IL&FS’ woes are just worsening by the day. Frustrated with the opacity and snail-paced movement at the resolution of default at Infrastructure Leasing & Financial
Day: January 19, 2019
SMEs: 5 digital trends that are going to change how SMEs work – The Economic Times
By Arun Bansal The life of a small and medium business owner is overloaded with varied responsibilities – be it sales, marketing, customer management, or
Yes Bank: Yes Bank study shows significant opportunity for digitization in the MSME sector – The Economic Times
Yes Bank conducted an in-depth 5-month survey covering over 2,700 MSMEs across 20 industries from all over the country, to analyse the impact of digitization on
Save Income Tax: These new tax laws allow you to save more tax in FY2018-19: Here’s how – The Economic Times
This benefit will be available to those individuals as well who pay health insurance premium for their parents aged 60 years and above. Budget 2018
NPA recognition likely to get prolonged till FY20, may spike by Rs 5.24 trillion: RBI – The Economic Times
Non-performing asset recognition is likely to get prolonged till the next fiscal year and can put Rs 5.24 trillion debt in FY20 at risk increasing the
NCLT allows ex-brass of IL&FS to withdraw Rs 2 lakh per month – The Economic Times
The National Company Law Tribunal (NCLT) has allowed the former directors of the crippled IL&FS Group to withdraw Rs 2 lakh each per month from one of
India may miss disinvestment target once again in FY19; fiscal deficit set to overshoot limit – The Financial Express
After overachieving the divestment goal in the last financial year 2017-18 by a respectable amount, India looks set to miss its disinvestment target for the
Only 5% MSMEs have fully embraced digital technology, says Yes Bank survey – The Financial Express
Digital adoption among micro, small and medium enterprises (MSME) is still a long way to go as only 5% out of the 2,700 MSMEs, surveyed by
Fiscal trouble: Fallout of lower tax revenues could hurt private investment and growth – The Financial Express
In August 2018, we had pointed out (bit.ly/2T4U3SZ) how the Central government had been cornering much of the financial savings through off-balance sheet borrowings, thus
Steps to bolster IBC process soon: SBI’s Kumar pitches for easing related-party rule – The Financial Express
Kumar made a case for other tweaks to enhance the efficiency of IBC, including penalties against non-serious bidders and overseers for the liquidation process. The
China slowdown, trade disputes with US weigh heavily on Asian economies | Business Standard News
The latest run of weaker Chinese economic data means “things have to get worse before they get better,” according to economists at Bank of America Merrill Lynch.
Brexit–Another referendum, now | Business Standard Editorials
Barely a day after suffering the greatest parliamentary loss in almost 100 years, the United Kingdom’s Conservative government, led by Prime Minister Theresa May, survived
Modi Sarkar’s final frontier | Business Standard Column
It is a terrible thing to do but one must start by stating what is painfully obvious: Narendra Modi seems to be finding out that five years
E Aadhaar card reprint- How to print your Aadhaar card officially by Unique Identification Authority of India – UIDAI? – The Hindu BusinessLine
You can now get the Aadhaar card reprinted directly from UIDIAI. It is now possible to get our Aadhaar card printed officially by the Unique
Confused and splintered over Brexit – The Hindu BusinessLine
There’s growing irritation with UK’s inability to agree about what it wants. Complacency that things will inevitably work out is risky Within minutes of the
Developments around Brexit have repercussions on India’s external sector, says RBI Governor – The Hindu BusinessLine
The recent developments around Brexit have repercussions on India’s external sector and the Reserve Bank of India will carefully weigh the challenges and opportunities that
‘Uptick in credit demand from SMEs after note ban, GST’ – The Hindu BusinessLine
There has been a steady uptick in demand for credit from small and medium enterprises (SMEs) over the last 18 months following demonetisation and GST.
NCLT slaps penalty on Tata Chemicals for fraudulent case against vendor – The Hindu BusinessLine
The National Company Law Tribunal, Mumbai, has slapped a cost of ₹10 lakh on Tata Chemicals for filing a petition fraudulently and with malicious intent
Bharati Defence insolvency: NCLT finds ‘conflict of interest’ between Edelweiss ARC and E&Y – The Hindu BusinessLine
The Mumbai bench of the National Company Law Tribunal (NCLT) has made damning observations on Edelweiss ARC and Ernst & Young while ordering the liquidation
Syndicate Bank’s new platform to approve loans within 15 minutes – MONEY & BANKING – The Hindu BusinessLine
In a first for a public sector lender, Syndicate Bank plans to set up a platform for loan approval within 15 minutes. Top officials of
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