T N Manoharan, the chairman of IDBI and former president of the Institute of Chartered Accountants of India, passed away. He previously served as chairman of Canara Bank. Manoharan was an independent director at Mahindra & Mahindra and Tech Mahindra.…
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The final order comes as the company undergoes insolvency proceedings under the supervision of a court-appointed professional.
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Former IndusInd Bank CEO Sumant Kathpalia has proposed a ₹5.21 crore settlement to SEBI regarding insider trading allegations. SEBI had barred Kathpalia and other executives for trading on unpublished price-sensitive information related to accounting discrepancies. Kathpalia’s settlement application includes a…
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US President Donald Trump has announced a 25% tariff and additional penalties on Indian imports, citing trade imbalance and India’s oil purchases from Russia. Just hours later, he revealed a fresh energy deal with Pakistan to jointly develop the country’s…
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India’s stock market is facing potential losses due to newly imposed US tariffs, the highest in Asia, and concerns over energy purchases from Russia. This development exacerbates existing worries about India’s economic slowdown and lagging corporate earnings, leading foreign investors…
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Trump’s 25% tariff on Indian exports, effective August 1st, threatens sectors like gems, pharmaceuticals, textiles, and electronics. This move jeopardizes India’s preferential trade status despite earlier talks, impacting $129.2 billion in two-way trade. The tariffs could inflate costs, delay shipments,…
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