Prime Highlights Foreign institutional investors are now exempt from capital gains tax and interest income tax on Indian government securities, raising their effective returns from Indian bonds. The exemption is…
Prime Highlights Indian organisations have joined a global group of critical infrastructure operators with access to Anthropic’s restricted Mythos cybersecurity model. Project Glasswing has expanded to include sectors such as…
Prime Highlights Aditya Birla Group has emerged as the front-runner to acquire Shell’s renewable energy platform Sprng Energy in a deal valued at over $1.7 billion. The acquisition would significantly…
Prime Highlights CDSCO approved Wockhardt’s antibiotic Zaynich® for treating complicated urinary tract infections and Gram-negative bacteremia in adults. Phase 3 trial results showed Zaynich® delivered significantly higher cure and eradication…
Prime Highlights Enviro Infra Engineers has won a ₹207.47 crore hybrid wind-solar EPC contract from CGE 30 Hybrid Energy Private Ltd, with a deadline of June 2027. The company has…
Prime Highlights BSNL's revenue increased from ₹21,000 crore to ₹25,000 crore in two years due to infrastructure improvements and operational changes. The company’s EBITDA rose sharply from ₹50 crore to…
Prime Highlights India launched its first exchange-traded weather derivative contract linked to Mumbai rainfall. The product aims to help businesses and traders manage financial risks caused by changing monsoon patterns.…
Prime Highlights Flipkart added 8.5 million weekly active users in the first week of May, the highest among major e-commerce platforms. The company continues to dominate smartphones and electronics with…
Prime Highlights Tata Motors PV revenue surged 49% to ₹18,700 crore, while margins expanded to 9.4%, beating estimates. JLR revenue declined due to lower volumes and competition in China, but…
Prime Highlights Swiggy will pursue IOCC status only after resident Indian shareholders cross the 50% ownership mark, subject to regulatory and shareholder approvals. Swiggy acknowledged it currently lacks an identifiable…
