The Enforcement Directorate has seized two luxury apartments valued at Rs 73 crore belonging to Anmol Singh Jaggi, promoter of Gensol Group and Bluesmart Mobility. This action is part of two money laundering investigations. Bank deposits totaling Rs 14.28 crore…
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This move aims to determine a fair and transparent closing price, mirroring global practices. Initially, CAS will apply to stocks with derivative contracts, with a phased rollout planned.
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The Securities and Exchange Board of India (Sebi) is proposing to scrutinize market indices heavily used by mutual funds, particularly those with over ₹20,000 crore in assets. A new framework will identify ‘significant indices,’ requiring their providers to register with…
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According to a recent report by Moody’s Ratings, India’s insurers are set to see a gradual improvement in profitability as strong premium growth, tax relief on life and health policies, and rising digital adoption support demand. However, underwriting pressures from…
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Experts urge the government to simplify tax laws and ensure tax neutrality for cross-border reorganisations. Reducing the cost of capital is also crucial for boosting foreign direct investment. The budget should signal a clear path for fiscal consolidation and debt…
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CollegeDekho has appointed Tapan Jindal as its new Chief Financial Officer. Jindal brings over two decades of experience to the ed-tech firm. His role will focus on enhancing financial governance and strategic planning. This move supports CollegeDekho’s expansion plans. The…
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