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Ankiti Bose steps down from Zilingo board, was fired from firm in May

Bose was fired from the Singapore-based B2B e-commerce startup company on May 20 on grounds of financial irregularities

Mauritius-based PEs not to pay additional capital gains tax, says MRA

IVCA had said the move to treat all income from Indian AIFs as dividends would wreak havoc on funds with a presence in Mauritius and investments in India

Food and beverage firm PepsiCo India hands over ad duties to Leo Burnett

This came after a multi-agency pitch, which saw Leo Burnett winning the mandate

Irdai and NHA to develop National Health Claims Exchange to settle claims

Based on a presentation by R S Sharma, CEO of NHA, chairman of Irdai Debasish Panda, has proposed creation of a working group with representation from the industry

Sebi imposes fine of Rs 36 lakh on PGIM Asset Management and its CEO

The new DDPI system is designed to prevent misuse of client securities by brokers

Markets end the day with tiny losses even as heavyweight RIL tanks 7%

Despite falling for three consecutive sessions, both the Sensex and Nifty added 0.3 per cent for the week, their second straight weekly advance

More upside in ITC stock with some help from stable taxation of cigarettes

Analysts say while valuations of global tobacco peers are back to pre-pandemic levels, ITC still trades at a 24% discount to its Jan 2019 valuation of 25.4x one-year forward EPS

5 years of GST: How far has it lived up to promise of simple tax regime

Goods and Services Tax: Here's a look at the journey so far

Five years of GST: Chidambaram to Sitharaman, the people behind the reform

The benefits of GST will positively ensure it to be 'Good and Simple Tax' for citizens of India, says Prime Minister Narendra Modi on the eve of the GST launch

Sanjiv Mehta appointed as president commissioner of Unilever Indonesia

Sanjiv Mehta will join Unilever Indonesia's board of commissioners and chair it in a non-executive capacity

Captive network a back-door entry to BigTech companies, says COAI

In its guidelines on captive non-public networks, the government has allowed direct allotment of spectrum to enterprises

Health ministry building two 50-bed hospitals for Amarnath Yatra pilgrims

Health professionals, including doctors and paramedics, from 11 states and union territories will be deployed in batches

Sundram Fasteners says it will invest around Rs 400 cr in next 2 years

Government's production linked incentive scheme will be good for the automotive sector, says firm

AquaExchange raises $3 mn from Endiya Partners, Accion Venture Lab

The company will deploy the capital in strengthening its technology, e-commerce operations & expanding its farm automation footprint to over 100,000 acres of farms by the end of FY23

Central banks need stronger communication in turbulent times: RBI governor

Even short-term forecasting has become a challenge due to pandemic, says Shaktikanta Das

Lenders get 57% dues from Imagicaa debt recast, Malpani picks 66.25% stake

Malpani Group acquired the stake by way of preferential allotment of equity shares worth Rs 415 crore.

Actis launches power biz after buying 49% stake in Shapoorji Pallonji unit

Actis announced Bridgin Power following its acquisition of a 49 per cent stake in the Shapoorji Pallonji group's 220-MW combined cycle gas turbine power plant in Bhola region of Bangladesh

Retail tech firm Arzooo raises $70 mn in Series B led by Japan's SBI group

Existing investors Celesta Capital and 3 Lines VC also participated in this round, along with Trifecta Leaders Fund and Tony Xu, the Founder of Doordash

myTVS launches 'super app' offering range of aftermarket car services

The app can be used for car sales and leasing as well; membership costs Rs 4,999 for a three-year subscription

Mumbai, Delhi most expensive cities for expatriates in India: Mercer study

Among the cities, Kolkata has the lowest cost of daily necessities such as milk, breads, vegetables, etc., while Mumbai and New Delhi have the highest costs