Snippets

Myntra, owned by Flipkart, is expanding its rapid delivery service M-Now as a key growth area, new head Sharon Pais told ET. Despite leadership changes, the company will continue focusing on quick com

Gym operator Basic-Fit has experienced a significant data breach. Around one million members' personal information, including bank account details, has been compromised. The company detected the unaut

The circular addresses mandatory certification requirements for Social Impact Assessors under ICDR Regulations. SEBI requires NISM Series XXIII certification, reinforcing regulatory compliance and inv

The advisory clarifies that Section 8 companies are prohibited from direct strike-off using Form STK-2. It highlights that closure must follow prescribed legal routes to safeguard charitable assets an

The case clarifies that MSME-1 filing is triggered when payments to MSME suppliers exceed the 45-day limit. It emphasizes that even a single delay requires disclosure of outstanding dues and reasons.

The Tribunal held that the Indian entity was only a distributor and not a technology or content owner. It rejected the Revenue’s attempt to recharacterise the business and apply royalty-based valuatio

RBI plans to ease registration norms for low-risk NBFCs to reduce compliance burden. The move aims to encourage innovation while maintaining financial stability through targeted regulation. The post R

Recent ROC orders confirm that failure to file MSME Form 1 is no longer treated as a minor lapse. Non-filing leads to adjudication proceedings, with penalties imposed on both companies and directors.

The scheme allows companies to clear pending filings by paying only 10% of additional fees. It offers a limited-time relief to reduce compliance burden and avoid penalties. The post CCFS-2026: A One-T

Over the last few years, a robust conversation has been brewing about the effectiveness of performance share units (PSUs) and whether shareholders would be better served by alternative equity approach