"business-news"

Maruti Suzuki has slashed prices across its entire model range by up to Rs 1,29,600 from September 22, passing on GST rate cuts. Entry-level cars received deeper reductions, encouraging two-wheeler users to upgrade while boosting passenger vehicle sales

Hyundai Motor India has signed a 3-year wage settlement with the United Union of Hyundai Employees, offering a Rs 31,000 monthly salary hike to technicians. Effective April 1, 2024, the structured hike also retains existing employee welfare schemes and benefits nearly 2,000 workers

Online gaming platform Zupee is laying off 170 employees — 30% of its staff — after the government banned real-money online games in August. The company is offering financial and medical support to those impacted while adjusting to the new law

Dr Reddy’s Laboratories has acquired the anti-vertigo brand Stugeron from Johnson & Johnson in 18 EMEA and APAC markets, including India and Vietnam. The move strengthens its CNS portfolio and supports its goal to reach 1.5 billion patients by 2030

Novo Nordisk will cut 9,000 jobs worldwide—11% of its workforce—by 2026 to save $1.3 billion. The move comes amid rising competition in obesity drugs, slowing sales of Wegovy and Ozempic, and a push to focus on R&D and agility

Coolberg has partnered with Amazon Prime Video for the upcoming series Do You Wanna Partner. To mark the launch, it introduced Jugaaro Lemon-Ginger, a limited-edition non-alcoholic malt beverage, available across retail, HoReCa, and quick commerce platforms nationwide

With reduction in GST on passenger vehicles, effective September 22, automakers slash prices across models to boost festive demand

Orders the US tech giant to end its 'self-preferencing practices' and stop 'conflicts of interest' along the advertising technology supply chain

JAL — with interests in real estate, cement, power, hotels and roads — has been dragged into insolvency proceedings after defaulting on payment of loans

The Tata group company starts sending letters of increment to employees; hike to be applicable from September

Reliance Jio chairman Akash Ambani introduces "Riya" — a feature similar to Alexa or Siri; will allow hands-free access to calls, music, etc, in multiple Indian languages

Hyundai Motor India's Rs 27,870-crore IPO in Oct 2024 is the biggest initial share-sale, surpassing the Rs 21,000-crore offering by LIC in May 2022

Association of Indian Medical Device Industry says changing GST rates for medical devices could impact domestic competitiveness if not carefully managed

The Commerce Ministry has proposed a Rs 25,000 crore plan to support small exporters in labour-intensive sectors with WTO-compliant schemes. The mission aims to improve trade finance, reduce costs, diversify markets, and strengthen India’s export competitiveness amid rising global tariffs

Tata as one of Apple’s key partners is expected to handle nearly half of India’s iPhone output within the next two years

The government also reported Rs 17,811 crore disbursed under the Modified Interest Subvention Scheme for crop loans

The DGCA had sent IndiGo a show-cause notice earlier last week for training 1,700 pilots using ‘non-qualified simulators’

Bitcoin surged to a record \$124,210 before easing slightly, driven by expectations of US Fed rate cuts, Trump administration’s pro-crypto reforms, and institutional buying. Ether also hit a multi-year high as overall crypto market capitalisation crossed $4.18 trillion

From August 15, SBI will charge Rs 2–Rs 10 plus GST for online IMPS transfers above Rs 25,000, while smaller transactions stay free. Salary package account holders remain exempt. Branch charges are unchanged, and customers are advised to check applicable exemptions

Move also removes restriction on Paytm Payments Services Limited from onboarding new merchants which was imposed on the company on November 25, 2022