business news

British luxury carmaker Aston Martin aims to capitalize on the anticipated growth of high-net-worth individuals in India, with plans to double its presence in the country over the next five years. The company's expansion strategy includes introducing electric vehicles (EVs), renewing its sports car lineup, and launching hybrid supercars and SUVs.

As the US government faces a potential shutdown, issues surrounding student loans and the well-being of low-income Americans come into focus. Political disagreements over funding for federal agencies could impact federal employees, nutrition assistance programs, and air travel.

The Reserve Bank of India (RBI) reiterates that September 30, 2023, is the final day for exchanging ₹2,000 denomination banknotes, after which they will lose their value.

Tata Consultancy Services (TCS) is discontinuing hybrid work arrangements and asking employees to return to the office five days a week starting October 1, marking a significant shift in its remote work policy.

Nazara Technologies, a prominent gaming and sports media company, receives a tax demand notice of Rs 2.83 crore from the Director General of GST Intelligence, Mumbai, unrelated to the ongoing issue of retrospective taxation in India's gaming sector.

India is set to introduce 50-year bonds for the first time in response to increasing demand from insurance and pension funds, diversifying its debt offerings and extending its yield curve. This move aligns with the changing landscape of India's sovereign debt market and aims to reduce the government's reliance on bank purchases for funding record borrowings.

Procter & Gamble India (P&G India) unveils the 'P&G Supply Chain Catalyst Fund,' a Rs 300 crore initiative to collaborate with innovators and startups, emphasizing agility and resilience in the supply chain while aligning with the country's Gati Shakti initiative.

Piyush Pandey, renowned for reshaping Indian advertising and bridging the gap between India and Bharat through iconic campaigns, is stepping down from his leadership role at Ogilvy India after a remarkable 41-year association with the agency.

Ashneer Grover, the founder of Crickpe and former BharatPe founder, slams the issuance of ₹55,000 crore tax demand notices to gaming companies, calling it harassment and urging the Finance Ministry to address the issue.

Mahindra Group responds to an FIR against its chairman, Anand Mahindra, and officials over a doctor's fatal SUV crash, stating that the airbags did exist but didn't deploy due to a vehicle rollover. The case has raised concerns about car safety features and India's alarming road accident statistics.