Withdrawal of demand-generation support may trim discounts on older iPhones, raising effective prices by up to ₹5,000 in India, reports say

Apple inc, iPhones

Business Standard

Impacted employees were informed that they could be laid off, subject to a redundancy consultation, according to a memo to staff

KPMG

Bloomberg

A land rush similar to Jewar has also gripped Navi Mumbai, an edge city across the harbor from India's financial capital Mumbai

noida international airport

The median compensation for non-promoter or professional CEOs rose 5 per cent year-on-year to Rs 10.5 crore in FY26, according to a Deloitte report.
According to the survey, further noted that the median CEO compensation of Rs 10.5 crore marks the slowest growth since COVID-19, alongside evolving structures around incentives, stock-linked pay and the rising prominence of roles such as the Chief Digital Officer.
"CXO compensation decisions in India have shown great maturity. Given the ongoing underperformance of Indian equity markets over the past 12-18 months, it is natural that pay increases were lower last year.
"Market volatility and downside risks have only increased recently due to the ongoing geopolitical risks. We do not expect any knee-jerk reactions from Boards and Remuneration Committees, and they are likely to change course depending on how domestic and external events unfold," said Anandorup Ghose, Partner, Deloitte India.
Among CXOs, CFOs witnessed the highest ...

money, Rs, rupees, currency, funding, fund, funds

Median CEO pay rises 5% to ₹10.5 crore in FY26, slowest since Covid, as firms recalibrate incentives amid market volatility, says Deloitte report

Press Trust of India

Dr Reddy's told the Delhi High Court it plans to rebrand its diabetes drug amid a trademark dispute with Novo Nordisk over similarity with its drug Ozempic

Ozempic India launch

Fuel shortages, tighter diesel credit and LPG constraints are disrupting logistics and delaying expansion, squeezing margins as demand shows early signs of softening

e-commerce, e-com, qcom

Infrastructure push, industrial growth and relative affordability are expected to drive residential demand and investor interest across Jewar, Noida and Greater Noida markets

Noida Airport

Government explores E25 fuel shift beyond E20, but automakers flag emission risks, liability concerns, and lack of testing amid rising crude oil pressures

Petrol, diesel, petrol pump

The ministry has also urged companies to shift factory operations from oil-based fuels to electricity and to use recycled aluminium or alternative materials as shortages and costs rise

automobile, cars, auto industry, japanese carmakers

Reuters

Government fast-tracks flex-fuel vehicle rollout, convenes automakers meet as fuel supply disruptions push shift beyond E20 ethanol blending

Flex fuel vehicle

EV manufacturers face potential financial impact as unspent subsidy allocations risk lapsing by the March 31

vehicles, vehicle, auto, automobile

Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support

MSMEs

TNC Rajagopalan answers SME queries related to GST, export and import matters

export

Union Minister H D Kumaraswamy unveiled third round of speciality steel PLI scheme with relaxed thresholds, updated pricing benchmarks, and wider MSME participation to boost steel manufacturing

H D Kumaraswamy (Photo: X/@hd_kumaraswamy)

Base year revised, thresholds relaxed to reflect current market trends

Trade expert cites FTP Para 1.08 and CBIC circulars requiring that export consignments not be detained beyond three days, and clarifies documentation norms under the Advance Authorisation scheme

trade

The Reserve Bank of India has imposed monetary penalties on four entities for regulatory non-compliance, citing lapses in KYC norms, PSL rules and electronic transaction handling

RBI, Reserve bank

Bank credit growth eased to 13.8 per cent in the March 15 fortnight, while deposit growth improved to 10.8 per cent, reflecting tax outflows and seasonal lending trends

Bank credit

The next round of appointments to private bank boards following Atanu Chakraborty's resignation as HDFC Bank chairman will be subject to intense scrutiny by the RBI

illustration: ajaya mohanty

Flag cash-flow risks to RBI, Centre amid West Asia war

Bankers

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