Volkswagen India takes legal action over $1.4 billion tax claim

The company has confirmed that it is pursuing all available legal remedies following the Show Cause Notice, in line with Indian legal provisions. (Photo: SAVWIPL website)

The tax notice, issued in September 2023, accuses Volkswagen of breaking down imports of certain VW, Skoda, and Audi cars into individual parts to reduce duty payments.

China’s fast fashion company Shein re-launched in India after 5 year gap

Shein, which is also weighing a $6.6 billion London IPO, is re-entering India after assuring authorities that the Chinese fast fashion company would source goods from India for its global operations. (Image Source: Blog - ContactPigeon)

Shein, which is also weighing a $6.6 billion London IPO, is re-entering India after assuring authorities that the Chinese fast fashion company would source goods from India for its global operations.

Budget 2025 Memes: Internet and brands react to FM’s big budget announcements with hilarious memes

Speaking to the media on Saturday, Sitharaman confirmed that she plans to present the Bill in Parliament soon. Once introduced, it will be sent to a parliamentary panel for further review and discussions.

As this year’s budget was unveiled, netizens erupted into a meme fest, celebrating the announcement with a burst of online humour.

Inox Wind Ltd’s profitability soars with best ever Q3 performance

In 9M FY25, IWL secured orders totalling ~ 1.4 GW across multiple customers and is finalising several additional orders across PSUs and large IPPs, amongst others. (Image Source: Trade Brains)

IWL’s order book stood at ~ 3.3 GW at the end of Q3 FY25, providing a strong visibility for delivering on its guidance and achieving its 2 GW execution target in FY27.

IPG CEO Philippe Krakowsky set for $50 million ‘golden parachute’ amid Omnicom merger deal

IPG CEO Philippe Krakowsky is guaranteed a role as co-Chief Operating Officer of the merged entity and a reported “golden parachute” worth approximately $49 million. (Image: IPG Mediabrands)

The final compensation figures will depend on IPG’s valuation when the deal closes, currently projected for the second half of 2025.