A third legal salvo against Tata Trusts ahead of key 16 May meeting

Bengaluru and Mumbai: A 37-year-old transfer of shares of Tata Sons from a trust to the late Naval Tata—later inherited by his sons, Tata Trusts chair Noel Tata, the late…

Aditya Birla Health bets on wellness incentives to improve claims ratios

Aditya Birla Health Insurance Co. Ltd wants to position itself as an influencer, using wellness incentives to boost customer engagement, cost efficiencies and claims ratios. “Our thesis is very clear…

Actis restarts Nxt-Infra sale process, appoints Ambit

General Atlantic-owned infrastructure investor Actis LLP is looking to cash out, fully or partly, from its listed Indian roads platform Nxt-Infra Trust, two people aware of the matter told Mint.…

Auto Inc stares at stress in Bharat as signs of slowdown emerge

Two of India’s largest tractor makers and at least one motorcycle company expect sales of tractors and entry-level motorcycles to slow this year, signalling imminent stress for the auto industry…

Blackstone-backed Ventive doubles down on luxury hospitality with ₹2,000 cr push

Ventive Hospitality is positioning itself at the centre of India’s luxury travel boom with a ₹2,000 crore expansion pipeline spread over five years, which includes a new Soho House in…

Indian Banks poised for double-digit corporate credit growth on infra, energy, data centre push

Mumbai | Kolkata: Indian banks expect corporate loans to expand in double digits this fiscal, led by demand from diverse sectors such as renewable energy, infrastructure, auto manufacturing and data…

Brazil Meat Left Out of EU Suppliers List in Risk to Trade

(Bloomberg) — Leia em português. Brazil is absent from a list of countries authorized to supply animal products to the European Union, presenting a trade risk to the world’s largest…

Canara Bank chief says core income to support stability after profit decline on treasury losses

reported a 10% drop in net profit for the fourth quarter, largely on account of treasury losses. Interim managing director and chief executive officer Hardeep Singh Ahluwalia told Atmadip Ray…

Don’t need to visit I-T e-filing portal? Here’s how you can download Form 26AS through you bank website — Stepwise guide

Form 26AS aka the Annual Information Statement (AIS) is a comprehensive display of a taxpayer’s financial statement for the year. It has been replaced by Form 168 under the new…

Is foreign-earned salary in NRE account taxable in India? Here’s what rules say

Non-resident Indians (NRIs) have the option to transfer their overseas earnings to India through non-resident external (NRE) accounts to manage investments, family expenses and savings in the country. However, a…