The Securities and Exchange Board of India has warned two Mauritius-based funds. These funds have investments in the Adani Group. They could face penalties for not sharing shareholding details. The regulator has been requesting this information for two years. The…
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The Supreme Court dismissed petitions from Vodafone, Airtel, and Tata Teleservices seeking waivers on adjusted gross revenue (AGR) dues, deeming the pleas “misconceived.” The court refused to interfere with the government’s potential assistance to the telecom companies.
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India’s markets regulator, SEBI, is investigating six IndusInd Bank officials for potential insider trading. The probe focuses on whether these officials sold stock options with knowledge of undisclosed accounting irregularities. SEBI is examining the timing of trades and has requested…
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India intends to revise foreign investment regulations. The goal is to monitor foreign-owned entities more closely. New rules may affect e-commerce and pharmaceutical companies. The government plans a new category for foreign-owned and controlled entities. Share transfers and restructurings could…
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Additionally, the Bank will offer support such as expert guidance, and conduct workshops around financial management including banking basics, equity infusion, Employee Stock Ownership Plan (Esops), segment-based funding etc. To further support operational efficiency, the bank will offer payroll and…
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About 93 per cent industry leaders across eight countries, including in India, believe that manufacturing organisations that fully integrate AI will gain a significant competitive edge, a report showed on Monday.
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