Auditors have raised concerns about the financial health and practices of Oppo and Realme’s India units, citing bookkeeping issues, incomplete records, and a negative net worth for Oppo. These issues arise amidst ongoing regulatory scrutiny and investigations into the Chinese…
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The Reserve Bank of India (RBI) is seeking government approval to allow domestic banks to lend rupees to overseas borrowers, initially focusing on neighboring countries like Bangladesh, Bhutan, Nepal, and Sri Lanka. This move aims to promote the use of…
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Stock exchanges will now have to seek prior approval from the regulator for modifying the settlement day of their derivatives contracts from the one which has been existing. Under the current framework, stock exchanges could decide upon the expiry day…
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Sebi chairman Tuhin Kanta Pandey and corporate affairs secretary Deepti Gaur Mukerjee convened to address ongoing investigations into Gensol Engineering, amidst regulatory scrutiny over alleged fraud and corporate governance failures.
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National Financial Reporting Authority received a complaint against IndusInd Bank. The complaint is about accounting issues in forex derivative portfolio. Reserve Bank of India is providing inputs to NFRA. Securities and Exchange Board of India and Institute of Chartered Accountants…
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Tata Motors’ inaugural Tax Transparency Report reveals a slight decrease in global tax contributions for FY25, totaling Rs 38,892 crore. Direct tax contributions saw a dip, while indirect contributions witnessed a significant rise. Despite a decrease in consolidated net profit,…
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