- How MRF’s 102-member promoter family has stayed united for 80 years July 27, 2026MRF, India’s largest tyre-maker, published its annual report last week, which detailed the shareholding pattern of the promoter group, which owns 27.77% of the company. Thirteen promoter entities own about 16%, while the 102 individual family members own the remaining nearly 12%.
- Apple's India iPhone boom hits first speed bump in four years July 27, 2026Shipments slipped for the first time in nearly four years as iPhone 17 shortages squeezed supplies, even as consumer demand remained resilient.
- AI intensifies pricing war among IT services firms July 27, 2026Clients’ demand for AI-driven productivity gains has triggered an intense price war as technology companies of all sizes slash prices to win deals from clients that often choose vendors based on the lowest bid they receive for projects.
- Jindal Steel acknowledges leadership churn, banks on new hires for stability July 27, 2026Jindal Steel Ltd’s new managing director, Vidya Rattan Sharma, shifts the focus to the company's ‘upper middle management force’.
- Australia to Spend $3.2 Billion to Build Up Aukus Shipyard July 26, 2026Australia intends to plow more funding into a government-run shipyard in preparation for building nuclear-powered submarines, as the nation moves to upgrade its navy and expand domestic shipbuilding capacity.
- Trilateral critical mineral deals, wider air pact key to India-UAE ties ahead, says UAE Minister July 27, 2026India and the UAE are exploring joint investments in third countries for critical minerals. This strategic partnership aims to secure vital supply chains for future industries. Enhancing air services pact is crucial for boosting trade and tourism growth. Increased seat entitlements will lower airfares and connect more Indian cities. Both nations aim to achie […]
- Steps likely to safeguard FCV tobacco farmers July 26, 2026The government is currently investigating ways to protect the interests of FCV tobacco farmers. On July 25, a ministry team traveled to Andhra Pradesh to review the ongoing market climate. Their discussions emphasized strategies to support growers while ensuring the industry's stability. Additional Secretary Nitin Kumar Yadav reassured farmers about ong […]
- Global wheat rally revives India's export prospects as government allows 5 million tonnes of wheat exports after a four-year ban July 26, 2026With global wheat prices soaring, Indian wheat stands to benefit from new export avenues. India, possessing ample wheat reserves, has set the stage for exports through 2026. Current market dynamics, bolstered by increased freight costs and worries over worldwide crop yields, have triggered a price surge. As a result, Indian wheat prices now align favorably f […]
- Crypto exchanges to collect tax residency, ID details of users under new CBDT framework July 26, 2026India now requires crypto exchanges to collect user tax residency details. Digital asset intermediaries must share transaction data annually with tax authorities. This aligns with the OECD's global Crypto Asset Reporting Framework. The Central Board of Direct Taxes issued a detailed compliance framework for reporting. Data sharing with participating jur […]
- Tax filers scramble to fix foreign asset disclosures: I-T portal data & SMS alerts prompt review of overseas holdings before July 31 July 26, 2026Taxpayers are receiving alerts about undeclared foreign assets before the July 31 deadline. The tax department has uploaded foreign asset data, prompting disclosures and professional help. Lapses stem from ignorance, negligence, or conscious concealment of overseas accounts and properties. Some taxpayers are seeking immunity under a fast-track disclosure sch […]
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