Religare appoints Rajender Malla and Shrikant Somani as Independent Directors

Religare Enterprises has appointed Rajender Mohan Malla and Shrikant Shreeniwas Somani as Independent Directors, strengthened its compliance by naming...

Trump tariffs may not have significant impact Indian auto, pharma firms, say experts

The Indian pharmaceutical industry that supplies nearly 47% of generic medicines to the US is also under scrutiny. The proposed reciprocal tariffs on ...

Does the new Income Tax Bill 2025 pave way for double taxation of dividends?

The New Tax Bill has omitted section 80 M of the Income Tax Act 1961 that deals with dividend taxation for a holding company. This section allowed a p...

5 Ways to drive Digital Financial Transformation for Startups

According to Deloitte's Q4 2023 CFO Signals report, 76% of CFOs believe that digital initiatives are integral to achieving their company's str...

Indian banks to face margin squeeze as RBI may go for more rate cuts

NIMs at the six largest private and state-owned banks have been under stress as deposit rates caught up with lending rates over the past few quarters....

Airbus to sign deal with Spirit Aero in weeks: CFO

Boeing has said it would buy back its former subsidiary Spirit Aero, which is a critical supplier to Boeing, for $4.7 billion in stock.

FMCG Inc readies quick fix for urban distributors

Companies like Godrej Consumer, Emami, and Adani Wilmar are reducing the number of urban distributors to make them more viable, offering higher credit...

State seeks bigger share of central taxes as Finance Commission begins review

Madhya Pradesh currently receives 7.85 per cent share in the central taxes but is seeking an increase to nearly 9 per cent. The state receives the ...

SEBI plans to curb proliferation of thematic MF schemes: Chairperson Buch

There is no reason to put a cap on the thematic schemes and something should rather be done to curb the root cause of such proliferation, SEBI Chairpe...

India needs to cut tariffs for its own good: Niti Aayog CEO BVR Subrahmanyam

NITI Aayog CEO BVR Subrahmanyam emphasizes the need for India to reduce tariffs and complete trade agreements with major economies. He advocates for d...

Trump has a $700 billion plan to abolish income tax and replace IRS

The Trump administration aims to abolish the IRS and replace it with a tariffs-based revenue system, potentially generating $700 billion annually. Com...

India mulling lower duties for low-volume US imports

India is considering reducing duties on certain US products that pose no significant threat to local industries under a proposed Bilateral Trade Agree...

'Remote-controlled' plaint: Cops may quiz Rashmi Saluja

The Mumbai police plan to question Rashmi Saluja, former chairman of Religare Enterprises, over complaints related to the company's takeover by Dabur'...

Monarch Networth Capital settles violation of stock brokers' rule with Sebi

Monarch Networth Capital Ltd settled with Sebi after paying Rs 11.37 lakh for an alleged stock brokers' rule violation. The settlement was made follow...

RBI DG asks entities to guard against reckless financialisation

Reserve Bank Deputy Governor M Rajeshwar Rao has warned financial sector entities to avoid reckless financialisation amid rising unsecured lending and...

Q-com gears up for a busy summer of ice creams and ACs

With summer arriving early in parts of India, quick commerce companies are gearing up for a long season, which is typically deemed critical for 10-min...

India's big-ticket defense-tech move: Mahindra Group partners with US-based Anduril Industries

Mahindra Group has partnered with US-based Anduril Industries to develop autonomous and counter-unmanned aerial systems, including Autonomous Underwat...

India Feb business growth at 6-month high, fueled by services and jobs surge, PMI shows

Growth in India's private sector surged in February, driven by a significant rise in services activity. The HSBC India Composite PMI rose to 60.6, wit...