The Code, which comes under the corporate affairs ministry, has already been amended twice. The government is ready to make further changes to the Insolvency
Month: August 2018
SC allows RCom to sell telecom assets worth Rs 181 billion to Reliance Jio | Business Standard News
The Supreme Court on Friday allowed Anil Ambani-owned Reliance Communications (RCom) to sell its telecom assets worth about Rs 181 billion to Reliance Jio, controlled
IGST cut: Why industry’s pitch for import duty hike may be misplaced | Business Standard News
Pitch by businesses for an import duty hike after goods and services tax (GST) rate cut on over 100 items in the last Council meeting appears misplaced with no
Ministers’ panel approves GST discounts for digital payments – The Hindu BusinessLine
A Group of State Finance Ministers on GST discount, headed by Bihar Deputy Chief Minister Sushil Modi, on Friday gave its nod for incentivising digital
A game changer, IBC will have positive impact on economy: Injeti Srinivas – The Hindu BusinessLine
The Centre on Friday sought to silence critics of the Insolvency and Bankruptcy Code (IBC), who contended that the entire process was leading to “huge
India chooses between a falling rupee and a banking cash crunch – The Hindu BusinessLine
The Reserve Bank of India (RBI) faces a tough choice in how it uses its monetary muscle. Does it protect a fragile rupee or does
Leave e-markets alone – The Hindu BusinessLine
E-commerce policy draft proposals are into micro-managing platforms A raft of rather disturbing proposals on e-commerce policy, that goes against the first principles of liberalisation,
RBI increases interest rate | दर, दक्षता आणि धरबंद | Loksatta
रिझव्र्ह बँकेच्या पतधोरण निर्धारण समितीने बुधवारी बहुमताने रेपो दर आणखी पाव टक्क्याने वाढविण्याचा निर्णय घेतला. चलनवाढ अथवा महागाई दर हा रिझव्र्ह बँकेच्या दृष्टीने जिव्हाळ्याचा आणि
Rising bad debts: PSBs add 1,186 more to wilful defaulters’ list in 27 months – The Hindu BusinessLine
Public sector banks have declared more than 1,100 debtors as ‘wilful defaulters’ during March 2016 to June 2018. In value terms, this is a 67
In tax dispute cases, pay less to get a stay – The Hindu BusinessLine
Getting a stay on proceedings in the event of a tax dispute could cost less now. The Supreme Court has ruled that in case of
Watch out, defaulters! Banks have detectives on your tail – The Hindu BusinessLine
n true filmy style, detectives will soon track loan defaulters. With mounting bad loans, banks are hiring detectives to trace vanishing customers. About half a
Anything but simple – OPINION – The Hindu BusinessLine
GST returns: New format complicates things Locked Invoices. Rejected Invoices. Pending Invoices. Missing Invoices. Amended Invoices. GST taxpayers would need to get accustomed to an
RBI needs to infuse liquidity for interest rates to stabilise – The Financial Express
There is no doubt Wednesday’s repo rate hike of 25 bps will hurt the nascent growth recovery. There is no doubt Wednesday’s repo rate hike
LLPs are here to stay – Here is why – The Financial Express
Conceptually, the Limited Liability Partnership (LLP) law was introduced in India in 2008 to create a platform where business can be carried out as a
Can IBC turn around the investment cycle? – The Financial Express
India has improved its ranking in both the World Bank’s Ease of Doing Business and the World Economic Forum’s Competitiveness Index by more than 30
Be careful! Your Aadhaar may be safe, but you aren’t from cybercriminals | Business Standard News
Over the weekend, Ram Sewak Sharma, chairman, Telecom and Regulatory Authority of India(Trai), created quite a flutter on Twitter when he gave out his Aadhaar number and
Bhushan Power and Steel: NCLAT asks creditors’ panel to allow fresh offers by all bidders – NEWS – The Hindu BusinessLine
n a major setback to Tata Steel, the National Company Law Appellate Tribunal (NCLAT) has ordered the Committee of Creditors (CoC) of Bhushan Power and
Bhushan Power & Steel: NCLAT allows rebids by all – The Financial Express
Bhushan Power & Steel: NCLAT allows rebids by all The National Company Law Appellate Tribunal (NCLAT) on Wednesday allowed the three bidders — Tata Steel, JSW Steel
Are Indian banks ‘too big to fail’? Here’s what RBI is doing about it – The Financial Express
The Reserve Bank of India (RBI) faced an interesting question on Wednesday at the August monetary policy press conference. The Reserve Bank of India (RBI) faced an
MSMEs may get GST refunds – The Financial Express
MSMEs may get GST refunds The Goods and Services Tax Council, in its meeting on Saturday, is likely to consider extending some monetary sops to
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