[ad_1] On Tuesday morning, IIFL Finance shares opened down 20% as investors dumped their shares after the banking regulator issued a statement on Monday evening detailing some rulings. “We want to make it unequivocally clear that there are no ethical or governance issues,” CEO Nirmal Jain said on a call with analysts on Tuesday. “These … Read more
[ad_1] Image credits: MANJUNATH KIRAN / AFP / Getty Images Google has warned that it will begin removing applications in India from its Play Store if developers do not comply with its billing policies, taking a definitive step in an issue that has been going on for three years in what is the company’s largest … Read more
[ad_1] The Enforcement Directorate (ED) has not found any violation of the Foreign Exchange Management Act (FEMA) during the investigation into the transactions of Paytm Payments Bank Limited (PPBL). The Reserve Bank of India (RBI) has the authority to take action against other cases of alleged non-compliance, according to sources familiar with the matter. On … Read more