A senior adviser to the Ministry of Agriculture warns that India may soon earn the dubious title of ‘farmer suicide capital of the world’, as
Month: November 2019
Resolution-less bankruptcies on rise in India | Deccan Herald
In 2016, the Insolvency and Bankruptcy Code (IBC) was enacted with much fanfare amid hopes of reviving the stressed companies. Three years on, the picture looks
Morepen Laboratories moves NCLT against Wockhardt to recover outstanding dues–Business Today
Pharmaceuticals firm Morepen Laboratories Ltd has approached the National Company Law Tribunal (NCLT) seeking to retrieve money Wockhardt owes it for producing and delivering medicines
About 40,000 telecom jobs at risk after SC verdict puts Rs 92,600 crore burden on sector–Business Today
The Indian telecom sector is staring at 40,000 job cuts over the next six months. Following the Supreme Court’s verdict asking telcos to pay up
First time in India’s history, employment slumps 9 million in six years: Azim Premji University
Total employment in India dropped by 9 million between 2011-12 and 2017-18, a first in the country’s history, a paper published by Azim Premji University
RERA officials to approach housing ministry for clarity vis-a-vis IBC – The Financial Express
The first national meet of officials of the Real Estate Regulatory Authority (RERA) is likely to brainstorm among others issues the scenario emerging out of
Tamil Nadu MSMEs pumped Rs 5.5k crore investment to create these many jobs – The Financial Express
Skilling, Labour, Talent for MSMEs: Micro, small and medium enterprises of Southern state Tamil Nadu has enabled generation of 5.96 lakh jobs in the MSME sector
What next Lakshmi Vilas Bank? | Business Standard Column
After the Reserve Bank of India (RBI) rejected Indiabulls Housing Finance Ltd’s plan to be merged with Lakshmi Vilas Bank Ltd (LVB), the housing finance company hopes to focus on the
WTO panel rejects India’s arguments | Business Standard Column
A World Trade Organization (WTO) panel has concluded that India is maintaining prohibited export subsidies that must be withdrawn in the coming months. Our government might appeal.
MCA floats a new testing proposal to filter frivolous independent directors | Business Standard News
The Ministry of Corporate Affairs has proposed a new testing system for independent directors of a company. This has been entrusted with the Indian Institute of Corporate Affairs, which
GST only needs simplification | Business Standard Column
There is a misunderstanding going around that reduced tax collection is because of the defective GST structure. GST is not the cause for the slowdown in tax collection, rather
From contractor plights to discharge vouchers, here’re the key court orders | Business Standard National
Plight of sub-contractors in ‘stuck’ projects The plight of sub-contractors in infrastructure projects was highlighted by the Delhi High Court in its recent judgment in
Three banks report NPA divergence a day after Sebi directive – The Economic Times
A day after market regulator Sebi put in place tighter disclosure norms, Lakshmi Vilas BankNSE 4.87 % and two other lenders on Friday reported divergence in their bad loans
Choked by dues: What efforts are being taken to ease the biggest problem faced by Indian MSMEs? – The Economic Times
According to the MSME Act, delayed payments to MSMEs can lead to a penalty. Haggling is an art. Bengaluru-based Amarpreet Kalkat, 41, cofounder of Frrole
ASEAN India Summit: Will see whether interests fully being accommodated in RCEP: PM Modi
As he left for his visit to Bangkok, Prime Minister Narendra Modi on Saturday said India will consider whether its concerns and interests in trade in goods,
Ease of Doing Business rankings: Rising through the ranks – The Financial Express
Targeting the World Bank rank is a very good guide on what governments should do to ease the business environment. It actually sets a template
India’s RCEP foray may prove disastrous for domestic industry: Expert | Business Standard News
At a time when exports continue to struggle with an economic slowdown and a global trade war, India’s foray into the Regional Comprehensive Economic Partnership (RCEP) deal
Two years on, RERA still under construction | Deccan Herald
In 2014, Piyush and his brother Ankur (both names changed) had booked a flat in a multi-storey apartment complex that was being built by one
Diluting Govt Stake Below 50 In PSBs No Solution Unions – BW Businessworld
Associations of employees and officers of public sector banks (PSBs) have expressed disagreement with Nobel laureate Abhijit Banerjee’s view that the government should privatise PSBs
Don’t cheer for rate cuts! Banks have only transmitted 0.6 per cent of 2.25 per cent repo cut by RBI, choking up the economy–Business Today
Do not cheer for RBI repo rate cut. It means everything and yet results in nothing. Because the economy is choked up. Not for any fault