The National Financial Reporting Authority (NFRA) recommends reviewing the valuation methodology for AT-1 bonds every three years to reflect market practices.

NCLAT defers decision on Byju's-BCCI settlement after US creditor alleges 'round-tripping' by Byju's founder. The tribunal seeks clarification on the source of funds.

India's MoS Communications reveals 5 data breaches in FY25 and 2 in FY24. No action taken against service providers due to unestablished causes. Read more.

The Indian Jute Mills Association raised concerns about declining demand for jute bags and other challenges faced by the industry at the 32nd SAC meeting in New Delhi.

Godrej Properties has bought 46 acres of land in Indore for around Rs 200 crore to develop residential plots. The company aims to expand its presence in the plotted development market.

India has reduced the windfall tax on domestically produced crude oil to Rs 4,600 per tonne from Rs 7,000 per tonne, effective August 1. The tax is levied in the form of Special Additional Excise...

The Reserve Bank of India has released draft rules on Aadhar-enabled Payment System (AePS) touchpoint operators to prevent fraud. The rules include due diligence requirements and transaction limits...

Commerce Minister Piyush Goyal outlines steps for India to achieve a USD 55 trillion economy by 2047, including self-sufficiency, technology, stronger currency, and focus on electric vehicles.

Amazon India claims to deliver 50% of Prime member orders within the same day, next day, or faster, fueled by AI and expanding fulfillment centers across the country.

Infrastructure firm Ceigall India has raised Rs 375 crore from anchor investors ahead of its IPO, which opens on August 1. The IPO comprises a fresh issue and an offer for sale.

India has reduced the windfall tax on domestically produced crude oil to Rs 4,600 per tonne from Rs 7,000 per tonne, effective August 1. The tax is levied in the form of Special Additional Excise...

The Reserve Bank of India has released draft rules on Aadhar-enabled Payment System (AePS) touchpoint operators to prevent fraud. The rules include due diligence requirements and transaction limits...

Commerce Minister Piyush Goyal outlines steps for India to achieve a USD 55 trillion economy by 2047, including self-sufficiency, technology, stronger currency, and focus on electric vehicles.

Amazon India claims to deliver 50% of Prime member orders within the same day, next day, or faster, fueled by AI and expanding fulfillment centers across the country.

Infosys has been slapped with a Rs 32,403 crore GST demand notice for services availed from overseas branches. The company disputes the demand, arguing GST is not applicable.