27 C 
The Supreme Court set aside a 425.27 crore customs penalty after finding that the order relied on AI-generated legal material. The diamond trader will now face fresh adjudication by a different customs officer, while the court warned against relying on unverified AI-generated case law.
Leaving your job at 40 does not necessarily stop EPF interest immediately. Under current EPFO guidance, an eligible EPF balance can continue earning interest until you turn 58.
Union Road Transport Minister Nitin Gadkari has announced that owners of old diesel trucks and buses will be allowed to retrofit their vehicles with a low-cost emission-control device developed from an IIT-Delhi innovation. The device, priced at around Rs 4,000-5,000, can cut particulate matter emissions by up to 90% and nitrogen oxide emissions by 60%, bringing BS-III, BS-IV and older diesel vehicles close to BS-VI emission levels.
Creating a HUF allows families to benefit from independent taxation, separate deductions, and wealth management. However, merely establishing an HUF doesn't lower tax liability. Here's whether salaried individuals can form one.
Income tax authorities questioned a 25 lakh deposit by a Bengaluru resident. The cash deposit was subsequently treated as unexplained money and added back to her income. Here's why ITAT Bangalore still ruled in her favour.
Want Rs 1 crore retirement corpus by 50? Monthly SIP you need to make at 30, 35 and 40 years of age
To amass a retirement corpus of Rs 1 crore by the age of fifty, meticulous financial planning is essential. For those starting their investment journey at thirty, a monthly SIP of Rs 10,875 is crucial. If you begin at thirty-five, the amount needed increases to Rs 21,020 per month, and forty-year-olds will require a hefty Rs 46,640 monthly.
Bengaluru land owner was asked to give up 656 sq m land for road widening work; Corporation withheld OC because of this issue; Owner took the matter to Karnataka High Court and won the case
Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, September 5
September 5 is Teachers' Day in India, but banks remain open as it is the first Saturday of the month. RBI guidelines mandate bank closures on specific Saturdays and Sundays. Details here.
Scheduled and non-scheduled banks typically close on the second and fourth Saturdays, digital banking services will remain active even on holidays. Furthermore, various regional holidays in September will affect physical branch availability, but customers can continue to perform transactions via internet and SMS banking.
Govt flags Abhayrab rabies vaccine batch as substandard, probes if spurious, document shows
India's drug regulator has flagged a batch of Abhayrab rabies vaccine as substandard. This finding marks the second time concerns have been raised about counterfeit Abhayrab doses. The government's Central Drugs Laboratory found the vaccine did not meet potency requirements. Significant differences were noted between the sampled product and a reference sample. The regulator is investigating whether the vaccine is spurious under Indian law.
Beer gets its buzz going as spirits market sobers up
State-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
PVR INOX executive shown door in April after probe into alleged developer kickbacks
A senior PVR INOX executive was asked to leave in April after an internal probe. Allegations suggest kickbacks from developers involved in building cinema properties. These alleged payments reportedly occurred over several years and could total 200 crore. The investigation also aims to determine the full extent of the wrongdoing. The company's board has discussed these serious matters in recent meetings.
Phuket-Delhi flight: Probe finds hydraulic failure; pilot sacked
A preliminary probe found a hydraulic failure on a Phuket-Delhi flight. This incident caused altitude changes and triggered warnings, injuring 24 people. The pilot-in-command was sacked after testing positive for a psychoactive substance. Air India has begun voluntary pilot testing and maintains zero tolerance. Investigators are examining the Power Transfer Unit and maintenance records.
Stellantis in talks with Huawei and JAC Group for Maserati's future, sources say
Automaker Stellantis is discussing long-term industrial cooperation for its Maserati brand. Chinese firms Huawei and JAC Group are reportedly involved in these ongoing talks. This potential partnership aims to boost production rates at Italian manufacturing plants. Maserati, which faced losses last year, will present its own strategy soon. Stellantis stated discussions occur to offer customers better mobility choices.
HUL bets on cost cuts, brand push to revive its growth: MD
Hindustan Unilever plans to boost growth by increasing capital expenditure and focusing on key areas. The company will invest more in brands, distribution, and new product categories. Premiumization and expanding into new market spaces will drive future turnover. HUL aims to improve margins and operating efficiencies for reinvestment. This strategy targets increased consumption and a shift towards higher-value products.
Shalimar acquires 3-acre Lucknow land parcel for 450 crore, highest in tier 2 city
Shalimar Corp has acquired a three-acre land parcel in Lucknow for 450 crore. This acquisition marks a significant deal within tier two cities. Developers are actively acquiring land in prime locations due to rising demand. Consumers now seek planned neighborhoods with quality construction and modern amenities. This trend indicates a new wave of real estate growth in tier two cities.
Telco operators reject quality of service norms for 5G slicing
Telecom operators oppose Trai's draft quality of service norms for 5G network slicing. They argue proposed resource utilization benchmarks should be entirely dropped by the regulator. Public advocacy groups, however, believe these benchmarks can be retained as safeguards. Operators state that actual customer impact is captured via speed and throughput metrics. They believe rigid cell-level thresholds create artificial network constraints and misallocate capital.
Govindas get bigger safety net for Dahi Handi celebrations
Govindas participating in Dahi Handi celebrations now have doubled accidental hospitalisation cover. This increased protection comes with an unchanged premium of seventy-five rupees per person. Over 151,000 Govindas are covered this year, an increase from last year's participation. The policy provides ten lakh rupees for accidental death or permanent total disability. Coverage extends to training sessions and travel after the festival concludes.
New renewable energy units may need to store 10% power for 2 hours
According to the draft amendment to the Central Electricity Authority (Technical Standards for Construction of Electric Plants and Electric Lines) Regulations, plants commissioned from July 2027 are required to install the co-located storage.
Could your credit card pay for a luxury hotel stay? How to maximise reward points
Frequent travelers can leverage credit card reward points for hotel stays, unlocking loyalty benefits and free-night awards. It's crucial to strategically redeem points and compare cash prices with point requirements for maximum value, especially when hotel rates are high.
How to safely replace a damaged credit card
The Reserve Bank of India (RBI) requires card issuers to provide customers with clear mechanisms for reporting lost, stolen or misused cards, along with multiple channels through which cardholders can contact them
Retail sugar price falls 3.85% but remains above 62/kg ahead of festive season; check rates
Retail sugar price has dropped 3.85% to 62.57 per kg in a week, data from the Consumer Affairs Ministry showed. The slight drop follows recent government measures, including allowing imports and tightening of stockholding norms for dealers.
Student Term Insurance: When does it make sense and who should consider it?
The key question for students and their families is whether buying term insurance is necessary or whether it makes sense to wait until the student starts earning and takes on financial responsibilities.
NFRA forms audit quality, assurance and technology advisory committee
India's National Financial Reporting Authority has set up a fresh advisory committee that will delve into critical areas such as audit quality, assurance practices and the integration of emerging technologies. This committee, comprised of experts from finance, auditing, and tech backgrounds, aims to provide guidance on industry standards and to pinpoint new risks that require closer inspection.
Ahead of festive season, what is silver hallmarking? Here's how to spot and read the classifications
Silver hallmarking enables buyers to verify purity or fineness of precious metal jewellery. At present, the process remains voluntary for silver jewellery since 2005 but has been mandatory for gold since June 2021.
Lock in low premiums: Why buying health insurance in your 20s can save you lakhs later
Securing an individual insurance policy around age 25 while in good health unlocks financial and structural perks, including lower starting premiums and the ability to clear required waiting periods before medical issues arise.
NCLAT sets aside Zaveri Group's bid for Gujarat Hydrocarbons and Power SEZ
The NCLAT has overturned Zaveri Group's resolution plan for GHPSL. This decision mandates a restart of the insolvency process with new bids. The appellate tribunal cited an unverified presumption regarding SEZ de-notification. It also highlighted errors in the initial information memorandum provided. Consequently, fresh expressions of interest will now be invited.
Banking system liquidity surplus hits new record of 10.3 trillion
Strong inflows from the central bank's swap scheme pushed banking system liquidity to a record, weighing on overnight rates and prompting VRRR auctions
Rejoining the EPFO after a break? Here's how members can activate their UAN on the Umang app, what steps you can take to recover the account online and how your funds can be redeemed, in simple steps
BSNL's homegrown 4G network carries 6 PB data per day: C-DoT
BSNL's indigenous 4G network is handling six petabytes of data daily. The network supports 1.75 lakh 4G base stations across one lakh sites. High-definition voice calls are now enabled through IP Multimedia Subsystem deployment. Indigenous 5G RAN technology is currently undergoing live testing on BSNL's network. BSNL aims to compete with private operators using its domestically developed mobile network.
Are large-caps attractive after correction? Heres what investors need to know
R. Sivakumar from Axis Mutual Fund indicates large-cap stocks are becoming attractive after a correction, suggesting favorable conditions for investors.
Belgian PM Bart De Wever inaugurates renovated HRD Antwerp lab at Mumbais BKC
The expansion will increase HRD Antwerps research and grading capacity in Mumbai by 30%, allowing the laboratory to examine and grade up to 2,000 diamonds a day, compared with its earlier capacity. The company will also recruit 40 additional full-time employees to support the expanded operations.
Uttarakhand releases 147.05 crore pension was transferred directly into the bank accounts of 991,914 beneficiaries. In August, pensions of 5,605 new beneficiaries were also sanctioned under various pension schemes.
Air India terminates Phuket-Delhi flight pilot after testing positive for drugs
Air India terminated a pilot's employment after a positive drug test. The pilot was in command of a Phuket to Delhi flight. This action follows Air India's strict zero-tolerance safety policy. The airline confirmed the pilot's employment termination with immediate effect. This incident highlights the airline's commitment to regulatory compliance.
Investors wary of heavy AI spending by US tech giants are turning to Apple, which offers tech exposure with lower risk. Apple shares rose 7% while spending only $6.8 billion on capex, unlike major competitors investing $30-$54 billion quarterly.
Lupin gets USFDA approval for Modafinil tablets to treat excessive sleepiness
Pharmaceutical major Lupin announced its USFDA approval for Modafinil tablets. These tablets are used to treat excessive sleepiness in adult patients. The approved drug is bioequivalent to Provigil Tablets of Nuvo Pharmaceuticals. Modafinil tablets had estimated annual sales of USD 70.7 million in the United States. Lupin currently operates 15 manufacturing facilities globally.
HSBC Midcap Fund turns 10,000 monthly SIP into 2 crore since 2004
HSBC Midcap Fund has delivered a 24.13% CAGR over three years, outperforming its benchmark and category averages across time horizons, with a monthly 10,000 SIP since its August 2004 inception growing to over 2 crore.
The commission has scheduled meetings in September and October this year, in Chennai (Tamil Nadu), Puducherry (Union Territory), Chandigarh (Punjab, Haryana, Himachal Pradesh, UT), Bengaluru (Karnataka) and Mumbai (Central Railways).
Mamaearth parent Honasa Consumer targets Rs 5,500 cr revenue by FY31
Honasa Consumer expects revenue to double to Rs 5,550 crore by FY31. The company also targets an Ebitda margin of 15 percent during the same period. Growth will focus on existing popular categories and expanding into new ones. Mamaearth, the flagship brand, is showing renewed growth in key segments. Honasa Consumer intends to capture the surging online retail wave in India.
Chandigarh consumer court orders holiday club to refund 95,000 with 9% interest
Chandigarh District Consumer Disputes Redressal Commission has ordered Park Club International to refund 95,000 with 9% annual interest, plus 15,000 in compensation
Insurer can't reject claim if alcohol habit disclosed before policy purchase: Consumer commission
A consumer commission ordered Edelweiss Tokio Life Insurance to pay over fifty lakh rupees. The company rejected a widow's claim despite disclosed alcohol consumption by her husband. Hypertension and diabetes were also noted as lifestyle diseases by the commission. The insurer was found guilty of deficiency in service for rejecting the claim. The widow will receive the claim amount, interest, and compensation for harassment.
E-commerce exports to help increase business of small-town players, says experts
Government e-commerce measures will significantly boost small-town traders' global market access. Artisans in handlooms, handicrafts, and jewellery can now reach overseas buyers more easily. Reliable cross-border payment infrastructure is crucial for growing export volumes and international sales. This shift could transform India's export value and economic activity locations. India aims for USD 350 billion in e-commerce goods exports by 2030.
A weak start does not necessarily mean an SIP will deliver poor long-term returns. A 20-year analysis by ShareMarket by PhonePe shows that most five-year SIPs recovered from weak or negative returns in the first two years, with nearly 69% eventually delivering double-digit annualised returns. The data also highlights how extending the investment horizon to seven or 10 years can significantly reduce loss risk and improve return consistency, underscoring the importance of patience and compounding in equity SIPs.
CG Power and Industrial Solutions starts production at new Madhya Pradesh facility
CG Power and Industrial Solutions announced the first power transformer rollout from its new Sehore facility. This facility is India's largest single-location power transformer manufacturing plant. It can produce thirty-five power transformers monthly, ranging from 220 kV to 1,200 kV. The new plant will create over two thousand direct and indirect jobs in Sehore. Madhya Pradesh's Chief Minister attended the event and spoke about development.
Amid the row among employees over pending dearness allowance payments and hike to match the Centre's DA percentage. Punjab finance minister Cheema has said the state government is prepared to ensure salary parity with central government workers.
Government's Rs 37,500-cr coal gasification scheme fails to attract bids
No applications were submitted for the Rs 37,500 crore coal gasification incentive scheme. The September 7 deadline passed without any private or public sector interest. This raises concerns about the viability of the coal ministry's ambitious gasification targets. The scheme aimed to boost clean energy and reduce import dependence.
Mutual fund NFOs: 12 new funds are open for subscription now. Check details
UTI BSE India Sector Leaders ETF, Zerodha Life Cycle Fund 2031, Monarch Overnight Fund, Motilal Oswal Quality Fund, Navi Nifty REITs & Realty Index Fund, NFO, mutual funds, mutual fund news
Delhi rain: Heavy rains lashed Delhi on Friday, impacting flight operations and causing waterlogging. IndiGo and Delhi Airport issued advisories for passengers due to the bad weather. The India Meteorological Department issued a red alert for intense rainfall and thunderstorms. Palam and Najafgarh recorded rainfall while other stations showed none. More rain and thunderstorms are expected throughout the day.
Planning 10 lakh investment for a 5-year-old daughter? Experts recommend a diversified mix of equity mutual funds, Sukanya Samriddhi Yojana, and term insurance to build long-term wealth for her education and future.
Top 8 equity mutual funds deliver over 40% returns on SIP investments in 1 year. Do you own any?
The top eight equity mutual funds delivered over 40% returns on SIP investments in the last one year, with seven smallcap funds and one focused fund making the cut. Bank of India Small Cap Fund topped the list with a 49.99% return, while 247 of the 293 equity funds analysed delivered positive SIP returns during the period.
SBI Small Cap, Kotak Small Cap among 8 small-cap funds that lacked consistency over 5 years
Eight small-cap funds recorded low performance consistency over the past five years, with scores ranging from 20% to 46%, according to the CRI Mutual Fund Scorecard for the quarter ended June 2026. LIC MF Small Cap Fund had the highest consistency score at 46%, while Kotak Small Cap Fund ranked lowest at 20%.
Train garbage disposal system: Indian Railways has developed a new garbage disposal system for LHB coaches to improve waste management during long-distance journeys. The system significantly increases waste storage capacity, holding up to 367.4 litres of refuse. Passengers can dispose of waste through a drop box, which transfers it to an undergear collector. Made of stainless steel, the collector is designed for durability, easy removal and maintenance after journeys.
The 8th Pay Commission completes 10 months on Friday, with Chennai, Chandigarh and Bengaluru visits scheduled next. A look at the key dates, fitment factor debates and what lies ahead for central government employees and retirees awaiting revised pay and pension structures.
Akasa Air expands Southeast Asia footprint with new Vietnam flights
Akasa Air has launched four weekly direct flights between Mumbai and Hanoi, making the Vietnamese capital its seventh international destination. Hanoi is also the airlines second destination in Southeast Asia after Phuket, expanding travel options between India and Vietnam.
Knight Frank India elevates Viral Desai as CEO, to take charge from April 2027
Knight Frank India has appointed Viral Desai as its new Chief Executive Officer. Desai will assume leadership of the company's India operations starting April 1, 2027. He has been a dedicated employee with the firm since 2007. Desai brings extensive experience in transactions and business development to his new role. He will work closely with the current CMD during the transition period.
Tata Realty appoints Gaurav Jain as MD & CEO
Jain, who has more than 23 years of experience in the real estate sector, has worked at Birla Estates, Godrej Properties, Mahindra Lifespace Developers Ltd, and Unitech Group
Volkswagen to fire 12% of its India workforce amid major cost overhaul
Volkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve percent by 2027. This move seeks to lower costs before the next investment cycle begins. The automaker is also considering a deal for a controlling stake by JSW Group. These actions reflect global pressures on Volkswagen amid slowing demand.
Moopen family picks up additional stake in Aster DM Quality Care for Rs 350 cr
Union (Mauritius) Holdings acquired a 0.57 percent stake for Rs 350.34 crore. This acquisition increased the Moopen family's total shareholding to approximately 24.58 percent. The transaction involved purchasing equity shares from Centella Mauritius Holdings Ltd. The deal was executed at a price of Rs 760 per share on September 2. Aster DM Quality Care now operates a network of 39 hospitals across 28 cities.
How about a card that not only offers airport privileges but also earns rewards on every eligible spend and UPI transaction, with zero forex markup on international transactions? This new co-branded credit card offers unlimited domestic lounge access, complimentary dining, among a host of other benefits, and most importantly, it is a lifetime free offering.
JSW Energy crosses 15 GW capacity, renewables account for 60%
JSW Energy's total operational capacity has now surpassed fifteen gigawatts. Renewable energy sources constitute sixty percent of this substantial operational capacity. The company is actively progressing towards its greenfield capacity addition target. This target aims for three gigawatts by the fiscal year twenty twenty-seven. JSW Energy has already achieved approximately forty-two percent of this ambitious goal.
Kia builds E20 readiness into India strategy as it expands powertrain options
Kia India is preparing its vehicle lineup for higher-ethanol fuel blends. The automaker possesses engineering capabilities for fuel blends ranging from E0 to E20. This readiness is part of a broader multi-powertrain strategy for evolving mobility. The company is developing flexible-fuel technology in anticipation of market demand. Kia's approach ensures adaptability to India's changing fuel ecosystem and customer needs.
Buying a house to save capital gains tax on shares, MFs? Renovation costs may qualify too
Mumbai ITAT has allowed 1.52 crore spent on renovating a house to qualify for capital gains exemption, widening the scope of costs that can be counted when reinvesting asset-sale proceeds.
As enterprises rethink technology, engineering productivity is moving beyond the technology function and into wider business strategy. Atlassians engagement with ET shows how focused industry conversations can bring technology leaders together around questions of AI, workflows, service management and the future of enterprise work.
Will you get EPF interest till 58 years of age if you leave job at 40? EPFO explains
Even if you've left your job, your EPF interest keeps accumulating until you turn 58. However, if you dont contribute for three years, your account will be inactive. Its usually a smart move to transfer your EPF balance to your new employer. Additionally, the VISHWAS, 2026 scheme provides businesses with a one-time settlement option to ease long-standing disputes and reduce penalties.
What happens to Post Office MIS after the account holder dies? Know the rules for nominees and heirs
If a Post Office MIS account holder dies, the registered nominee can claim the deposit with a death certificate, KYC, and a claim form. Without a nomination, legal heirs can claim up to 5 lakh via an affidavit and indemnity, while higher amounts require a succession certificate.
An Air India flight experienced hydraulic system failures and autopilot disconnect at high altitude. The pilot-in-command later tested non negative for a psychoactive substance, raising serious concerns. This incident injured twenty-four passengers and crew members on the Airbus A320 aircraft. Investigators recommended the Directorate General of Civil Aviation take immediate action. Air India is cooperating fully with the ongoing investigation into the matter.
Govt wants automakers to plug gaps in highway EV charging
The government wants automakers to take greater responsibility for expanding and maintaining Indias EV charging network, as nearly half of the mapped charging stations are reportedly non-functional.
Should young professionals buy health insurance beyond their employer cover?
Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your own health cover in your 20s, even with existing employer protection. Discover how buying early can lead to lower premiums, faster waiting period completion, and long-term financial advantages, ensuring your health security.
Reliance-owned JioStars Bigg Boss bags 95+ advertisers in 6-language play
Reliance-owned JioStars Bigg Boss has attracted more than 95 advertisers across six language editions, spanning Hindi, Bangla, Tamil, Telugu, Kannada and Malayalam. National and regional advertisers feature across the franchise, with first-time advertisers accounting for over half of participation in southern markets and 70% in Hindi, as brands increase spending on regional-language programming during the festive season.
Can you stop NPS contributions for a few years? Know the impact before you take a break
Experiencing a financial setback? Halting NPS contributions may appear to be the only option, but have you considered the long-term consequences for your retirement fund? Delve into the longevity of your existing investments, what the minimum contribution requirements are, and how taking a break can influence your tax advantages.
India proposes mandatory battery storage for new renewable projects from July 2027
India plans to require two-hour battery storage equivalent to at least 10% of capacity for new government solar and onshore wind projects commissioned after July 1, 2027. The requirement would rise to four hours from July 2029. Draft rules also propose grid-forming inverters to improve grid stability amid renewable expansion.
ICICI Prudential leads MF SIP flows in Q1; 3 other AMCs top 10% market share
The top eight AMCs accounted for a significant share of mutual fund SIP flows in the June quarter, with ICICI Prudential AMC leading at 15.33%. HDFC AMC, SBI AMC and Nippon Life India AMC also commanded more than 10% market share each.
HDFC, Kotak CEO departures put succession planning at Indias private banks under scrutiny
Recent unexpected leadership changes at top Indian private banks raise succession planning concerns. Investors question long-term business strategy continuity amid these abrupt departures. HDFC Bank and Kotak Mahindra Bank face leadership transitions, surprising many analysts. Stricter regulations and competition from fintech also affect talent retention. Improved succession visibility will help maintain investor confidence in strategic direction.
Gold prices experienced a notable rise today among prominent Indian jewellery retailers, including Tanishq, Malabar Gold & Diamonds, and Joyalukkas, who all reported an increased rate for 22k gold at Rs 14,360 per gram.
Your work experience is an asset: 6 ways to make it boost your career and income
EPFO offers steep penalty cuts under VISHWAS 2026 to settle old PF disputes: Check details
EPFO's VISHWAS 2026 scheme allows eligible employers to settle pending PF disputes through the EPFO portal at reduced penalty rates before the December 28 deadline.
The snack twist to Indias three meals a day has a 1 lakh crore hidden opportunity
India's culinary habits are shifting, with a marked preference for convenient and health-conscious snack choices over traditional meals. This change is influenced by higher incomes and the fast-paced nature of modern life. As a result, the snack industry is experiencing significant expansion, introducing various innovative products. Quick-commerce services are playing a vital role in making these options easily obtainable for consumers.
DA hike 2026: DA may reach 64%; check how much your monthly pay could rise
What Gen Z can do differently to avoid being over-leveraged and under-insured
As young Indians embrace credit, a crucial lesson unfolds: financial planning must extend beyond just affording EMIs. With many lacking life and health insurance, securing future earning potential becomes paramount.
Employee deposits Rs 25 lakh cash in bank; tax officer sends notice for unexplained cash u/s 69; Employee wins case in ITAT Bangalore; Know how. This judgement was given by Keshav Dubey, a judicial member and Waseem Ahmed, an accountant member of ITAT Bangalore
No ITR, no reply to tax notices: Why ITAT Chennai still reduced a doctors taxable income by half
ITAT Chennai ruled on August 19, 2026, reducing a doctor's taxable income by half, even though he failed to file ITR and did not respond to subsequent tax notices. Here's what happened.
Air India Phuket-Delhi pilot used psycho-active substance, preliminary report finds
An Air India flight from Phuket to Delhi experienced a sudden altitude drop. The Pilot-in-Command tested non-negative for psycho-active substance in a confirmatory test. This incident resulted in injuries to twenty passengers and four cabin crew members. The Aircraft Accident Investigation Bureau released a preliminary report on the event. The Bureau recommended appropriate actions by the DGCA on priority.
Criminals deposited Rs 15 lakh in senior citizens bank a/c; police wants to question him; HC grants anticipatory bail and observes mere deposit of crime money in a/c insufficient to conclude he was knowingly involved in the crime
Indigo Flight Hits Pole While Parking At Srinagar Airport, No Injuries
The AAI said the details and circumstances leading to the incident will be examined by the appropriate authorities according to the prescribed procedures.
Indias CTV and FAST players explore formation of industry council
Senior executives from India's Connected TV and FAST sectors met to discuss forming a new industry council. This proposed India Connected TV & FAST Council aims to improve transparency and foster growth. Participants stressed the need for an independent and inclusive industry institution. Discussions covered standards, measurement, and policy engagement for the growing ecosystem.
Tata Motors' Iveco takeover offer gets Consob nod; acceptance period opens Sep 7
Italian market regulator Consob approved Tata Motors' offer document for Iveco Group shares. Shareholders can accept the offer from September 7 until October 26. Tata Motors will pay Euro 14.10 per common share, including dividends. Payments to tendering shareholders are scheduled for October 30, 2026. The offer will be extended to shareholders in the United States.
Bengali Hindulandlord earns Rs 1.89 crore rental income in Delhi, reports it in his HUFsITR; Income Tax dept rejects it on the ground that Dayabhaga Hindu cant have an HUF, landlord wins case in ITAT Delhi
Balaji Telefilms has partnered with YouTube to launch five premium original shows spanning 200 episodes. Ekta Kapoor will lead the creative vision and retain intellectual property ownership, while YouTube will provide global distribution and monetisation through advertising and brand partnerships.
Indigo flight hits pole while parking at Srinagar airport
An IndiGo flight from Navi Mumbai to Srinagar hit a docking guidance pole while being parked at Srinagar airport on Friday. The aircraft was damaged, but all passengers and crew were safe and no injuries were reported.
Gamer invested Rs 2.61 crore to play online Rummy, poker games; loses net Rs 28 lakh, stops playing, files ITR reporting Rs 4 lakh income; gets tax notice; he wins case in ITAT Bangalore. Waseem Ahmed, the Accountant Member, and Soundararajan K., the Judicial Member of ITAT Bangalore heard this case.
