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The Supreme Court has sought responses from the Competition Commission of India and others. This follows an appeal by the Confederation of Indian Alcoholic Beverage Companies against KSBC. The industry body alleges unfair trade practices and discrimination in the liquor market. KSBC is accused of unilaterally fixing prices and levying additional charges. The court will…
India’s new urea tender is expected to secure the nutrient at lower prices. Rashtriya Chemicals and Fertilizers received bids significantly below previous rates. This development offers relief to the nation’s substantial fertilizer subsidy bills. Global urea prices declined in May after an initial surge following the West Asia crisis. India, a major importer, sells urea…
Motilal Oswal Group committed ₹1,500 crore to Inox Clean Energy for growth initiatives. The investment uses compulsorily convertible debentures, offering hybrid capital benefits. This funding will support acquisitions and expansion of renewable power generation businesses. Inox Clean Energy plans a potential initial public offering within the next two years. The company has raised ₹5,300 crore…
Insurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity intensified competition. Marsh India expects the buyer-friendly market to persist, with companies using lower prices to secure broader coverage and higher limits.
The Delhi High Court upheld a single-judge order against Alder Biochem. This ruling prevents them from using the ‘Biochem’ trademark. Alder Biochem’s claim of the term being public property was rejected. Zydus Healthcare has held the registered trademark since 1959. The court’s decision protects Zydus Healthcare’s established brand.
Out-of-home food and beverage consumption is increasingly shifting towards group occasions. Solo consumption has declined while larger group consumption has significantly risen in recent years. Consumers are also prioritizing healthier snacks and drinks in their out-of-home choices. This trend indicates a more selective approach to eating outside the home. Companies are now focusing on unmet…
Bank of America is set to invest a substantial $1.9 billion into Jio Financial’s Jio Credit, marking a significant show of confidence in India’s booming retail loan sector. This collaboration merges Jio’s innovative digital capabilities with the seasoned financial knowledge of Bank of America, enabling a strategic expansion in the rapidly growing Indian economy. Regulatory…
Kerala will oppose the Centre’s mining law amendments which affect state revenue. The state argues curbs on tax powers erode constitutional authority and cause losses. Chief Minister VD Satheesan announced formal protest and legal remedies exploration. Parliament passed the Mines and Minerals Amendment Bill, 2026 recently. This amendment invalidates state levies not yet deposited or…
Tata Motors Passenger Vehicles’ June-quarter net profit fell 80% to ₹775 crore as JLR faced supply disruptions and weaker volumes, while higher commodity costs squeezed margins. Strong domestic passenger vehicle and electric vehicle sales helped consolidated revenue rise 9.3%.
Air India plans to add over 100 aircraft across the group in 2027 and 2028 while continuing its $400-million fleet retrofit programme. The expansion comes as the airline tackles higher operating costs, disrupted international routes and profitability pressures.