Economic Times30.04.2026BusinessIndia
GeriDoT trims Vodafone Idea AGR dues to Rs 64,046 cr
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Electric Vehicle Sales Nearly Double in July Amid Rising Fuel Prices
Electric vehicle sales in India nearly doubled in July, surging 82% year-on-year to 31,788 units, driven by higher fuel prices due to the US-Iran war. This boosted EVs' share in new car sales to 7.8%, with major automakers like Maruti Suzuki, Kia, and Tata Motors ramping up production to meet demand.
Economic Times
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Amazon's Market Cap Surpasses $3 Trillion Amid AI Boom
Amazon's market capitalization exceeded $3 trillion for the first time, fueled by strong quarterly results and investor confidence in its AI-driven cloud business. This makes it the fifth company to reach this milestone, with its AI investments being rewarded by investors unlike some other tech giants.
Times of India
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India Proposes Extended Tax Exemptions for Foreign Electronics, Data Center, and Diamond Companies
India proposes extending tax exemptions until 2041 for foreign companies supplying machinery to contract manufacturers (benefiting Apple), storing electronic components, using data centers, and trading rough diamonds, aiming to boost exports and investment.
Economic Times
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Zee Entertainment's ₹3,144-crore Promoter Fundraise Faces Sebi Regulatory Hurdles
Zee Entertainment's proposed ₹3,144-crore promoter fundraise faces uncertainty after Sebi barred Zee from capital markets for two months and prohibited chairman emeritus Subhash Chandra and CEO Punit Goenka from securities dealings for a year, casting doubt on a warrant issue.
Economic Times
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India's Irdai Proposes Public Register for Insurance Sellers, Faces Implementation Challenges
Irdai Chairman Ajay Seth proposed a public register to trace insurance policy sellers, aiming for accountability. While acknowledging the need to tie rewards to advice quality and penalize unsuitable sales, the article suggests deeper reforms impacting commissions are unlikely to be implemented due to industry resistance.
Economic Times
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India and Uzbekistan aim to double bilateral trade to $3 billion, explore free trade agreement
India and Uzbekistan target doubling bilateral trade to $3 billion within three years, with Commerce Minister Piyush Goyal suggesting a free trade agreement. Uzbekistan invites Indian investment in mining and rare earths, while India highlights its IT and skilled workforce.
Economic Times
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