Jio
Business

Jio IPO Draws ₹2.5 Lakh Crore Investor Interest

By BPN News Desk
Reliance Industries-backed Jio Platforms has reportedly attracted investment interest worth nearly ₹2.5 lakh crore ahead of its initial public offering (IPO), scheduled to open on October 21, 2026. Major sovereign wealth funds, global asset managers, Indian mutual funds and insurance companies are among the institutions seeking allocations in what is expected to become
SEBI
Business Markets

SEBI to Issue New CAS Guidelines Within a Week

By BPN News Desk
India’s markets regulator plans to issue revised guidelines on the closing auction session within about a week, as it reviews concerns over how derivative settlement prices are determined on expiry days. SEBI Reviews Closing Auction Session Rules SEBI Chairman Tuhin Kanta Pandey said the regulator is examining feedback received on proposed changes to the closing […]
GST
Business Finance

AP Chambers Backs GST Council Reforms

By BPN News Desk
The Andhra Pradesh Chambers of Commerce and Industry Federation has welcomed the recommendations of the 57th GST Council meeting, saying the reforms could simplify compliance, ease penalties and improve working capital for businesses, particularly MSMEs. AP Chambers Welcomes GST Compliance Reforms AP Chambers President Potluri Bhaskara Rao said the Council’s
GST
Business Finance

GST Council Approves Major Compliance Reforms

By BPN News Desk
The GST Council has approved a sweeping set of compliance reforms aimed at simplifying registration, speeding up refunds, reducing litigation and limiting intrusive enforcement, while leaving GST rates unchanged. GST Refunds to Become Faster and More Automated The Council has reduced the time allowed for acknowledging refund claims from 15 days to 10 days. If […]
Mukesh Ambani Reliance
Business

Elon Musk Questions Ambani as Starlink India Row Grows

By BPN News Desk
Elon Musk has escalated his criticism over delays to Starlink’s India launch by directly questioning the influence of Reliance Industries chairman Mukesh Ambani, after the Indian government rejected Musk’s earlier allegations that powerful business interests were obstructing the satellite internet service. Musk Questions Ambani’s Influence in India Musk said Starlink had
h1-b
Business

US Suspends 8 Tech Firms From Green Card Programme

By BPN News Desk
The United States has suspended eight major technology companies, including TCS, Infosys, Wipro and Microsoft, from the Permanent Labor Certification programme, a crucial stage in the employment-based green card process. Eight Tech Companies Suspended From PERM The companies affected are Microsoft, Adobe, Cognizant, Infosys, Tata Consultancy Services, Wipro, HCL
GST
Business Finance

GST Council Eyes Decriminalisation, GCC Relief

By BPN News Desk
The GST Council is set to consider a wide-ranging package of process reforms at its October 8 meeting, including possible decriminalisation of GST offences, relief for global capability centres and simpler rules for refunds, registration and input tax credit. GST Council May Review Arrest Powers One of the major proposals under consideration is removal of […]