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RBI grants approval to Bain Capital for acquiring up to 41.7% stake in Manappuram Finance NEW DELHI: Gold loan financier Manappuram Finance on Saturday said it has received final approval from the Reserve Bank of India (RBI) for the proposed acquisition up to 41.66 per cent of the company’s paid-up equity capital / convertible instruments […]

Tax dispute with Indian authorities: Jane Street moves SC, seeks clarity on ‘legal privilege’ Mumbai: Amid a cold tussle with the Indian tax authorities, the New York trading biggie Jane Street has moved the Supreme Court (SC) on the contentious issue of legal protection relating to certain confidential internal communications. The private quantitative trader, which

SC refuses to pass any order related to Adani Group’s proposed thermal power plant in UP The Supreme Court on Thursday refused to pass any direction against the Adani Group’s proposed thermal power plant in Uttar Pradesh and asked the state and the Central government to file their responses in the matter. A bench of

Lok Sabha clears Industrial Relations Code (Amendment) Bill, 2026 The Lok Sabha on Thursday cleared the Industrial Relations Code (Amendment) Bill, 2026, during the Budget session of Parliment. The bill is expected to prevent any future confusion about the repeal of older labour laws. Union Labour Minister Mansukh Mandaviya introduced the Bill on Wednesday through

AZB, CAM guide Indriya’s INR 2750 cr proposed investment in Aditya Birla Housing Finance AZB & Partners has advised Advent International’s entity Indriya on its INR 2750 crore proposed investment in Aditya Birla Housing Finance. Cyril Amarchand Mangaldas has guided Aditya Birla Capital and its wholly owned subsidiary Aditya Birla Housing Finance on this transaction.

Kunal Vajani Fox & Mandal joint managing partner Kunal Vajani has demitted his office and is now set to start independent domestic and international litigation & ADR practice. Vajani specialises in litigation and arbitration with his practice ranging across a wide spectrum of civil, criminal and company matters. He has also been appointed as an

GEHealthCare South Asia has added Kishore Shetty as general counsel. Before this, Shetty was the general counsel at Schneider Electric. As Schneider Electric’s GC, Shetty headed the legal team for Greater India Zone, overseeing EPC contracts, product contracts, and mergers & acquisitions. He managed corporate secretarial duties, risk assessment, employment matters, and code of conduct

JSA Boardroom Connect kicks off in Delhi on January 13 The governance rulebook is being rewritten in real time. More than 60 percent of Indian companies now view regulatory and enforcement risk as a primary business concern, a figure significantly higher than global averages. Enforcement actions that once took months now unfold in days. When

Zee Entertainment calls proxy firm’s governance report biased Zee Entertainment has termed proxy advisory firm InGovern Research Services‘ call for shareholder activism against the company as biased and devoid of any new issues. The entertainment company, which has been under regulatory glare over corporate governance issues, said the timing of InGovern’s report was suspect as

After Tiger Global ruling, Income Tax dept sends notices to foreign VCs, PE funds Mumbai: Emboldened by the Supreme Court’s decision to deny tax benefits to the US investment firm Tiger Global, India’s tax office has over the last fortnight served notices to at least seven overseas venture capital and private equity houses. The Income