Sonali Sharma has been appointed as managing director and head of legal at Barclays India. She previously served as head of legal and general counsel at Bank of America. Her career began as a trainee at Mulla & Mulla before…
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The Supreme Court has confirmed the Bombay High Court’s verdict that invalidated YES Bank’s write-off of AT1 bonds totaling Rs 8,415 crore, part of a March 2020 restructuring plan. Investors, both institutional and retail, took their grievances to the High…
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India’s net direct tax collections grew 13.21 per cent year-on-year (YoY) to Rs 13.38 lakh crore as of October 14 in the current financial year (FY27), driven by higher corporate tax, non-corporate tax and securities transaction tax (STT) receipts, according…
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Vini Cosmetics welcomes Manoj Gadgil as its new chief executive officer. With over two decades of rich experience in marketing, sales, and business strategy, he has an impressive background, including tenure at Kenvue and various positions at Johnson & Johnson.…
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Canara Bank has a corporate loan pipeline totaling Rs 47,000 crore amid rising demand from Indian companies. The bank expects credit growth to remain above 19% year-on-year for the upcoming quarter. It reported significant growth in deposits and loans due…
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New Principal Purpose Test puts commercial rationale, substance and purpose of Mauritius based investment structures under greater focus, tax experts say.
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