Page 25 - Ruchika Chitravanshi/1000

CCI's latest merger overhaul may push deal timelines, increase filings

The amendments bring welcome changes like shorter assessment timelines and CCI hearings, but experts believe they may hinder ongoing deals and increase workload

Asian Development Bank projects faster GDP growth for India in coming qtrs

OECD, ADB peg FY25 growth at 6.7% and 7% respectively

No way victim shaming was done: FM Sitharaman on row over EY remark

The finance minister said that she had specifically mentioned that after clearing a demanding and rigorous examination such as CA, the stress on her was unbearable

AI likely to draw up initial list for internship scheme in October

A 'neutral panel' to select a pool of applicants after AI-based shortlisting

Window for pvt entry into CPSEs open; PESB takes steps to widen talent pool

Over the past one year, the PESB has taken steps to expand the talent pool from which it selects candidates

ICAI at loggerheads with NFRA on proposed revision of audit standards

The revised standards hold that the group auditor is ultimately responsible for the audit

Internship Scheme: Govt to list out 500 companies based on CSR spend

Scheme portal to go live by Sep-end

Impact of US Fed rate cut might be muted in India: CEA Nageswaran

The US Federal Open Market Committee on Wednesday voted to cut the federal funds rate target range by 50 basis points to 4.75-5.00 per cent from 5.25-5.50 per cent

CCI can appoint agencies to monitor implementation of its orders

Section 48A and 48B relate to commitment and settlement, respectively. Section 31 refers to orders on mergers and acquisitions

Not paid GST, TDS, and PF dues of Rs 427 crore since 2020: SpiceJet

Airline files for Rs 3K cr QIP to partly clear liabilities

NFRA issues revised audit standards to address deficient quality

Brings out revised SA 600 for public consultations

Facts need to be taken on board: FM Nirmala Sitharaman on Buch row

FM said that Buch, along with her husband, had answered quite a few of the allegations levelled against her by the Congress party and have put forth the facts

Scheme reset may not shake Centre's FY25 fiscal maths, say experts

Allocations may be via supplementary demands for grants

Housing, road, railways lead capex spend in Apr-July period, shows data

Transfers to states for capex also slowed to 12 per cent of the budget estimate for the same period, compared to 24 per cent in the corresponding period last year

Govt, pvt sector should think of mid-term AI consequences: CEA Nageswaran

He said that labour should be treated as a resource and asset since it involves humans with emotions

Digital firms with Rs 500 crore turnover must seek CCI approval for M&As

Any transaction where the "deal value" exceeds Rs 2,000 crore would be notifiable for the CCI's approval, provided that the target entity has "substantial business operations" in India

M&A deal value of over Rs 2,000 crore comes under Competition Act

The government aims to scrutinise mergers that might escape under the traditional "asset" or turnover-based thresholds

Spending lag, capacity issues behind govt's capital expenditure push

The growth slowed to a five-quarter low of 6.7 per cent year-on-year (Y-o-Y) in the April-June quarter

ISA 600 dispute: NFRA, ICAI can find common ground, says official

The senior official said that ICAI is not opposed to implementing the revised ISA 600 but is trying to figure out the path to do so. ICAI would be taking up this issue in its next council meeting

E-gaming, cryptos add little in terms of social value: CEA Nageswaran

The CEA said that imposing these costs on micro, small, and medium enterprises (MSMEs) before they can stand on their own feet would be counterproductive