Business Insights
Amid sweeping changes to India’s Goods and Services Tax (GST) structure, the government has officially clarified that alcohol for human consumption will not be impacted by the revised tax rates set to take effect from September 22, 2025. Despite speculation that liquor could become costlier under the new 40% GST slab for sin goods, the…
Digital infrastructure and IT services firm Invenia has unveiled an ambitious growth roadmap, projecting a 40% revenue increase to ₹2,000 crore over the next three years. The company’s Vice Chairman and Non-Executive Director, Ankit Agarwal, shared the outlook in a recent interview, citing rising demand for data centre connectivity and government-led initiatives like BharatNet as…
Jacobs Solutions, the US-based engineering and infrastructure services firm, has reaffirmed its long-term commitment to India, citing robust growth opportunities in the country’s semiconductor and electronics sectors. In a recent interview, Koti Vadlamudi, Executive Vice President at Jacobs, stated that India is “a good place for us to invest long term,” pointing to the expanding…
In a strategic push to strengthen India’s semiconductor design ecosystem, the Centre has finalized a list of 25 priority products that will be supported under the India Semiconductor Mission (ISM) to accelerate indigenous intellectual property (IP) creation. Union Minister for Electronics and IT Ashwini Vaishnaw announced the development at Semicon India 2025, adding that the…
Marcellus Investment Managers founder Saurabh Mukherjea has reignited the debate on banking sector leadership, declaring that the post-COVID “downhill racing” phase is over and the time has come for the “Ferraris of banking” to pull ahead. Speaking on The Wealth Formula podcast, Mukherjea likened the easy-money era of 2020–2022 to a downhill race where even…
IndusInd Bank has appointed seasoned audit professional Pragati Gondhalekar as its new Head of Internal Audit, marking a critical step in its post-crisis recovery strategy. The move comes months after the private lender was rocked by a massive accounting discrepancy involving its derivatives portfolio and microfinance books, which led to senior-level resignations and a sharp…
In a dramatic shake-up at the helm of one of the world’s largest food and beverage companies, Nestlé has dismissed its Chief Executive Officer Laurent Freixe with immediate effect following an internal investigation that revealed an “undisclosed romantic relationship” with a direct subordinate. The Swiss multinational confirmed the decision on September 1, 2025, stating that…
In a strategic move that signals a recalibration of its global footprint, Deutsche Bank has put its India retail banking franchise on the block, inviting bids from domestic and foreign lenders. The decision, confirmed by multiple sources familiar with the matter, follows a global review of operations and mirrors similar exits by other foreign banks…
India’s automobile sector is gearing up for a major tax overhaul as the GST Council prepares to implement a simplified two-slab structure for vehicles. The proposed reform, expected to roll out by Diwali 2025, will reduce the Goods and Services Tax (GST) on small internal combustion engine (ICE) cars from 28% to 18%, with minimal…
In a landmark development for India’s technology and electronics manufacturing sector, Union Minister Ashwini Vaishnaw announced that the country’s first Made-in-India semiconductor chip will roll out from CG Semi’s pilot line in Gujarat. This breakthrough marks a defining moment in India’s journey towards self-reliance in semiconductor manufacturing, a sector that is critical for everything from…
