IndusInd Bank has appointed EY to conduct a forensic audit into a ₹600 crore discrepancy related to interest income in its microfinance portfolio, flagged during the statutory audit. This investigation aims to identify any lapses and determine accountability. It is…
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Landowners are contesting Goods and Services Tax (GST) demands on joint development agreements (JDAs), arguing that transferring development rights shouldn’t attract GST. They’ve approached courts in Mumbai, Telangana, and Delhi-NCR seeking relief. The dispute centers on whether this transfer qualifies…
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The appeal comes amid continuing air quality challenges in Indian cities and the country’s need for alternative clean transportation solutions.
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”The Central and State Governments and GSTN have taken various steps to prevent fake ITC claims, including providing intelligence inputs, detecting fraudulent registration, and suspicious e-way bill activity,” an official told PTI.
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Eversource’s offer may not result in a deal due to probes at BluSmart’s sister concern Gensol; Eversource may directly negotiate with lenders of Gensol to buy EVs leased to BluSmart. Eversource recently exited a large investment in Ayaana Renewable Power,…
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Birla Cotsyn, an Indian cotton manufacturer, has named Harish Kumar Pareek as its new Chief Financial Officer, effective April 19, 2025. This appointment follows the departure of Vipin Dilip Kumar Varkhawat. Pareek brings over 20 years of finance experience and…
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