NFRA tightens audit file rules, warns firms against delays and post-facto documentation
Audit regulator flags archival lapses, seeks faster and complete submission of records.
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‘Clear exit rules will encourage NPS participation’: Finance Ministry
New rules for the National Pension System offer more flexibility. Subscribers can now withdraw their entire pension wealth in a lump sum if it is ₹2 lakh or less. These changes aim to make the NPS more inclusive and responsive…
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Piramal Finance to exit Shriram Life Insurance Company
Piramal Finance is selling its 14.72% stake in Shriram Life Insurance to Sanlam Emerging Markets for ₹600 crore. This move aligns with Piramal’s strategy to exit non-core assets and reinvest in its lending business. The transaction is expected to close…
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Growth may somewhat soften despite strong H1 performance: RBI MPC Minutes
Despite a strong first half performance, the Reserve Bank of India stated early signs of growth moderation in its RBI MPC minutes. While real GDP growth accelerated to 8.2% in Q2 FY26, the MPC noted weakness in select high-frequency indicators,…
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Corporate governance is about credibility, not just compliance: Sebi Chairman
Sebi chairman Tuhin Kanta Pandey urged proactive corporate governance. He stated compliance serves a purpose beyond mere form. Corporate governance is about credibility in decisions, conflict management, and information sharing. He highlighted the hazards of reactive governance as capital markets…
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Flipkart acquires majority stake in GenAI startup Minivet AI
Flipkart has acquired a majority stake in Minivet AI. This Bengaluru-based startup specializes in generative AI for e-commerce. The acquisition aims to enhance Flipkart’s generative AI capabilities. It will accelerate the shift towards video-led and conversational online shopping experiences. Minivet…
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