NEW DELHI: Finance minister Nirmala Sitharaman is set to introduce further amendments to tax laws going beyond the Ordinance offering concessions to overseas investors putting money in govt bonds.According to the bill that has been circulated, it has been proposed to replace the broad reference to “electronic goods” with a defined list of “specified electronic…
A parliamentary panel suggests lowering the minimum director age to eighteen years. NEW DELHI: The joint committee of Parliamentary panel examining the amendments to the Companies Act has recommended reducing the minimum age for appointment as managing director and whole-time director from 21 years to 18, bringing it in line with similar age caps in…
CHENNAI: Flagging that “free is the most expensive word in public policy”, chief economic adviser (CEA) Anantha Nageswaran said infrastructure built on the promise of free or below-cost services cannot attract patient capital. “What makes infrastructure worthy of patient capital? There are three conditions: quality infrastructure, contract certainty, and policy certainty. And the fourth, which…
MUMBAI: Improving chances of talks between Iran and US to end the war in the Persian Gulf region pulled down crude prices and lifted investor sentiment globally on Monday. The rub-off effect on Dalal Street helped sensex close 544 points or 0.7% up at 78,639 points, a more than three-month high level. The day’s closing…
NEW DELHI: Former British Airways CEO Willie Walsh Monday assumed charge as the CEO of IndiGo, a day before the airline turns 20. With over four decades of global aviation leadership experience, Walsh will work closely with the board and the management team to build on IndiGo’s operational foundations while advancing its strategic ambitions. tnn…
MUMBAI: ICICI Lombard has introduced a new add-on to its motor insurance cover that assists the insured during the legal process following an accident. It has separately launched an industry-first roadside assistance programme with 30 minute response time across India including for battery charging and vehicle towing. TNN Source link
NEW DELHI: An anti-dumping probe initiated recently into dialyser (renal care) imports from China and Malaysia has put the spotlight on growing concerns over low-priced medical device imports, particularly in segments where India has built significant manufacturing capacity.Imports from Asean increased by 14% to nearly Rs 13,000 crore FY25-26, led by syringes, medical gloves, dialysis…
This divestment aims to meet minimum public shareholding norms ahead of schedule. MUMBAI/NEW DELHI: The govt is selling up to 6.5% in LIC, currently worth nearly Rs 35,000 crore ($3.7 billion) through the offer for sale (OFS) route that will be launched on Tuesday and close on Wednesday. The base offer is for 2.5% of…
Aishwarya Rai Bachchan sent fans on social media into a frenzy after her unseen photographs from her 2026 Cannes Film Festival debut online, months after she turned heads on the rec carpet.In what may just be her most elaborate red-carpet ensemble of the year, the newly released images showcase the actress posing against the picturesque…
‘Spider-Man: Brand New Day’ recorded another historic box office win, this time with the Tom Holland-led superhero epic, officially crossing the USD 1 billion mark at the global box office. ‘Spider-Man: Brand New Day’ eyes USD 2.1 billion haul The film, which was made on a reported production budget of USD 225 million, is now…