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DIRECTOR TAX AND REGULATORY SERVICES
EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...
AstraZeneca's Enhertu gets regulatory approval in India for first-line HER2-positive breast cancerAstraZeneca Pharma India has secured approval from India's drug regulator for its smart chemotherapy drug Enhertu. This allows for its impo...
India-Oman trade pact to open huge export opportunities for labour-intensive sectors: ExpertsIndia and Oman's new trade pact unlocks significant export potential for sectors like textiles, gems, and marine products. This agreement a...
In active talks with Indian govt, received encouraging feedback: StarlinkStarlink is actively discussing its satellite services with the Indian government. The company has received positive feedback on its potent...
Road safety tech plan hit by telcos-auto turf warIndia's ambitious V2X deployment faces a major hurdle as telcos, tech firms and auto bodies clash over control. Disagreements over licensin...
India considers extending import tax exemption on petrochemicals to beyond June 30India will consider extending import tax exemptions on petrochemicals used for making plastics and pharmaceutical goods beyond June 30 to...
Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...
Court allows ED access to SFIO documents in CMRL-Exalogic money laundering caseA court has granted the Enforcement Directorate access to documents from the Serious Fraud Investigation Office. These documents are crucia...
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
Uzbekistan can provide more incentives to Indian pharma firms, aims to become regional hub for supplyUzbekistan is inviting Indian drug companies to invest more. They are offering better subsidies and technology help. This aims to make Uzbe...
Trai plan to regulate internet TV triggers pushback from OTT, broadcaster groupsIn a bid to regulate, India's telecom authority TRAI is exploring potential guidelines for online television services, sparking a backlash ...
Coal India unit BCCL greenlights measures to ease diesel price stress on contractorsBharat Coking Coal Ltd, a unit of Coal India, has approved interim measures. These steps aim to ease financial strain on contractors. The s...
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...
BofA taps Avendus dealmaker Anshul Gupta in major post-Mizuho exitBank of America is strengthening its India operations. Anshul Gupta joins from Avendus Capital to lead the investment banking division. Thi...
SAS Mumbai comeback hits turbulence as inaugural flight turns back to CopenhagenSAS's return flight to India faced a setback. The inaugural Copenhagen to Mumbai flight turned back mid-air. This happened because final re...
Brokers prepare rollout of algo trading tools for retail investorsMajor brokers are set to launch algorithmic trading tools for retail investors in the coming months, following enhanced regulatory clarity....
ED searches against Vedanta Group in FEMA caseVedanta Group FEMA Case: The Enforcement Directorate is searching Vedanta Group properties in Delhi and Mumbai. This action is part of an i...
Cyient to acquire Tao Digital in $218 million all-cash dealMid-tier engineering services provider Cyient is acquiring US-based Tao Digital Solutions for $218 million in an all-cash deal. This strate...
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposureThe Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with r...