Banks are tightening their forensic auditor empanelment framework. This action follows Enforcement Directorate observations against two audit firms. Two audit firms have been de-empanelled from the Agencies for Specialised Monitoring list. Lenders will review the framework for empanelling audit firms…
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The disputed amount of ₹11,003 crore comprised interconnect charges, employee costs, professional fees, call-centre expenses, power and fuel, repairs and maintenance, network operating costs, interest, selling and distribution expenditure, etc.
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A new Mines and Minerals Act, 2026, aims to standardize mining taxation across India. This legislation seeks to bring uniformity and predictability to financial viability for mining activities. It addresses pending retrospective levies, providing greater certainty and confidence to the…
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Livspace will use its network of physical experience centres to showcase and sell products across the new categories. The company has over 120 experience centres.
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Companies employing lower-paid and gig workers are facing higher labour costs after more than 15 states raised minimum wages since April, adding pressure ahead of the festive season.
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Sebi has closed proceedings against Max Financial and Axis entities concerning alleged shareholder losses. The regulator found no evidence of disclosure lapses or a fraudulent scheme. Transactions between Max and Axis entities from 2009 to 2022 were examined. Allegations of…
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