A 1035 exchange provides a tax-efficient way for policyholders to transfer the value of one insurance contract into another, but recent regulatory emphasises highlight the importance of strict compliance and professional advice amidst evolving federal rules. A 1035 exchange can…
EPFO’s pension calculations now depend on pensionable salary, service duration, and retirement age, with recent changes impacting high earners and early retirees. Monthly pension under the Employees’ Pension Scheme is not determined by final pay alone. As InformalNewz explains, EPFO…
Bengaluru-based contract manufacturer Zetwerk files updated draft red herring prospectus, moving closer to an IPO with approvals for its ₹2,600 crore share offering and plans to reduce debt, amidst rapid revenue growth and widening losses. Zetwerk has moved a step…
KRN Heat Exchanger and Refrigeration announced robust first quarter results for FY27, showcasing a surge in revenue and exports driven by increased demand in India and internationally, while also investing in capacity and localisation to fuel future growth. KRN Heat…
A new study highlights India’s MICE sector as a key driver of economic activity, with out-of-town visitors and large events boosting local employment and GDP, despite ongoing structural challenges. India’s meetings, incentives, conferences and exhibitions industry is creating far more…
At the BRICS finance chiefs’ meeting in Jaipur, RBI Governor Sanjay Malhotra highlighted the role of central banks in maintaining price and financial system stability while advancing cross-border payments and digital currency cooperation. Sanjay Malhotra used the BRICS finance chiefs’…
Despite ongoing delays caused by international tensions and supply issues, India has committed over ₹13,000 crore to six new nuclear projects, aiming to add 8,000 MW to its grid and strengthen domestic capabilities in advanced reactors. India’s nuclear power push…
Since 2017, Tata Sons has transferred nearly ₹2.71 trillion from Tata Consultancy Services through dividends and buybacks, bolstering its investment in new ventures and reflecting a strategic shift under N. Chandrasekaran. Under N. Chandrasekaran, Tata Sons has turned its stake…
The White House has classified India as a major hub in China’s shadow transshipment network, intensifying Washington’s efforts to clamp down on tariff evasion amid India’s push to become a global manufacturing alternative. India has been pulled into Washington’s latest…
Bagmane Prime Office Reit plans to expand its portfolio by almost double over the next seven to eight years, leveraging its strong pipeline, high occupancy, and focus on core Indian office markets amid resilient demand from global capability centres. Bagmane…
