd. (HMIL) on Wednesday (May 27, 2026) said it will hike prices of its vehicles by up to ₹12,800, depending on the model and variants. The price revision is attributed to a combination of…
Read More “Hyundai Motor India hikes vehicle prices by up to ₹12,800 on rising input costs” »
Bharat Petroleum mentioned that in the ongoing month until May 25 in Maharashtra, petrol sales have gone up 15% while diesel sales increased more than 20% from the comparable period last year. File photo for representational purposes only. | Photo Credit: AFP State-owned refiner Bharat Petroleum on Wednesday (May 27, 2026) maintained that articles and…
Read More “Fuel supplies in Maharashtra stable and well-managed, assures BPCL” »
Supreme Court sets aside NCLAT’s June 2022 order which rejected Amazon’s appeal. File | Photo Credit: S. Subramanium The Supreme Court on Wednesday (May 27, 2026) set aside the National Company Law Appellate Tribunal’s (NCLAT’s) June 2022 order, which had rejected U.S. e-commerce giant Amazon’s appeal against an anti-trust suspension of its investment deal with…
Read More “Supreme Court sets aside NCLAT order which rejected Amazon’s appeal” »
On Tuesday (May 25, 2026), the Sensex declined 479.26 points, or 0.63%, to settle at 76,009.70. (Image used for representational purpose only) File | Photo Credit: Getty Images Benchmark indices Sensex and Nifty drifted lower after rising in early trade on Wednesday (May 27, 2026) amid volatile trends in the equity market as investors remained…
Read More “Stock markets trade lower amid volatile trends” »
On the domestic equity market front, Sensex climbed 127.83 points to 76,137.53 in early trade, while the Nifty was up 36.45 points to 23,950.15. File | Photo Credit: Getty Images/iStockphoto The rupee slipped 8 paise to 95.78 against U.S. dollar in early trade on Wednesday (May 27, 2026) on elevated crude oil prices as fresh…
Read More “Rupee falls 8 paise to 95.78 against U.S. dollar in early trade” »
Media personnel outside Bombay House, the headquarters of the Tata Group, on May 26, 2026, as a board meeting is underway. | Photo Credit: Special Arrangement The chief executives of highly loss making unlisted companies of Tata Group including Air India Ltd, Tata Electronics, that houses the semiconductor business and Tata Digital on Tuesday (May…
Read More “Unlisted loss making firms make presentation before Tata Sons board” »
Global companies are bringing more work in-house at their India cost centres as AI boosts productivity and reduces reliance on outsourcing partners, executives at a Reuters summit in Bengaluru said. The shift reflects a structural change in how multinationals use their India operations, moving beyond cost-focused support roles to centres that own core functions such…
Read More “Global firms bring more work in-house at India hubs on AI boost” »
We are now starting to see the impact of the war in West Asia, and the resultant blockade of the Strait of Hormuz by both the U.S. and Iran. The government has raised petrol and diesel prices after a gap of four years. The price of CNG has been increased. This crisis is showing just…
Image used for representational purposes. File | Photo Credit: Reuters Foreign exchange reserves in India can be used to cool down the volatility in the rupee as it is episodic and not structural, said experts while speaking at a panel at the Debt Market Summit 2025. “We earn foreign exchange reserves from excess FPI that…
Read More “Forex reserves can be used when sentiments pull INR down: Experts” »