Bank unions defer June 27 strike as IBA agrees to initiate talks

Bank unions on Thursday deferred their proposed June 27 strike as Indian Banks’ Association (IBA) agreed to initiate negotiation talks on their demands. The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, including All India Bank Officers’ Confederation (AIBOC), All India Bank Employees Association … Read more

GST Council may defer decision on taxing crypto assets in June 28-29 meet

The Goods and Services Tax (GST) Council is unlikely to take a call on taxing virtual digital assets (VDA) or crypto assets in its upcoming meeting and may ask two states, Haryana and Karnataka, to study the nature and taxability of various activities in the crypto ecosystem. The Council is set to … Read more

Sebi: Sebi won’t defer stricter norms for anchor investors

Mumbai: The board of the Securities and Exchange Board of India (Sebi) at a meeting held late last month did not approve a proposal to defer the implementation of tighter anchor investor norms for large initial public offerings (IPOs). The matter was discussed by the board at its latest meeting on March 29 where it … Read more