Except Bombay Rayon, Alok Industries, Bhushan Steel & Power and Essar Steel are currently under NCLT process. Taking a cue from the SBINSE 1.45 %, the Central
Month: March 2019
Open offer exemption: No open offer exemption without IBC: Sebi – The Economic Times
The regulator’s move to deny such open offer exemptions will affect companies looking to restructure their debt. Companies and investors looking to buy firms, whose debt restructuring
India’s economy just fell in with bad crowd; here’s how – The Financial Express
India isn’t keeping the best company. When Reserve Bank of India officials reviewed the global economy at February’s meeting, they ticked off a list of
Safer way to transact online: Tokenisation of card transactions enhances digital payments ecosystem – The Financial Express
By Kalpesh J Mehta The Indian economy has traditionally been dominated by cash. However, the increased adoption of smartphones together with a favourable regulatory environment are
No country for old people | Business Standard Editorials
At first glance, the Assam government’s decision to set up a three-member commission called PRANAM (Parents Responsibility and Norms for Accountability and Monitoring) sounds absurd. The commission will adjudicate
Biggest triumphs associated with GST is the depiction of cooperative federalism – The Economic Times
By Abhishek Jain A year and a half of this new tax regime, while may have been a roller coaster ride for many, but any rational man
Posted overseas? Not disclosing foreign bank accounts can lead to prosecution under Black Money Act – The Economic Times
By Amarpal S. Chadha If you are travelling or posted abroad on work assignments, projects, business, etc you should be very careful that you do
Under threat: India’s miracle growth rate–Economic Times
Miracle economies are defined as those with GDP growth of 7% for a decade or more. India qualifies, but the latest data are sobering. Q1
Bankruptcy: Over Rs 2 lakh crore bad loans settled, says government official – The Economic Times
The recovery rate then was around 25 to 26 per cent. In the last two years, this has changed. Over Rs 2 lakh crore worth
GST collection falls back below Rs 1 lakh crore; Feb mop up down at Rs 97,247 crore – The Financial Express
Giving a jolt to the Modi government, GST collection for February 2019 fell to Rs 97,247 crore from Rs 1.02 lakh crore in the previous
Supreme Court judgement on PF contribution: How it impacts your PF and take-home pay – The Financial Express
In addition to basic salary, the other emoluments are shown as different allowances such as house rent allowance, special allowance etc. in the salary structure.
GDP–Lower than expected | Business Standard Editorials
The Union Ministry of Statistics and Programme Implementation on Thursday released the Second Advance Estimates of gross domestic product (GDP) for the ongoing fiscal year
Imperfect ruling on constitutionality of IBC | Business Standard Column
On January 25, 2019, the Supreme Court upheld the constitutionality of the Insolvency and Bankruptcy Code, 2016 (Code henceforth), in its entirety. The scheme of the Code,
Failure to repay a loan is not a criminal offence unless there is fraudulent intent: SC – The Hindu BusinessLine
In a significant ruling, the Supreme Court has held that failure to repay a loan is not a criminal offence unless there is a fraudulent
IBC brings down NPAs, says top Govt official – The Hindu BusinessLine
There has been a reduction in the addition of fresh NPAs over the last two years due to the implementation of the Insolvency and Bankruptcy
Need to work on access to finance for smaller firms says CEA – The Hindu BusinessLine
The proportion of credit that has flown to larger firms in Indian economy has increased from 69 per cent to 82 per cent between 2007
The Aadhaar ordinance raises serious constitutional concerns | columns | Hindustan Times
The Union Cabinet on February 28, 2019, gave its approval for promulgation of an ordinance that would allow voluntary use of Aadhaar as identity proof
शिस्तीचा अधिकारी – श्री संजय बर्वे –महाराष्ट्र टाइम्स
शिस्तीचा अधिकारी कडक शिस्तीचे संजय बर्वे मुंबईचे बेचाळिसावे पोलिस आयुक्त आहेत. सुबोध जयस्वाल पोलिस महासंचालक होणार हे निश्चित झाल्यानंतर बर्वे आणि अपर पोलिस महासंचालक परमवीर सिंह यांच्या
Jet Airways founder Naresh Goyal agrees to step down as chairman: Source – The Economic Times
Naresh Goyal agrees to step down as chairman of Jet Airways Beleaguered Jet AirwaysNSE -0.36 %‘ Chairman Naresh Goyal has agreed to step down as the lenders gear
Reduction in GST rate leads to a drop in price? Real estate a test case for broader changes – The Economic Times
For builders, complexity around another change in tax rules is something they will have to deal with. When the rate of tax comes down, the
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