A common way to organize a business, a hierarchical organizational structure enables a vertical framework where every person within the organization, except the one at the top, is a ranked secondarily to another single individual or entity....

In less than six weeks since Finance Minister Nirmala Sitharaman announced major financial sector reforms in the Budget for 2021-22, the Union Cabinet has approved a proposal to amend the Insurance Act, 1938, paving the way for increasing the...

The Securities and Exchange Board of India (Sebi) has put a limit on mutual fund investment in debt with special features, including Additional Tier 1 (AT1) bonds. The regulator said that no mutual funds under all its schemes should own more than...

India’s combined federal and states’ budget gap in the current fiscal year will reach 12.7 percent on increased healthcare spending and a collapse in revenues amid Covid19, according to an analysis by the country’s largest...

Packaged consumer goods companies have either raised prices of products such as detergents, soaps, creams, toothpaste, edible oils and tea or they are planning to do so to offset the rising costs of key raw materials. Rising prices of crude, palm...

The person in charge of monitoring and enforcing enforcement within an organization is known as the Chief Compliance Officer (CCO), they usually report to the Chief Executive Officer and collaborate with external regulatory bodies to keep an...

Reliance Industries Ltd (RIL) has agreed to extend their operational support to Future Retail Ltd to prevent its collapse while its ₹24,713-crore deal to buy the cash-strapped retailer’s assets awaits approval from a company law tribunal,...

The Telecom Regulatory Authority of India (TRAI) temporarily suspended the scrubbing of Short Message Service (SMS) by Telecom Service Providers (TSP) on Tuesday for a period of seven days to enable principal entities to register their messaging...

Projecting next year's growth is set to be a story of two halves, with the low base-effect lifting the growth engine in the first half and a broad-based recovery in the second half, a report on Tuesday said that the higher infrastructure...

Automobile dealers' body FADA on Tuesday said passenger vehicle (PV) retail sales in February has witnessed an increase of 10.59 per cent to 2,54,058 units on account of low base of the last year. According to the Federation of Automobile...