32 C 
The EPFO's Employees Deposit Linked Insurance Scheme (EDLI) offers insurance for members and ensures that their families receive financial payout in case of death. Here's how to claim up to 7 lakh benefit at no additional cost
Dabur, Ferns N Petals and four other firms rectify labelling, ad violations after FSSAI notices
Dabur India, Ferns N Petals and four other food businesses have taken corrective action after receiving notices from FSSAI over misleading labels, claims and advertisements. Measures include changing product categorisation, removing claims, revising packaging and marketing material, and correcting chocolate labels, as the regulator steps up industry accountability.
Delhi Lakshmi Yojana: 2,500 aid cannot be spent on tobacco, gambling and...; here's whats banned?
The Delhi Lakshmi Yojana provides 2,500 monthly to eligible women from low-income families, effective August 1. Beneficiaries face strict eligibility checks and spending restrictions.
L&T Finance eyes Bengal expansion with 26 new gold-loan locations
L&T Finance plans to add twenty-six new locations by March twenty twenty-seven. This expansion aims to deepen its presence in West Bengal's gold-credit market. The company currently operates twenty-eight locations and has a portfolio of Rs one hundred sixty-five crore. West Bengal's gold-loan market is estimated at Rs forty-seven thousand crore. New RBI guidelines aim to create a level playing field for lenders.
Advance tax under Income Tax Act, 2025: Who needs to pay, deadlines and how to calculate it
Advance tax helps taxpayers spread their income tax payments throughout the year instead of paying a lump sum later. The Income Tax Act, 2025, introduces rules from Tax Year 202627. Heres who needs to pay, key deadlines, and how to calculate it.
Gujarat Cotex plans diversification into edible oils, infra sectors
Gujarat Cotex has unveiled its strategic plans to broaden its business horizons. With the introduction of new divisions, the company is set to venture into both edible oils and infrastructure sectors.
Oil prices could fall to $60: Will petrol and diesel get cheaper for the common man?
Mark Matthews of Julius Baer predicts crude oil prices may drop to $60 a barrel amid geopolitical concerns. While higher supply from Gulf producers could stabilise prices, sustained low prices are unlikely. The impact on consumers may be limited due to taxes and refinery costs in India.
India offers over Rs 1 lakh cr digital connectivity opportunity: BIF President
Satellite communication services present a Rs 1 lakh crore digital connectivity opportunity in India. Many rural Indians remain unconnected to broadband, which satcom can address. Modernizing agriculture and improving yields can be achieved through satcom-enabled IoT solutions. Integrated communication systems will combine fiber, mobile, Wi-Fi, and satellite technologies. The government is facilitating satellite broadband deployment for underserved areas.
Can an NRI be the sole trustee of an Indian private trust?
There is no prohibition under the Indian Trusts Act on appointing a non-resident Indian as a trustee of an Indian private trust. However, the appointment should be structured carefully, in the context of the rights available to beneficiaries
GE Aerospace uses AI to cut aircraft engine turnaround time by five days
GE Aerospace is using artificial intelligence at its Bengaluru technology centre to improve aircraft engine inspections, maintenance and supply-chain forecasting, reducing engine turnaround time by around five days. Its AI-enabled tools are also cutting GEnx blade inspection times by about 50%, while engineers work on next-generation propulsion and engine technologies.
A sizeable corpus doesn't necessarily end anxiety, said a retirement strategist, noting that many retirees are afraid to spend because they do not know how much they can safely withdraw without exhausting their savings.
An NRI in the UK inquired about the tax implications of gifting savings to his father's HUF. HUFs face specific tax rules under the Income Tax Act 2025, treating unconsidered gifts as taxable income, with exceptions for relatives.
Nagaland gets its first natural gas supply via National Gas Grid
Indradhanush Gas Grid Limited has supplied natural gas to Nagaland for the first time through the National Gas Grid after injecting gas into the DergaonDimapur Pipeline.
Fitment factor is a multiplier used to convert an employee's basic salary to the revised basic salary under the new pay commission. Today, we calculate how much of a salary hike another 2.57 fitment factor same as 7th CPC could provide beneficiaries.
Small-city aspirations power education loan demand
Education loan applications are increasingly coming from smaller Indian cities. Tier II and III cities now represent over eighty-six percent of loan requests. Uttar Pradesh and Maharashtra show the highest volume of these applications. Job training and MBA programs are the most financed courses by students. This trend indicates growing ambition and a focus on career outcomes in smaller towns.
Tata Steel gets CCI nod to acquire additional 23% stake in TM International Logistics
The Competition Commission of India has approved Tata Steels acquisition of an additional 23% stake in TM International Logistics from IQ Martrade. The transaction will raise Tata Steels holding to 74%, making it the majority shareholder, while NYK Europe will retain 26%. IQ Martrade will exit the joint venture.
Crompton banking on premiumisation, new categories to drive growth: MD Promeet Ghosh
CGCEL, which on Tuesday unveiled a refreshed brand identity, has expanded its total addressable market size from about 80,000 crore three years ago to around 1.6 lakh crore, following its entry into new segments
'Building wealth isn't the goal': Deepak Shenoys investment advice for mutual fund SIPs goes viral
Deepak Shenoy, Founder and CEO of Capitalmind Mutual Fund, highlights the effectiveness of lump-sum investing and SIPs. He explains how initial portfolio value reflects saved money while wealth ultimately relies on both investing and spending wisely in life.
Financial constraints are the major challenge to narrowing the dearness allowance (DA) gap with central government employees and pensioners, as per Tripura state finance minister Pranajit Singha Roy.
Payments under West Bengal's 'Annapurna Yojana' started on Monday, targeting 1.45 crore eligible women. Chief Minister Suvendu Adhikari detailed eligibility, the application process, and highlighted a dedicated portal for assistance to ensure timely payments as part of the BJP's welfare initiatives.
Wondering whether you can gift crypto in India? This guide explains the rules around crypto gifting, including who can receive tax-exempt gifts, how tax is calculated when gifted crypto is sold, ITR reporting, documentation and other key compliance requirements.
NFO Alert: Invesco Mutual Fund announces launch of pharma and healthcare fund
Invesco Mutual Fund has launched a new open-ended equity scheme. This fund will invest in India's evolving pharma and healthcare sectors. It aims to capitalize on favorable demographics and expanding healthcare access. The new fund offer is open for subscription until September 1. Investors can start with a minimum lump sum of Rs 1,000.
Owning more mutual funds does not automatically mean better diversification, as different schemes can hold the same stocks, sectors and market-cap exposures. Experts explain how investors can identify portfolio overlap and know when adding another mutual fund may only increase duplication.
Gold and silver ETFs gain investor interest, AUM jumps over 2X in one year: Report
Gold and silver ETFs saw sharp AUM growth over the past year, with gold ETF assets rising 2.6 times and silver ETF assets 3.4 times by July 2026. Commodity funds also increased their share of passive assets, reflecting stronger investor interest.
Defence stocks surged up to 10% after the Defence Ministry unveiled its sixth Positive Indigenisation List covering 405 items with Rs 3,070 crore business potential. The move aims to boost domestic manufacturing, innovation and investment while reducing Indias dependence on defence imports.
Missed declaring foreign assets? Heres your relief windowwith a catch.
The CBDT is giving small taxpayers, NRIs and employee stock option holders until 31 December to avoid severe Black Money Act penalties, but this immunity comes at a steep cost.
What's the goal behind monthly SIPs? Deepak Shenoy says it's not averaging out market volatility
Capitalmind founder Deepak Shenoy said the primary purpose of SIPs is not to average out market volatility, but to align investments with peoples monthly income cycle. He argued that investors typically earn, save and invest each month, making monthly SIPs a natural way to build wealth, while price averaging is merely a by-product.
AI can answer your money questions. But should you trust it with your finances?
AI is making financial advice more accessible, but confident answers can mask flawed assumptions, unsuitable recommendations and a lack of accountability. Heres where investors should draw the line.
Tata Play partners Spotify to offer four-month Premium trial
Tata Play and Spotify have partnered to offer a complimentary music trial. Eligible Tata Play Binge subscribers can receive four months of Spotify Premium. This collaboration aims to expand music offerings and customer reach for both companies. The service provides ad-free listening and access to millions of songs. This partnership complements Tata Play's existing television and OTT aggregation services.
Succession Planning: 8 key tax considerations you should take into account
Succession planning involves connected legal and tax events, not just death. Income earned before death must be reported by the deceased's representative. Income arising after death is taxable to the executor or administrator. Individual and HUF property tax treatments differ significantly based on acquisition. Proper record-keeping is essential for calculating capital gains and tax liabilities.
Hindustan Copper plans capital investment of over Rs 7,000 cr over next 5-6 yrs
Hindustan Copper plans significant capital investment over the next five to six years. This expansion drive includes exploration and mine revival initiatives. The company is also pursuing strategic partnerships for growth opportunities. Rising domestic copper demand fuels these ambitious expansion plans. Hindustan Copper aims to bolster India's mineral security through these efforts.
Noidas new airport route revealed: This 50-km elevated bypass could change how you reach jewar
The Yamuna Pushta elevated expressway alignment has been revised to extend closer to Noida International Airport. The eight-lane road will now span approximately 50km and connect with the Faridabad-Jewar Greenfield Expressway. The revised route is designed to accommodate the expected rise in traffic after the airport becomes operational and ease pressure on existing roads. The project, estimated to cost Rs 4,000 crore, aims to improve connectivity between Delhi, Noida, Greater Noida and the airport.
Leakage in concealed plumbing lines of 1st floor bathroom led to ground floor residents facing water leakage; Maharashtra court rules housing society cannot be held responsible for leakage or repairs inside individual units
SBI paid Rs 40.62 lakh rent to three landlords but erroneously reported entire TDS against one landlord's PAN, leading to tax dept denying Rs 2.7 lakh TDS credit as landlord only declared 1/3rd rent in ITR; Landlord fights in ITAT Agra and wins case; Know why
Airfare rules overhaul: What Centres new framework could mean for flyers
New aviation rules are being fast-tracked by the Centre for India's civil aviation sector. These rules will be finalized within three weeks under the Bharatiya Vayuyan Adhiniyam, 2024. The government is responding to Supreme Court concerns about unpredictable airfare increases and passenger charges. India's aviation market currently operates on a dynamic pricing model, which can lead to varying ticket costs.
Paper industry's 'measured improvement' masks subdued demand and reliance on cost cuts, experts warn
India's writing and printing paper industry anticipates measured improvement this fiscal year. Operating margins are projected to expand significantly due to lower hardwood prices. Increased domestic hardwood availability offers relief on a key input cost. Demand is expected to remain steady, supported by education and banking sectors. Manufacturers are focusing on efficiency investments rather than capacity expansion.
SBI, Nippon India among 6 AMCs seeing over Rs 10,000 crore T30 inflows in July
BSE, RIL, Paytm among stocks bought and sold by HDFC Mutual Fund in July
July was a busy month for HDFC Mutual Fund, which ramped up its investments by increasing its stakes in about 422 stocks. Simultaneously, the fund reduced its involvement in 164 stocks, affecting numerous prominent companies. They integrated five new stocks and fully exited from J.B. Chemicals and Nilkamal. HDFC Mutual Fund now manages a total of around 703 stocks, heavily weighted towards financial services.
Inox Clean Energy completes Rs 6,000 crore acquisition of BlackRock-owned GIP's Vena Energy India
Inox Clean Energy has acquired Vena Energy India's renewable platform for Rs 6,000 crore. This rapid transaction was completed within two months, showcasing strong financing capabilities. Vena Energy India's portfolio includes operational and developing solar, wind, and BESS assets. Following this acquisition, Inox Clean's operational capacity will reach approximately four gigawatts.
Only four multi-asset allocation funds delivered more than 15% SIP returns over three years, led by Quant at 18.51%. But the five-year data tells a different story, with ICICI Prudential, SBI and UTI also crossing the 15% mark.
Firm linked to LNJ Bhilwara buys Max Group apartment in Noida for Rs 37 crore
A luxury apartment in Noida sold for thirty-seven crore rupees. This transaction highlights growing demand for managed communities and prime locations. Max Estates acquired a project with significant development potential. The developer expects substantial revenue from fresh sales and existing customers. Noida is becoming a premium real estate destination for executives.
SIF AUM crosses Rs 23,000 crore in July; Hybrid Long-Short funds lead with 66% share
SIF strategies attracted Rs 4,922 crore in inflows in July, up from Rs 3,782 crore in June. Since October 2024, the category has received Rs 22,328 crore, according to ValueMetrics.
Delhi's Anand Vihar, Kashmere Gate, and Sarai Kale Khan are among three major transit zones proposed to become integrated multi-modal transport hubs under DDA's Master Plan Delhi 2047, aimed at making transfers between metro, rail, bus, and RRTS seamless. The plan has been approved by DDA but is yet to be notified by the central government.
New Banking Law: There have been changes in banking rules. The 135 year old law has now been replaced by the new law. According to the new law, the police will now be able to ask for customers bank information directly from the bank. Also, the digital records of the bank will now be considered [] The post Banking Rules 2026: Now the police can directly ask for bank account information, learn about 5 major changes first appeared on informalnewz .
Want free airport lounge access without minimum spend? Check these 5 credit cards
India's pharma sector must shift from cost competitiveness to innovation, global quality: Experts
For the growth of India's pharmaceutical sector, prioritizing innovation and advanced manufacturing is essential. Experts indicate that increasing investments in research and digital technologies could propel the market to an impressive USD 130 billion by 2030. Companies must also elevate their quality and comply with global regulatory expectations to compete in the global landscape, thus establishing India as an innovation hub in life sciences.
NRIs Dubai life insurance payout triggered 40 lakh tax dispute, why ITAT ruled in his favour
An NRI who bought a life insurance policy in Dubai while working there won a 40 lakh tax dispute after the ITAT ruled that the policy was not an undisclosed foreign asset.
Colgate may get costlier as input inflation returns
Colgate-Palmolive India may increase product prices further due to rising commodity costs. The company is protecting vulnerable consumers with existing grammage additions. Premium products are driving growth at six times the market rate. Rural markets are supporting volume growth through increased availability and awareness.
Should I sell my flat and invest to earn interest, or keep it and earn rent in my retirement?
ET Wealth Reader's Query: I own a two-bedroom flat in Bengaluru, which is about 10 years old, and have no outstanding loan. I am a senior citizen with pension income and live with my son. Should I retain the property and earn rental income, or sell it and invest the proceeds in fixed deposits for a steady interest? Currently, my annual income is below Rs 12 lakh, so I am not liable to pay any tax.
135-year-old banking law gets a digital makeover: 3 key changes you need to know
yearold banking law gets a digital makeover key changes you need to know
Himadri Speciality Chemicals sets Rs 3,000 cr revenue target for its arm Birla Tyres
Himadri Speciality Chemicals plans to grow Birla Tyres to Rs 3,000 crore revenue. The company will focus on premium products and expanding its export markets. Electric vehicle tyre production and new SKUs are key growth drivers. A dedicated passenger car radial facility is targeted for commissioning in FY28.
BSE shares drop 3% after second downgrade in two days. Nuvama lists CAS among 3 key headwinds
BSE shares extended their losing streak after Nuvama downgraded the stock to Hold and cut its target price, citing three key concerns: the impact of CAS on trading volumes, tighter bank guarantee norms and limited scope for further market-share gains. Jefferies also recently downgraded the stock, adding to pressure on its earnings outlook.
ASK Property Fund exits Shriram Properties Chennai project for Rs 340 crore
ASK Property Fund exited its Chennai residential project investment. The fund realized Rs 340 crore against its Rs 215 crore investment. This exit delivered a gross investment multiple of approximately 1.6x. Shriram Properties CEO noted a long-term relationship with ASK Property Fund. ASK Property Fund continues focusing on residential projects with strong fundamentals.
Today gold rate: On August 18, 2026, gold prices showed a slight uptick at leading jewellery retailers. While Tanishq kept its gold prices unchanged, competitors like Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers raised their 22k gold rates. Notably, the India Bullion and Jewellers Association reported minor fluctuations in gold and silver rates, showcasing ongoing trends in the precious metals market.
TechnoSport to invest 130 crore to expand Erode manufacturing facility, to add 500 jobs
TechnoSport will invest 130 crore to expand its Erode manufacturing facility. This expansion will increase production capacity and create 500 new jobs in Tamil Nadu. The activewear company is also growing its retail presence significantly. TechnoSport plans to double its exclusive brand outlets by the end of FY27. This investment strengthens the company's manufacturing capabilities in the state.
FCNR deposit: High interest and 19X leverage? Know the hidden risks NRIs must watch out for
Maruti Suzuki Fronx crosses 2 lakh exports in under 38 months
Maruti Suzuki's Fronx has achieved 2 lakh exports in under 38 months. This Indian-made SUV is now the fastest to reach this significant export milestone. The vehicle began its export journey in June 2023 and has reached many countries. Fronx has become a key contributor to the automaker's overseas performance. It is now India's number one exported passenger vehicle since FY25.
Indias six listed REITs distributed 3,136 crore to nearly 5 lakh unitholders in Q1 FY27, as the sector expanded its asset base. The six trusts together manage over 3.17 lakh crore in gross AUM and more than 214 million sq ft of Grade A office and retail assets.
Govt proposes age limit extension for EVs, hydrogen and CNG-powered vehicles
The Centre proposes extending vehicle age limits by five years. National permit authorisations may be granted electronically for up to five years. Temporary vehicle registrations will have revised validity periods. Automotive component manufacturers will be brought under trade certificate provisions. Vehicle documentation and owner details will be digitized through VAHAN.
View: India needs guardrails around shadow loans, not bans
The RBIs proposed curbs on flexi loans could reshape how Indias self-employed workers and small businesses borrow. While the move aims to prevent evergreening of bad debt, it could also restrict a useful source of flexible working capital. The bigger question is whether tighter oversight can curb misuse without shutting out genuine borrowers.
Best arbitrage mutual funds to invest in August 2026
Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments are for less than a year, short term capital gains tax of 20% will be applicable.
HDFC Defence Fund adds Cochin Shipyard & INDO-MIM, increases stake in HAL, Mazagon Dock, 5 others
In July, the HDFC Defence Fund made significant moves by adding Cochin Shipyard and INDO-MIM to its portfolio. The fund also augmented its investments in Hindustan Aeronautics and Mazagon Dock Shipbuilders, while expanding its holdings in five additional defence sector stocks. However, it opted to reduce its stakes in three companies, including Aequs, leaving the fund's portfolio with a total of twenty-four varied defence-related stocks.
Office rents climb across Indias gateway markets, Bengaluru leads with 10.7% growth
India's prime office market shows continued strengthening and rising rents. Bengaluru remained a standout performer, while Mumbai and Delhi-NCR also saw healthy momentum. These cities collectively leased 9.8 million square feet in the second quarter. Bengaluru rents rose 10.7% year-on-year, and Delhi-NCR saw a 7.6% increase. Mumbai's prime office rents experienced a 4% year-on-year growth.
9 types of Wills. Why picking the wrong one could cost your family everything
Hill homes turn premium as buyers seek managed second-home communities at holiday destinations
Hill residences are becoming more expensive as buyers seek managed communities. Property transactions in Himachal and Uttarakhand now exceed twenty crore rupees. Amenities are a key consideration for affluent buyers choosing holiday homes. The second-home market is shifting towards professionally managed branded residences. This trend reflects a growing demand for lifestyle-led, yield-oriented products.
No ITR filed despite 30 lakh salary: Delhi ITAT explains why 3.74 lakh penalty was deleted
A salaried taxpayer earning over 30 lakh did not file his ITR and was later fined 3.74 lakh for under-reporting income. Delhi ITAT deleted the penalty after finding that he disclosed his full income and the tax department accepted it without additions.
Titan Company Share Price Live Updates: Titan Company Price Movement Analysis
Cipla Share Price Live Updates: Cipla's Recent Performance
HDFC Bank Share Price Live Updates: HDFC Bank Stock Update
TCS Share Price Live Updates: TCS Market Update
ONGC Share Price Live Updates: ONGC News
Britannia Share Price Live Updates: Britannia's Stock Price Slips Under EMA
CGHS has clarified rules on follow-up consultations, diagnostic tests and medical reimbursements for central government employees and pensioners. Tests costing up to 3,000 generally need to be done at the same hospital, while costlier investigations may require CGHS referral.
Power Grid Share Price Live Updates: Power Grid's Stock Movement Today
High-level committee on banking reforms soon: FM
Positive Breakout: These 7 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be in an overall uptrend.
An Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life insurance policy. The ITAT ruled that foreign insurer policies are not automatically subject to the Black Money Act, especially when premiums originate from non-taxable foreign earnings. This landmark decision offers clarity for NRIs and returning NRIs.
ICICI Bank overtakes HDFC Bank as top MF holding in July
ICICI Bank now leads mutual fund portfolios, surpassing HDFC Bank in July. This shift reflects investor concerns over HDFC Bank's leadership succession and governance issues. ICICI Bank has shown a steadier stock performance and stable results recently. Mutual funds have increased holdings in both banks, while overseas ownership has reduced. Reliance Industries, Bharti Airtel, and Axis Bank follow as top mutual fund holdings.
Sebi tightens mutual fund sponsor disclosure norms
Sebi is enhancing transparency in the mutual fund industry by requiring comprehensive disclosures from fund sponsors. The new single application form simplifies the registration for new funds, compelling sponsors to elaborate on their ownership structures, financial stability, and governance practices. Moreover, this revised process mandates compliance with established eligibility criteria and experience norms, ensuring a more robust foundation for mutual fund establishments.
Spirits giant Suntory bets on Oaksmith, Jim Beam to crack Indias whisky market by 2030
Suntory Global Spirits targets India as its third-largest market by revenue by 2030. The company plans to sell locally made whiskies and imported brands. Oaksmith whisky will target mass and mid-premium segments in India. Japanese and American whiskies will capture premium consumers in the market. Suntory will focus on scaling its whiskey business to achieve its ambitions.
Aegis Logistics in talks to acquire UAEs Tristar for $1.5 billion
Aegis Logistics is in advanced discussions to acquire Tristar for $1.5 billion. This consolidation could be one of the industry's largest efforts. Aegis is seeking acquisition financing from lenders for the deal. Tristar operates across many countries, complementing Aegis's expansion plans. The companies are currently holding bilateral negotiations under an exclusivity period.
Axis Bank expands corporate play beyond loans, shuns price war
Axis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corporate ecosystems. It handles collections, payments, trade finance, and salary accounts for businesses. Investment banking and wealth management services are also offered to companies and their promoters. This strategy aims to build liability and fee franchises by managing more corporate cash flows.
MCX plans Rs 200 crore investment to launch coal, minerals trading platforms
Multi Commodity Exchange of India plans to invest up to Rs 200 crore to launch dedicated coal and minerals trading platforms as the government seeks greater price discovery and transparency in domestic markets. MCX has incorporated separate entities for the businesses and received Sebi approval to invest about 100 crore in each.
MTNL, BSNL and RINL's Rs 13,500 crore worth of realty assets to hit markets
Realty assets worth an estimated 13,500 crore belonging to MTNL, BSNL and RINL are set to hit the market after the Department of Public Enterprises gave final approval for their monetisation. The National Land Monetisation Corp will market 23 prime properties across six cities, targeting 7,500 crore this fiscal.
Fare rules ground erring airlines, Supreme Court tells Centre
The Supreme Court has called on the Centre to take action against airlines that violate airfare regulations. In response, the government announced that they will finalize airfare rules within three weeks. Concerns have been raised about airlines flouting pricing guidelines from the ministry. The court has evaluated draft regulations presented in a sealed cover and will reconvene the hearing on September 7.
Diageo to rework whisky, rum brands after FSSAI red flag
The company said it had engaged with the Food Safety and Standards Authority of India (FSSAI) over its updated guidelines and had taken measures to bring its products in line with the revised requirements. We have engaged with the FSSAI to align on the new guidelines proposed by them and have since taken appropriate measures to align our products fully with the revised requirements, a Diageo spokesperson said.
Indias microfinance overhang is finally easing as debt-stressed borrowers fall
The number of microfinance borrowers with multiple loans has significantly decreased. These borrowers still hold substantial outstanding loans, posing a higher credit risk. Portfolio at risk for these stretched borrowers is higher than others. The microfinance market saw a record peak in loans outstanding recently. Stricter underwriting practices are helping the sector recover from past challenges.
Bombay Shaving to handle D2C biz for Colgate India
Colgate-Palmolive India is joining forces with Bombay Shaving Company to enhance its personal care division. This partnership will tap into Bombay Shaving Company's robust digital capabilities, focusing on direct-to-consumer strategies and e-commerce expansion. Since purchasing a minority share in 2018, Colgate-Palmolive India has entrusted Bombay Shaving Company with online advertising and consumer relations, while maintaining control over traditional retail brand management.
'Two Air India pilots found non-negative in drug test'
Two additional Air India pilots have reportedly tested non-negative in initial drug tests. These pilots have been removed from flying duties while confirmatory results are awaited. Nearly 400 pilots have undergone mandatory screening under Air India's program. This testing covers cockpit crew across the airline group, including Air India Express. The airline is conducting these tests beyond the civil aviation regulator's rules.
