The Reserve Bank of India has mandated AU Small Finance Bank’s promoters, including Sanjay Agarwal, to transfer their holdings to a non-operative financial holding company (NOFHC) before granting final approval for universal banking operations. This move aims to ring-fence the…
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Sebi chief Tuhin Kanta Pandey urged a redefinition of independent directors’ roles as stewards of accountability, advocating for broader diversity and cognitive diversity on boards. He emphasized embracing technology for smarter governance, shifting the focus from mere compliance to fostering…
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The Supreme Court has ruled in favour of Bharti Airtel and Indus Tower. Telecom towers are now classified as movable property. This makes them eligible for input tax credit under income tax laws. The court dismissed the income tax department’s…
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From Colgate-Palmolive to Thomas Cook, finance leaders share how they’re redefining trust, agility, and stakeholder engagement for long-term relevance.
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Mahindra Group’s CFO, Amarjyoti Barua, advocates for a level playing field in trade agreements, emphasizing innovation over protectionism. He highlights the need for government support in nascent industries like auto, given India’s growth potential. Barua also outlines strategic financial priorities,…
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A proposed 100 per cent U.S. tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan’s chip production landscape, potentially pulling more of the island’s semiconductor operations onto American soil, reports Focus Taiwan.
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