Markets regulator Sebi on Thursday asked merchant bankers to upload and maintain due diligence documents related to public issues on the repository platform maintained by stock exchanges. The uploaded documents can be accessed by the relevant merchant banker using individual…
Read More
Sitharaman, who will chair these meetings, will seek their inputs regarding upcoming Budget amid seven-quarter low GDP print of 5.4 per cent in second quarter of the current financial year.
Read More
Commerce and Industry Minister Piyush Goyal announced that the government is open to exploring alternative financing models to support micro, small, and medium enterprises (MSMEs) and may allocate specific areas for them in industrial townships. He urged the industry to…
Read More
The Institute of Chartered Accountants of India (ICAI) has ramped up disciplinary actions against its members, with over 200 hearings conducted in recent months. Penalties have included membership cancellations. Over 1,000 chartered accountants have been found guilty of misconduct since…
Read More
Indian companies rarely report bribery cases, despite anti-corruption policies. Public sector companies disclose more incidents due to higher scrutiny. This is because they handle public funds and large contracts. Private companies prefer internal handling of such issues. Unlike the US…
Read More
Aditya Birla Fashion and Retail reported a GST demand of Rs 2.45 crore, comprising tax, interest, and penalty amounts. The company stated that this demand will not affect its financials or operations and considers it maintainable. They are currently assessing…
Read More