A new US report claims countries route exports through third nations to avoid tariffs. This practice, known as transshipping, costs the United States billions in lost tax revenue annually. China is specifically named as a country utilizing this method to…
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Aditya Birla Group companies will pay a brand royalty starting June 2026. A 0.25% revenue royalty is mandated, capped annually at Rs 225 crore. Grasim Industries expects royalty payments well below the established ceiling. Hindalco and Novelis will also adopt…
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Amendments introduce new accounting framework for nature dependent electricity contracts, electronic payments and contingent cash flows; key changes apply to financial year beginning April 1, 2026.
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Insurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity intensified competition. Marsh India expects the buyer-friendly market to persist, with companies using lower prices to secure broader coverage and higher…
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Bank of America is set to invest a substantial $1.9 billion into Jio Financial’s Jio Credit, marking a significant show of confidence in India’s booming retail loan sector. This collaboration merges Jio’s innovative digital capabilities with the seasoned financial knowledge…
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The Bengaluru-based company had received Sebi approval on July 10 for its IPO, clearing the way for one of the largest listings by a new-age manufacturing company. It had submitted its pre-filed DRHP through Sebi’s confidential filing route in late…
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