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STATUTORY INDEMNITY
Sebi proposes allowing depositories to use part of IPF investment income for trust expensesAt present, stock exchanges are permitted to use a maximum of 5 per cent of the interest or income generated from IPF investments for meeti...- Alert for CXOs and Directors: Acting as authorised signatory for a foreign company now requires PAN, address & more details under Income Tax Rules, 2026New Income Tax Rules, 2026 mandate that Indian employees acting as authorised signatories for foreign companies must now provide their PAN,...
- Charitable trusts challenge I-T dept's irrevocability clauseSeveral public charitable trusts have challenged the Income Tax Department’s insistence that trust deeds must explicitly state they are “ir...
- India Inc awaits regulatory clarity on nuclear energy following notification of SHANTI ActFollowing the notification of SHANTI Act, India Inc is awaiting decisive government measures to liberalize the nuclear energy sector for pr...
- Indian-American executive honoured by UN agency, Bahrain Chamber for global maritime leadershipIndian-American maritime executive Dr. SV Anchan received the ACE Global Bridges 2026 Global Maritime Personality For Performance & Leaders...
- Sebi expands scope of unpublished price sensitive informationMarkets regulator Sebi has widened the ambit of the scope of Unpublished Price Sensitive Information (UPSI) by including any proposed fundr...
- Greater transparency: No indemnity clause in NPA sale pact between banks and ARCsHigh-street banks and stressed asset firms in Mumbai adopted a 'model agreement' for selling loans but couldn't agree on 'indemnity'. Lende...
- Banks, ARCs spar over key document, indemnity clauseAsset reconstruction companies (ARCs) in India are facing pressure from large banks to confirm they have no connections with the defaulting...
- Buying a house? Make sure these 7 critical clauses are included in Agreement To SellBuying a property can be any buyer's nightmare. One is expected to be extra cautious as the process is fraught with potential legal hassles...
- DGH overhauls approval processes for oil, gas fieldsIt allows self-certified documents for requirements like bank guarantee to the appointment of auditor and relinquishing an area or a commer...
- SGX Nifty up 55 points; here's what changed for market while you were sleepingAsian share markets opened higher on Monday as investors took heart from rebound rallies on Wall Street, shrugging off concerns over the De...
- AGR woes: Funds from Voda, Infratel-Indus merger may aid VIL's upfront payment, say analystsThe Supreme Court had said that private telecom companies including Bharti Airtel and Vodafone Idea must come out with a "reasonable paymen...
- IRDAI considers allowing life insurers to offer indemnity health insurance plansIndemnity-based health plans are basically those insurance policies where the insured is reimbursed the actual expense incurred during hosp...
- Voda Idea, Airtel losses may widen on provisioningVodafone Idea and Airtel may need to cough up Rs 39,313 cr and Rs 41,507 cr, respectively.
- NIIT Q4 net profit up 18% to Rs 23 croreIts revenue grew 8 per cent to Rs 239.7 crore in the quarter under review from Rs 222.8 crore in the year-ago period, NIIT said in a statem...
- You can buy property at up to 30% discount in auctions: Here's how to do itProperty sold through auctions is cheaper than the prevailing market rate. ET Wealth tells you how to go about it.
- IL&FS to form creditors’ panel to assess duesIt is also looking to appoint a claim adviser at the group level.
- RERA remains a work in progress after one year: ViewWe need a RERA authority monitoring the process of statutory approvals. India ranks a very low 181 out of 189 countries in ease of getting ...
- Cover your professional risks with indemnity insuranceProfessional indemnity insurance indemnifies the insured against financial loss from a claim brought about due to an error in a service.
- Govt can’t take action against ‘defunct’ cosAFTER the scheme to let “defunct” companies get out of government records ends this month, the state won’t be able to penalise many of thos...
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