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ED summoned Zepto founders under FEMA ahead of IPO: Here’s what the updated DRHP revealsQuick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summoned by the Enforcement Directorate (...
INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...
India's cybersecurity talent gap grows as skills prove hard to findIndia faces a critical cybersecurity talent shortage, with nearly 39,000 unfilled positions, especially in emerging fields like IoT and blo...
Saudi Arabia issues new property ownership rules for foreign companiesSaudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdo...
Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
Stocks in news: Tata Steel, ICICI Bank, Tata Motors, Vedanta, Maruti SuzukiIndian markets traded cautiously on Thursday's weekly expiry, with analysts observing a continued tussle for direction in the Nifty. Key co...
The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
RBI clears Myntra's FEMA violations after penalty payment; ED closes investigationThe Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the ...
Telcos urge TRAI to regulate OTT apps as spam shifts onlineTelecom firms report most spam now bypasses regulations via internet apps. They urge the regulator to bring these platforms under control. ...
India plans to scrap capital gains tax on FPI investments in government securitiesIndia is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. Thi...
Trump signs AI order giving government access to powerful modelsUS President Donald Trump on Tuesday signed an executive order creating a voluntary framework under which AI developers will share advanced...
Work quote of the day by Anthropic CEO Dario Amodei: "No action is too extreme when the fate of humanity is at stake"Work quote of the day: Anthropic CEO Dario Amodei's powerful statement highlights the critical need for bold, unusual, and drastic action w...
Sebi panel weighs cap on clearing house dividendsRegulators are considering new rules for stock exchanges. A plan to limit dividends from clearing houses is gaining traction. Other proposa...
Trump signs AI order after earlier postponementPresident Donald Trump has rolled out a new initiative for AI firms, allowing entities such as OpenAI and Google to present their most soph...
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
Sebi imposes penalty on Suzlon, executives for misstating financialsThe Securities and Exchange Board of India has fined Suzlon Energy and its top executives ₹29 crore. This action follows allegations of mis...