Apple plans to shift iPhone assembly for the U.S. market to India by next year, driven by tariff threats and geopolitical risks. This move aims to produce over 60 million iPhones annually in India by 2026, doubling current output. The…
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Volvo Cars has a new Chief Financial Officer. Fredrik Hansson takes over with immediate effect. He replaces Johan Ekdahl. Ekdahl steps down after almost ten years. Hansson was previously Head of Global Controlling. He was also Deputy CFO. The company…
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SEBI has shortlisted nine firms, including Deloitte, BDO, and Chokshi & Chokshi, for conducting forensic audits of listed companies, reducing the panel size from 20. The selection, valid for three years, prioritizes firms with proven experience and quality work in…
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The RBI has significantly eased FEMA regulations by capping penalty amounts for violations at Rs 2 lakh, a substantial reduction from the previous system of penalties based on a percentage of the violation amount. This change impacts various contraventions, including…
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The Spandana board on Wednesday appointed chief financial officer Ashish Kumar Damani as the interim chief executive of the company. Saxena will continue to assist the company for the next three months to ensure a smooth transition.
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The Enforcement Directorate (ED) raided Gensol Engineering Ltd offices and detained co-promoter Puneet Singh Jaggi amid financial misconduct allegations. This action, triggered by a SEBI report, accuses the Jaggi brothers of diverting funds obtained from Power Finance Corporation and IREDA…
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