Finance minister Nirmala Sitharaman highlighted India’s Global Capability Centres’ potential to contribute $200 billion to the economy and create numerous jobs by 2030. The government is committed to supporting GCC growth through streamlined approvals, tax certainty, and integrated administrative support.
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JPMorgan Chase is launching a strategic financing solutions unit to offer alternative financing strategies to clients, tapping into the growing private credit market. This new unit will focus on structured private solutions, infrastructure finance, and direct lending. Warfield Price and…
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Viceroy Research has criticized Vedanta’s annual general meeting. They called it a ‘stage-managed’ event. Proxy advisor InGovern defended Vedanta’s structure. InGovern stated such structures are common in capital-intensive industries. They cited Adani Group, Tata Group, and Reliance Industries as examples.…
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The further softening of the CPI inflation in June to 2.10 per cent — lowest year-on-year inflation recorded since January 2019 — gives the Reserve Bank of India (RBI) significant room to manoeuvre but we do not expect an immediate…
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The Income Tax Department has launched extensive raids across India, targeting individuals and entities involved in facilitating fake tax deductions. Over 200 premises were searched, focusing on fraudulent claims related to political donations, tuition fees, and medical expenses. Investigations revealed…
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At the CII GCC Summit, MeitY emphasised expanding India’s global capability centres (GCCs) beyond six key hubs to tier-II cities. Industry leaders stressed infrastructure upgrades, digital talent platforms, and innovation focus. A national GCC policy is in development, with potential…
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