Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/promoters-willing-to-infuse-funds-into-mcnally-bharat-md/articleshow/82076863.cmsSynopsis McNally Bharat is among a long list of construction companies to face the prospect of bankruptcy. However, finding buyers for such companies has
Aircel lenders, UVARCL to move Supreme Court as NCLAT bars spectrum sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/aircel-lenders-uvarcl-to-move-sc-as-nclat-bars-spectrum-sale/articleshow/82075912.cmsSynopsis The NCLAT has backed DoT’s stance that spectrum is a national asset that cannot be transferred to a third party, unless statutory dues
Uncertainties with rising Covid cases could compound NBFCs woes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/icra-uncertainties-with-rising-covid-cases-could-compound-nbfcs-woes/article34317673.ece ‘Asset quality pressures would play out fully this fiscal as the level of economic activities are yet to pick up’ The resurgence of
What’s behind G-SAP 1.0 – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/whats-behind-g-sap-10/article34319824.ece With the new Government Securities Acquisition Programme, the RBI has announced an advance calendar for purchasing G-secs. It hopes that with this purchase,
Apollo Tyres enters truck, bus tyre market in North America – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/apollo-tyres-enters-truck-bus-tyre-market-in-in-north-america/article34316958.ece Apollo’s North American range of truck-bus tyres will be produced at its manufacturing units in Hungary and Chennai Following the launch of its
Change in tax structure prompted India Inc to favour buybacks again in FY21 | Business Standard News
https://www.business-standard.com/article/companies/change-in-tax-structure-prompted-india-inc-to-favour-buybacks-again-in-fy21-121041400874_1.html In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous
SEBI may question Franklin MF on ‘missing’ ₹304 cr – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/stock-markets/sebi-may-question-franklin-mf-on-missing-304-cr/article34320470.ece Regulator already probing fund house for alleged fraud, unfair trade practices
Legality versus morality | Business Standard Column
Law and morality are often not aligned. Apart from regulations, we must consider the difficult perspective of character versus morality by exploring “behavioural corporate governance”
Autos to electronic goods and home appliances, industry looking at an awful April – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/autos-to-acs-industry-looking-at-an-awful-april/articleshow/82075260.cmsSynopsis Impact on supplies of cars, two-wheelers, ACs, refrigerators and washing machines may show up as early as next week and supply challenges can
Zomato converts into public company from private limited co ahead of IPO – The Financial Express
Clipped from: https://www.financialexpress.com/market/ipo-news/zomato-converts-into-public-company-from-private-limited-co-ahead-of-ipo/2233208/ The name of the company has been changed to Zomato Limited from Zomato Private Limited, the filings showed. The company has been on
Related Party Transactions – Section 188 of Companies Act, 2013–TAX GURU
Clipped from: https://taxguru.in/company-law/related-party-transaction-sections-188-companies-act-2013.html How to Identify whether the proposed transaction is a Related Party Transaction u/s 188 of Companies Act, 2013 or not? 1st Stage (Preliminary
Extension of time barring assessments –taxscan
Clipped from: https://www.taxscan.in/cbdt-extends-time-barring-assessments-to-30th-april-2021-and-penalty-to-29th-june-2021-read-notification/102878/ By Taxscan Team – On March 1, 2021 11:01 am The Central Board of Direct Taxes (CBDT) notifies CBDT notifies Extension of time barring Assessments to 30th April
How to E-File Your Income Tax Return (ITR)–tax guru
Clipped from: https://taxguru.in/income-tax/e-file-income-tax-return-itr.html THE PROCESS OF ELECTRONICALLY FILING INCOME TAX RETURN THROUGH THE INTERNET IS KNOWN AS e-FILING. WHO CAN e-FILE? -Individual -HUF -Company/BOI/A0P/Firm/Trust/Local authority/Artificial juridical
Time Limit Reduced for Re-opening Income Tax Proceedings proposed in Budget 2021 | CA Club
Clipped from: https://www.caclub.in/time-limit-reduced-for-re-opening-income-tax-proceedings/ Reduction in Time Limit has been proposed in Budget 2021 for Re-opening of Income Tax Proceedings within 3 years, as against existing limit
India Exports Trade: In slow lane: India’s exports are stuck in the $300 billion range for about a decade – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/in-slow-lane-indias-exports-are-stuck-in-the-300-billion-range-for-about-a-decade/articleshow/82059261.cms SynopsisExport growth has been anemic and the country now seems to be stuck at the $300 billion range in global trade. For a
A bank in the wallet? RBI has just taken Indian banking to next stage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/a-bank-in-the-wallet-rbi-has-just-taken-indian-banking-to-next-stage/articleshow/82062459.cmsSynopsis Over the last decade, the digital wallet payment system has not only captured a significant market share but also completely revolutionised the payment
Religare Finvest to default on Rs 100 crore NCD payment obligation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/religare-finvest-to-default-on-rs-100-crore-ncd-payment-obligation/articleshow/82070449.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis NBFC firm Religare Finvest Limited (RFL) had borrowed Rs 100 crore from Axis Bank by placing non-convertible debentures (NCDs) on a private placement
OCI card holders: Expert Take: All your questions about the recent OCI changes, answered. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/expert-take-all-your-questions-about-the-recent-oci-changes-answered-/articleshow/82059519.cmsSynopsis An important modification introduced by the March 2021 circular changes the reporting obligations of OCI cardholders in India. They now have to report
Smaller auto component suppliers bore a larger impact from pandemic: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/smaller-auto-component-suppliers-bore-a-larger-impact-from-pandemic-report/articleshow/82068434.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis While the number of days for which these large companies held inventory and the number of days after which they received payment for
Prepack Insolvency Resolution Process Regulations notified for MSMEs–tax guru
Clipped from: https://taxguru.in/corporate-law/prepack-insolvency-resolution-process-regulations-notified-msmes.html Parliament is not in session and the President is satisfied that circumstances exist which render it necessary for him to take immediate action,