When a café becomes a closet and dinner becomes an experience

Avaada Ventures plans to raise funds through NCDs and external borrowing. The company will issue rupee-denominated debentures and secure foreign currency loans. These funds will primarily refinance existing liabilities and meet corporate needs. Proceeds will pay Brookfield investment and retire outstanding commercial paper. Avaada aims to complete a monetisation event within eighteen months.

As long as it proves to be economically feasible, India should persist in acquiring Russian crude oil. A new Senate bill from the US threatens to impose significant tariffs on countries engaging in Russian energy purchases. Being one of the leading buyers, India might suffer trade penalties. This leads to a critical choice between accessing…

Mumbai ITAT has ruled that genuine F&O and commodity trading profits cannot be treated as bogus accommodation entries without specific evidence. The decision stresses independent verification by tax officers and offers important clarity for retail traders facing reassessment.