BharatPe CEO Suhail Sameer quits
BharatPe’s chief executive Suhail Sameer, who had a fall out with ousted co-founder Ashneer Grover, has stepped down, sending the company scouting for succession planning. […]
Day: January 3, 2023
Sebi returns Oyo’s draft IPO papers; asks to refile with updates
Capital markets regulator Sebi has asked Oravel Stays Ltd, the parent company of travel-tech firm Oyo, to refile the draft IPO papers with certain updates. […]
PSUs to remain exempt from public shareholding norms: Report
State-run companies will continue to be exempt from the minimum public shareholding (MPS) norm that requires listed companies to maintain a 25% public shareholding, a […]
India raises windfall tax on crude, diesel, aviation fuel
India has raised its windfall tax on petroleum, crude oil and aviation turbine fuel, according to a government order dated January 2. It raised the […]
Investors stock up on SMEs, make big bucks
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Dine-ins face 5% GST, not ready items
The Gujarat bench of GST Authority for Advance Rulings (AAR) held in a recent ruling that a 5% rate is applicable for dining in, takeaways […]
Cash in circulation up 83% since note ban
The note ban did not have any discernible impact on currency in circulation in the country, which has risen almost 83% since, shows RBI data. […]
Government: Treat online money game companies on par with social media firms
The government on Monday suggested that firms running online money games should be treated on a par with social media companies in terms of regulatory […]