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Vijay’s Jana Nayagan crosses Rs 300 crore worldwide on Day 12

Jana Nayagan continues to perform well at the box office, earning over Rs 3.85 crore on its twelfth day. The film has achieved a total India gross collection of Rs 209.35 crore and Rs 179.45 crore net. Overseas collections have also been strong, contributing Rs 1 crore on day twelve. This brings the worldwide gross

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Bankipur bypoll: PK adds a dash of yellow to Bihar palette of saffron & green

Prashant Kishor secured his first electoral victory in the Bankipur bypoll. This win challenges the established green and saffron political dominance in Bihar. Kishor, a renowned political strategist, launched his Jan Suraaj Party after extensive grassroots work. His victory sends a message to national parties regarding key issues. The outcome suggests Bihar may accommodate a

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Business

Lower min age for MD, directors to 18: Parliamentary panel

A parliamentary panel suggests lowering the minimum director age to eighteen years. The committee also backs raising the maximum director age to seventy-five years. Special NCLT benches for insolvency matters are recommended for efficient asset resolution. The panel proposes retaining the ten crore net profit threshold for CSR applicability. New provisions will enable seamless re-domiciliation

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Business

Changes to boost electronics, investment

New tax law amendments are proposed by Finance Minister Nirmala Sitharaman. These changes aim to offer concessions to overseas investors and boost electronics manufacturing. The government plans to extend tax exemptions for specified electronic goods by ten years. It also introduces new exemptions for storing and selling electronic components. These reforms signal a shift towards

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Business

AI fraud is hitting India’s new net users hardest: Amazon

Protecting new online shoppers from AI scams is India’s next e-commerce challenge. Amazon’s trust chief highlights consumer awareness as critical for digital fraud. Generative AI creates sophisticated scams, but also aids detection efforts. Behavioral data helps distinguish genuine sellers from bad actors effectively. Amazon acts against fraud proactively, not waiting for regulatory mandates.

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Business

Government to sell up to 6.5% stake in LIC, may mop up Rs 31k cr

The government is selling up to 6.5% of LIC shares through an offer for sale. This divestment aims to meet minimum public shareholding norms ahead of schedule. The offer begins Tuesday and closes Wednesday with a base price of Rs 382. Successful sale will raise approximately Rs 31,400 crore for the government. This move contributes

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Business

Low-cost Asean imports worry medical device companies

Low-priced medical device imports from China and Malaysia are impacting India’s domestic manufacturing capabilities. Imports from Asean countries have increased significantly, affecting local players. Chinese products often enter India through Asean nations, exploiting free trade agreements. Domestic companies are finding it difficult to compete, despite government incentives. Urgent renegotiation of trade agreements is needed to

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