Foreign cos get GST relief on loans to Indian arms

In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have said goods and services tax (GST) will not be imposed on them, subject to some caveats. Illustration: Uttam......

Sebi seeks greater IPO disclosures for faster clearance

In a bid to expedite the processing of initial public offerings (IPOs), the markets regulator will now seek additional information from lead managers (LMs) when they file draft documents.......

Paytm net loss widens to Rs 550 crore in Q4

Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed......

Paytm looks to rationalise employee costs by revising hiring strategy

Changes in its business due to shifts in regulatory stance and the adoption of artificial intelligence have been responsible for fintech major Paytm rationalising its employee cost structure, which......