Income tax sleuths have unearthed a massive Rs 1,000 crore tax evasion and a Rs 250 crore unexplained investment in a Swiss pharma firm. Searches on Refex Group and associates revealed bogus purchases worth Rs 1,112 crore. Unaccounted income exceeding…
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Niti Aayog has proposed sweeping tax, regulatory, and market reforms to expand India’s corporate bond market into a major long-term capital source by 2030. The report urges parity in taxation, lower barriers for foreign investors, stronger market infrastructure, and coordinated…
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Samsung has completed 30 years of operations in India and the company said it is the only brand in the country with an end-to-end AI ecosystem with smartphones, tablets, refrigerators, washing machines, televisions and smart monitors together.
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On IPO utilisation, leaders said many recent public issues have been more exit-driven than capex-driven, even as corporate balance sheets deleverage and capacity utilisation improves. They expect consumption, MSME credit and government-backed infrastructure spending to eventually feed into a broader…
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President Trump has signed an executive order to prevent states from creating their own artificial intelligence regulations. He believes this will help the US compete with China in AI development. Several states have already proposed rules for AI, focusing on…
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JPMorgan Chase is poised to open its fourth branch in India, receiving in-principle approval from the Reserve Bank of India for a new location in Pune. This expansion, the first in nearly a decade, will serve corporate clients with a…
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