According to the founder of the troubled edtech firm, loss of control over the company’s accounts following SC staying NCLAT’s decision has stopped the founders from infusing more capital to pay the salaries. On August 14, the Supreme Court stayed…
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Das – along with Christian Kettel Thomsen of Denmark and Thomas Jordan of Switzerland – has been given A+ rating based on success in areas such as inflation control and interest rate management among others.
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Sebi has proposed reforms to streamline the process for Indian companies to raise funds via rights issues. Key changes include eliminating draft offer letter, removing the merchant banker requirement, and reducing timelines.
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As the government prioritises the infrastructure investments, component localisation in the mining and construction equipment (MCE) industry could offer Rs 25,000 crore annual opportunity to construction equipment vendors by FY30, a report showed on Tuesday.
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The NFRA imposed a ₹10 crore fine and banned BSR & Associates LLP partners for audit lapses in Coffee Day Enterprises. The firm had depended on subsidiary auditors, which the regulator criticized, emphasizing significant overlooked investments. This hefty fine has…
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The statement comes days after Directorate General of GST Investigation issued a pre-show cause notice to IT major Infosys pointing to possible evasion of over Rs 32,000 crore, prompting intervention by the finance ministry.
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