Major events that shook the corporate world in 2024..!!
Major events that shook the corporate world in 2024..!!
There are only a few hours left for the end of 2024. Next, the year 2025 is about to begin. As each year ends, the events that happen in that year are considered important. In that way, various events have happened this year. It will be interesting to see them all together. In that way, here are the five big things that shook the corporate world as a whole this year. Announcements of company mergers, registered IPOs, policy reforms, regulatory actions, and the gautam adani affair have become a hot topic. Let's see some of the things that shocked investors.
Mergers: Two major mergers took place this year. The merger of air india and Vistara was a major milestone in the aviation industry. Both have a full range of services offered by a single airline. With the addition of Vistara's premium services to the air Global network, there has been a major change in indian aviation. The combination of these two companies has become a tough competition for other companies both domestically and internationally.
RBI's tough measures: The RBI's ban on some of Paytm's services shook the financial markets this year. The RBI had issued orders in february to ban key operations of paytm Payments bank Limited after it was found to be involved in hundreds of crores of transactions between paytm and its banking unit, along with irregularities in money laundering. Stricter controls have also been implemented to ensure compliance with NBFC regulations. Steps have been taken to ensure greater transparency to protect consumer rights. Action has been taken against some non-banking financial institutions. New guidelines have been issued.
Adani: The report released in august this year by SEBI Chairman Madhabi puri Buch, which said that she held shares in the shell companies used in Adani's money laundering case, caused a stir. This caused the market value of adani companies to fall by 6.2 percent or Rs 87,805 crore. But after that, Adani's shares recovered again. A few days ago, a case was registered against adani Group officials in the US, which also had a severe impact. It was recovered a few days later.
Angel tax abolition: The central government has announced that the angel tax will be abolished from this year. This is a big relief for startups. With this reform, foreign capital has become attractive to global investors in indian startups.
There are only a few hours left for the end of 2024. Next, the year 2025 is about to begin. As each year ends, the events that happen in that year are considered important. In that way, various events have happened this year. It will be interesting to see them all together. In that way, here are the five big things that shook the corporate world as a whole this year. Announcements of company mergers, registered IPOs, policy reforms, regulatory actions, and the gautam adani affair have become a hot topic. Let's see some of the things that shocked investors.
Mergers: Two major mergers took place this year. The merger of air india and Vistara was a major milestone in the aviation industry. Both have a full range of services offered by a single airline. With the addition of Vistara's premium services to the air Global network, there has been a major change in indian aviation. The combination of these two companies has become a tough competition for other companies both domestically and internationally.
RBI's tough measures: The RBI's ban on some of Paytm's services shook the financial markets this year. The RBI had issued orders in february to ban key operations of paytm Payments bank Limited after it was found to be involved in hundreds of crores of transactions between paytm and its banking unit, along with irregularities in money laundering. Stricter controls have also been implemented to ensure compliance with NBFC regulations. Steps have been taken to ensure greater transparency to protect consumer rights. Action has been taken against some non-banking financial institutions. New guidelines have been issued.
Adani: The report released in august this year by SEBI Chairman Madhabi puri Buch, which said that she held shares in the shell companies used in Adani's money laundering case, caused a stir. This caused the market value of adani companies to fall by 6.2 percent or Rs 87,805 crore. But after that, Adani's shares recovered again. A few days ago, a case was registered against adani Group officials in the US, which also had a severe impact. It was recovered a few days later.
Angel tax abolition: The central government has announced that the angel tax will be abolished from this year. This is a big relief for startups. With this reform, foreign capital has become attractive to global investors in indian startups.