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Business

Supreme Court rejects pleas by Vodafone Idea, Airtel, Tata Teleservices for AGR dues waiver, calls appeals ‘misconceived’ | India Business News

Vodafone had requested aid of roughly Rs 30,000 crore. (AI picture) The Supreme Court on Monday rejected appeals from main telecommunications firms Vodafone Idea, Airtel andTata Teleservices concerning their request for adjusted gross income (AGR) dues waiver. The bench, consisting of Justices J B Pardiwala and R Mahadevan, deemed these appeals “misconceived”.“We are really shocked […]

Business

Nvidia plans to sell tech to speed AI chip communication

Nvidia CEO Jensen Huang made the announcement on the Taipei Music Center, website of the Computex AI exhibition [File] | Photo Credit: AP Nvidia mentioned on Monday it plans to sell a expertise to others that may tie chips collectively so as to speed up the chip-to-chip communication wanted to construct and deploy synthetic intelligence

Business

Transit delays, higher prices: Bangladesh garment import curbs to hit buyers

NEW DELHI: Indian govt’s retaliatory transfer to prohibit import of ready-made clothes (RMG) from Bangladesh through the land route is predicted to improve logistics prices and transit time for the merchandise which account for round a 3rd of shipments from India’s neighbour within the east.While it takes solely two-three days for attire produced in Bangladesh

Business

Tata Steel plans major multi-crore ‘value takeouts’ across global models, says CFO

NEW DELHI: Tata Steel goals to chop prices by Rs 11,500 crore across its global operations over the subsequent 12–18 months, specializing in controllable bills, Executive Director and CFO Koushik Chatterjee mentioned throughout a post-earnings analyst name.Building on structural value financial savings of Rs 6,600 crore achieved in FY25, the corporate is intensifying its value

Business

70 applications received for scheme to produce electronic components

The authorities has received 70 applications for its ₹23,000-crore electronics part manufacturing scheme, and a majority of the candidates are small and medium enterprises, in accordance to Union Minister Ashwini Vaishnaw. | Photo Credit: ANI The authorities has received 70 applications for its ₹23,000-crore electronics part manufacturing scheme, and a majority of the candidates are

Business

Adani Defence & Aerospace partners with Sparton to manufacture indigenous sonobuoys, boost anti-submarine warfare capabilities

Adani Defence & Aerospace partners with Sparton (Image credit score: Adani Defence X deal with) NEW DELHI: Adani Defence & Aerospace has entered right into a binding collaboration settlement with Sparton (DeLeon Springs LLC), a subsidiary of Elbit Systems specialising in superior Anti-submarine warfare programs.The Adani Group firm on Sunday introduced that this alliance represents

Business

U.S. remittance tax plan may hit Indian households, rupee: GTRI

The provision is a part of a broader legislative package deal titled ‘The One Big Beautiful Bill’ launched within the U.S. House of Representatives. File | Photo Credit: Reuters A proposed 5% U.S. tax on remittances despatched overseas by non-citizens is elevating alarm in India because it may hit Indian households and the rupee, financial

Business

Sebi resolves 4,239 investor complaints via SCORES portal in April

The Securities and Exchange Board of India (Sebi) resolved a complete of 4,239 investor complaints by its on-line grievance redressal platform, SCORES, in the month of April, the market regulator stated in a public discover on Friday.During the month, Sebi obtained 4,341 new complaints. As a end result, the full variety of unresolved complaints stood

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