The Indian government is monitoring imports of laptops, tablets, and servers, focusing on 27 companies under the Production linked incentive (PLI) scheme 2.0 for IT hardware. The government is preparing to replace the current import management system with an import…
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The Competition Commission of India (CCI) has approved the demerger of ITC Ltd’s hotel business into a separate entity, ITC Hotels Ltd. The new entity will be listed on stock exchanges after the demerger. ITC will continue to hold a…
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Gautam Adani, chairman of the Adani Group, is reportedly looking into acquiring a stake in One97 Communications, the parent company of Paytm, according to sources cited by The Times of India. Paytm’s founder and CEO, Vijay Shekhar Sharma, met with…
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The core of the dispute lies in the procedural aspects followed by taxpayers. It is evident that this situation could have been avoided if the CBIC had issued specific instructions and guidelines earlier, or if the GST portal had been…
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In April 2024, Foreign Portfolio Investors (FPIs) exhibited selective confidence in the Indian equity market, channeling substantial funds into specific sectors while withdrawing from others. This investment pattern provides a revealing insight into both the perceived opportunities and risks within…
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Adani Energy Solutions Ltd, formerly Adani Transmission Ltd, will raise up to Rs 12,500 crore through qualified institutional placement (QIP) or other permissible mode, the company said in a regulatory filing on Monday.
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