Vedanta Group has emerged as the winning bidder for the debt-ridden Jaiprakash Associates (JAL), surpassing Adani Group with a Rs 17,000 crore offer. This bid translates to a net present value of Rs 12,505 crore for JAL, which faced insolvency…
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Charlie Kirk’s recent remarks against providing more US visas for Indian professionals have sparked controversy, raising concerns about the potential impact on the US economy and innovation. His statement, made amidst US-India trade negotiations, has been criticized for targeting a…
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Terming the GST reforms as a “big vigilance” exercise, the Union Minister mentioned that the government has a lot of work after September 22 and expressed confidence that the benefits of the GST reforms will reach the common people.
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After incendiary remarks strained ties with India, President Trump attempted damage control, affirming the “special relationship” despite disappointment over India’s Russian oil purchases, threatening a 50% tariff. This came after India rejected US demands, asserting its right to choose its…
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Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over allegedly using pirated books to train its artificial intelligence models, according to court documents filed Friday. The settlement stems from a class-action lawsuit filed by…
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The rate rationalisation has eased working capital pressures by aligning input and output tax rates, and paving the way for quicker provisional refunds, and a two-slab structure eases compliance costs and classification disputes, say CFOs.
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