By Archit Gupta The filing of the first annual return for FY 2017-18 is due in roughly three months. It covers a period of nine
Day: March 28, 2019
Raghuram Rajan questions Narendra Modi’s minimum govt, maximum governance promise – The Economic Times
Former Reserve Bank governor Raghuram Rajan Wednesday questioned the ‘minimum government and maximum governance’ promise of the Narendra Modi regime, saying the state has gained more power sans any
View: A fair assessment of Good and Services Tax – The Economic Times
By V S Krishnan After long deliberation, the goods and services tax (GST) was implemented in July 2017. Nearly two years have passed since, and there’s a
NCLT clears Sharad Sanghi’s revised resolution proposal for Jyoti Structures – The Economic Times
Dedicated bankruptcy court National Company Law Tribunal (NCLT) approved a resolution plan for debt-laden Jyoti StructuresNSE 2.86 % for Rs 3,965 crore with about 45% haircut. A group of
A new tool in apex bank’s repertoire–Economic Times
The RBI’s successful rupee-dollar swap pilot is likely to entrench this as a liquidity management tool in the central bank’s repertoire. The swap represents proactive
No stay on funds distribution at Essar Steel – The Economic Times
The National Company Law Appellate Tribunal has directed Essar Steel’s resolution professional to call a meeting of the Committee of Creditors and work out the
Usha Ananthasubramanian: Ex-PNB CEO aproaches NCLAT in Nirav Modi fraud case – The Economic Times
Former MD and CEO of Punjab National BankNSE 0.97 % (PNB) Usha Ananthasubramanian has challenged the January 31 order of the National Company Law Appellate Tribunal‘s (NCLAT) Mumbai Bench that made her
bad loans: How bad loan mess is hurting lesser-rated borrowers as well as banks – The Economic Times
Bankers acknowledge that the pivot toward better credit profile could leave some companies behind. Best of the Breed: That’s the central hiring mandate to HR
Bank of India: NCLT admits Bank of India’s insolvency plea against Shrenuj & Co
Shrenuj & Co, the century-old diamond house that had the late Maharani Gayatri Devi of Jaipur as its brand ambassador during its heydays, has been admitted into
Raghuram Rajan behind Rahul Gandhi’s minimum income scheme? Here’s what former RBI governor said – The Financial Express
Former Reserve Bank governor Raghuram Rajan Wednesday admitted that he has offered his views to the Congress leadership on the Nyay scheme, wherein the main Opposition party is promising
Congress’ NYAY cutoff is nothing but Tendulkar – The Financial Express
For two and a half days, the media was full of discussion, and interpretation, of the Congress’s proposal to alleviate poverty (hereafter pap or PAP). In
Unaffordable welfarism | Business Standard Editorials
Congress President Rahul Gandhi has come up with the latest instalment of welfarism with the promise of depositing Rs 6,000 per month in the accounts of 20 per
Rahul announces three year exemption from govt regulations for new MSMEs | Business Standard News
Congress president Rahul Gandhi on Wednesday said a key promise of his party’s manifesto, to be unveiled in the coming days, would relate to helping the MSME sector.
Essar Steel lenders unlikely to get ArcelorMittal payment by March 31 | Business Standard News
The bankers to Essar Steel India Limited will not be able to receive ArcelorMittal’s payment for the company by March 31 despite a meeting of
Insolvency Law–Operation clean-up | Business Standard Editorials
The insolvency and Bankruptcy Code, which gained momentum in 2017-18, is one of the most important regulations in India’s corporate history. The new law sent
The disuniting of the United States? | Business Standard Column
For most of January and February I was in Los Angles, California. This is the centre of the “Trump resistance” and California played a significant
CBDT raises alarm as direct tax collection stands at Rs 10.21 trillion | Business Standard News
With four days remaining before the current financial year ends, the Central Board of Direct Taxes (CBDT) has sent a strongly worded letter to senior
Rupee strengthens. Should RBI worry? – The Hindu BusinessLine
Cometh the hour, cometh the idea. This phrase is apt for the latest USD-INR swap auction conducted by the Reserve Bank of India. The runaway
RBI throws open rupee interest rate derivatives market to non-residents – The Hindu BusinessLine
The RBI, on Wednesday, said non-residents can undertake transactions in the rupee interest rate derivatives markets to hedge an exposure to rupee interest rate risk
UK PM Theresa May says she will quit if Brexit deal gets passed: Lawmaker | World News, The Indian Express
British Prime Minister Theresa May said on Wednesday she would quit if her twice-defeated EU divorce deal passes at the third attempt, making a last-ditch
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