Indian markets brace for further declines as escalating Middle East tensions, fueled by US President Trump’s rhetoric, push oil prices skyward. The rupee is also expected to weaken, hitting record lows. Investors remain cautious, with foreign funds divesting holdings, as…
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Mumbai restaurants face a severe cooking gas shortage. Tushar Dhadam raised thali prices by 10% due to black market cylinder costs. Some small stalls are using domestic cylinders illicitly. This gas crunch is fueling inflation fears and impacting the rupee.…
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Finance committee calls for separation of audit review and disciplinary functions to strengthen oversight.
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The regulator last year proposed to halve the minimum amount of shares large companies had to offer in their IPOs, allowing those valued at above 5 trillion rupees ($57 billion) after listing to sell just 2.5% of their paid-up capital.
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Capital markets regulator Sebi introduced a framework allowing mutual funds to use intraday borrowing to manage temporary liquidity mismatches. Effective April 1, the rules cap borrowing to same-day receivables, restrict usage purposes, mandate board-approved policies, and ensure asset management companies…
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The Delhi bench ordered liquidation after CIRP expired without a resolution plan securing the required 66% creditor approval, pushing the EV maker into an asset sale under the IBC process
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