The Goods and Services Tax (GST) Council is likely to take up in its upcoming meeting a group of ministers’ (GoM’s) report proposing strict measures to trace and curb tax evasion by pan masala and gutkha companies, a senior finance ministry official told Business Standard. Read More
Leading electric two-wheeler manufacturers — Ather Energy and Ampere EV by Greaves — have taken membership of the Society of Indian Automobile Manufacturers (Siam), dominated by internal combustion engine (ICE) vehicle makers. Read More
Hindustan Unilever (HUL) is set to enter India’s health & wellbeing category by acquiring stakes in two companies in this space. HUL on Thursday announced buying a majority stake in Zywie Ventures, which sells plant-based and clean-label consumer wellness brand under the name OZiva, for Rs 264.28 crore. It will also indirectly acquire its subsidiary Zenherb Labs. Read More
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