The Committee of Experts (COE), constituted by the Ministry of Corporate Affairs, has given a clean chit to the Big Four audit firms in the case of surrogate practice in India.

Selling of enemy shares will lead to monetisation of movable enemy property lying dormant for decades and the proceeds will be used for development and social welfare programmes

The ministry said certain amendments of \"urgent nature would be required to further strengthen the corporate governance and enforcement framework\".

HSBC executes India's first overseas blockchain payment for Reliance IndustriesBritish bank HSBC has executed India's first financial transaction using blockchain for a deal involving an export by Reliance Industries to an American client. The blockchain-enabled letter of credit transaction was for a shipment from the Mukesh Ambani-led company to US-based Tricon Energy, and helped reduce the time required to process the documents. The statement claimed that the solution is a significant impro...