ED arrests two in GST Input Tax Credit fraud case
The Enforcement Directorate (ED) has arrested two persons in connection with an investigation into a GST Input Tax Credit (ITC) fraud case.
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RBI appoints Sudhakar Malli as new Executive Director
The Reserve Bank of India (RBI) on Friday appointed Sudhakar Malli as Executive Director (ED) with effect from October 1.
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Sebi penalises SMC Global Securities for compliance lapses
Sebi has levied a penalty of Rs 1 lakh on SMC Global Securities due to regulatory infractions, particularly the mishandling of client order-placement records uncovered during an inspection. This examination, covering the period from January to September 2024, highlighted issues…
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Carlsberg India unit, 3 other firms get Sebi nod to proceed with IPO plans
Sebi has provided observations for the IPOs of Carlsberg India, Matangi Rubber, Ujin Pharma, and TMC Transformer. Carlsberg’s filing is under wraps, with specifics to be announced later. Matangi Rubber intends to issue 57.61 lakh new shares, complemented by an…
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Bajaj Finance board approves up to Rs 17,500 crore capital raise through QIP, warrants
Bajaj Finance’s Board of Directors has approved proposals to raise up to Rs 17,500 crore through a combination of Qualified Institutional Placement (QIP) and preferential issue of warrants, the company said in an exchange filing.
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Are CFOs ready for the storm?
While the manufacturing is showing signs of growth, the question is whether it will continue? If yes, at what speed? But the bigger picture that CFOs are spending time to decode is still the global dynamics. The geopolitical tensions have…
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