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Anti-abuse provisions should not be used in receipt of capital from credible investors: Experts

The tax department has issued show-cause notices to several startups in connection with the share premium money received by them a couple of years ago, says Punit Shah, Partner, Dhruva Advisors."Tax department has asked for the details of the .

Rebel Foods backer Alteria Capital closes third venture debt fund at $186 mn

Aakash Chaudhry won t return to Byju s; Alteria s Rs 1,550 crore Fund-III

Happy Thursday! Talks between Aakash Institute promoters and Byjus on Aakash Chaudhrys return to helm the coaching firm have failed. Details on this and more in todays ETtech Morning Dispatch.

RBI s hand behind today s rally in banks, other financial stocks

The Reserve Bank s December circular prohibiting regulated entities such as NBFCs from investing in AIFs having downstream investments either directly or indirectly in a debtor company of the entities had stressed investors. The rules also required entities to liquidate their investment within 30 days from the date of downstream investment or make 100% provision.

Alteria Capital announces final close of fund III at Rs 1,550 crore

Alteria Capital announces final close of fund III at Rs 1,550 crore
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