Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a preference for a pause, the central bank may be forced to tighten monetary policy to…
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Bajaj Auto’s board will meet on May 6 to consider a share buyback. This move signals another capital return to shareholders. The company has a strong cash position. The details of the buyback will be announced after the meeting. The…
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Borrowings from promoters and related parties will be treated as public funds. Intra-group loans will be considered customer interface. These decisions are part of final directions for small NBFCs.
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The National Financial Reporting Authority (National Financial Reporting Authority) has begun a major internal restructuring to separate its investigation and disciplinary work into different divisions. The move is aimed at reducing any possible conflict of interest and improving procedural fairness…
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When certain performance targets were not met, Docomo invoked a ‘stop-loss’ clause, requiring Tata to find a buyer for its shares at a guaranteed price. Subsequently, the dispute reached the London Court of International Arbitration (LCIA).
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The Delhi High Court has stayed an order directing Tata Play to deposit ₹450 crore for alleged profiteering under GST, pending further hearing. The tribunal had held that the company did not pass on the benefit of reduced tax incidence…
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