Tata Steel plans a nearly 50% capacity expansion in India to defend market share and secure raw materials, with most capex expected from internal accruals. This strategic move aims to align new capacities with anticipated demand growth post-FY29, ensuring profitability and maintaining a healthy balance sheet.
Use of tanning beds nearly triples the risk of developing melanoma, and it also damages the DNA of skin cells across the body, according to a study from Northwestern Medicine.
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while increasing it to 15% for minority shareholders. The agreement also proposes allowing India to tax share sales by any French entity, shifting to a source-based capital gains framework.
President Donald Trump signed an executive order Thursday aimed at blocking states from crafting their own regulations for artificial intelligence, saying the burgeoning industry is at risk of being stifled by a patchwork of onerous rules while in a battle with Chinese competitors for supremacy.
More than 18,000 Amtrak workers will receive a $900 bonus before the end of the year, the U.S. Department of Transportation announced on Thursday evening.
Sebi has dropped insider trading charges against Pranav Adani and two others, ruling their Adani Green trades occurred after news of the SB Energy acquisition became public, making the information no longer price sensitive.
