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Canara Bank has classified the loan accounts of Reliance Communications and its subsidiary as “fraud” based on forensic audit findings alleging diversion of Rs. 31,580 crore in bank funds.

Canara Bank Classifies Reliance Communications Loan Accounts as ‘Fraud’ Over Rs 31,580 Cr Loan Findings

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Pankaj Chaudhary has informed that currently the government is not proposing to review the effectiveness of corporate tax granted in recent years.

Govt Not Considering Review of Corporate Tax Cuts, Says Pankaj Chaudhary

The company's spokesperson said that Flipkart conducts detailed reviews every year to evaluate its employees' performance during the year.

Flipkart Asks Around 300 Employees to Exit After Its Annual Performance Review

Public Sector Banks collected Rs 8,092.83 crore in minimum balance penalties from FY 2022‑23 to 2024‑25, says sitharaman.

Rs 8,092 Crore Collected as Minimum Balance Penalties by Public-Sector Banks

This "reverse flip" is advantageous for companies like Flipkart to better align with Indian regulations, increase their valuation, and signal trust in the domestic market.

Flipkart Relocates Domicile to India to Align with Local Regulations and IPO Plans

Finance Minister outlines government actions like controlling food prices and cutting fuel taxes to shield citizens from rising global crude oil prices.

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Canara Bank Classifies Reliance Communications Loan Accounts as ‘Fraud’ Over Rs 31,580 Cr Loan Findings

Govt Not Considering Review of Corporate Tax Cuts, Says Pankaj Chaudhary

Flipkart Asks Around 300 Employees to Exit After Its Annual Performance Review

Rs 8,092 Crore Collected as Minimum Balance Penalties by Public-Sector Banks

Flipkart Relocates Domicile to India to Align with Local Regulations and IPO Plans

FM Nirmala Sitharaman Highlights Government Measures to Shield Citizens from Rising Fuel Costs