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CASH AS LEGAL TENDER INDIA
PVR INOX asks to pay using UPI only; customer sends legal notice for refusing to accept cash paymentsAn Ahmedabad advocate has sent a legal notice to PVR INOX Ltd after its Palladium Mall cinema refused to accept cash for a movie ticket and...
All-out war at Bombay House: Trusts calls Chandra's return 'illegal,' Noel fights to keep Tata Sons unlistedTata Sons' board reappointed its executive chairman, N Chandrasekaran, for five years. This decision faced opposition from Tata Trusts' cha...
Tata Trusts puts Rs 25,000 cr SP Group liquidity plan before Tata Sons boardTata Trusts Chairman Noel Tata presented a proposal to monetize Shapoorji Pallonji Group's Tata Sons stake. This plan aims to generate sign...
RBI cancels licences of 5 NBFCs, 8 others surrender registrationsThe Reserve Bank of India cancelled five NBFC registration certificates on Thursday. Eight other NBFCs surrendered their registrations for ...
Mutual funds cut cash allocation by Rs 8,500 crore in August to Rs 1.82 lakh crore; ICICI Pru MF leads reductionAugust witnessed a significant decrease in cash holdings among mutual funds, with a collective reduction of nearly Rs 8,502 crore across 27...
EPF wage ceiling hike: Lesser take home salary for these employees; know how you will be impactedIn a significant update, the EPFO wage ceiling limit has been modified to Rs 25,000 monthly. This modification will add fifty-one lakh work...
PVR Inox buyback: Last chance to participate in multiplex operator's Rs 300 crore buyback. Should you tender shares?The record date for the buyback was scheduled for September 4. This means only those shareholders who owned shares of the company on that d...
Shriram Finance plans $500 million bond buybackThe company proposes to buy back bonds maturing in April 2027 and April 2028 in an attempt to reduce borrowing costs and the buyback will b...
India Inc seeks legal safeguards as agentic AI raises liability risksWith the growing apprehension surrounding AI safety, Indian businesses are consulting legal experts about the implications of liability lin...
Psychology says people who always keep a lot of cash in their wallets may be seeking more than financial securityPeople may carry cash for very different reasons. For some, it is a practical way to control spending; for others, it provides reassurance ...
Ten ways to thank Trump: Kennedy Center's proposed inscriptions surface in court filing amid legal fight and cash crunchThe Kennedy Center board plans to add President Donald Trump's name to the building. This proposal comes amid a legal battle over the cultu...
US states, cities and counties sue Trump administration over rule that could make green cards harder to getNew York and 21 other states are suing the Trump administration to block a new public charge rule that could make it harder for some immigr...
Valuation question! Why did NSE cut its IPO size and price below unlisted market levels?NSE MD and CEO Ashish Chauhan said the exchange had invited shareholders to tender shares before filing the draft red herring prospectus. H...
NSE IPO: Exchange didn't move an application to trade on its own platform, says CEO Ashish ChauhanNSE CEO Ashish Chauhan said the exchange has not applied to Sebi to trade its own shares on the NSE platform ahead of its IPO. The issue wi...
SEZ Port City Colombo woos tech cos to derisk India opsPort City Colombo is attracting technology companies from India seeking to diversify risks. This special economic zone offers a lower cost ...
PVR Inox's Rs 300 crore buyback opens today: How much return can retail investors expect?Under PVR Inox's buyback offer, eligible shareholders in the reserved category for small shareholders are entitled to tender 9 equity share...
Landlord deposited Rs 14.96 lakh cash during demonetisation, got tax notice: ITAT Bangalore grants reliefLandlord took rent in cash, deposited Rs 14.96 lakh cash during demonitisation period; got Income tax notice, he wins case in ITAT Bangalor...
PVR Inox’s Rs 300-crore buyback opens on Sept 10: Check buyback price, key dates, entitlement ratioPVR Inox’s Rs 300-crore share buyback opens September 10 and closes September 17, offering eligible shareholders Rs 1,450 per share, over 2...
Tata Motors shares in focus as firm launches tender offer for Iveco Group; values company at €3.82 billionTata Motors has launched a voluntary tender offer to acquire all common shares of Iveco Group for €14.1 per share in cash, valuing the Ital...
Govt floats fresh IT tenders at higher pricesGovernment departments are revising IT hardware tenders with higher pricing. Many previous tenders lapsed as brands refused outdated price ...