In a major development, state-run lender Punjab National Bank has dragged Binani Industries to the National Company Law Tribunal (NCLT) as its subsidiary Edayar Zinc
Month: January 2019
Rera panel members bat for builders – The Economic Times
Intense lobbying has started within a government-appointed panel to bar homebuyers — under the guise of “removing difficulties” for effective enforcement of the real estate regulation law, RERA —
Low expectations: Why lowering the bar for reserved posts in judiciary is a bad idea – The Financial Express
A Supreme Court bench headed by Chief Justice of India (CJI) Ranjan Gogoi has asked the Kerala High Court to consider lowering the qualifying score
Yashwant Sinha, BJP’s rebel with a cause, on GST to top BJP leaders | Business Standard Celebrity Lunch
On a cold winter day, Sinha sits snug near an oil heater behind a wooden desk in the small but well-furnished study of his tastefully
‘Adventurism over professionalism’: Jaitley flays CBI for Kochhar probe | Business Standard News
A day after the CBI named banking doyen K V Kamath and virtual who’s who of the sector for questioning in the alleged fraud case
Upholding IBC tenets, apex court says promoters can’t bid for stressed assets – The Hindu BusinessLine
The Supreme Court on Friday upheld all the contentious provisions of the Insolvency and Bankruptcy Code (IBC) and reaffirmed the spirit of the law to
Jaitley cautions CBI; comes to the support of bankers – The Hindu BusinessLine
Union Minister Arun Jaitley on Friday came out in support of the banking fraternity on their complaint regarding their names being included in the CBI
MSE loans: BoB aims to cover every district with specialised branches – The Hindu BusinessLine
Bank of Baroda (BoB) plans to roll out specialised branches in each district of the country to cater to the credit requirements of micro and
Performance security a must for corporate resolution, says IBBI – The Hindu BusinessLine
The Insolvency and Bankruptcy Board of India (IBBI) has mandated resolution applicants to furnish performance security in corporate insolvency process. This has been stipulated to
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भारतात नऊ धनिकांकडील संपत्ती ६५ कोटी भारतीयांच्या एकंदर संपत्तीएवढी आहे, हे सांगणाऱ्या अहवालाने पोटदुखीचे कारण नाही, पण डोकेदुखीचे आहे.. संपत्तीबाबत दोन समस्या असतात. एक म्हणजे
PSU bankers raise questions about delay in RBI action against former ICICI Bank chief Kochhar – The Economic Times
A section of public sector bankers Thursday raised questions about the RBI seeking powers to regulate state-owned banks saying it apparently failed to act against
Judges appointment row: Transparency, like sunlight, is the best disinfectant. Supreme Court must finalise Memorandum of Procedure–Times of India
Justice Madan Lokur’s view that Chief Justice of India Ranjan Gogoi should have stuck to the original collegium recommendation to elevate Justices Pradeep Nandrajog and
India Today at Davos: Absolutely fulfilling experience, says Raghuram Rajan on his RBI tenure – Business News
Raghuram Rajan says his tenure as the Reserve Bank’s governor was an “absolutely fulfilling experience”, and that he “wouldn’t change it for anything”. Rajan’s remarks
Angela Merkel at Davos: India, China changing how global financial systems work – World News–India Today
German Chancellor Angela Merkel on Wednesday said countries like India and China have begun affecting the world economy much more today and that needs to
The crisis of imbalance in the world economy | editorials | Hindustan Times
The World Economic Forum (WEF), an annual event held in the Swiss ski resort of Davos, has become a symbol of global capitalism. Oxfam, an
How Artificial Intelligence is poised to boost SME growth – The Financial Express
By Nitish Pandey Let me start with an outlandish prognosis “Ultimately machine learning and AI will change everything around us. From financing to manufacturing to
Budget 2019: Dear PM Modi, these two pro-farmers moves can prove to be game-changer – The Financial Express
Union Budget 2019 Expectations for Agriculture Sector: Farmers’ protests in last two years hit the headlines and became a powerful tool for the Opposition parties led
Excess reserves? RBI may need to borrow from govt in emergency – The Economic Times
By Anirban Nag India’s central bank has insufficient capital, much less a surplus to hand over to the government, a new study shows. Operating losses could
Raghuram Rajan: Govt should learn reform lessons from Narsimha Rao-Manmohan Singh: Raghuram Rajan–Economic Times
Job creation, tolerance of divergent views and protection of institutions are among the biggest issues facing India, former Reserve Bank of India governor Raghuram Rajan said in
Got income tax notice for not filing ITR despite high value transactions? Here’s what to do – The Economic Times
Information details can be viewed under e-verification menu on the Compliance Portal. Many persons who have done high-value transaction in financial year 2017-18, but not yet filed
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