Sebi also said MIIs should conduct internal audit of functions and activities at least once in a financial year. Besides, internal auditor should be an independent audit firm and report only to the audit committee.
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After a tepid start to 2025, the IPO market is getting back on track with six main-board companies, including Schloss Bangalore — owner of luxury hotel chain The Leela, are set to float their initial share-sales this month to collectively…
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Markets regulator Sebi has issued a notice to Mehul Choksi, the absconding diamantaire. Choksi must pay Rs 2.1 crore for violating insider trading rules related to Gitanjali Gems shares. Failure to pay within 15 days may result in asset and…
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The Supreme Court has urged the Centre to establish a clear policy for regulating cryptocurrency, highlighting its potential impact on the economy and likening Bitcoin trade to illicit activities like “hawala.
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The Supreme Court has supported a ruling regarding Goods and Services Tax law. Companies can now use Electronic Credit Ledger for mandatory pre-deposits. This decision helps businesses facing cash flow issues during disputes. Yasho Industries had challenged the rejection of…
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India has restricted gold and silver imports in specific forms to curb misuse of the India-UAE CEPA. The move, following a Budget FY26 announcement, aims to prevent gold imports disguised as platinum alloys to exploit lower duties.
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