Top 10 biz headlines: No relief for FPIs, more trouble for TikTok, and more

From super-rich tax to RCom's SIM swap fraud, Business Standard brings you the top headlines that made news on Thursday

FPIs get no relief from FM Nirmala Sitharaman on 'super-rich' tax

The controversial super-rich tax on foreign portfolio investors (FPIs) that are organised as trusts will stay undiluted as Parliament passed the Finance Bill, 2019, on Thursday. Finance Minister Nirmala Sitharaman dismissed the argument of the Opposition that the tax would lead to a flight of FPIs. Read more...

Sebi tightens disclosure framework for listed banks; to address issue of abrupt auditor exits

Sebi said that all listed banks will have to disclose if their additional provisioning for NPAs assessed by RBI exceeds 10 per cent of