Aishwary Gupta, Global Head of Payments and RWAs at Polygon Labs “With the Union Budget 2026, there is an opportunity to rationalize India’s digital asset framework through targeted, pragmatic refinements. The current 1% TDS and 30% flat tax, without loss set-off provisions, have constrained liquidity and pushed activity offshore. Reducing TDS to a workable range, allowing loss set-off within VDAs, and clarifying cost basis treatment, including…
Budget 2026: Industry Looks for Policy Stability, Tax Relief and Growth-Driven Reforms
Chandigarh, Feb 01: As the Union Budget 2026–27 approaches, leaders across sectors have shared their perspectives on policy priorities that can accelerate India’s economic growth, strengthen global competitiveness, and support innovation-led development. Accounting, Compliance, and Global Business StructuringMr. Satya Yeruva, Co-Founder & CEO, FinStackk, highlighted the importance of tax certainty and procedural simplification for startups and global businesses. “Faster and fully automated GST refunds, clearer…
L&T Secures Contract for Heavy Civil Infrastructure Business
Chandigarh, Feb 01: The Heavy Civil Infrastructure business vertical of L&T has won a contract from the Royal Commission of Riyadh City in Saudi Arabia for works pertaining to the extension of the Riyadh Metro. The order is a part of an ultra-mega project won by a consortium of Webuild S.p.A, L&T, Nesma & Partners Contracting, Alstom and IDOM. The order pertains to the extension of Red…
Air India Places Order for 30 Additional Boeing 737 Aircraft, Strengthening Single-Aisle Growth Strategy
Chandigarh, Feb 01: Air India today announced a firm order for 30 additional Boeing single-aisle aircraft, comprising 20 Boeing 737-8 and 10 Boeing 737-10 jets, reinforcing the airline’s long-term fleet expansion and modernisation strategy. This order is in addition to the 220 Boeing aircraft ordered in 2023, taking Air India’s total aircraft orders with Boeing to 250. The announcement was made at Wings India 2026,…
IHCL Honoured with Best Audit Committee Award 2024–25 at Asia Business Responsibility Summit
Chandigarh, Feb 01: Indian Hotels Company (IHCL), India’s largest hospitality company, has been conferred the Best Audit Committee Award 2024–25 at the prestigious Asia Business Responsibility Summit, organised by the Asian Centre for Corporate Governance & Sustainability. The recognition highlights IHCL’s sustained commitment to robust financial oversight, strengthened risk management frameworks, enhanced transparency, and the protection of shareholder and stakeholder interests. The award reflects the…
State Bank of India commits responsible and scalable financing for Next-Gen growth sectors
Chandigarh, Feb 01: State Bank of India (SBI), the country’s largest public sector bank, today announced the launch of ‘CHAKRA’ – Centre of Excellence (CoE) for Sunrise Sectors, a strategic initiative aimed at enabling responsible, scalable, and innovation-led financing for sectors critical to India’s long-term economic transformation. Aligned with the national vision of Viksit Bharat 2047, CHAKRA will serve as a knowledge-driven platform to strengthen…
Budget 2026 Seen as Catalyst for Indigenous Defence Manufacturing and HVAC Growth
Ravalnath Shende, Chairman and Managing Director, Shree Refrigerations Limited: “The Union Budget 2026 is an opportunity to strengthen the manufacturing ecosystem that underpins defence, infrastructure and core industrial sectors. As national security priorities and industrial growth become increasingly interconnected, sustained policy support for indigenous manufacturing, R&D and energy-efficient technologies will be pivotal to make India’s vision of a self-reliant defense ecosystem . As the demand…
Vedanta Delivers Record Q3FY26 Performance; Profit After Tax Jumps 60% YoY
Mumbai, Jan 31: Vedanta Limited (BSE: 500295 | NSE: VEDL) today announced its Unaudited Consolidated Results for the third quarter and nine months ended December 31, 2025, reporting an exceptional financial and operational performance. Profit After Tax (PAT) surged 60% year-on-year, supported by record EBITDA, margin expansion, and strong operational execution across businesses. Financial Highlights – Q3FY26 Vedanta recorded its highest-ever quarterly revenue, reflecting a…
Blue Star Announces Board and Leadership Changes
Mumbai, Jan 31: Blue Star Limited announced a series of Board and senior leadership changes, underscoring the Company’s focus on strong governance, leadership continuity, and long-term growth. Sam Balsara to Retire as Independent Director Mr. Sam Balsara will retire from the Board of Blue Star Limited on January 31, 2026, upon completion of two consecutive terms as an Independent Director, having attained the age of…
Blue Star Posts Modest Growth in Q3FY26 Amid Challenging Market Conditions
Mumbai, Jan 31: Blue Star Limited reported moderate growth in its consolidated revenue and operating profit for the third quarter of FY26, despite a challenging market environment. The performance was supported by steady momentum in the Electro-Mechanical Projects business and inventory build-up in the Room Air Conditioners (ACs) segment ahead of the mandatory energy-label transition effective January 1, 2026. For the quarter ended December 31,…