Gautam Adani-led Adani group, which owns Ambuja Cements and ACC Ltd, is targeting to capture around one-fifth of the Indian cement market by FY28. Adani Cement business will implement its accelerated capex program through internal accruals and the business will…
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While the size of the fundraising remains undisclosed, the new round will more than double the valuation of the company. Last year in January, Blue Tokai raised USD 30 million in a Series B round at a reported valuation of…
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Quantum Mutual Fund objects to ICICI Bank’s delisting plan for ICICI Securities, citing non-compliance and flawed valuation. Allegations of fraudulent means in achieving majority vote raise concerns about the scheme’s integrity.
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CBDT clarifies pending India-Mauritius DTAA amendments with new PPT introducing challenges for TRC reliance. Lokesh Shah from IndusLaw highlights the potential impact on treaty benefits, emphasizing tax authorities’ authority to deny benefits in certain cases.
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R Dinesh, President of CII emphasised big-ticket reforms and broad consensus amongst the centre and the states to make the sea-change. Speaking with CII President, he said, “From an industry perspective, let me make four broad points. First and foremost,…
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Overall, Q4FY24 earnings season is expected to be reasonably aided by healthy macroeconomic trends.
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