Top 10 biz headlines: IGE may back Gangwal, income mismatch probe, and more

From Shriram Capital's consolidated profit to IT firms, here are the top 10 business headlines for the day

Rahul Bhatia-owned IGE may back Rakesh Gangwal on exit norm relaxation

Rahul Bhatia-owned InterGlobe Enterprises (IGE) is likely to vote in favour of the resolutions proposed by co-promoter Rakesh Gangwal, at the extraordinary general meeting (EGM) on IndiGo on January 29. Support from Bhatia, who owns around 38 per cent in the company, is crucial for the resolutions to pass because they require 75 per cent of shareholder support. Read more.

Income mismatch probe: 5,000 companies under tax department lens

About 5,000 mid- and small-sized companies have come under the gaze of tax authorities for alleged income discrepancies and mismatches