IndusInd International Holdings’ ₹9,861-crore acquisition of Reliance Capital faces a new hurdle as the company seeks to adjust over ₹1,000 crore in GST dues owed by Reliance Capital’s insurance subsidiaries. Creditors are reluctant to accept this adjustment, leading to a…
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The committee is not in favour of a blanket GST exemption on life and health insurance premiums, said people aware of deliberations. It’s likely to give a detailed report on the revenue impact under different rate scenarios for insurance products…
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India Inc is pushing for gender diversity in temporary hiring during peak periods like the festive season. Sectors such as ecommerce, logistics, retail, and BFSI are actively onboarding more women workers. Companies are offering flexible hours, transportation, and skill development…
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Legal expenses for India’s top 500 companies rose by 17% in the last fiscal year, driven by international deal activities, dispute resolution costs, and increased compliance. The Nifty 500 companies spent ₹52,568 crore on legal fees. The top spenders included…
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“Ekart is building the supply chain for India and carries the mission of democratising ecommerce for all brands,” said Mani Bhushan, chief business officer at Ekart. “Ekart is well-established and will continue to deepen presence in tier II-III supply chains…
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The shift could expand the influence of large audit firms, such as the Big Five, over a broader range of Indian companies, including numerous unlisted entities, experts say.
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