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Tax amendment bill a positive step for data centre ecosystem: Nasscom

Aug 4, 2026

New Delhi, Aug 4 (IANS) Industry on Tuesday hailed the Taxation and Other Laws (Amendment) Bill, 2026, which proposes to simplify the tax exemption framework introduced under the Finance Act, 2026 for foreign companies procuring services from specified data centres in India.The Bill removes the need for case-specific notifications for both foreign…

Emami Q1 net profit falls 16 pc to Rs 137 crore

Aug 4, 2026

Mumbai, Aug 4 (IANS) FMCG major Emami Limited on Tuesday reported a 16.38 per cent year-on-year (YoY) decline in net profit for the quarter ended June 2026 (Q1 FY27).The Kolkata-based FMCG company posted a net profit of Rs 137.3 crore for…

Business

Indian firms accelerate AI adoption and returns; only 4 pc have data readiness

Aug 4, 2026

New Delhi, Aug 4 (IANS) Indian businesses are accelerating investments in artificial intelligence and reporting measurable returns, but only four per cent felt their enterprise data is fully ready to scale AI, a report said on Tuesday.The…

Business

India’s auto demand stays resilient in July as passenger vehicle sales surge 34 pc

Aug 4, 2026

New Delhi, Aug 4 (IANS) India's automobile industry delivered robust performance in July as passenger vehicle (PV) wholesales rose 34 per cent year-on-year and retail sales grew 24 per cent amid healthy consumer demand and improved…

Business

Multinational giants get wider choice as GCC boom spreads in India: Report

Aug 4, 2026

New Delhi, Aug 4 (IANS) The Global Capability Centres’ (GCCs) boom in India has triggered a fierce competition among the states for a share in what is forecast to be a $150 billion sector by 2030. This is also offering Western multinational…

Business

India Nano 2026: Karnataka aims to make Bengaluru global deep-tech capital, says CM Shivakumar

Aug 4, 2026

Bengaluru, Aug 4 (IANS) Karnataka Chief Minister, D.K. Shivakumar, on Tuesday said the state is determined to lead the next wave of technological transformation by positioning Bengaluru as a global hub for deep technologies, including…

Business

Gold price today near Rs 1.43 Lakh: Why small Paytm Gold investments are gaining ground

Aug 4, 2026

New Delhi, Aug 4 (IANS) With gold trading well below its record highs but still swinging sharply week to week, more retail investors are turning to small, staggered purchases through digital platforms such as Paytm Gold rather than betting…

Business

LIC shares tumble 8 pc as govt to sell 6.5 pc stake via Rs 31,000 crore OFS

Aug 4, 2026

New Delhi, Aug 4 (IANS) Shares of Life Insurance Corporation of India (LIC) plunged nearly 8 per cent on Tuesday after the government announced an offer for sale (OFS) to reduce its stake in the state-owned insurer.The PSU stock fell as…

Business

India aims 10,000 GI registrations by 2030, FTAs to expand global market access

Aug 4, 2026

New Delhi, Aug 4 (IANS) India's Geographical Indication (GI) ecosystem is evolving into a bridge between tradition and opportunity and with a target of 10,000 GI registrations by 2030, the country is well positioned to strengthen its…

Business

WhatsApp users report accounts under review, access disrupted

Aug 4, 2026

New Delhi, Aug 4 (IANS) Meta-backed messaging platform WhatsApp appears to have taken action against several accounts, with users reporting that their accounts are under review for up to 24 hours and that they are unable to access key…

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