Mahindra Group appoints Mahindra Holidays CFO Vimal Agarwal as Group Chief Internal Auditor
Veteran executive K N Vaidyanathan to retire in June after over 14 years with the conglomerate.
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India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisis
Gold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respectively. This move aims to conserve foreign exchange reserves and stabilise the external account amidst the West Asia conflict…
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ICAI to push for curbing foreign travel, other forex-saving ways among its members, officers
There will be curbs on foreign travel for the members holding positions at the institute, as well as the officers. If there are alternatives of having meetings virtually, then overseas travels will be curtailed, and such travels will be allowed…
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Kishore & Rakesh Biyani fined for Future Retail disclosure lapses
SEBI has fined Kishore Biyani, Rakesh Biyani, and former CFO C P Toshniwal a total of ₹50 lakh for violating disclosure norms and related party transaction rules in the Future Retail case. The regulator found inadequate disclosure of relationships and…
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CBI seizes forensic audit, tax records at RCom director's residence
Central Bureau of Investigation officials searched the home of Grace Thomas, a director at Reliance Communications. The operation focused on her past role at Reliance Telecom Limited. CBI seized personal details, a forensic audit report, and accounts records. Reliance Communications…
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Bridal jewellery gets a gold rush across India as panic buying over policy curbs and higher duties intensifies
Consumers are rushing to buy bridal jewellery across India. This surge follows Prime Minister Narendra Modi’s call for austerity measures. Jewellers report a significant increase in sales. Customers fear higher import duties or GST on gold. Many are advancing purchases…
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