According to the GoDaddy global entrepreneurship survey, 94% of small business owners in India believe implementing AI would yield positive outcomes, primarily enhancing customer…
21/05/20241 min read
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According to the GoDaddy global entrepreneurship survey, 94% of small business owners in India believe implementing AI would yield positive outcomes, primarily enhancing customer…
Rajesh Sharma, MD & CEO of Capri Global, highlights the growth opportunities for MSMEs amid India's expanding infrastructure, such as highways and railways. He notes that MSMEs…
Southeast Asian countries like Cambodia, Myanmar, and Laos have become major hotspots for cybercrimes, with nearly 48% of financial frauds in India originating from these regions,…
SEBI's new guidelines aim to mitigate stock price impacts from market rumours, ensuring that prices used in M&A, buybacks, and other transactions are not artificially influenced…
The Reserve Bank of India's central board met and decided to transfer a record surplus of Rs 2.11 trillion to the government for the fiscal year 2023-24 FY24 , more than double…
The Delhi High Court will hear Tesla Inc's trademark infringement case against Gurugram-based Tesla Power India Pvt Ltd on May 28. Initially scheduled for a hearing on Wednesday…
Mahindra & Mahindra Financial Services has secured a Corporate Agency License from IRDAI, allowing it to serve as a corporate agent under the Insurance Act, 1938. This license…
Shriram General Insurance Company Ltd announced a net profit of Rs 121 crore for the January-March 2024 quarter. The company, jointly owned by Shriram Group and South Africa-based…
The Insurance Regulatory and Development Authority of India IRDAI has mandated insurance companies to obtain prior approval for appointing their Board Chairperson, effective…
The NCLAT Delhi, comprising Justice Ashok Bhushan, Mr. Barun Mitra, and Mr. Arun Baroka, upheld the initiation of Corporate Insolvency Resolution Process CIRP against Topaki Media…
The Insolvency and Bankruptcy Code IBC 2016 and the Prevention of Money Laundering Act PMLA 2002 operate in distinct domains yet intersect in complex ways, leading to legal…
The Delhi ITAT deleted an addition made under Section 68 of the Income Tax Act concerning an unsecured loan obtained by the Assessee from a firm for investment in a company,…
Chief Commissioner of Income Tax in Madurai, Sanjay Rai, revealed that out of the 10 to 12 lakhs PAN card holders in the city, only 45% pay taxes, highlighting a disparity between…
The Delhi ITAT ruled that receipts by a Canadian company for providing software services to Indian oil companies are not taxable in India as business profits, due to the absence…
The Madras High Court clarified that Section 65 of the Central Goods and Services Tax CGST Act, 2017 does not necessitate an audit report to demonstrate 'Fraud or Misstatement or…
Karnataka's IT/BT Minister Priyank Kharge criticized the NDA regime, accusing it of neglecting the concerns of startups, entrepreneurs, venture capitalists, and industry leaders.…
The government is taking steps to rectify the issue of inverted duty structure affecting various products, impacting manufacturing competitiveness. Identified items include…
Retirement marks a transformative phase in life, offering the opportunity to pursue long-held dreams and passions beyond the constraints of a traditional work routine. In India,…
The Karnataka High Court ruled that the wife of an original allottee becomes the absolute owner of the property if the allottee dies before registration and the property is later…
The Indian government is gearing up to carve its own path in the realm of artificial intelligence AI by initiating the development of a bespoke foundational model tailored to the…
The Employees' Provident Fund Organisation EPFO has introduced concessions to facilitate the processing of claims for deceased members whose Aadhaar details are not linked to…
In a recent ruling, the Supreme Court clarified that under the Benami Transactions Prohibition Act 1988, a person claiming ownership of a Benami property cannot file civil or…
The Jharkhand High Court, under the bench of Justice Sanjay Kumar Dwivedi, ruled that the presence of an arbitration clause does not automatically preclude criminal proceedings.…
The Delhi High Court has found Uday Pal Singh guilty of criminal contempt after he posted a video on social media alleging that the judges of the court were involved in "illegal…
The Central government has officially appointed Justice R Mahadevan as the Acting Chief Justice of the Madras High Court, effective upon the retirement of Chief Justice SV…
In a recent ruling regarding the Benami Act, the Supreme Court determined that individuals claiming ownership of benami properties cannot initiate civil or criminal proceedings…
The Central government has officially appointed Justice Sheel Nagu as the Acting Chief Justice of the Madhya Pradesh High Court. This designation comes as Chief Justice Ravi…
The Jammu and Kashmir and Ladakh High Court, in a significant ruling, expanded the concept of a "necessary party" in writ petitions, emphasizing its broader application compared…
Airtel Payments Bank announced a substantial 60% surge in its annual net profit, reaching Rs 35 crore, accompanied by a notable 42% increase in revenue, totaling Rs 1,836 crore.…
Intellect Design Arena has introduced the Intellect Digital Core IDC specifically designed for Cooperative Banks in the Indian market. This cutting-edge banking technology…
In August 2023, an Expert Committee led by S K Mohanty, former whole-time member of SEBI, was established to review the regulatory framework for merchant bankers. The Committee's…
ESAF Small Finance Bank SFB is considering a transition into a universal bank, announced by Paul Thomas, the managing director and chief executive officer of the bank. This…
Arbitration has emerged as a promising solution for litigants struggling with the overwhelmed Indian courts. Ad Hoc Arbitration and Institutional Arbitration are widely used to…
Imports of paper and paperboard in India surged by 34 percent to 19.3 lakh tonnes in 2023-24, largely driven by increased shipments from ASEAN countries, according to the Indian…
The Central Board of the Reserve Bank of India RBI approved the transfer of Rs 2.1 trillion Rs 2,10,874 crore as surplus to the central government for the 2023-24 accounting year.…
The State Bank of India SBI has declined to disclose the standard operating procedures SOPs for the sale and redemption of electoral bonds, citing "commercial confidence" and…
In Jharkhand, the ruling coalition led by the Jharkhand Mukti Morcha JMM is banking on tribal sympathy in response to former Chief Minister Hemant Soren’s arrest, hoping it will…
Surjitt Singh, Principal Officer & Fund Manager at PGIM India PMS, shares insights on whether it is an opportune time to bottom fish in IT and banking stocks. Singh notes that…
Domestic stocks ended almost flat today, recovering from early losses. The S&P BSE Sensex declined marginally by 52.63 points 0.07% to 73,953.31, while the Nifty 50 gained 27.05…
The Institute of Chartered Accountants of India ICAI has found Chartered Accountant CA Parameswari D. guilty of professional misconduct following a complaint filed by the…
City Union Bank, a private sector bank based in Tamil Nadu, anticipates significant growth in income from its insurance sector this financial year, according to Chairman and…
Mahindra & Mahindra Financial Services has announced the appointment of Mahesh Rajaraman as Chief Risk Officer CRO effective August 1, 2024, following the resignation of current…
The Financial Services Institutions Bureau FSIB , responsible for selecting directors for state-owned banks and financial institutions, has unexpectedly postponed the scheduled…
Tata Consultancy Services TCS , India's leading IT services company, has introduced a responsible artificial intelligence AI framework and toolkit for customers and cloud partners…
India's renewable energy capacity saw modest growth in FY24, adding just over 18GW, falling short of the ambitious 500GW target by 2030. A study by IEEFA and JMK Research…
Telecom operators, in collaboration with technology partners, are set to implement new solutions to curb pesky calls and text messages, building on the success of a…
Amazon is facing two new lawsuits in the US. Arizona's Attorney General Kris Mayes accuses the e-commerce giant of deceptive practices, alleging violations of the state's Consumer…
Human rights lawyer Amal Clooney, along with a panel of legal and academic experts, contributed to the International Criminal Court's decision to seek arrest warrants for Israeli…
The GST implications surrounding financial assurances provided by group entities to banking and financial institutions, such as corporate guarantees, letters of comfort, sponsor…
Kotak Institutional Equities has issued a warning regarding the unsustainable valuations of numerous Indian companies, citing concerns about excessively high stock prices. The…
According to the GoDaddy global entrepreneurship survey, 94% of small business owners in India believe implementing AI would yield positive outcomes, primarily enhancing customer…
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