The Institute of Chartered Accountants of India has paused its global networking guidelines. These guidelines encouraged domestic firms to form international partnerships and register. Major audit firms opposed registration and sharing sensitive operational details. Stakeholder concerns and ministry input prompted…
Read More
West Asian disruptions prompt companies to shift inventory to India. Multinational firms are establishing satellite distribution hubs alongside Dubai. This move diversifies supply chains away from single regional distribution points. Automotive and pharmaceutical sectors are leading this significant inventory relocation.…
Read More
Fairfax Holdings aims to secure a major stake in IDBI Bank through an improved offer. The collaboration with the government and LIC is set to yield about fifty-three thousand crore rupees from their combined stakes. This groundbreaking investment will set…
Read More
State Bank of India has named Sunil Agrawal its new Chief Financial Officer, bringing with him a wealth of experience from his 27 years at LIC. His role as key managerial personnel highlights his expertise in financial planning and regulatory…
Read More
The Enforcement Directorate alleges illegal betting funds financed a major acquisition. Vikas Garg’s firm Eraaya Lifespaces acquired US software company Ebix using these funds. Money was routed through overseas structures and investment mechanisms. The agency has attached assets worth over…
Read More
During the meeting, the Indian side shared details of the country’s Digital Public Infrastructure for labour, including the National Career Service Portal and the e-Shram Portal, described as the world’s largest database of informal sector workers.
Read More