Moneycontrol PRO
Loans
HomeAuthorPavan burugula

Pavan Burugula

Assistant Editor

Moneycontrol

Companies, suppliers examine Force Majeure as India-Pakistan tensions escalate

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

Companies issue safety advisories, ask employees to work remotely wherever possible

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

Legacy FPIs in Bajaj Finance staring at possible tax shock over bonus shares

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.

Wall Street firm Jane Street faces NSE probe for certain F&O trades

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

India’s big tech to find it more expensive to settle CCI cases

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

Hero Motocorp to relinquish special rights in Ather following IPO

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

Indian exporters face compliance challenges with RoDTEP annual filing

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.

Discount practices of FMCG, auto and consumer durable firms face uncertainty due to Coca-Cola GST notice

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

Sebi blocks Elara’s Rs 400 crore SpiceJet warrant conversion, fund moves SAT to challenge order

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.

Companies' ESOP proposals face opposition from institutional investors this AGM season

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.

Why the US govt is unhappy with India’s intellectual property regime

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.

US red flags India’s import quality control norms as 'burdensome'

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

Appeals against SEBI orders in SAT surges 50% in 2024

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

IFSC GIFT City sees aircraft and engine leasing rise 31% on year in 2024, better times may be ahead

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.

Overseas investments by Indian firms grow 40% in FY25 to $36 billion amid Trump tariff storm

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

Sebi’s relaxation of FPI disclosure rules likely to drive inflows but also increase market volatility

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

Why large advertising firms and broadcasters are facing CCI probe

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

Leading global traders resist Sebi’s plan to measure risk in derivatives, raise ‘price manipulation’ fears

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.

MNCs stare at tax notices over corporate guarantees extended to Indian subsidiaries

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.

More trouble for Diageo as CAG points to lapses in liquor quality control in Delhi

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.

US funds have lost 20% of portfolio value in India since September

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

Foreign funds may be stuck with tax credits with little use as they sell Indian shares

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

FPI sell-off may give a boost to government's capital gains tax collection

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

HNIs rush to consultants over Donald Trump's plan to replace EB-5 visa with 'gold card'

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

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347