India’s private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans for expansion and acquisitions. Banks, wary of complex financing, are leaving a gap that private lenders are filling with…
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Indian stock markets saw a second day of gains, with Sensex and Nifty inching up as oil prices plummeted to $70 a barrel amid US-Iran peace talks. Tech stocks like Infosys led the charge, while broader markets also traded higher.…
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The maximum consideration for the open offer stands at Rs 47.94 crore, payable entirely in cash, the termsheet of the open offer said.
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The Ministry of Corporate Affairs has launched the Corporate Mitra scheme to address the skill gap in MSMEs, offering compliance and financial guidance. Accounting bodies like ICAI, ICSI, and ICoAI are involved in training and implementation. Experts, while lauding the…
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The Finance Ministry on Tuesday said advanced technologies such as artificial intelligence (AI), machine learning and data analytics are playing a key role in strengthening Goods and Services Tax (GST) administration by helping authorities detect potential tax evasion while reducing…
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The Indian rupee is poised for a slight uptick today, buoyed by falling oil prices. However, this relief is anticipated to be fleeting as regional currencies falter and U.S. yields climb. Traders are closely watching the market after the rupee’s…
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