DP Global Wealth Management along with investors launch 26% open offer for AMPL Cap
The maximum consideration for the open offer stands at Rs 47.94 crore, payable entirely in cash, the termsheet of the open offer said.
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ICAI, ICSI, ICoAI must truly collaborate to make Corporate Mitra Scheme a success, say experts
The Ministry of Corporate Affairs has launched the Corporate Mitra scheme to address the skill gap in MSMEs, offering compliance and financial guidance. Accounting bodies like ICAI, ICSI, and ICoAI are involved in training and implementation. Experts, while lauding the…
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AI, data analytics power GST enforcement as taxpayer base crosses 1.65 crore: Finance Ministry
The Finance Ministry on Tuesday said advanced technologies such as artificial intelligence (AI), machine learning and data analytics are playing a key role in strengthening Goods and Services Tax (GST) administration by helping authorities detect potential tax evasion while reducing…
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Rupee's slide poised for fleeting reprieve after oil rout extends
The Indian rupee is poised for a slight uptick today, buoyed by falling oil prices. However, this relief is anticipated to be fleeting as regional currencies falter and U.S. yields climb. Traders are closely watching the market after the rupee’s…
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India Inc registrations jump 16% in June as investor sentiment rebounds
The number of companies incorporated increased to 19,375 in June from 16,654 a year earlier, according to the latest corporate affairs ministry data. Incorporations had fallen 8.6% in April before rising 5.5% in May.
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India central bank chief sees case for lower inflation target in long run
India’s inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation. Despite expectations of a rise, inflation…
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