Ruchika Chitravanshi

House panel seeks curbs on NFRA powers, softer audit rules in Bill

Panel recommends a risk-based approach to restrictions on non-audit services and cooling-off norms, while cautioning against expanding NFRA's powers at the cost of ICAI's autonomy

AI cannot replace auditor judgement, flags automation bias in audits: NFRA

The audit regulator's first technology guidance says AI can support audit quality but cannot substitute professional judgement, scepticism or auditor accountability

IndiGo offers commitments in abuse-of-dominance case; CCI seeks comments

The airline has proposed a crisis management framework, fare safeguards and faster refunds to address concerns raised in the CCI's abuse-of-dominance investigation

CCI rejects antitrust complaint against Jindal Stainless over supply deals

The Competition Commission of India found no evidence that Jindal Stainless abused its dominant position or entered into anti-competitive supply arrangements

Tighten norms on repeat violations, protect MSMEs: House panel to CCI

A parliamentary panel has urged the CCI to periodically review its regulations, improve transparency in penalty calculations and strengthen safeguards for MSMEs and startups

MCA plans unified tech platform for India's insolvency framework

The Ministry of Corporate Affairs has sought stakeholder feedback on a proposed integrated digital platform to streamline insolvency processes and improve transparency under the IBC

CCI rejects complaint against DIAL over airport security service contracts

The competition watchdog found no evidence of abuse of dominance by Delhi International Airport Ltd in awarding security service contracts at Indira Gandhi International Airport

Writ petition in Delhi HC challenges validity of CCI's settlement framework

The petition alleges that the Competition Act settlement regime prevents consumers, informants and other affected parties from questioning CCI settlement orders

Restaurant association urges CCI to stop Zomato from imposing price parity

NRAI says platform shouldn't revive exclusivity clauses

CCI fines HP India and resellers in govt emarketplace cartel case

The Competition Commission of India has imposed Rs 142.37 crore in penalties on HP India and its resellers for bid rigging in GeM tenders while reaffirming that cartel orchestrators can seek leniency

MCA considers global audit norms placing responsibility on group auditors

Official sources said that ICAI has expressed its concerns over the introduction of SA600 to the MCA as well

IBBI proposes recovery clarity for guarantors, tighter valuation norms

Draft changes follow IBC Amendment Act, 2026, and aim to plug gaps in insolvency regulations

IBBI proposes wide-ranging realty reforms with a focus on homebuyers

IBBI has proposed project-wise real estate insolvency reforms to prioritise housing completion, protect homebuyers and reduce liquidations under the IBC

CCI clears pharma firms, trade bodies in 14-year-old antitrust case

The antitrust watchdog rejected its Director General's findings, ruling there was no evidence of anti-competitive agreements involving stockist appointments or new drug launches

Goa is more keen on value tourism than volume tourism: Rohan Khaunte

Khaunte says Goa is keen on attracting high-spending travellers

AI will sharpen business cycles, increase stressed assets, says Sahoo

Former IBBI chief M S Sahoo said AI will make business cycles more frequent and sharp, increasing stressed assets and adding to the insolvency ecosystem's load

CCI orders probe into Mrs India Inc for alleged anti-competitive practices

CCI has ordered a probe into Mrs India Inc over allegations that it imposed unfair, restrictive and exploitative contractual terms on pageant participants

CCI proposes increasing time limit under antitrust commitment mechanism

Competition watchdog seeks to address procedural issues in the commitment framework by extending filing timelines and clarifying application requirements

Decade on, IBC still has miles to go despite stronger framework

A decade after the IBC transformed India's debt recovery framework, mounting delays and falling recoveries are testing the reform's effectiveness

Auditors feel the heat from 'cooling-off Bill' on conflict of interest

A draft Bill proposes ways to check conflict of interest among auditors and their clients