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Podcast: Moneylife News Bites
Episode: SEBI or Taxman: Who Polices Brand Fees?
Description: Corporate India is paying thousands of crores every year as ‘brand fees’ and royalties to parent or promoter entities — often without real justification.Sucheta Dalal examines the explosive Vedanta–Hindustan Zinc case, where ₹4,100 crore was siphoned as brand royalty, sparking probes, refunds, and a Supreme Court case. But Vedanta is not alone — from Tata to Mahindra, JSW, Nestlé, Sony, and Jubilant, brand royalties have become a shadow channel for moving cash away from minority shareholders.Will SEBI tighten its rules, or will it be left to the taxman to curb this opaque practice? Watch now to understand...