
GST on Coal Raised to 18 per cent, Compensation Cess Removed

Peerless Group Invests Rs 11 Bn, Exits Insurance
The Peerless Group, which began as a small savings company and has grown into a multi-business conglomerate, is investing Rs 11 billion across sectors, focusing on healthcare and real estate while exiting its insurance business.At a press conference on Friday, chairman Partha Bhattacharya, managing director Jayanta Roy, and executive director Supriyo Sinha announced that group revenue rose from Rs 5.3 billion in FY22 to Rs 8.12 billion in FY25, reflecting steady progress towards its long-term vision. Over Rs 3 billion of the total investment was spent in FY25 alone, mainly in hospital and real..

Reliance to Invest Rs 11.56 Bn in Tamil Nadu Plant
Reliance Consumer Products has announced plans to set up an integrated manufacturing facility in Tamil Nadu, with an investment of Rs 11.56 billion, marking a major step in the state’s industrial expansion drive.The 60-acre facility will be located at the State Industries Promotion Corporation of Tamil Nadu's (SIPCOT) Allikulam Industrial Park in Thoothukudi district. It will produce a wide range of consumer goods, including regional snacks, biscuits, spices, wheat flour (atta), and edible oils.Over the next five years, the project is expected to generate around 2,000 local jobs, supporting ..

Bengaluru Airport City to Launch CNG Facility with GAIL Gas
Bengaluru Airport City Limited (BACL) has signed an agreement with GAIL Gas Ltd, a wholly owned subsidiary of GAIL (India) Limited, to develop a city gas distribution facility at Bengaluru Airport City, advancing a cleaner, greener energy ecosystem.The facility will include a Compressed Natural Gas (CNG) station, Piped Natural Gas (PNG) installations, and associated clean energy infrastructure. It will also feature non-fuel retail and convenience offerings for the public.The project aims to provide CNG infrastructure for taxis, buses, logistics fleets, and last-mile connectivity vehicles at an..