Big six audit firms maintain firm grip on India Inc as mandatory rotation looms

The top 10 audit firms collectively accounted for 803 company audits, or 39% of the NSE-listed universe. However, the market remains highly fragmented...

JSW Steel-BPSL SC order unprecedented, takes IBC into uncharted territory: Experts

Experts are more concerned about the timing of the order that has asked for the liquidation of BPSL - five years after the plan was approved by the NC...

MCA orders probe into Gensol, BluSmart for corporate governance violations

At the centre of the controversy is the alleged misutilisation of term loans availed by Gensol Engineering from state-run Indian Renewable Energy Deve...

Startups post strong hiring growth in April, seasoned professionals in demand

Hiring by Indian startups surged 32% in April, driven by a strategic shift towards innovation-led scaling and sustainable growth. Companies are increa...

Finance minister Sitharaman urges ADB to stop funding terror-backer Pakistan

According to sources, Sitharaman made similar pitch during her bilateral meeting with Italian Finance Minister Giancarlo Giorgetti. Italy is the chair...

Audit laws to keep them on their toes

The Supreme Court has directed a review of the Consumer Protection Act, highlighting the critical need for regular performance audits of laws. This di...

'Emerging technologies are redefining ESG reporting'

With ESG compliance gaining traction, technology emerges as a vital tool for streamlined sustainability reporting. SEBI's BRSR mandate pushes Indian c...

Japan's financial powerhouse SMBC moves a step closer to taking control of Yes Bank

Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to acquire a significant stake in Yes Bank, potentially triggering an open offer for an...

Donald Trump hints at some trade deals as early as this week, sparking hopes for India

US President Donald Trump hinted at possible trade agreements with nations as early as this week to sidestep higher US import taxes. Discussions are o...

US Federal Reserve likely to defy President Trump, keep rates unchanged this week

Despite pressure from President Trump to cut interest rates, the Federal Reserve is expected to hold steady, influenced by concerns over inflation and...

RBI may effect cumulative rate cut of 125-150 bps in FY26, says SBI study

Reserve Bank of India might slash key interest rates by 125-150 basis points. This action is expected due to low inflation. State Bank of India sugges...

Nitin Kalani to serve as new Group CFO of Dhoot Transmission Group

Dhoot Transmission Group, a manufacturer of automotive components, today announced that it has appointed Nitin Kalani as its Group Chief Financial Off...

Sebi mandates cooling-off period for directors at market infrastructure institutions

The Securities and Exchange Board of India has reinforced governance rules for market infrastructure entities. These include stock exchanges, clearing...

Parliamentary panel seeks info on digital markets competition from CCI, MCA

Among other topics, the sources said the committee has asked about whether the ongoing India-US bilateral trade negotiations has any bearing on the pr...

RBI goes slow in bringing back home gold from overseas vaults

The Reserve Bank of India repatriated a small amount of gold. It brought back 1.53 tonnes between September 2024 and March 2025. This is significantly...

Online gaming equals gambling, taxable at 28% GST: Centre tells Supreme Court

The Supreme Court is hearing arguments regarding the taxability of online gaming, with the DGGI asserting that the stakes involved constitute betting ...

Compensation for oil companies if changes in law shave off $5 mn in earnings a year

This move aims to boost investment in exploration. The rules follow amendments to the Oilfields Act.

Bain Capital seeks CCI nod to acquire stake in Manappuram Finance

Bain Capital is seeking CCI approval to acquire a significant stake in Manappuram Finance through a multi-layered deal involving its affiliates. The t...