BUSINESS
Companies, suppliers examine Force Majeure as India-Pakistan tensions escalate
Companies are ascertaining which part of their supply chain could be impacted and how Force Majeure is worded in the contracts related to high risk supply chain
BUSINESS
Companies issue safety advisories, ask employees to work remotely wherever possible
Manufacturers who have plants in Punjab, Rajasthan and Gujarat, which border Pakistan, have issued detailed dos and don’ts and also advised factory managers to follow the security protocol
BUSINESS
Legacy FPIs in Bajaj Finance staring at possible tax shock over bonus shares
The tax impact of FPIs arises from the capital gains tax rules and grandfathering provision, introduced in 2018, that brought back long-term capital gains (LTCG) tax on listed equities.
BUSINESS
Wall Street firm Jane Street faces NSE probe for certain F&O trades
The issue involves certain trades where the firm reversed its trading position in a very short span of time
BUSINESS
India’s big tech to find it more expensive to settle CCI cases
CBDT ends tax rebate on settlement fee paid by companies for violation of CCI and SEBI rules. The settlement amount will now be taxed at 25.17% for corporates, say experts
BUSINESS
Hero Motocorp to relinquish special rights in Ather following IPO
Hero Motocorp is a key investor in Ather with 37.2% stake and currently has special privileges including information rights
BUSINESS
Indian exporters face compliance challenges with RoDTEP annual filing
The annual returns require details like duties paid on transport of the goods along with duties paid on electricity while manufacturing the product which are difficult to provide, say market experts.
BUSINESS
Discount practices of FMCG, auto and consumer durable firms face uncertainty due to Coca-Cola GST notice
Earlier this year, GST authorities sent a notice demanding Rs 2,500 crore from Coca-Cola, which has challenged in the demand in the Bombay High Court
BUSINESS
Sebi blocks Elara’s Rs 400 crore SpiceJet warrant conversion, fund moves SAT to challenge order
The regulator has taken a view that Elara India Opportunities Fund was not eligible for the conversion since the FPI lost its license for not complying with Sebi’s beneficial ownership disclosure norms.
BUSINESS
Companies' ESOP proposals face opposition from institutional investors this AGM season
Some of the institutional investors have voted against ESOP proposals of leading companies such as Wipro, Swiggy, and Schneider Electric among others.
BUSINESS
Why the US govt is unhappy with India’s intellectual property regime
The US companies hold most number of patents and trademarks in India with companies like Qualcomm, Apple and Google owning hundreds of patents.
BUSINESS
US red flags India’s import quality control norms as 'burdensome'
Several exporters, including the US, South Korea and Vietnam, are already facing challenges due to India’s quality control norms
BUSINESS
Appeals against SEBI orders in SAT surges 50% in 2024
Total pending cases in SAT stood at 1,121 in 2024 against 736 in 2023 and 842 in 2022
BUSINESS
IFSC GIFT City sees aircraft and engine leasing rise 31% on year in 2024, better times may be ahead
Officials expect atleast 100 new aircraft or engines to be leased from GIFT City in 2025. Lessors feel that for GIFT City to become a global hub, an ecosystem conducive to the leasing business, including a repair and maintenance unit, needs to be set up.
BUSINESS
Overseas investments by Indian firms grow 40% in FY25 to $36 billion amid Trump tariff storm
The United States ranks as the second-highest recipient of Indian corporate fund flows after Singapore
BUSINESS
Sebi’s relaxation of FPI disclosure rules likely to drive inflows but also increase market volatility
Sebi has doubled the threshold for granular beneficial ownership disclosures from Rs 25,000 crore to Rs 50,000 crore, a move expected to boost P-note issuances and attract offshore capital. While this may enhance liquidity, analysts warn that increased speculative trading could lead to heightened volatility
BUSINESS
Why large advertising firms and broadcasters are facing CCI probe
Informants complained to CCI that large ad firms were getting special treatment from broadcasters
BUSINESS
Leading global traders resist Sebi’s plan to measure risk in derivatives, raise ‘price manipulation’ fears
Prominent global trader lobby group Futures Industry Association (FIA) has said that Sebi's new measures would dampen liquidity and increase trading costs while increasing operational complexity.
BUSINESS
MNCs stare at tax notices over corporate guarantees extended to Indian subsidiaries
The Indian units of MNCs typically pay their foreign parents 1-2% of outstanding debt as a fee for such guarantees. The foreign parent companies have been considering this payment as interest and arguing that it should be taxed at a lower rate.
BUSINESS
More trouble for Diageo as CAG points to lapses in liquor quality control in Delhi
In a report on Delhi Liquor policy, CAG has pointed out that Delhi's excise department issued licenses to wholesalers despite compliance lapses.
BUSINESS
US funds have lost 20% of portfolio value in India since September
US funds owned shares worth Rs 26.61 lakh crore as on February 28 compared to Rs 33.3 lakh crore in September 2024
BUSINESS
Foreign funds may be stuck with tax credits with little use as they sell Indian shares
The recent FPI sell off in the market has resulted in incidence of significant capital gains in India, experts say
BUSINESS
FPI sell-off may give a boost to government's capital gains tax collection
Moneycontrol analysis shows that in the recent past, whenever FPIs sold in big amounts, capital gains tax collection has risen
BUSINESS
HNIs rush to consultants over Donald Trump's plan to replace EB-5 visa with 'gold card'
While EB-5 offers permanent residence for a $1.05-million investment, the 'gold card' will likely require a $5-million commitment
