Mumbai restaurants face a severe cooking gas shortage. Tushar Dhadam raised thali prices by 10% due to black market cylinder costs. Some small stalls are using domestic cylinders illicitly. This gas crunch is fueling inflation fears and impacting the rupee.…
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Finance committee calls for separation of audit review and disciplinary functions to strengthen oversight.
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The regulator last year proposed to halve the minimum amount of shares large companies had to offer in their IPOs, allowing those valued at above 5 trillion rupees ($57 billion) after listing to sell just 2.5% of their paid-up capital.
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Capital markets regulator Sebi introduced a framework allowing mutual funds to use intraday borrowing to manage temporary liquidity mismatches. Effective April 1, the rules cap borrowing to same-day receivables, restrict usage purposes, mandate board-approved policies, and ensure asset management companies…
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The Delhi bench ordered liquidation after CIRP expired without a resolution plan securing the required 66% creditor approval, pushing the EV maker into an asset sale under the IBC process
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India’s economy is poised for robust growth, with Fitch Ratings projecting 7.5% expansion for the fiscal year ending March 2026, exceeding earlier forecasts. Strong domestic demand, fueled by consumer spending and investment, is the primary driver. Despite a recent slowdown,…
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