9SEPTEMBER 2026Supreme Court verdict saves Vodafone Idea from Rs 363 crore GST demand and delivers a clear legal win for the telecom operator.The Supreme Court on Monday dismissed the Centre's attempt to revive a tax notice against an entity that no longer exists.The ruling settles a dispute that began with the 2017 sale of Vodafone Mobile Services' tower business and later merged into the present company.For a heavily indebted operator still working to stabilize its finances, the decision removes a large contingent liability. It reinforces the principle that tax authorities cannot pursue a company after it has legally ceased to exist. Automotive skill shortage Looms as electronics take a bigger role in vehicle manufacturing. Electronics could account for 50­55 percent of a car's cost by 2030.That is up from around 30­35 percent in 2020. The shift could create a major opportunity for Indian auto component makers.The findings come from a BCG-ACMA report that examines major changes in India's auto component industry.It highlights how vehicles are becoming more electronic across both internal combustion engine and electric models. However, India's electrical and electronics segment accounted for only about 12 percent of component supply in FY25. WABAG Lands New RIL Contract for Jamnagar's Green Energy Complex, Industry OutlookGreen energy projects are driving demand for supporting water and wastewater infrastructure.VA Tech WABAG has secured a repeat order from Reliance Industries Limited (RIL) for an Effluent Treatment Plant (ETP) in Jamnagar. The order falls in WABAG's Rs 100 crore to Rs 250 crore "Medium" domestic order category. The project will be executed at RIL's Dhirubhai Ambani Green Energy Giga Complex (DAGEGC) in Jamnagar, Gujarat. WABAG will manage the project from design and engineering through manufacturing, supply, erection, and commissioning. SC VERDICT SAVES VODAFONE IDEA FROM 363 CRORE GST DEMANDRURAL INDIA GETS LPG PARITY: REFILL BOOKING CUT TO 25 DAYSAUTOMOTIVE SKILL SHORTAGE LOOMS AS CARS BECOME MORE ELECTRONICWABAG LANDS NEW RIL CONTRACT FOR JAMNAGAR'S GREEN ENERGY COMPLEXRural India gains LPG parity as the government cuts the refill booking interval to 25 days for consumers across the country. The Union Ministry of Petroleum and Natural Gas directs oil marketing companies to apply the same 25-day gap for both urban and rural domestic users with immediate effect. This ends the earlier differential system that forced rural households to wait longer. Union Minister of State Suresh Gopi confirms the change, noting that supply pressure has eased and refill backlogs have fallen considerably.
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