Sebi has announced that research service personnel must obtain NISM certification within a year. Institutional investors no longer need to sign consent forms. Research analysts will still share terms and conditions. Sebi clarified what constitutes a research report. Journalists are…
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IndusInd Bank shares: As per an exchange filing, the bank plans to raise ₹20,000 crore through debt securities, either in Indian rupees or approved foreign currencies, via private placement. Additionally, it aims to raise ₹10,000 crore through equity instruments such…
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The Good Glamm Group will dissolve as lenders enforce charges on individual brands, leading to brand-by-brand sales. The company’s restructuring efforts failed due to complex structure and time constraints. Founder Darpan Sanghvi has pledged personal funds to pay pending employee…
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The Delhi High Court has shielded Canon India from coercive actions by revenue authorities concerning alleged excess input tax credit (ITC) and GST short-payments. The court addressed Canon’s petition challenging a Rs 2.24 crore tax demand for FY 2017-18, issuing…
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The Lok Sabha Select Committee has suggested amendments to the Income Tax Bill 2025, focusing on house property income. These revisions aim to align the bill with the Income Tax Act, 1961. Key recommendations include a standard deduction of 30%…
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Yes Bank’s succession plans will be clearer after SMBC’s stake purchase. Prashant Kumar’s tenure got a six-month extension. SMBC applied to RBI and CCI for approvals. The deal finalization awaits these approvals. Kumar anticipates a challenging September quarter for the…
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