India is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five sources told Reuters, putting under scrutiny the premium entertainment devices both South Korean giants have bet big on. Lengthy import tariff and tax investigations have been a sore point for foreign investors in India and … Read more
Sunil Bharti Mittal’s Airtel Money, a digital financial services platform operating across 13 African markets, has announced its plan to list on the London Stock Exchange (LSE).Sources said the company could raise about $800 million from an initial public offering (IPO) and is targeting a valuation of $8 billion to $9 billion – possibly making … Read more
Samsung India Electronics profit declined 36 per cent to ₹7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing by the consumer electronics major. However, its revenue from operations rose slightly by 1.2 per cent to ₹1.12 trillion in FY26, according to financial data accessed through the business intelligence platform … Read more
As Snapdeal’s parent, AceVector Ltd, heads to the public markets, it wants Gen Z—more than two-thirds of its new customers—to remember little of the Snapdeal that once aspired to be one of India’s biggest e-commerce players. “For them, their perception of Snapdeal is the Snapdeal they see today,” said Rohit Bansal, promoter and joint managing … Read more
The Company had set aggressive growth targets in 2022, that never materialized due to it’s over bullishness and industry headwinds. It had later gave up various expansion plans as well as withdrew from loss making international operations. Now once again, Company (BRL) seems to be hopeful of a brighter future; atleast in the short term. … Read more
Tata Trusts’ opposition to N Chandrasekaran‘s reappointment as Executive Chairman of Tata Sons could trigger months of uncertainty over both his tenure and the group holding company’s proposed listing, Shriram Subramanian, Founder and Managing Director of InGovern Research Services, has warned. The Tata Sons board on Thursday approved Chandrasekaran’s reappointment for a further five-year term … Read more
The closing auction session (CAS) could see a change in how its closing price is used for settling index and stock derivative contracts on expiry, with markets regulator Sebi proposing two alternative methodologies after reviewing the newly introduced framework.Sebi’s consultation paper released on Saturday seeks stakeholder views on whether derivative settlement prices should be calculated … Read more
The Reserve Bank of India has directed Tata Sons Pvt. Ltd. to go for an IPO after rejecting its two-and-a-half-year-old application to surrender its registration as a core investment company, marking a new challenge for Tata Trusts chairman Noel Tata, who had lobbied hard to keep the group’s holding company private. In a letter dated … Read more
Mr. Altman suggested that OpenAI and other leading AI firms may be close to unveiling a pact to slow AI development. OpenAI will not go public in 2026, Chief Executive Sam Altman said in remarks published on Saturday (September 12, 2026), citing safety concerns over artificial intelligence that render “unacceptable” even a 10% risk that … Read more