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Pavan Burugula

Assistant Editor

Moneycontrol

GIFT City regulator seeks simpler tax rules for overseas investments ahead of Budget 2026

BUSINESS

GIFT City regulator seeks simpler tax rules for overseas investments ahead of Budget 2026

The IFSC regulator believes a clear outbound investment tax regime is critical for GIFT City to attract a larger pool of global funds.

One-time settlement plan announced for NSEL victims: Is the offer good enough?

BUSINESS

One-time settlement plan announced for NSEL victims: Is the offer good enough?

63 Moons through NCLT proposed a one-time settlement scheme wherein the promoter would pay out the rest of 5,682 traders a total amount of Rs 1,950 crore

The Rs 1.6 lakh crore trader: How a Gurgaon-based high-frequency firm quietly dominated India’s intraday market in 2025

BUSINESS

The Rs 1.6 lakh crore trader: How a Gurgaon-based high-frequency firm quietly dominated India’s intraday market in 2025

Netweb Technologies emerged as the most traded stock for the firm, with at least 24 intraday purchases during the year. Aegis Logistics, CreditAccess Grameen and Jupiter Wagons were among other counters where it traded frequently, the data showed

Proposed tweaks to India–France tax treaty may further reduce attractiveness of P-notes issued from that country

BUSINESS

Proposed tweaks to India–France tax treaty may further reduce attractiveness of P-notes issued from that country

The role of P-notes in India’s equity markets has diminished over time due to structural changes. The share of participatory notes in India has fallen sharply from over 50 percent of total FPI assets in 2007 to around 1–2 percent in 2024–25 on the back of stricter regulations to curb misuse.

Indian companies seek re-introduction of tax incentives for setting up new manufacturing units in FY27 Budget

BUSINESS

Indian companies seek re-introduction of tax incentives for setting up new manufacturing units in FY27 Budget

The provision, which allowed 15% tax rate for new manufacturing plants, was discontinued by the government in FY25 Budget.

Did IndiGo underplay the impact of FDTL norms in its investor communication?

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.

Russian firms queue for Indian market trading licence

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

Global funds cautious as CCI raps Goldman and Carlyle

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.

Paying tax fine under CBDT 'Nudge' scheme won't erase PMLA, FEMA violations, say legal experts

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.

India's retrospective antitrust fines put MAAG giants on edge

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

Buying Dubai property on loan? Beware of FEMA violations

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

Indian companies to experience escalation in compliance costs under the new labour codes

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.

Shifting equations inside Tata Trusts put spotlight on Tata Sons’ future

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.

Explained: Who is Sameer Gehlaut and what is the Sammaan Capital case about?

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%.

Big Tech swaps courtroom clashes for quiet deals on Indian anti-trust cases

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.

IHC’s $1-bn acquisition of Sammaan Capital in focus following SC directives: 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

Netflix wins key transfer-pricing battle; ITAT sets clear benchmark for MNCs on LRD classification

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

Appointment of 'politically exposed persons' to PSU boards faces pushback from mutual funds

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

NITI Aayog’s presumptive tax proposal for MNCs to reduce transfer pricing disputes

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.

Buyback issuances fall 95% in 2025 as government ends tax arbitrage

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.

Sebi puts Sterlite Electric IPO on hold over US short seller’s allegations against parent Vedanta

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.

India’s GCCs emerge as AI-driven hubs powering global retail giants

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

More Indians heading abroad for luxury and longer holidays, spending big billions since pandemic

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.

Writ Petition Filed In Bombay High Court Alleging ₹313-Crore Stamp Duty Shortfall By ArcelorMittal Group

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.

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