Govt issues clarification on issuance of bonus shares to existing foreign investorsThe DPIIT has clarified that Indian companies in sectors prohibited for FDI can issue bonus shares to existing foreign shareholders, provid...
08 Apr, 2025, 02.40 PM IST
Govt looking at procedural easing to further promote FDI: OfficialThe Indian government is considering easing procedures in certain sectors to attract more FDI. Consultations with various stakeholders have...
09 Feb, 2025, 01.11 PM IST
Govt decision to set up 12 industrial cities to boost domestic manufacturing: ExpertsThe Union Cabinet has approved the establishment of 12 new industrial cities across ten states, with an investment of Rs 28,602 crore. This...
28 Aug, 2024, 07.02 PM IST
Indian athletes step up fight against publicity rights violations by brandsIndian Olympic athletes, PR Sreejesh and Manu Bhaker among others, are pursuing legal action against brands for unauthorized use of their n...
12 Aug, 2024, 12.53 AM IST
Sebi amends rule to facilitate ease of doing biz for cos planning IPOsRules mandate at least 20% of promoters’ shares to be locked in for a certain period of time post-listing after an IPO. This relaxation wil...
21 May, 2024, 10.07 PM IST
I-T department issues clarification regarding India-Mauritius tax treatyThe department said that the Protocol pertaining to the amendment is yet to be ratified and notified under Section 90 of the Income-tax Act...
12 Apr, 2024, 09.51 PM IST
National Company Law Tribunal dismisses fintech firm Simpl co-founder’s pleaThe NCLT has dismissed an application filed by Simpl's co-founder, Nityanand Sharma, seeking the dismissal of an Oppression and Mismanageme...
09 Oct, 2023, 10.13 AM IST
Forex spend tax: FAQs awaited on many aspectsWhile Wednesday's decision has provided relief and clarity to several taxpayers, banks and travel agents, there are several aspects on whic...
30 Jun, 2023, 10.50 AM IST
Delisting NCDs: Is the Indian debt capital market prepared?The Securities and Exchange Board of India (Sebi) has released a consultation paper proposing a framework for delisting of Non-Convertible ...
29 Jun, 2023, 04.24 PM IST
Adani fundraise targets retail buyers, allows discount pricingThe Rs 20,000 crore ($2.5 billion) equity sale via the further public offer mechanism, approved Friday, gives the company maximum flexibili...
29 Nov, 2022, 02.04 PM IST
Suzlon Energy's Rs 1,200-crore rights issue oversubscribed by 1.8 timesAccording to the statement, the issue size was 240 crore partly paid-up equity shares for cash, at a price of Rs 5 per rights equity share ...
20 Oct, 2022, 09.00 PM IST
Benguluru-based boutique law firm’s realty, litigation team joins IndusLawDuring the fiscal year March 2021, the combined legal cost of all the companies was about Rs 36,973.75 crore, a marginal decline of 1.67% c...
11 Mar, 2022, 08.48 PM IST
At Rs 1.19 lakh crore in 2021, IPO bounty breaks all past recordsThis is nearly 4.5 times higher than the IPO fundraising in 2020 and almost double that of 2017 which held the record until now for highest...
30 Dec, 2021, 03.38 PM IST
RuleZero raises Rs 10 crore in new roundFounded by Satish Mugulavalli and Srinivas Katta in 2019, RuleZero's platform manages ownership data, automates share issuance processes an...
10 May, 2021, 09.25 AM IST
FDI SOP: Inter-ministerial panel for delayed proposals, strong review mechanism, crisp timelinesInvestors are required to submit 23 documents, of which nine are mandatory instead of 20 earlier, according to the updated Standard Operati...
19 Nov, 2020, 06.54 AM IST
CCI starts probe into pricing of Airline ticketsConfirming the inquiry, a senior official said that the commission has initiated on its own the probe into the pricing of tickets by all ai...
02 Nov, 2018, 07.06 AM IST
CCI probing alleged fixing of airfares, looking at algorithms used by airlinesCompetition Commission is investigating allegations of similar pricing as well as simultaneous increase in ticket prices by the airlines.
01 Nov, 2018, 10.58 PM IST