The issue will consist of a fresh issue of shares worth Rs 660 crore and an OFS of about 2.8 crore shares, aggregating to around Rs 1,300 crore, sources said. Shareholders, including Nexus Venture Partners, Peak XV Partners, Jungle Ventures,…
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The Enforcement Directorate has attached fresh assets worth over Rs 1,800 crore in a money laundering probe against Anil Ambani group companies. This brings the total attachment value to Rs 12,000 crore. The agency detected fraudulent diversion of public money…
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India’s market regulator Sebi faces internal division regarding new conflict-of-interest rules for its top officials. The Sebi board is debating whether it can impose a code of conduct on its chairman and members, whose appointments are approved by the central…
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The engineering exports industry proposes faster refunds and targeted green incentives to unlock cash flows, lower energy costs, and strengthen MSME-led exports.
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In her address to both Houses of Parliament, Murmu also said the government has revamped the Income Tax law and taken a “historic decision” to exempt income of up to Rs 12 lakh from taxation.
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While India Inc’s global trade and credit profiles remain largely unaffected by Iran’s unrest, potential disruptions loom for sectors like oil refining, aviation, and crude-linked industries if tensions escalate. Direct trade with Iran is minimal, but rising crude prices could…
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