May 3, 2026
Headlines

corporate compliance

TeamLease Faces Rs 184 Crore EPFO Notice Amid Allegations of Financial Mismanagement

TeamLease Faces Rs 184 Crore EPFO Notice Amid Allegations of Financial Mismanagement

Business News Desk03 mins mins

Staffing giant TeamLease Services has received a formal notice from the Employees’ Provident Fund Organisation (EPFO) demanding Rs 184 crore, citing allegations of financial irregularities, including the misappropriation of reserves and reported losses. The notice, issued earlier this week, marks a significant escalation in regulatory scrutiny over the company’s handling of employee provident fund contributions…

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India Inc's Legal Spending Surges Amidst Growing Regulatory and Global Risks

India Inc’s Legal Spending Surges Amidst Growing Regulatory and Global Risks

Business News Desk04 mins mins

Indian corporations are significantly increasing their legal expenditures, with spending projected to reach between ₹69,000 crore and ₹72,000 crore in the fiscal year 2026. This upward trend is fueled by a confluence of factors including increasingly stringent regulations, evolving Environmental, Social, and Governance (ESG) mandates, comprehensive data protection laws, and escalating geopolitical uncertainties. Consequently, businesses…

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