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SEBI’s proposed F&O curbs have raised concerns about risk of increase in dabba trading

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SEBI's proposed F&O curbs and risk of increasing dabba trading

The Securities and Exchange Board of India (SEBI) has recently proposed certain curbs on the derivatives market (F&O) in an attempt to reduce speculative trading and protect retail investors. However, these proposed measures have raised concerns about a potential increase in dabba trading. Dabba trading is an illegal and unregulated form of trading where trades Read more: SEBI’s proposed F&O curbs have raised concerns about risk of increase in dabba trading..

Karnataka Tax Authorities withdraw GST notice issued to Infosys, NASSCOM comes in Support of Infosys

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Karnataka Tax Authorities withdraw GST notice issued to Infosys

The Karnataka state tax authorities have withdrawn the pre-show cause notice previously issued to Infosys regarding an alleged ₹32,403 crore GST evasion. NASSCOM comes in support of Infosys, says authorities lack understanding.  The notice, which was sent on July 31st, claimed that Infosys had failed to pay Integrated Goods and Services Tax (IGST) on services Read more: Karnataka Tax Authorities withdraw GST notice issued to Infosys, NASSCOM comes in Support of Infosys..

Hero FinCorp filed DRHP with SEBI for its IPO to raise Rs 3,668 crore

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Hero FinCorp filed DRHP with SEBI for its IPO

Hero FinCorp, the financial services arm of Hero MotoCorp, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for its initial public offering (IPO).   Hero FinCorp filed its Draft Red Herring Prospectus (DRHP) for its IPO, aiming to raise ₹3,668 crore. The IPO will include a fresh issue of ₹2,100 crore and an Read more: Hero FinCorp filed DRHP with SEBI for its IPO to raise Rs 3,668 crore..