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Nirmala Sitharaman · IndiaGST reforms: 56th GST Council “unanimously” approved the Centre's proposed tax structure rejig with 5 per cent and 18 per cent tiers and 40 per cent special rate, say ministers.See the Story
GST reforms: Now there will be three slabs — 5%, 18% and special slab, say ministers after Council meet
55% Right coverage: 11 sources
Asia · MumbaiIn a significant step, Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing.See the Story
Anil Ambani, RCom's Loan Accounts Declared 'Fraud' By Bank Of Baroda
75% Right coverage: 4 sources
Amazon · IndiaAmazon Expands in India with Major Financial Firm Acquisition E-commerce giant Amazon announced on Thursday that it has finalized the purchase of non-banking financial services company axio, previously known as Capital Float, following the Reserve Bank of India's sanction.The acquisition strengthens Amazon's push into financial services in India, leveraging axio's expertise in digital lending. The two companies have collaborated for over six yea…See the Story
Amazon Expands in India with Major Financial Firm Acquisition
67% Left coverage: 3 sources
