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The business of running a hospital: Balancing profitability, patient trust and scaleA hospital’s financial health depends on more than occupancy and revenue, requiring a careful balance of cost control, cash flow and patien...- A Rs. 48 crore profit on paper, a Rs. 231 crore loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
- ICAI to issue guidance note on new audit reporting framework for multi-state cooperative societiesICAI is set to release a guidance note on the new audit reporting framework for multi-state cooperative societies. The cooperation ministry...
- SC seeks Centre's response on PIL on transgender rights lawThe Supreme Court has sought the Centre's response regarding a PIL from Women's Declaration International India. This PIL raises concerns o...
- Former TN Minister Anbil Mahesh arrested in Rs 100 cr private schools 'scam'DMK leader Anbil Mahesh Poyyamozhi was arrested following the dismissal of his bail petition by the Madras High Court. The former School Ed...
- Banks seek relief from sustainable lending norms for FCNR(B) loansBanks have approached the International Financial Services Centres Authority regarding sustainable lending targets for international bankin...
- US designates helium as a critical material, citing its importance for semiconductorsThe U.S. remains the largest producer of helium globally, with production primarily from natural gas processing. Helium is crucial for semi...
- Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedingsThe Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying th...
- Agitators shut all gates of Bokaro Steel Plant; production impactedTrained apprentices at Bokaro Steel Plant have blocked all 11 factory gates as part of their protest. This ongoing agitation, which entered...
- ESOP Muddle: 7 ways ESOPs are used to trick accounts, taking minority shareholders for a rideCompanies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at...
- Converts from Hindu can't claim quota on previous status: SCThe Supreme Court ruled that converts from Hinduism cannot claim reservation benefits from their previous caste status. This decision follo...
- UP Panchayat Polls to be held under existing 27% OBC quota: Allahabad HCThe Allahabad High Court has directed the Uttar Pradesh government and the State Election Commission to complete gram panchayat elections w...
- Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI BankFairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...
- ET Prime Special Series: Multibagger or IBC - Part 80: This auto ancillary has assets and cash to expand. Can it find demand?Eighty instalments into our weekly auto ancillary series, one thing is clear: The investment story of a component maker cannot always be un...
- IDBI Bank shares rally 13%, market value swells by Rs 11,460 crore amid muted market. What lies ahead?IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. Th...
- Chewing gum is not an eatable item says Gujarat HC: Bubble gum is not swallowed hence it attracts higher 12.5% tax, rules courtGujarat High Court has ruled that chewing gum cannot be classified as an edible sweet or sweetmeat under state Value Added Tax provisions b...
- GST Council reforms address key industry concerns, focus shifts to implementation, says Dept of Revenue officialDuring the 57th GST Council meeting, significant recommendations were made to address concerns from stakeholders. The government plans to i...
- Govt should prorogue Monsoon session, hold dialogue on delimitation issue: CongressThe Congress party has called for the government to prorogue both houses of Parliament. They emphasized the necessity for an all-party dial...
- The auditor is no longer alone. There’s another intelligence in the roomAuditors are increasingly adopting artificial intelligence to enhance the efficiency and accuracy of audits in India. These technological a...
- Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a yearHDFC Bank has proposed a substantial annual remuneration package of ₹35.9 crore for Anup Bagchi, subject to shareholder approval. This pack...
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