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FINANCIAL MANAGEMENT IN LITIGATION
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...- Sebi eases winding-up norms for AIFs, introduces 'inoperative fund' frameworkSebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life unde...
- Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
- Expired dates? Young Indians face dating burnout despite spending more on finding loveAmid the bustling life of young urban Indians, an ironic trend emerges: individuals thriving in their careers are still finding themselves ...
- 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...
- Jamie Dimon to pitch JPMorgan’s ultra-rich clients on SpaceX IPOJPMorgan Chase CEO Jamie Dimon will discuss the upcoming SpaceX initial public offering with thousands of the bank's wealthy clients. This ...
- Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
- Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records showMeta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier set...
- India Inc deepens AI adoption to stay ahead of legal curveMajor Indian corporations are swiftly integrating artificial intelligence into their legal departments. This approach is enhancing the effi...
- Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
- Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
- The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
- Guwahati ring road faces wildlife scrutiny after HC interventionThe Gauhati High Court has mandated an ecological impact study for the Amchang Wildlife Sanctuary. This study by the Wildlife Institute of ...
- Joint vs mutual Will: What Indian couples should know before planning the succession of their estateJoint and mutual Wills, while legally recognized in India, present significant complexities and potential for disputes. Experts highlight t...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- Manager fired for missing shifts he once scheduled; now text from an employee he hired in California reveals the termination was about something else entirelyA California restaurant manager who was fired for allegedly showing up late to shifts he scheduled himself says old employee text messages ...
- Govt notifies sports board, tribunal rules to overhaul governance and speed up disputesIndia's sports governance is set for a major overhaul. The Union government has notified new rules for a National Sports Board and a Nation...
- How to manage the rupee while protecting growthFirst, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. ...
- Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
- Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...
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