BluPine Energy, a renewable energy services company backed by global infrastructure investor Actis, has closed a structured financing deal of Rs 1,787 crore with the National Bank for Financing Infrastructure and Development (NaBFID).
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Lok Sabha passed the Finance Bill 2025 with 35 amendments, including the removal of a 6 per cent digital tax on online ads. The Union Budget 2025-26 proposes a total expenditure of Rs 50.65 lakh crore, with significant increases in…
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Finance Minister Nirmala Sitharaman stated that the new Income Tax Bill will be discussed in the monsoon session of Parliament. The bill, which aims to simplify the 1961 Income Tax Act, has fewer chapters and sections, and seeks to reduce…
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The company, which also imports telecoms equipment through its network division, received a warning in 2023 for misclassifying imports to evade tariffs of 10 per cent or 20 per cent on a critical transmission component used in mobile towers.
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India’s financial system has grown more robust and diverse since 2017 due to regulatory improvements and better capitalization of non-bank lenders. The public digital infrastructure has widened financial access, though enhancements in legal and tax frameworks remain necessary. The insurance…
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PwC plans to submit its report to IndusInd Bank’s board on accounting discrepancies in its derivatives portfolio, detailing the actual losses and remedial actions. The bank has also engaged Grant Thornton to conduct a forensic audit to uncover the root…
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