Regulator notes strong adherence to independence norms by BSR & Affiliates, says deficiencies confined to select engagements
NFRA finds the firm generally compliant on independence, flags limited gaps in select audit engagements.
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Classic Marble Company appoints Murali Kumar as CFO
Classic Marble Company has appointed Murali Kumar as its new Chief Financial Officer. This move signals a shift towards a more professional and process-driven organization. Kumar will focus on enhancing financial systems and governance. The company aims for disciplined and…
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Sun Pharma looks to outshine rival bids with $13 billion Organon offer
Sun Pharmaceutical is making its biggest move yet with a $13 billion offer for Organon & Co. This ambitious bid aims to transform the Indian generics giant into a global leader in branded and innovative medicines. Sun Pharma is competing…
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Spotting the value of AI in Finance
The Mythos and Agentic AI debates, are not just about one model or one company. They are about the next phase of financial AI, where systems evolve from assisting decisions to actively shaping them. This transition will inevitably require a…
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SBI Life bets on agency engine and product mix shift for next growth phase
SBI Life’s VNB margins are expected to remain stable in the 27–28% range in FY27, aided by product diversification and pricing discipline. Even after absorbing GST-related impact, the margin profile has remained resilient, indicating strong underlying profitability.
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MPC minutes signal extended RBI pause as West Asia conflict clouds outlook
The minutes of the April policy meeting, where the MPC unanimously held the repo rate at 5.25% and retained a neutral stance, indicate that policymakers are viewing the current inflationary pressures as supply-driven and are willing to look through first-round…
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