- Ixigo bets on voice AI to power travel payments July 9, 2026Ixigo seeks an early lead as voice-based payments emerge as the next frontier.
- Vibgyor Group of Schools plans first-ever external fundraise, appoints banker for minority stake sale July 9, 2026The Mumbai-based school chain is looking to sell upto 30% stake as private equity interest returns to India's K-12 sector, weeks after Vitruvian invested ₹1,159 crore in Orchids Schools.
- Chandrasekaran sets up interim committee to lead Air India as search continues for CEO Campbell Wilson’s successor July 9, 2026Tata Sons appoints an interim committee, including N Chandrasekaran and Pradeep Singh Kharola, for Air India while a new CEO is sought to replace Campbell Wilson. The airline struggles financially despite recent investments, facing challenges in growth and aircraft deliveries.
- Mukesh Bansal's Nurix moves beyond voice AI to bet on workflow automation July 9, 2026By deploying AI-native software to displace legacy corporate systems, the startup is expanding into back-office processes after realizing that simple voice bots offer limited long-term impact for enterprises.
- Peak XV nets 12 fold gain on K12 Techno after Vitruvian infuses ₹1,159 crore July 9, 2026Peak XV Partners has achieved a remarkable 12-fold return on its investment after a substantial ₹1,159 crore influx from Vitruvian Partners into K12 Techno Services. This deal catapults K12's valuation and highlights its rapid growth in India's booming education market.
- Hormuz & Iran war can slow India down but not hold it back July 9, 2026Despite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-growing major economies. Strong consumer spending, booming automobile sales, rising FMCG demand, resilient services and robust domestic consumption are helping shield India's economy from global shocks and trade unc […]
- India-New Zealand FTA to make 57% of NZ exports tariff-free from day 1, Kiwi PM says July 9, 2026New Zealand's Prime Minister Christopher Luxon announced a significant trade deal with India. Fifty-seven percent of New Zealand's exports will enter India tariff-free immediately. Prime Minister Narendra Modi will visit New Zealand from July 10-11. This agreement expands access for New Zealand businesses to India's large economy. Discussions […]
- Demerger may not be tax-neutral if holding company issues shares: Mumbai ITAT July 9, 2026Mumbai ITAT ruled demerger share issuance by holding company invalidates loss carry-forward. A subsidiary receiving business must issue shares for tax neutrality. This decision affects corporate restructuring and group reorganizations. Companies must now re-evaluate demerger structures and their tax implications. The ruling clarifies statutory conditions for […]
- India's richer middle class is living a more dollar-linked life while earning in rupees July 9, 2026Dollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and overseas education are becoming regular annual expenses for many families. Digital subscriptions, AI tools, and imported electronics also contribute to this growing dollar demand. While oil imports remain the largest driver […]
- 'Exclusively peaceful purposes': Albanese confirms Australian uranium supply deal with India July 9, 2026
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