Anand Piramal assumes the role of chairman at Piramal Finance, succeeding his father, Ajay Piramal, after the merger of Piramal Enterprises. The board also accepted the resignations of Ajay and Swati Piramal, with Ajay continuing to lead Piramal Group. Jairam…
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Banks plan to launch a common portal to monitor consortium loans, sharing data such as audit reports, borrower responses, stock statements, and limit allocations. The platform, backed by 12 public and five private banks, aims to improve coordination, oversight, and…
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To address conflict of interest concerns, a Sebi panel will recommend public asset disclosure for its chairman and senior officials, aligning with global practices. This move follows allegations against the previous chief and aims to enhance transparency. The recommendations, including…
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Nirmala Sitharaman launched the Goods and Services Tax Appellate Tribunal. GSTAT aims to reduce tax litigation. It will provide a single tax regime. The focus is on simplified decisions and digital filings. GSTAT and GST reforms will unlock capital. It…
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Corporate Social Responsibility (CSR) spending in India is projected to treble and exceed Rs 1.2 lakh crore annually by 2035, making it the largest pool of philanthropic capital in the country, according to a recent report.
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MakeMyTrip has announced leadership changes with Mohit Kabra elevated to Group Chief Operating Officer and Dipak Bohra appointed as Group Chief Financial Officer. Kabra, with over 14 years at the company, will oversee operations across business units, while Bohra, a…
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