EU Carmakers Boost India Production Before Trade Pact

Major European automakers like Volkswagen, Mercedes-Benz, and BMW are accelerating local assembly in India, viewing manufacturing commitment as vital for the luxury market's growth, independent of upcoming tariff reductions from the India-EU FTA.

ESOP Tax Deferral & India's Startup Talent

Analysis of India's ESOP tax deferral policy for startups, its limitations, and the need for broader reforms to enhance employee stock options as a wealth-creation tool.

Axis Bank Q3 Profit Up 3% to Rs 6,490 Crore

Axis Bank reported a 3% year-on-year increase in net profit to Rs 6,490 crore for the December quarter, driven by robust loan growth and higher fee income, despite a moderation in margins.

PVR Inox Sells Snacks Business to Marico

PVR Inox has announced the sale of its snacks business to Marico, a major FMCG company, as part of a strategic restructuring to focus on core cinema operations.

IIP Gets New Base Year, Sector Weight Changes

India's Index of Industrial Production (IIP) is set for a major overhaul with a new base year of 2022-23 and revised sector weights. Electricity and manufacturing gain importance while mining sees reduced weightage in the updated series.

Trump H-1B Policy Shifts US Jobs to India: Survey

Canadian-Indian entrepreneur Vijay Sappani says Trump's H-1B restrictions forced US companies to hire in India at half the cost. Survey reveals 52% of tech firms plan India hiring expansion in 2026.

DTCP Notice to Developer for Non-Compliance in Gurgaon

The Directorate of Town and Country Planning has issued a regulatory notice to a developer for alleged violations in a commercial colony project in Sector 65, Gurgaon, citing expired licenses and failure to transfer land.

India-EU Free Trade Deal Finalized After 18 Years

India and the European Union have successfully concluded negotiations for a comprehensive free trade agreement covering goods and services, with implementation expected by early 2027 after ratification processes.

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