Flipkart Group CEO Kalyan Krishnamurthy acknowledged Venkataraman’s stint at the organisation, saying that he “played an important role in strengthening our finance organization over the years.”
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They also mandate enhanced reporting for financial instruments like zero-coupon bonds, and sthresholds for significant economic presence, reflecting a broader push to improve tax transparency, plug leakages and align India’s tax regime with evolving global standards.
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The Indian rupee dropped to a record low on Friday to 93.12 against the US dollar, amid global supply chain disruptions due to escalating Middle East conflict.
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Qatar’s Ras Laffan plant closed earlier this month after an Iranian drone attack, the first interruption to supply in three decades of operation. After further hits – in retaliation for an Israeli strike on the vast South Pars fields on…
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In the latest trade, Brent crude futures fell by $1.24, or 1%, to $107.41 per barrel, while U.S. West Texas Intermediate (WTI) crude declined by $1.24, or 1.3%, to $94.90.
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Unilever is reportedly in discussions to merge its food division with spice maker McCormick. This potential all-stock deal could unite popular brands like Hellmann’s and Cholula. The move comes as Unilever aims to streamline its operations. Food companies are facing…
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