#EXCLUSIVE | #KotakMahindraBank to relaunch 811 app as part of brand repositioning campaign

#Exclusive | #AndhraPradesh SIT orders freezing of #AlliedBlenders’ bank accounts

#Exclusive | Industry moves Finance Ministry & stresses urgent need to resolve Input Tax Credit (ITC) issues

#Exclusive | Companies unable to use ITC due to mismatched outward supplies, creates cash flow issues

#Exclusive | Industry plea to Finance Ministry,

👉Allow ITC transfer between distinct entities within the same organization

👉Let companies convert accumulated ITC into marketable scrips / tradeable credits to unlock cash flows

#YesBank shares tank after ₹2,022 crore block deal; PE firm likely seller: #EXCLUSIVE

#Exclusive | #Bosch may fold in 2 key unlisted companies; Bosch Chassis, Bosch Auto Electronics may integrate with listed arm, sources to VivekIyer72

#BoschChassis systems has highest market share in 2W ABS. In terms of suppliers, 2W ABS mkt is dominated by Bosch’s unlisted arm, Kotak reports

🚩CNBC-TV18 has written to Bosch, response is awaited

#Exclusive | Industry seeks #FinMin assurance that #GSTRate cuts won’t result in duty inversion; Rev Dept taking note of industry concerns that GST rate cuts may create duty inversion, sources to
@TimsyJaipuria


🚩Alert: Duty inversion is when GST on inputs is higher than GST on finished goods/svcs

▶️Industry to Fin Min says: Duty inversion will negate GST rate cuts, prices won’t come down

#Exclusive | Part of the agreement on reciprocal tariffs should happen soon, #sources to #ETNOW on India-U.S. Trade Deal

#JustIn | Mankind Pharma acquires #exclusive rights to manufacture, market and distribute #Rivotril in India

🚩Rivotril widely prescribed for mgmt of neurological & psychiatric conditions

#JustIn | Zydus Life launches #AerolifeMini under #exclusive license agmt with #AeroDelTech to ease inhaler use for asthma & COPD patients

🚩Alert: Aerolife Mini is India’s 1st portable foldable spacer, advancing respiratory drug-device

#SBILife In Focus:

👉FM Says Govt-appointed bkg committee will look into open architecture for banks selling insurance & ins pdts

🚩Alert: Only SBI Life current has #exclusive tie-up with #SBI for its #insurance products

👉Open Architecture means bks can tie-up with more than 1 co to sell insurance & other financial pdts