BUSINESS
Did IndiGo underplay the impact of FDTL norms in its investor communication?
IndiGo CFO Gaurav Negi, in a earning call on November 4, referred to the revised FDTL regime as a “scaled-down version” of the original proposal and guided only for a “slight uptick” in costs, while CEO Pieter Elbers told analysts that the airline had scaled up its fleet and operational plans to meet peak year-end demand.
BUSINESS
Russian firms queue for Indian market trading licence
Following President Putin’s visit to India, Sberbank on Thursday launched an India-first mutual fund allowing Russian retail investors to access local markets
BUSINESS
Global funds cautious as CCI raps Goldman and Carlyle
Under the new competition rules, any investment, even less than 10%, that comes with access to commercially sensitive information may need notification to CCI.
BUSINESS
Paying tax fine under CBDT 'Nudge' scheme won't erase PMLA, FEMA violations, say legal experts
CBDT announced commencement of second phase of Nudge initiative targeting taxpayers who have undisclosed foreign assets.
BUSINESS
India's retrospective antitrust fines put MAAG giants on edge
The penalties under new formula could be 5-10 times higher than penalties under old formula; Competition Act provides CCI discretion to decide: Experts
BUSINESS
Buying Dubai property on loan? Beware of FEMA violations
Many real estate firms have started to offer financing options for foreign properties, which is not permitted under FEMA rules, say experts
BUSINESS
Indian companies to experience escalation in compliance costs under the new labour codes
Apart from higher contribution towards employee PF, companies also have to spend more on employee health and safety measures, say experts.
BUSINESS
Shifting equations inside Tata Trusts put spotlight on Tata Sons’ future
Tata Sons listing may fundamentally alter the balance of power that has long shaped the governance of Tata Group, say analysts.
BUSINESS
Explained: Who is Sameer Gehlaut and what is the Sammaan Capital case about?
Since the remarks made by the Supreme Court on Wednesday, shares of Sammaan Capital have fallen 15%.
BUSINESS
Big Tech swaps courtroom clashes for quiet deals on Indian anti-trust cases
Protracted litigation and higher penalties are prompting more technology companies to consider settling their anti-trust cases instead of taking judicial appeal route, say experts.
BUSINESS
IHC’s $1-bn acquisition of Sammaan Capital in focus following SC directives: Experts
The Supreme Court on Wednesday ordered the Central Bureau of Investigation (CBI) and Sebi to probe the allegations of irregularities
BUSINESS
Netflix wins key transfer-pricing battle; ITAT sets clear benchmark for MNCs on LRD classification
Verdict expected to bring tax clarity to MNCs operating under the Limited-Risk Distributor model across OTT, fashion, electronics and SaaS sectors
BUSINESS
Appointment of 'politically exposed persons' to PSU boards faces pushback from mutual funds
At least five fund houses have voted against appointing politically connected persons to PSU boards, flagging governance and disclosure concerns. All resolutions got through
BUSINESS
NITI Aayog’s presumptive tax proposal for MNCs to reduce transfer pricing disputes
Permeant Establishment(PE) and transfer pricing disputes have been on the rise in India for MNCs often leading to prolonged litigation.
BUSINESS
Buyback issuances fall 95% in 2025 as government ends tax arbitrage
Shares worth Rs 916 crore have been bought back this year, so far, compared to Rs 13,539 crore in 2024.
BUSINESS
Sebi puts Sterlite Electric IPO on hold over US short seller’s allegations against parent Vedanta
The regulator is currently examining the allegations by Viceroy and has also sought relevant details from the company. The regulator’s website on October 27 showed that Sterlite’s public issuance has been kept in abeyance.
BUSINESS
India’s GCCs emerge as AI-driven hubs powering global retail giants
Once focused on technology and banking, global capability centres in India are now becoming digital command hubs for global retail and consumer goods companies
BUSINESS
More Indians heading abroad for luxury and longer holidays, spending big billions since pandemic
Indians have spent $50 billion on overseas travel in the last 3 years accounting for 55% of total LRS remittances by Indians.
BUSINESS
Writ Petition Filed In Bombay High Court Alleging ₹313-Crore Stamp Duty Shortfall By ArcelorMittal Group
The petitioner claims that the Collector of Stamps (Mumbai) has already issued show-cause notices to the ArcelorMittal Group dated June 10, 2025, and June 19, 2025.
BUSINESS
HNG raises Rs 1,600-crore debt funding from Cereberus, World Bank’s IFC
This marks the Madhvani family's first fundraising effort for HNG Resolution following its acquisition through the Insolvency and Bankruptcy Code process.
BUSINESS
Some AI tools unfairly impacting online prices, shows a CCI report: Can regulators rein in the algorithm?
A report by Competition Commission of India (CCI) on Artificial Intelligence has highlighted how AI tools could be getting used for unethical price manipulation and predatory pricing.
BUSINESS
One person companies rise 20% in a year as formalisation of small Indian entrepreneurs gathers momentum
In the year ending August 31, total number of OPCs went up nearly 20 percent to 71,745 from 60,084 in the previous year
BUSINESS
New foreign fund registrations in India surge, defying broader FPI sell-off
India has added 287 new FPIs this year, so far, even as foreign funds have net sold shares worth Rs 1.5 lakh crore
BUSINESS
Rs 3.8 lakh crore stuck in pending clawback from promoters of bankrupt firms evading recoveries
Official data for FY25 showed that 1,396 avoidance cases, collectively valued at Rs 3.8 lakh crore have been filed across various National Company Law Tribunal (NCLT) benches.
