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ITC slides to three-year low as tobacco excise hike prompts brokerage downgrades

Economictimes.indiatimes.com 

ITC shares plummeted to a three-year low following a government excise duty hike on tobacco products. Brokerages downgraded the stock, citing fears of dampened cigarette demand and significant impact on profitability. Investors are advised to wait for clarity on price hikes and volume trends before considering buying.

NRI employee dies in Central Africa; foreign employer did not pay wife the promised compensation for family support, wife files case; Madras HC asks govt to help

Economictimes.indiatimes.com 

A widow's plea for compensation after her husband's death in Cameroon reached the Madras High Court. The foreign employer failed to pay promised support. The court has now directed the Central Government to intervene at the highest levels in Cameroon. This action aims to secure justice for the grieving family.

Two executives quit IndusInd, bank fills key posts

Economictimes.indiatimes.com 

IndusInd Bank announced the resignations of two senior executives, Rana Vikram Anand and Anish Behl, who are leaving to explore new opportunities. Anand will depart in April 2026, while Behl's tenure concludes in January. These departures follow a series of senior-level exits, though the bank has simultaneously bolstered its leadership with recent appointments in wholesale banking, data, and human resources.