India Cuts Windfall Tax on Diesel, Petrol and ATF Exports
India has cut the windfall tax on fuel exports from August 15, 2026, taking petrol export duty to zero and…
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Category: Companies & Business
News on major companies, retail and consumer brands.
Amazon Bans US Customers From Filing Class-Action Lawsuits
Amazon has reinstated mandatory arbitration and added a class-action waiver for US customers, limiting how disputes can be pursued.
IRCTC Says 30% of Passengers Opt Out of Prepaid Meals
IRCTC says up to 30% of eligible passengers now skip prepaid train meals to save on catering charges, even as…
Netflix Closes 2 Game Studios as Gaming Strategy Shifts
Netflix is closing game studios Night School and Moonloot as it shifts its gaming strategy toward TV gaming and external…
NVIDIA Cuts OpenAI Ohio Data Center Guarantee to Under $120 Billion
NVIDIA has scaled back its Ohio data center guarantee for OpenAI to under $120 billion, though OpenAI is still expected…
Apple Proposes 15% Cut on Purchases Made Outside the App Store
Apple has proposed a tiered App Store commission on external purchases, with 15% as the headline rate, 10% for some…
Govt Removes 12-Minute TV Advertising Cap for Broadcasters
The government has scrapped the 12-minute hourly advertising cap for TV broadcasters, ending the 10+2 rule as digital media reshapes…
India May Get 5-8 More Semiconductor Plants in 7-8 Years, Says PM Modi
PM Modi says India could add 5-8 more semiconductor plants over 7-8 years, with three already in production as the…
TCS and Rolls-Royce Successfully Test Aero Gas Turbine on 100% Hydrogen
TCS and Rolls-Royce have run an aero gas turbine on 100% hydrogen, simulating take-off, cruise and landing while validating critical…
Reliance and Rolls-Royce Partner for Indigenous Combat Engine for India’s AMCA
Reliance and Rolls-Royce have signalled intent to jointly develop an indigenous combat engine for India's AMCA advanced medium combat aircraft…