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JioStar raises damages claim against Zee to $1.1 billionJioStar has raised its damages claim against Zee Entertainment Enterprises to over a billion dollars. The dispute involves a cricket broadc...- Force majeure enabled for 'war'-hit contracts: Govt procurers to grant case-by-case extensions, only for firms that hadn’t defaulted by Feb 27The finance ministry has authorized force majeure for govt contracts impacted by the West Asia conflict, treating it as war. This offers re...
- RBI allows banks to extend relief measures to borrowers without their requests in disaster-hit areasNew Reserve Bank of India guidelines empower banks to offer relief to all borrowers in calamity-hit regions. These measures, effective July...
- GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
- Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
- The hidden architecture of debt: How companies can make their debt obligations disappearInvestors often read balance sheets, earnings reports, and ratios as if they show the full picture. But even when the numbers are technical...
- Income Tax Act: As the 2026 tax transition nears, taxpayers may have to navigate two legislations concurrently for next few yearsThe Income Tax Act, 2025 modernises the law while preserving continuity, ensuring that taxpayers are not forced into uncertainty during tra...
- Sebi eases settlement guarantee norms for commodity derivatives clearing corporationsThe Securities and Exchange Board of India has revised Core Settlement Guarantee Fund norms for commodity clearing corporations, requiring ...
- Hindustan Zinc did not take govt approval for brand fee agreement, says ViceroyHindustan Zinc, a Vedanta subsidiary, faces scrutiny over its 2023 Brand Fee agreement, as whistleblowers allege it lacked government appro...
- Sebi asks MFs to create separate portfolios for unrated debt defaultsThe directive comes against the backdrop of liquidity woes in the NBFC sector raising concerns about mutual fund investment in such stresse...
- Insurers asked to make provisions for IL&FS, RCap defaults"Some insurers have already made adequate provisions for all non-standard accounts of IL&FS."
- Beating drums to sell attached assets? Sebi flags 'outdated' recovery methodsSebi is empowered to order attachment and sale of defaulters' properties as well as bank accounts.
- Now, wrong investment calls mean bonus cut for debt fund managersFund house would have to disclose about the segregated portfolio.
- SEBI announces measures to protect investors in an event of credit defaultThe capital market regulator said the move to penalize the fund manager is to deter the fund houses from misusing this facility.
- A dubious first: PNB is just 5 days away from getting a defaulter tagIf PNB doesn't pay up Rs 1,000 cr of UBI's dues in 5 days' time, the govt and RBI will have to step in to avoid an unprecedented event in I...
- Hold Bank of Baroda target Rs 192: SharekhanHold Bank of Baroda at a price target of Rs 192.
- Banks don’t need to wait 90 days to start loan recoveryUnder Reserve Bank of India rules, a loan becomes non-performing if the interest or instalment of principal remains overdue for more than 9...
- Income Tax department will continue sending letters to non-filers: Finance MinistryEncouraged by the "results", Finance Ministry today said it will continue to send letters to assesses who do not file income tax return.
- Banks can use credit default swap to cut riskNotwithstanding the relentless credit growth for a country growing at more than 9%, banks still run risk of default.
- Major lenders to set up credit info coNew company will facilitate collection & pooling of data on corporate defaulters and such events.
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