The Goods and Services Tax Council, during its 57th meeting on Thursday, approved sweeping and long-awaited reforms to input tax credit rules, significantly widening the range of corporate expenses eligible for credit while easing refund mechanisms for industrial and commercial enterprises. Under the newly endorsed guidelines, businesses can now claim input tax credit on employee…
Myntra is gearing up for its Big Fashion Festival (BFF) from October 8, expanding its festive shopping proposition with more than 8 million styles, 100+ new brand and collection launches and 21,000 emerging brands and labels. The latest edition will feature twice the number of styles compared with the previous edition, with demand expected to…
ICICI Life Insurance Limited, formerly known as ICICI Prudential Life Insurance Company Limited, on Monday unveiled its new brand identity and tagline, ‘HarKalAasaan’, positioning the rebranded insurer around a simpler, more transparent, flexible and convenient life insurance experience. The company said the new brand promise aims to shift the conversation around life insurance from merely…
ICICI Prudential Life Insurance paid an average individual death claim of Rs 15 lakh in FY2026, maintaining its lead for the second consecutive year, as the insurer highlighted its claims performance and the importance of adequate life insurance coverage. Publicly available industry data for the past six financial years shows that the company’s average individual…
Maruti Suzuki India Ltd reported a robust 24.4 per cent increase in total sales, reaching 236,013 units in September compared to 189,665 units in the corresponding month of the previous year, according to a regulatory filing that encompasses domestic sales, international exports, and supplies to other original equipment manufacturers. The automaker’s stellar growth was significantly…
ICICI Prudential Life Insurance maintained its lead in the life insurance market in FY2026, paying an average individual death claim of Rs 15 lakh to families, according to publicly available industry disclosures. The company has retained the highest average claim value for the second consecutive year among insurers receiving more than 10,000 individual death claims…
India Inc entered the second half of FY27 with strong credit profiles despite a moderation in rating activity, according to rating agency Icra’s credit outlook. The credit ratio, which measures rating upgrades against downgrades, stood at 3.2 times in H1 FY27, improving from 2.8 times in H1 FY26 and 3.1 times in FY26. The ratio…
Truecaller has expanded its digital safety offering with the launch of Truecaller Scam Checker on Android in India and on its website globally, bringing together scam detection tools and community intelligence to help users assess potentially fraudulent messages before taking action. The new platform consolidates several capabilities, including checks for suspicious web links, phone-number lookups…
Flipkart Ventures, the investment arm of e-commerce major Flipkart, has invested in two Indian artificial intelligence startups, Alive and Keploy, as part of its efforts to support early-stage technology companies and emerging AI applications. The financial details of the transactions were not disclosed. The latest investments bring together two startups operating in different segments but…
NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has introduced MyUPI, a conversational AI-powered assistant on the BHIM Payments App, as part of efforts to strengthen user support, payment safety and management of UPI services. Launched by NPCI at Global Fintech Fest 2026, MyUPI provides 24/7…
