These institutions accumulated significant stakes in consumer internet firms Eternal, Swiggy, Nykaa and PB Fintech this past year, despite mixed share performance. They also bought into companies such as Lenskart, Groww, Meesho and PhysicsWallah that entered the public market in…
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The regulatory easing comes as lenders report a revival in corporate credit demand, led by sectors such as oil and gas, infrastructure, metals, power and large non-bank financial companies.
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Domestic and foreign companies will be treated on a par when it comes to tax benefits for data centres, Union IT and electronics minister Ashwini Vaishnaw said on Saturday, citing a post-budget clarification issued by the finance ministry that offers…
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Scheduled Commercial Banks have achieved a historic low in their Gross NPA ratio. India requires 307 GW of thermal power capacity by 2034-35. A falling rupee is expected to boost exports. External debt remains sustainable. CAG audit identified deviations in…
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The Goods and Services Tax Appellate Tribunal has ordered instant noodle maker CG Foods to deposit over ₹90 lakh into the Consumer Welfare Fund. The tribunal found the company profiteered by not passing on a GST rate cut benefit to…
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The move follows after the Delhi High Court in a judgement flagged procedural issues. Until the Supreme Court provides clarity, NFRA’s internal position is to resolve the legal issues conclusively before resuming the issuance of fresh disciplinary orders.
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