IHCL (Indian Hotels Company Limited) and Ambuja Neotia Group have announced an expanded partnership, marking a significant collaboration in the hospitality and integrated real estate sectors. The alliance aims to leverage IHCL’s premium hotel management expertise and Ambuja Neotia’s real estate and urban development capabilities to deliver enhanced luxury, lifestyle, and experiential offerings.

A consortium of Indian automobile dealers has petitioned the Supreme Court seeking relief from a cumulative cess liability of Rs. 2,500 crore, imposed by the central government. The dealers argue that the cess, levied on vehicles under regulatory frameworks, is disproportionate and financially burdensome, particularly in a sector facing slowing sales and rising operational costs. Industry representatives contend that the imposition affects liquidity, working capital, and overall business sustainability.

Mahesh Sharma has been appointed as the Director of Finance at NHPC Limited, India’s premier hydropower company. The appointment comes at a time when NHPC is focused on expanding renewable energy capacity, optimizing financial performance, and leveraging sustainable funding mechanisms for large-scale infrastructure projects. Sharma brings extensive experience in financial management, corporate strategy, and risk mitigation, positioning him to steer the company through an evolving energy and investment landscape.

A special court has convicted two bank officials for their involvement in a 1999 financial fraud case, highlighting the judiciary’s ongoing commitment to accountability in India’s banking sector. The officials were found guilty of misappropriating funds, manipulating accounts, and breaching fiduciary responsibilities, resulting in substantial losses to the institution. The court has imposed strict penalties and imprisonment, signaling zero tolerance for financial misconduct.

The Food Safety and Standards Authority of India (FSSAI) has confiscated a significant quantity of adulterated sweets in Shimla, following routine inspections ahead of the festive season. The operation highlights increased vigilance to protect consumers from unsafe food products and enforce compliance with national food safety standards. Authorities reported that the seized items contained harmful additives and substandard ingredients, posing potential health risks.

In a move aimed at enhancing liquidity for businesses ahead of the festive season, the Delhi government has disbursed Rs. 738 crore in GST refunds to eligible taxpayers. The initiative is expected to support small and medium enterprises (SMEs), manufacturers, and traders, enabling timely procurement of raw materials, inventory buildup, and operational continuity. By accelerating refund processes, the administration strengthens business confidence and stimulates economic activity during a peak consumption period.

Reliance Consumer Ventures, the retail and consumer-focused arm of Reliance Industries, has reported H1 revenue nearing Rs. 10,000 crore, reflecting strong performance across its FMCG, retail, and e-commerce segments. The growth underscores rising consumer demand, aggressive market expansion, and strategic integration of digital and offline retail channels. Analysts attribute the performance to higher sales volume, diversified product offerings, and enhanced supply chain efficiencies.

IndiGo, India’s largest airline by market share, has announced the acquisition of 30 additional Airbus A350-900 aircraft, reinforcing its strategy to expand international long-haul operations. This move reflects confidence in post-pandemic air travel recovery and growing demand for global connectivity. The new aircraft, featuring advanced fuel efficiency and passenger comfort, will enhance IndiGo’s operational capacity and network reach. Analysts estimate the total investment at Rs.

India Post has launched a home-delivery service for medicines catering to beneficiaries of the Ex-Servicemen Contributory Health Scheme (ECHS). This initiative aims to improve healthcare accessibility, reduce patient travel, and streamline the distribution of essential medications to ex-servicemen and their dependents. By leveraging India Post’s extensive network, the program ensures timely delivery across urban and rural areas, mitigating logistical challenges. Analysts project that this service could save beneficiaries and the healthcare system Rs.

Dixon Technologies, a leading Indian electronics contract manufacturer, reported a remarkable 86% increase in net profit for the September quarter, reflecting strong operational performance, rising demand, and strategic business expansion. Revenue growth, cost optimization, and increased manufacturing efficiency drove the robust financial results. The company continues to benefit from rising electronics consumption, government incentives for domestic manufacturing, and global supply chain diversification trends.