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FM Sitharaman has a message of hope for exporters hit by Trump tariffs
Finance Minister Nirmala Sitharaman said that the Indian government is developing a support package for exporters facing a 50% US tariff, initiated partly due to continued oil imports from Russia. Various ministries are assessing the tariff's impact on sectors like textiles, gems, and leather.
SpiceJet repays $24 mn in dues to Credit Suisse
SpiceJet has cleared its $24 million settlement with Credit Suisse, closing a liability predating its current promoter. The May 2022 agreement, originally linked to a $41.77 million claim, was settled through structured payments. The airline said the move strengthens its balance sheet and financial stability. CBO Debojo Maharshi said it demonstrates SpiceJet’s resolve to move past legacy issues.
- Nissan extends GST advantage to customers, prices to drop by up to Rs 1 lakh
- India revokes grid access for 17 GW of clean energy projects, says source
- Volkswagen CEO: Tariffs have cost group billions so far
- Mankind gets CDSCO nod for Phase 1 clinical trials for molecule to treat autoimmune disorders
- Delhi Airport’s T3 to boost international capacity by 50% this winter
- Rising home prices a major concern for over 81% property seekers : Survey
- India's oil-demand growth set to outpace China, says Trafigura Group
- New sanctions on Russian oil buyers to disrupt flows, says trader Gunvor
- Classic Legends eyes festive boost on GST cut, Roadster launch
- Sholay was like a big and successful startup idea of those days: Rohan Sippy
- ACME Solar Holdings places order of 2 GWh Battery Energy Storage System
- Dish TV eyes 25% revenue from non-DTH biz in two years, forays into smart TV market
Classic Legends eyes festive boost on GST cut, Roadster launch
Sholay was like a big and successful startup idea of those days: Rohan Sippy
ACME Solar Holdings places order of 2 GWh Battery Energy Storage System
Dish TV eyes 25% revenue from non-DTH biz in two years, forays into smart TV market
Vehicle retail sales in August grow 2.84 pc, rise in sales expected in September amid GST cuts: FADA
Audi India announces price cut to over Rs 7.8 lakh to pass on GST benefits
Auto News
Nissan extends GST advantage to customers, prices to drop by up to Rs 1 lakh- Classic Legends eyes festive boost on GST cut, Roadster launch
- Vehicle retail sales in August grow 2.84 pc, rise in sales expected in September amid GST cuts: FADA
- Audi India cuts car prices by up to ₹7.8 lakh following GST 2.0 reforms; check changes for each model here
- Hero MotoCorp appoints Harshavardhan Chitale as CEO
Banking/Finance News
Falling NII hurts private banks' profit growth, public peers do better- Banks sense an opportunity in GST gain for retail, MSME
- Chennai Angels explore investment opportunities at Sri City SEZ
- PNB signs Rs 21,000 cr MoU with Rajasthan govt under Rising Rajasthan initiative
- Festive-season boost: Rate-cut transmission to get a push as banking gets Rs 62,000 cr
Cons. Products News
No repack: FMCG watches its wasteline- Dairy, meat companies gain muscle in times of protein diets
- ChrysCapital, InCred invest in Amber subsidiary ILJIN Electronics
- Amber Enterprises raising Rs 1,200 crore for its subsidiary Iljin Electronics
- GST cuts elude detergents, cosmetics; analysts and FMCG players say it's surprising
Energy News
India's oil-demand growth set to outpace China, says Trafigura Group- New sanctions on Russian oil buyers to disrupt flows, says trader Gunvor
- S&P Global expects dated Brent crude to hit $55 per barrel by year-end
- JSW, Vedanta, Adani among companies keen to buy GVK Energy's asset
- OPEC+ set to raise oil output further from October, sources say
Must Watch
Renewables News
India revokes grid access for 17 GW of clean energy projects, says source- Vikram Solar bags 336 MW module supply order from L&T for Khavda solar project
- ACME Solar Holdings places order of 2 GWh Battery Energy Storage System
- Looking at India as potential market for small e-cars, GST cut makes it attractive: VW Group CEO
- VinFast shifts gears in India: Can the EV challenger outpace Tesla and Tata?
Ind'l Goods/Svs News
Jaiprakash Associates bid: Vedanta offers Rs 4,000 cr upfront payment, rest over 5-6 years- Vedanta to pour Rs 17,000 cr into Jaiprakash Associates, beats Adani bid
- Government to greenlight incentives to drive green steel output
- Vedanta beats Adani for acquisition of Jaiprakash Associates
- GST reforms will mitigate US tariff impact on Indian economy, says secondary steel industry body
Healthcare/Biotech News
Mankind gets CDSCO nod for Phase 1 clinical trials for molecule to treat autoimmune disorders- The missed window: Why half of India’s people with diabetes learn too late
- Health experts alarmed by GST cut on beedis, demand uniform taxation
- AstraZeneca to invest Rs 176 cr to expand GITC in Chennai
- USFDA issues Form 483 with 8 observations to Aurobindo's Telangana unit
Services News
Rising home prices a major concern for over 81% property seekers : Survey- Global capital turns selective, India stays on the investment map: Hines' Steinbach
- Kiranas, distributors turn lean as countdown to September 22 begins
- India's realty market offers long-term investment opportunity: Hines CIO David Steinbach
- Sandeep Goyal eyes Dentsu's non-Japanese ad business
Media/Entertainment News
Sholay was like a big and successful startup idea of those days: Rohan Sippy- Dish TV eyes 25% revenue from non-DTH biz in two years, forays into smart TV market
- Dish TV launches VZY Smart TVs, aims 25% revenue share from non-DTH by 2027
- IBDF, IAMAI weighing options on final response to MIB's TV ratings reform plan
- Higher IPL ticket prices may squeeze franchise revenues
Transportation News
SpiceJet repays $24 mn in dues to Credit Suisse- Delhi Airport’s T3 to boost international capacity by 50% this winter
- Vande Bharat sleeper may debut from Delhi
- Air India's multiple snags and diversions normal, given its size: CEO Campbell Wilson
- Flight incident rate 'entirely normal', Net Promoter Score hits record high: Air India CEO
Telecom News
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