SEBI is taking steps to remove companies that lack economic activity from the stock exchanges. These companies pose a risk to investors as they may be involved in market manipulation schemes. The regulator is also using AI techniques to track…
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In October, UPI transactions soared beyond 25 billion, showcasing remarkable growth in digital payments. For the first time ever, the average daily transaction value topped Rs 1 lakh crore, driven by the festive season and elevated consumer spending. Despite concerns…
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A CEO exit at Equitas SFB, a new CEO at Hinduja Housing Finance, a new Non-Executive Chairman at Veritas Finance and a former RBI official on Finnable’s board marked a week of senior leadership changes across banking, housing finance and…
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The National Company Law Tribunal declared the transactions of JLS Realty Pvt Ltd invalid, impacting its redevelopment land. It determined that the transfer to Spenta Suncity offered no real commercial advantage for JLS Realty. Additionally, the tribunal invalidated unlawful director…
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Bosch Home Comfort Group is set to introduce its Bosch-branded air conditioners in India next year, aiming for a double-digit market share within two years. With an investment of 80 million euros, the company is focused on boosting manufacturing and…
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India’s ESOP tax rules impose tax on unrealised gains before employees receive cash, creating liquidity pressures. Reforming taxation through deferrals or concessional rates could encourage employee ownership and ease the burden.
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