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 Tax evaders, BEWARE!The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints. Kindly note this illustration generated using......

Nomura to buy 35% in LIC Mutual Fund

 Japan's Nomura Group is set to acquire 35 per cent in LIC Mutual Fund, India's seventh largest mutual fund, after the board of directors of Life Insurance Corporation approved a proposal to induct......

LIC likely to exit mutual fund JV with Nomura

 The company seeks finance ministry’s nod; could also cut stake in housing finance business As part of its new strategy on non-core businesses, Life insurance Corporation is considering......

Maruti's Gujarat plan: Mutual Fund cos head to Sebi, LIC

 Seven leading mutual funds have sought a meeting with the Securities and Exchanges Board of India and Life Insurance Corporation of India to explain their concern over Suzuki's decision to set up a......

Why manufacturing sector's energy bills are at 20-year low

 High energy costs, long a drag on India’s manufacturing competitiveness, are finally easing. Illustration: Dado Ruvic/Reuters Power and fuel expenses accounted for 1.98 per cent of net sales in......

'After GST cut, innovation will boost life insurance'

 The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a “landmark step” for making insurance affordable and inclusive. Illustration:......

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